Remove Payments Remove Point of Sale Remove Reference Remove Social Media
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Why Retailers’ Obsession with Conversion is Keeping Them from…Converting

Retail TouchPoints

Unfortunately, like many seemingly good ideas, while this approach might drive a few more completed purchases, it fails at the bigger picture metrics that these retailers actually care about: revenue and profit. That’s because neither revenue nor profit is a function of conversion alone. Social media? B2B or B2C?

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Retail Tech to Make Shoppers Fall in Love with Your Store

iVend

Personalisation and loyalty – Personalisation will continue to be a driving trend in 2024 – and with good reason – according to McKinsey, companies that get personalisation right can generate up to 40% more revenue. Customers get the offers and products that they want, and the retailer increases their marketing ROI, sales and profits.

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Top retail technology trends to look out for in 2024

iVend

Personalisation and loyalty – Personalisation will continue to be a driving trend in 2024 – and with good reason – according to McKinsey, companies that get personalisation right can generate up to 40% more revenue. Customers get the offers and products that they want, and the retailer increases their marketing ROI, sales and profits.

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How To Scale An Ecommerce Business (2024 Guide)

Smile.io

💡 Key takeaways: - Growing a commerce business involves increasing revenue with increased overhead investments. Scaling a commerce business is increasing revenue without a significant increase in operating costs. Adding points, VIP, or referral programs with Smile.io to retain customers.

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How Much Does It Cost To Open a Retail Store?

Korona

You’ll also need to pay for special equipment, point-of-sale software, administrative expenses, and more. Business insurance cost. Retail point of sale system. Payment processing. Key Cost Points To Consider When Opening a Retail Store. Permits, licenses, and insurance. Legal fees.

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Different Types of POS Systems: Quick Guide For Retail Business Owners

Korona

If you run a liquor store , QSR , golf course , grocery store , convenience store , or any other type of B2C business, you’ll need to equip it with a point of sale system. A POS system is essential to your day-to-day operations and can help keep everything from payment processing to inventory management running smoothly.

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Different Types of POS Systems: Quick Guide For Retail Business Owners

Korona

If you run a liquor store , QSR , golf course , grocery store , convenience store , or any other type of B2C business, you’ll need to equip it with a point of sale system. A POS system is essential to your day-to-day operations and can help keep everything from payment processing to inventory management running smoothly.

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