Blogs, guides, reports and news articles all in one place
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 »
What Is Supply Chain Management?
18 Mar, 2019 • Helen Thomas
Supply Chain Management (SCM) refers to the complete range of activities needed to plan, control and execute a product’s complete journey, from the purchase of raw materials and production through distribution to the customer receiving their order, in the most efficient and cost-effective manner possible. If a company wants to compete in international and global... Read more »
Retail and Artificial Intelligence: What’s Next?
07 Mar, 2019 • Helen Thomas
Retailers are constantly talking about the future, but what technologies are going to take them there? When we think about innovations like chatbots, personalized product recommendations, dynamic pricing and programmatic display, there’s one common denominator. All of these are great examples of how artificial intelligence can be a game-changer for a multichannel retailer. Over the... Read more »
International Builders’ Show 2019
25 Feb, 2019 • Helen Thomas
Featuring more than 1,500 exhibitors, the 75th annual International Builders’ Show, held February 19-21, 2019 in Las Vegas, proved to be the biggest in a decade, proving to us that the home building industry continues to flourish. The show was part of Design & Construction Week®, which saw more than 100,000 attendees. The IBS exhibit... Read more »