Why Updating Your Accounting Records is Critical During the Last Quarter of the Year The months of October, November, and December are crunch time for most retailers, where consumers usually spend money for the Halloween, Black Friday, and Christmas seasons. …
Calculated Purchasing Decision for the Fourth Quarter of 2022 The last quarter of the year is the busiest yet most profitable time of the year. Especially with all the economic adversities—the COVID-19 pandemic, supply chain issues, and inflation, you have…
What Retailers Need to Know in Creating a Team of Great Employees As a retailer, you invest much planning and building in bringing your customers to your stores. As they enter, your employees are immediately the face of your business.…
Most retailers have a Point of Sale system (POS) to keep track of inventory, sales and customers. This has been a common practice in retail stores for the past 30 years. However, the data collected by your POS systems from…
Know What it Takes to Have Great People for your Business Apart from creating a marketing plan to attract customers to foster business growth, you also have to set up an objective and solid process to recruit the right people…
Wherever you go, from essential commodities to fuels and production costs, the existence of inflation is on everyone’s mind. The price increases are unpleasant for consumers and retailers since it challenges their budgets and business profitability, respectively. For retailers, price…
Entering purchase orders is one of the tasks most retailers hate doing. Just thinking about working on it is already exhausting, especially since most retailers want to be on the sales floor with customers. However, you might not realize that…
For retailers, the fourth quarter is considered the biggest time of the year. Is your company ready for it? Here are the five ways to finish the year successfully! #1 Craft your marketing plan Plan your marketing schedule not to…
Have you ever wondered why other retail stores excel in grabbing more customers while others do not? Why do their customers keep coming back? Your competitors might know their market well and how to keep them! Skip planning a business…
Align your Marketing for Brick and Mortar + Online Retailing One of the major goals in doing business is to meet and even exceed your customers’ expectations. As a retailer, you have to keep up with their developing buying preferences,…