Blogs, guides, reports and news articles all in one place
Forecasting Inventory: How To Do It Right
05 Jul, 2019 • Helen Thomas
It doesn’t matter what type of business you run, an online ecommerce store or a brick and mortar store, inventory forecasting is vital to the success of your business. Think about it, what happens if you don’t have enough inventory on hand? Simple, you lose sales! What happens if you have too much inventory on... Read more »
POS Reporting: What It Is And How It Can Grow Your Business
05 Jul, 2019 • Helen Thomas
While there’s a number of different data points that can help your business grow, few are as important as the insights you get back from your POS. If you’re a retail business, analyzing sales data, inventory performances and employee sales is vital to the growth of your company. Before we dive in, what are POS... Read more »
How To Use Business Analytics To Fuel Your Company Growth
07 Jun, 2019 • Helen Thomas
Business Analytics (BA) refers to the practice of exploring a company’s data with a core focus on statistical analysis. Business analytics is used by companies that are committed to data-driven decision-making, which is vital for fueling the growth of your business and gaining a competitive advantage over your market. It requires quantitative methods and evidence-based... Read more »
5 Ways to Increase your Sales in 2019
01 May, 2019 • Helen Thomas
Retail can be a volatile space – at times, it’s a feast-or-famine situation. Many times, a sharp decrease in sales are due to factors outside of human control such as bad weather, product recall, new competition, changing consumer preferences, etc., but there are plenty of ways to combat the bottom-line-eating “slump” in sales. Your business... Read more »
Generational Differences in Your Retail Consumer Base
24 Apr, 2019 • Helen Thomas
Buy Now If it seems like Generation Y consumers are always shopping with their phones, well, they are. New research from GfK shows that 73 percent of those ages 29-38 report using a smartphone for shopping over the last six months. That’s compared with just 33 percent of baby boomers (ages 54-72) and 59 percent... Read more »
What Is A Sales Cycle And How To Master Every Stage
12 Apr, 2019 • Helen Thomas
While the definition of sales cycle can differ depending on whom you’re talking too, essentially it refers to the process that a company uses to obtain a new customer. It includes all activities associated with closing a sale. These steps and processes in a sales cycle can differ from one company to the next, depending... Read more »
