What We’re Reading: Retail Trends and Holiday Strategies
As 2016 comes to an end and the holidays approach, we’re reading about a little bit of everything this week. This week’s articles include retail trends to expect in 2017, how to use holiday shopping to meet your annual revenue goals, and online shopping trends. Check out the articles below. (more…)
Why All Merchants Need Real Time Inventory Availability (And How You Can Get It)
There’s nothing much worse than seeing an “out of stock” sign for a product you want. Frustrated customers either buy from a competitor or don’t buy at all. As the merchant, you lose the sale.
75% of all adults have suffered from an unavailable product in-store in the last 12 months. 63% of those adults experienced it online, according to Retail Customer Experience.
Poor inventory control is a serious problem for merchants. It leads to poor customer satisfaction and lost sales. One fix for these problems is updating inventory availability in real time. This article defines real time inventory, explains why you need it, and how you can get it. (more…)
What We’re Reading: Selling on Social Media
This week we’re reading about the opportunities that retailers have to sell on social media platforms. Platforms like Instagram, Facebook, and Pinterest are new selling channels that retailers can take advantage of to reach a wider audience. Learn more about selling on these popular platforms. (more…)
Kits and Configurable Products: How Retailers Can Support Them
Merchants depend on different product promotions to sell their items. One type of promotion consists of grouping products together to form a new assortment.
For example, a beauty products seller might group together shampoo, conditioner, body wash, and face soap all together for a special promotion. These new product groupings are referred to as kits or configurable products. Retailers use them as part of their sales strategy to increase sales.
However, managing kits or configurable products in your software system can be complex. This article will cover what merchants need to support these types of product groupings. (more…)
What We’re Reading: Supply Chain Integration
This week we’re reading about why supply chain visibility is crucial to retailers today. These articles cover how retailers are investing in supply chain technology and how its transforming their business processes. (more…)
