If you are a retailer and looking for a retail space, you need to consider various factors before making up your mind. Retail space is a physical location where customers purchase products and services. Retail spaces are found in the suburbs, metropolitan areas, and shopping [...]
Most retail companies focus their attention on eCommerce and tools that help them increase traffic, which is great if you want to attract customers. However, what about the traditional methods of retail marketing? What about the brick-and-mortar stores? Is retail going to become an exclusively [...]
Every retailer needs to market its wares: that’s been true since the very beginning. If you set up a stall in a marketplace full of other sellers, shoppers aren’t going to inevitably migrate towards you because they can somehow sense the quality on offer. They’ll [...]
Ideally, outsourcing involves hiring a vendor to carry out some business tasks instead of handling them in-house. It is a good way to save costs, increase efficiency and productivity as well as allow business owners to focus on tasks that are more important. In addition, [...]
Customer retention refers to the activities a brand performs to hold regular clients and build relations with them, turning them into loyal customers or brand advocates. While email marketing is one of the most powerful customer retention tools, small business owners in retail often ignore [...]
Let’s say there is a store that you’ve been eyeing for a while now because of its location and customer traffic. You’ve given the owner multiple offers without any luck. After years of operation, the store owner decides that it’s finally time to sell. The [...]
When you hear others talking about e-commerce, you probably might think it is a fully-automated business model that does not suffer physical store problems. This, in fact, is quite true. However, managing an e-commerce site can be just as challenging as other businesses, at times, [...]
With so much change and uncertainty going on in the world, business owners all have one thing in common—they must be on their toes, ready to adapt if they want to maintain standards for safety and remain in business. Although the future of many small [...]
Every year, more businesses are joining the fight to save the planet and prioritize sustainability. While LEED certification is an excellent start, it’s only the beginning. If your company values keeping itself green, there are a variety of ways you can incorporate sustainability — including [...]
It's not enough just to make a killer product - it also needs to be presented and packaged in a way that will attract consumers to purchase it. The colours and materials used to package a product could make or break a potential customer's purchasing [...]