The COVID-19 pandemic was like a wake-up alarm for business owners all over the world, which forced them to rethink their current business models. Especially in the retail sector, everyone started looking for sustainable retail practices to acquire current and potential customers. You have to understand that today’s consumer is well aware of the
In the fashion products segment, the retail corporation is gaining more importance to enhance India’s retail ecosystem. Back in the year 2020, when the COVID-19 outbreak started, many issues arise, such as: Increase in inflation, Falling GDP, Global Financial crises, Increase in unemployment, Shutting down of businesses, etc. This
One thing that COVID-19 taught to retailers is that the use of modern ERP solutions that offer omnichannel, cloud-native, multi-billing, and microservices is inevitable if they want to address rapid change in shopper’s demand in the future. We can’t deny the fact that it was necessary to impose a nationwide lockdown to protect people from getting
Since the COVID-19 outbreak has started, the world witnessed a rapid change in shopper’s buying behavior. The rate at which online transactions and online shopping trend has grown over the last couple of months shows that old business models are no longer an option to work with. For retailers, if they desire to grow their consumer base, centralize the
It’s not easy to run a multi-store retail business but with the right process, people, and tools, you can make the task of managing several stores quite easy. In this blog, we’ll talk about the few steps you can take to ensure the smooth working of all your stores under your watch. Following are some of the tips to help you manage multiple retail
The apparel and fashion industry is one of the largest and innovative business sectors in the world. Most of the concepts that retailers use these days were first experienced by fashion and apparel retailers. For example, Pop-up shops concept, which was initially piloted in the 90s by fashion and apparel retailers. Then came the next innovation wave of
The business industries are focusing more on customer experience nowadays. In retailing, a major factor that enhances customer experience is the transaction process. If we talk about the retail business 10 years back, there used to be a long queue at billing counters. However, traditional POS billing system enabled retailers to manage inventory, process
When you look into the market, you will find dozens of Retail POS software claiming to be best than others. But that’s not completely true. Every business segment has different needs, which concludes the usage of POS software. An apparel store will require a different type of Point of Sale features as compared to bakery or restaurant. But now, after
If you ask a retail owner, “what’s the most time-consuming task in their business,” then they will probably reply, “keeping up with the stock.” In case there’s a large mix of products, then they have to spend a majority of their time tracking inventory. When you have a good retail inventory management system, it will be easier for you to meet
Are you planning to select a retail POS system for managing your retail business processes? It is a vital decision, that you should make after analyzing every important aspect that a software must have. Are you unaware of this? Don’t worry, we will guide you to make a better decision to speed up your business profits. Following are the five key
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