Building on what customers value while spreading some digital magic. Image source With over $5 trillion in E-commerce sales completed each year, online shopping is with us for the long haul. Many retail spaces now stand empty in major cities around the world as leading companies continue to close stores. Some might say the end […]
The Evolution of Point of Sale (POS) Technology
The past, present, and future of point of sale hold unexpected possibilities. Image source Retail point of sale (POS) is not a new concept. The mechanical cash registers of the 1800s were considered the first true point of sale devices, with materials, payments, and records exchanged simultaneously at the checkout stand. The POS lineage can […]
How The Right Sounds and Scents Can Drive Sales At Your Store
“In some cases, the place – more specifically the atmosphere of the place – is more influential than the product itself in the purchase decision. In some cases, the atmosphere is the primary product.” -Philip Kotler When it comes to driving sales in a retail store, ambiance matters. There’s no doubt about it – a […]
The 6 Best Books for Brick and Mortar Retailers
These books are essential for upgrading your business intelligence Knowledge is power. This applies to all walks of life – and especially to the brick and mortar retail world. With stiff competition at every turn (both online and off), you need to be at your most powerful to give your business the best shot of […]
7 Habits of Highly Effective Retailers
Apply these 7 effective habits and improve your business! Every smoker knows that changing bad habits is a difficult task. Stephen Covey, the author of “The 7 Habits of Highly Effective People,” also knows that changing your habits is vital for becoming a successful person. But what about retailers? Can retailers change their habits […]
Want To Beat Walmart? Here Are 5 Lessons You Can Steal From Them
Retail strategies you can copy from the corporate giant When it comes to retail stores, the figurative elephant in the room is Walmart. This ubiquitous American super chain seems to have a megastore in every suburb of America. Some people hate Walmart, pointing to their notoriously low wages and history of driving mom and pop […]