Retail TouchPoints

APRIL 11, 2024

We are past the point of conjecture about whether AI will upend the retail industry; it already has. In a recent study sponsored by Nvidia, 69% of retailers that used AI in 2023 reported that it increased revenues, and 72% said it reduced operating costs. Those early use cases make sense because they deliver immediate results.

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Retail TouchPoints

APRIL 25, 2024

One self-checkout kiosk can run as much as $30,000 to install, and a study by the Food Industry Association found that 96% of the food industry retailers it surveyed offer self-checkout — meaning that self-checkout is unlikely to disappear from stores anytime soon. And just like most tech, it has improved and evolved over that time.

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Retail TouchPoints

NOVEMBER 3, 2021

Buzek, who has studied and quantified retail technology for decades, shared the top 10 contactless trends to watch for in the coming months and years. margin points when their customers’ journeys are not optimized, but when they are optimized, they can recover about 70% of that margin loss,” explained Buzek.

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Retail TouchPoints

APRIL 30, 2024

The retail technology revolution has brought forth many new innovations such as palm scanning and AI chatbots over the last few years, all of which have sought to meet the same goal: improving the customer experience. Last year, it implemented several self-checkout stations for its market concessions.

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Korona

JANUARY 1, 2023

Studies show that tidier and properly designed workplaces help reduce stress, increase focus, and improve efficiency. Cloud-based point of sale also presents an incredible advantage for retail industries. Robust retail POS systems can feed sales history and purchase patterns to target segmented customer preferences.

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iVend

JULY 8, 2022

Customer experience in retail is at the heart of what keeps customers coming back.Forbes reports on a study in which 90% of consumers said they are more likely to return to a retail store if they have had a positive experience. Interaction and engagement are primary drivers of customer retention, and therefore increased sales.

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365 Retail

MAY 18, 2022

In 2019, the illegal alcohol market – known as the grey or parallel market – generated sales of more than $19 billion [1]. Speaking about the solution, Flavio Musci, Sales Director Source Tagging, Checkpoint Systems said: “ To combat the growing grey market issue, retailers need solutions that deliver increased supply-chain visibility. “By

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Korona

MARCH 16, 2023

Table of contents Fair pricing strategy Impeccable customer experience Cleanliness Product placement Loyalty program Improve digital presence Local advertising Leverage thrift store POS System Fair Pricing Strategy for Your Thrift Store One of the most important aspects of running a successful thrift store is to have a fair pricing strategy.

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Korona

SEPTEMBER 7, 2022

Yet there are several strategies to improve your customer focus strategy: Meet your customers where they are. According to a study published by Statista , eCommerce retail sales – including digital services – are expected to exceed $1 trillion in the United States by 2022. Upgrade Your POS System With KORONA POS.

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Retail TouchPoints

AUGUST 17, 2020

Sometimes it takes a fresh set of eyes and efficiency work study measurement to create fresh insight on your operation and a robust business case for change. They have since designed, tested and rolled out new counters that have improved their efficiency.

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365 Retail

AUGUST 4, 2022

Staying on trend with hot new technologies can help your business stay current and boost your consumer engagement and sales. Technology is constantly evolving to improve business processes, create consumer solutions, and provide adaptable and convenient service. The COVID-19 pandemic changed how people think, live, shop, and work.

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Korona

NOVEMBER 10, 2021

According to a 2020 study by Statista , there were more than 150,000 convenience stores in the United States. The majority of them were independent stores and the overall convenience store sector in the United States had sales of 532.9 Also, a POS system protects you from fraudulent transactions. . billion U.S.

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Korona

DECEMBER 14, 2021

According to a 2020 study by Statista , there were more than 150,000 convenience stores in the United States. The majority of them were independent stores and the overall convenience store sector in the United States had sales of 532.9 Also, a POS system protects you from fraudulent transactions. . billion U.S.

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Korona

NOVEMBER 10, 2021

According to a 2020 study by Statista , there were more than 150,000 convenience stores in the United States. The majority of them were independent stores and the overall convenience store sector in the United States had sales of 532.9 Also, a POS system protects you from fraudulent transactions. . billion U.S.

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Korona

JANUARY 5, 2023

But how exactly do you go about improving your eCommerce checkout flow? What’s The Point Of Optimizing The Checkout Process? After all, studies show that customers are quick to abandon a retailer or purchase if they’re not happy with their checkout experience. . Synch Up Your eCommerce And Point Of Sale.

