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It may seem overwhelming to capture all the fine details of retail management meaning. But ask a consumer – “What is retail management?” – and they’ll tell you: “It’s when they can sell, I can buy, and we both have a great day.” And that’s truly the essence of good retail management. Want to create an efficient retail environment and keep your customers engaged? Let’s discuss what that entails and requires from you as a retail manager.
Global e-commerce sales are expected to grow by 39% by 2027, reaching the insane $8 trillion mark. But does ‘global’ necessarily include your online store? With over 24 million e-commerce stores worldwide, competition is intense. Simply driving traffic is no longer enough to increase sales on e-commerce sites. This guide offers hands-on tips to optimize every aspect of your e-commerce sales strategy and drive revenue increases. And for those who want even more ideas in the form of a to-do list, we’re glad to provide a free downloadable PDF checklist!
The clothing business can be highly lucrative and enable you to pursue your passions. Of course, this cannot be easy when life gets in the way. Work, kids, duties, and personal matters can all hinder your entrepreneurial journey toward starting a clothing business. Join us as we explore how to start a small fashion business at home entirely from scratch and the best tips and tricks to making it a huge success right out the gate.
Returns, loyalty programs, promotions, or compensation are all valid scenarios for awarding store credit. Retailers and e-commerce business owners use store credit to support their brand, increase customer satisfaction, and encourage repeat business. Below, we define the meaning of store credit and explore how to use store credit in your store to turn it into an effective game changer.
Think about the last time you wandered into a brick-and-mortar store. Have you ever noticed that complementary and similar things are listed right next to each other? The ketchup being next to the mustard is on purpose, and so are the little candy and trinkets placed at eye level right before you check out. In e-commerce stores, this could also manifest in the form of a coupon, deal, or last-minute saving right before your customers purchase.
Did you know that e-commerce reviews increase around 18% of sales of the business? If you are an e-commerce business owner, you are probably looking for ways to build trust and transparency with your customers. For that, you need to look closely into what your customers think about the product you are selling. And like any other progressive e-commerce business owner, these questions should pop into your head: Are they satisfied? Do they find it to be too expensive? How can I get their feedback? This is where product reviews come into the picture.
