article thumbnail

What Main Street Can Learn from Wall Street: Retail Businesses Should Look to the Trading Floor for Inspiration

Retail TouchPoints

Retailers need to envision a future where managers will operate more like stock traders on the trading floor, orchestrating marketing, merchandising and digital levers to manage category profitability. Working in an algorithm-powered retail business requires developing a new operating model and mindset.

Retail 208
article thumbnail

Top 10 Multichannel Platforms

Algopix

Multichannel marketing, for the uninitiated, is when sellers implement one strategy across a number of platforms, giving themselves the maximum opportunity to interact with potential customers. So which multichannel platform is the right one for you? SellerActive. SellerActive integrates seamlessly with Amazon, Walmart, and eBay.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Best POS System for Small Business (Apr 2022)

Ecommerce Platforms

Some of the best features of Lightspeed POS include: Multichannel selling: Sell online as well as through a physical store and manage your inventory across both platforms at once. Cons: Can be very expensive for a smaller business to access all of the tools You can only run the software on certain operating systems. Who is it best for?

article thumbnail

8 Reasons Multi-Channel Sellers Should Use Listing Tools

SellBrite

In 2010, Jin Lin launched his jewelry business, Bista Co. , Lin found the solution to his multichannel selling problem by using Sellbrite’s listing tools, which allow him to sell his jewelry across various platforms and easily manage inventory. Some multichannel listing software will even integrate with point-of-sale systems.

article thumbnail

A Survival Guide For Third-Party Amazon Sellers

Ecommerce Platforms

There are three costs that you have a realistic chance of lowering: product, shipping and operating. Operating Costs: If you can’t lower product or shipping costs, your ability to compete on price depends on whether you can lower operating costs – specifically payroll – usually the highest expense after buying your products.