Remove Customer Retention Remove Demo Remove Operations Remove POS
article thumbnail

How Loyalty and Membership Programs Increase Your Amusement Park Revenue

Korona

All companies must continue to learn and adapt to smarter ways of operating within their industry. One of the most effective strategies for encouraging customer retention and increased consumer spending is to implement loyalty and membership programs. Customer acquisition cost is always higher than retention cost.

article thumbnail

How To Sell On Pinterest: A Step-by-Step Guide For Retail Business Owners

Korona

Sephora is a great example of a business that uses Pinterest to showcase its products creatively, including makeup tutorials and product demos. This will help build a relationship with your customers and increase brand loyalty. This helps retailers build strong customer relationships, improving customer retention and lifetime value.

POS 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

Retail Consumer Behavior Patterns and Shifting Dynamics: The Future of Retail & Retail Trends

RETAIL MANAGEMENT SOFTWARE

With consumers becoming more at ease with virtual space interactions, retail businesses have no choice but to ramp up their digital strategies and touchless technologies to meet the pent-up demand for seamless omnichannel operations. Self-service check-ins and checkouts have become the new norm, saving time and money for retailers.

article thumbnail

How Does Weedmaps Work?: A Guide For Dispensaries

Korona

From delivery services and customer retention to inventory management and track and trace , basically every aspect of growing, producing, and selling marijuana demands continual technology innovations and advanced software services. Weedmaps For Dispensary Customers. How Does Weedmaps Work For Customers?

POS 52
article thumbnail

How To Open A Dispensary In Michigan

Korona

KORONA POS For Dispensaries. Familiarize yourself with Michigan’s cannabis zoning laws , which establish which locations actually allow marijuana-related businesses to operate. In addition, a floor manager to oversee and troubleshoot all day-to-day operations will help maintain proper procedures and efficiency.

POS 59
article thumbnail

8 Ways Retail Stores Can Cut Running Costs

Korona

Running a retail store calls for a strict check on operating costs. You no longer have to keep hard copies of all your receipts, employee details, payrolls, bank statements, operational expenses, etc. . Even if you operate a physical store, they’ll usually want to compare your products online before visiting the store.

article thumbnail

How to Price a Product: Strategies and Methods For Retail

Korona

Cloud-based point of sale technology like KORONA POS that tracks and analyzes long term KPIs, customer retention, and conversion rates provides crucial sales data to help businesses determine what pricing decisions to make and when. . Few businesses can afford to operate on such low margins for an extended period of time.