Retail

Problems within a retail business don’t just pop up suddenly for you to realise and immediately take action. These are much more subtle and occur over a gradual period, manifesting into a dire situation of which often people have challenges coming out. 

For this reason, leaders must stay up on the operation, always one step ahead of each principal component. A wise move is to educate yourself on the warning signs that there may be problems, so you can squash them before you grow irreparably.

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Signs Your Business Is in Of Retail ConsultingRead More »

Amazon is the largest online selling platform in the world, with millions of customers eagerly searching for products just like yours. However, this vast marketplace also means there is plenty of competition for custom – and brands must work hard to stand out for the right reasons.

Digital marketing can assist with drawing custom-to-product pages, but what happens next requires significant input from the sellers themselves. Product pages must be at their very best before a customer will be willing to make a purchase and must feel they can trust the product (and seller) ahead of the transaction. How does a seller achieve this trusted status? Put simply, they achieve this by working to make themselves more retail-ready.

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Becoming Retail-Ready for AmazonRead More »

In today’s world of entrepreneurialism, many people perceive startups almost exclusively as online businesses. Indeed, the ability to start a company online is part of what’s led to a boom in entrepreneurial pursuits in the past decade or so, and a lot of startups do operate primarily on a digital front.

In turn, this is a lot of new business people’s introduction to management, and it’s debatable whether this is a good thing or not. However, there are still plenty of new companies and small businesses that rely on brick-and-mortar retail locations, and despite the digital revolution, it is becoming increasingly evident that physical retail stores are needed to complement the online presence.

This mistake is in thinking that one represents the future while the other represents the past. While it’s true that in certain cases an online business may seem decidedly more cutting edge than a retail environment, today’s stores can take a lot of steps to become more modern and technologically savvy. These are four such steps.

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4 Rules For Modern RetailRead More »

Despite the booming economy and a record holiday shopping season, 2017 was a tough year for traditional brick-and-mortar retailers, continuing the store-closing trend that has been dubbed the retail apocalypse. Over 300 retailers filed for bankruptcy last year, a 31 percent increase from 2016. Major brands including JCPenney, Macy’s, Kmart and Sears closed over 5,000 store locations. Another 1,000 locations are scheduled for the chopping block this year. Other brands facing trouble include Abercrombie & Fitch, Gap, and J. Crew.

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How Brands Can Avoid Becoming Victims of the Retail ApocalypseRead More »

Online business is growing, and growing fast. Ever since the earliest days of mainstream internet use, there were predictions from experts and analysts about the way the technology would affect our lives and the changes it would bring along. Now we’re living through those changes and it’s proving a very interesting time to be in business. It’s also throwing up plenty of new challenges and opportunities for entrepreneurs.

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How Online Shopping is taking over the Retail IndustryRead More »