Stay Competitive and Profitable With Trending Retail Payment Solutions While many brick-and-mortar stores have reopened since the beginning of the pandemic, the way consumers shop and pay for goods has permanently changed. Retail payment processing methods are moving from physical currency to digital transactions as more consumers use credit cards and other contactless payment solutions.…
Save Time and Streamline Operations With EDI for Retail The conventional method of manually ordering and receiving products from vendors is a time-consuming and tedious process vulnerable to errors. Retailers are all too familiar with contacting their sales representatives to place inventory orders via phone or email. In contrast, tech-savvy retailers have adopted Electronic Data…
Simplify the Process of Selling Alcohol Online Today’s consumers expect convenience. Virtually any retail good is now available online at the click of a button. It comes as no surprise that customers are purchasing more online and that the liquor, wine, and beer industries were no expectation. In addition, the alcoholic beverage industry is growing…
Leading Retail Business Analytics Solution Reporting and analytics are essential to retail because they tell business owners precisely what’s happening in their company, from customer trends to inventory reports. With the significant shift in customer behavior since the pandemic, having a firm grasp on your business data is even more critical. The EY US Future…
Increase Retail Sales This Holiday Season This holiday season in the retail industry is as unpredictable as ever. Holiday retail sales are forecasted to increase from last year, though the expected growth is lower than usual and will likely be driven by inflation. With the trends and economic factors impacting holiday shopping, small businesses must…
Is Zero-Cost Credit Card Processing Really Free? The growing adoption of mobile and digital payments in recent years reflects our steady migration to a cashless economy. With consumers increasingly choosing electronic and digital payment methods in stores and online, card checkouts surged to $9.4 trillion in 2021, according to the Nilson Report. In addition, Mastercard…
Benefits of a SaaS POS System for Retailers A common misconception when implementing a SaaS (software as a service) POS (point of sale) solution is that it means ditching existing current systems entirely, making it a significant undertaking. However, switching to a SaaS POS system can be as simple and seamless as your retail business…
SaaS POS vs. Traditional POS Systems One of the most essential pieces of any retail store is the point of sale (POS) system. It’s the heart of your operation, tracking inventory to payments and practically everything in between. So when deciding what POS system to use, it’s essential to understand what tools and features you…
Three Customer Marketing Tactics For Retail Stores Whether you are just opening a retail store or have been running a business for years, you know customers are what keep your doors open. It’s common for retailers to focus on earning new customers, but having a loyal customer base is crucial for your retail business. The…
How to Boost Operations with Your Current Retail POS Technology With the challenges retailers face today, whether dealing with labor shortages and finicky customers, issues like social distancing, constant cleaning, or maintaining proper inventory fulfillment processes, achieving operational efficiency is vital to save time and focus on customer service and satisfaction. While the goal of…