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Retail Trends 2023: A Guide For Small Business Owners

Korona

Despite persistent inflation and supply chain issues, there are significant bright spots in the retail industry. Total nationwide retail continues to rise each year, with 2022 reaching upwards of almost $5 trillion. Brick and mortar retail has shown impressive resilience over the past year.

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How Do You Successfully Manage a Small Business?

Korona

Managing a successful small business takes many aspects into account. In addition to knowing the basics of small business, you also need to know about financial management, human resource management, technology, inventory, and the laws and regulations pertaining to your business. Table of Contents.

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Building Loyalty Without Breaking the Bottom Line: the Dual Shipping Dilemma for Ecommerce Merchants

Retail TouchPoints

Online shopping is now easier than ever before, enabling consumers to purchase everything from socks to a dining room table from a computer at their home to a mobile phone in an airport terminal. While this is good news for many ecommerce retailers, it has also become more and more expensive to deliver those goods to customers.

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TA3 Swim Lowers Return Rates 47% with Virtual Fitting Room Tech

Retail TouchPoints

Selling swimsuits online was proving challenging for TA3 Swim due to customers often incorrectly choosing their own sizes — a problem for all apparel and footwear retailers, but particularly for the body-hugging styles sold by TA3 Swim. Of course, regular sizing was also an issue since the perfect fit was absolutely critical.

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How CPGs Can Use Location Data to Spur Growth

Retail TouchPoints

While recent market trends have led many consumers online, in-person retail remains the bedrock of the global economy. With it, businesses can gain insights into the offline habits of their customers and figure out where competitors and partners are located to optimize decisions like site selection.

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The Best Credit Card Processing Companies (In-Depth Review)

Kissmetrics

The transaction is of course one of the most important, if not the most important. Of course, you or your staff are going to be the ones actually using these systems. 3 – FIS — The Best for Small Businesses. There are many touchpoints along the customer journey. User Experience.

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Best POS Systems

Kissmetrics

So, irrespective of your small business type – retail, restaurant, franchise, online store, etc., The Top 5 POS Systems For Small Business Owners. Next, we picked the best POS system best suited for different small businesses with one to 50 outlets. Ease of Use.

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