Retail Tips & Trends

What KPIs should your small business be tracking?

First of all, what is a KPI? KPIs, or key performance indicators, are measurable values that illustrate your business performance or effectiveness. They are essential to keep track of in order to understand where your business needs improvement. Different businesses will have different KPIs. The KPIs you track will depend on your business type, industry, […]

8 ways to improve customer retention in your café

It’s a bit of a business cliché by now, but for a good reason – it’s more expensive to acquire new customers than to keep your existing customers.  In fact, it’s up to 7 times more costly to acquire a new customer than to retain an existing one. That’s why it’s worth investing your time […]

A guide to payment processing for retailers

Of course, the downside is that payment processing will cost you. Some small businesses opt to stay away from accepting cards for this reason – however, your profits from card payments will surely compensate for your payment processing costs as long as you know what to look for. Let’s start simple. What exactly is a […]

Tips for stockroom organization

Anyone with any retail experience will know that the stockroom is an essential part of operating your retail store. A poorly managed, disorganized stockroom is a recipe for missing stock, damaged items, lost sales, and ineffective employees. On the other hand, a well-organized stockroom means you can keep better track of your inventory, make more […]

Best practices for reopening your retail store

Opening a retail store isn’t as simple as it once was. Whether you’re reopening after the pandemic, or opening your first physical storefront, there are measures all shop owners must take to ensure proper safety. Maintaining health regulations can definitely hinder your daily operations, but by planning right, you can make your store as efficient […]

How to open a vape shop

The vape industry is one of the fastest-growing industries globally, expecting to exceed $61 billion by 2025. If you want to open a vape shop, now is the time. While it’s a lucrative industry, it’s a bit trickier to open a successful vape shop than a typical retail store. So, with that in mind, let’s […]

How to open a pop-up shop

What is a pop-up shop, and why should you care? A pop-up shop is a temporary retail space that lasts anywhere from a few hours to a few weeks. They are an incredibly effective way to increase your brand awareness, drive sales, and find new customers.  Opening a retail space outside of your usual retail […]

5 Benefits of Self-Checkout

Step into any big department store, grocery store, or fast food chain, and you’ll probably see a self checkout terminal.  They’ve quickly become a staple in the retail and service industry, with 47% of adults reporting using self-checkout on a regular basis. With the inevitable shift towards automation, and the growing demand for social distance, […]

Last Minute Mother’s Day Promotion Ideas

Mother’s Day is just around the corner, and now is the time to start your Mother’s Day deals if you haven’t already.  According to the National Retail Federation, spending for Mother’s Day in 2021 is at an all-time high, with shoppers on average planning to spend an average of $220. Clearly, Mother’s Day is a […]

4 visual merchandising tips for 2021

Welcome to the front of our store “Welcome to the front of our store,” said the kiosk and the POS No touching! No tasting! No trying on! Except… Signs, signs everywhere (creatively and strategically, of course) The eyes have it
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