10 Apr
What is a Barcode and How Does it Work?
Have you ever wondered how those black lines on product packages get translated into information at checkout registers? Or how warehouses manage to keep track of thousands of items? The answer lies in barcodes, those ubiquitous striped labels that have
28 Mar
11 Mistakes Retailers Make When Selling Gift Cards And How To Avoid Them
With billions of dollars being spent annually, gift cards have become an incredibly popular present item. Nonetheless, a lot of merchants continue to make typical errors in their gift card marketing, sales, and management strategies, which can have a bad
23 Jan
Choosing the Right POS System for Your Small Business
Opening a store and deciding what point of sale (POS) system to use is an important moment for any entrepreneur. The right POS for your retail business acts as the central nervous system across your locations—unifying customer interactions and keeping
09 Jan
Why Every Growing Retailer Needs a Multichannel POS?
These days, customers want flexibility in how they shop – whether it’s on mobile during their morning commute or swinging through your brick-and-mortar location on a Saturday. Multichannel commerce is important now. The good news is that selling across different
08 Nov
Choosing the Right POS System for Your Retail Business
As a retail business owner, choosing the right Point of Sale (POS) system is crucial for the success of your business operations. A POS system helps streamline all your sales transactions and provides valuable business insights. However, picking the wrong
27 Sep
A Simple Guide to Inventory Reporting for Retail Businesses
Whether you have a single store or a nationwide chain, finding the best way to keep track of inventory is crucial to running a successful business. Knowing how much product you have on hand and being able to project future
20 Sep
A Guide to Implementing Penetration Pricing
Have you ever wondered how some companies are able to gain so many customers and dominate the market in such a short period of time? The answer may lie in an obscure pricing strategy known as penetration pricing. Penetration pricing
04 Jul
Dead Stock: A Guide To Handling It
Dead stock is an inevitable part of running any business. At some point, you’re going to end up with inventory that’s no longer selling – products that sit on the shelves or in storage gathering dust. As a business owner,
06 Jun
Mobile Payment: Definition, Type, Advantages
As many of us become increasingly reliant on our mobile phones, new technologies are emerging that make our lives just a little bit easier. One such technology is mobile payment – the ability to make payments from your smartphone using
23 May
Financial Performance Metrics for Evaluating Retail Business
Running a retail business is hard work and finding ways to evaluate how well your business is doing is crucial to make improvements and stay on track for success. In this blog, we’ll discuss some key financial performance metrics you
