There is a lot of retail verbiage that goes around in conversation. As a retailer, knowing what it all means is your job. One of the most difficult concepts in retail is retail pricing strategy, specifically markup and margin pricing. What do these two terms mean? This guide will break down each and walk you Read More …
Having the right display is essential for commercial or personal use. No matter what kind of items you want to display, you’ll want to make sure it has maximum visibility as well as the right protection. Let’s say you’re a collector who has a lot of cherished items in a collection; personal display cases are Read More …
Stocking products on shelves is just one of the hundreds of things it takes to run a successful store or retail business. There is also something that goes into the thought process of how to present those products to your customers. Obviously, you’ll want them at a visible level so that customers can see them, Read More …
With everything being online, surprisingly enough, magazines are making a comeback! It seems customers as a whole like to have tangible reading material again that digital screens can’t replicate. With that being said, retailers will need to have the right tips and methods on how to display magazines to attract more customers and upgrade their Read More …
When you walk into a fitting room, it looks like a disaster, and that can ruin your entire shopping experience. Making sure your customers see the ideal fitting room can be a small detail but greatly impact their feelings around your brand, which could even lead to increased sales. Read more in this blog on Read More …
As a retailer, it’s your job to understand all the details of sales and the metrics that come with it. Even if you just run a small boutique, it’s important to understand the difference between net and gross sales. Once you have them figured out, it can help your overall business strategy. Read on for Read More …
Understanding consumer behavior is like having your own money printer for your business. It might sound like an exaggeration, but when you truly grasp what drives your customers’ decisions, the impact on your sales and marketing can be transformative. In the ever-evolving world of commerce, knowing the why behind your customers’ actions is a game-changer. Read More …
High-margin products are one of your best assets as a retailer. If you’re trying to maximize your revenue, honing in on these kinds of products can allow you a higher profit potential. This blog will discuss the best ways to showcase these products and how to attract high-value customers and boost your bottom line. Understanding Read More …
Knowing your competition is everything in the retail world. With technology and the internet, competitors everywhere can find out what’s trending as soon as it happens and mimic it in their own stores. It’s very fast-paced. Knowing how to beat or be different than your competitors is the advantage a lot of businesses think is Read More …
Retail is constantly changing and evolving over time. It’s important to have your store adapt to the changing environment and new trends to attract more customers. This is where experiential retail enters the scene. This concept helps retailers prioritize customer engagement by honing in on their own shopping experience and making it more memorable. How Read More …