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Ecommerce Platforms

APRIL 5, 2019

Based in Amsterdam, Adyen is a merchant bank (aka “global payment company”) that lets companies accept point-of-sale (POS) payments, mobile payments, and eCommerce payments. Clients of Adyen payment solutions can accept money via just about any POS platform but are probably best known for being well-known.

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Smile.io

MAY 15, 2024

Shopify Plus and POS are great options for omnichannel commerce.  According to Google , a one-second site speed improvement can increase mobile conversions by 27%. Ensure you’re improving your ecommerce site speed by optimizing images, web elements, fonts, and more. have a supply chain accuracy of just 63%. 

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Retail TouchPoints

NOVEMBER 11, 2021

On the same day, Devora Rogers of market research consultancy Alter Agents shares results from the firm’s new study, including the depths of shopper “promiscuity” as customer loyalty fades and consumers constantly examine new options. Join the discussion on Nov. 17 from 3 to 3:30 p.m. NFT, cryptocurrency and metaverse reality check.

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Korona

FEBRUARY 17, 2023

These readers can also be utilized at the point of sale to count all of the items in a basket at once. In fact, some studies show that the RFID scans can raise inventory accuracy up to 95%. Enhanced Fulfillment Improved accuracy drives so much of the rest of your fulfillment process. They come either as fixed or mobile.

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Korona

NOVEMBER 2, 2021

This article will explain gross profit margin, how to calculate it, and tips to improve your gross profit margin. Here are the critical points we’ll cover in this blog? Tips to improve your profit margin. To illustrate, one study showed that the average gross profit margin was under 10% for car and truck manufacturers.

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Korona

NOVEMBER 2, 2021

This article will explain gross profit margin, how to calculate it, and tips to improve your gross profit margin. Here are the critical points we’ll cover in this blog? Tips to improve your profit margin. To illustrate, one study showed that the average gross profit margin was under 10% for car and truck manufacturers.

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Korona

FEBRUARY 16, 2021

Studies reveal that by 2023, money spent on technologies and digital-transformation-enabled services worldwide will reach $2.3 This means, as a business, you take the time to access all your practices and processes from an objective point of view. Productivity is also improved, even in the face of a pandemic.

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Korona

JUNE 29, 2022

However, they bring several key benefits that will help museums improve their operations. Pre-booking visitors via an online ticketing platform also provides museums with data that can help them improve how they serve their visitors. Airbnb: A Case Study. × Get Started with KORONA POS today! PC based POS terminals.

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Korona

JUNE 29, 2022

However, they bring several key benefits that will help museums improve their operations. Pre-booking visitors via an online ticketing platform also provides museums with data that can help them improve how they serve their visitors. Airbnb: A Case Study. × Get Started with KORONA POS today! PC based POS terminals.

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Korona

DECEMBER 27, 2021

If you are struggling to attract more customers or looking to improve the traffic to your store, this blog is for you. We will explain what foot traffic is, how to measure it, and eight proven strategies to get more foot traffic to your store and grow your sales substantially in 2022. How to Determine Foot Traffic?

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Korona

AUGUST 24, 2022

Physical Inventory Count – 8 Ways Retailers Can Improve Their Inventory Counting. A 2020 study of North American retail found that products not available on store shelves caused consumers to shop elsewhere, resulting in a loss of $71.4 Historical data from your point of sale system can help you determine this.

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Korona

AUGUST 24, 2022

Physical Inventory Count – 8 Ways Retailers Can Improve Their Inventory Counting. A 2020 study of North American retail found that products not available on store shelves caused consumers to shop elsewhere, resulting in a loss of $71.4 Historical data from your point of sale system can help you determine this.

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Retail Shipping Costs POS Supplies 52

Korona

AUGUST 30, 2022

This type of linking creates a page authority infrastructure to indicate to Google that the information you’re providing is related to and rooted in other articles and studies. KORONA POS For Dispensaries. Optimizing your searchability is a great way to increase traffic and sales for your cannabis eCommerce website and retail location.

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Korona

JUNE 23, 2022

The best ticketing system is the one that improves your customer experience, drives sales, offers insight into your performance, streamlines operations, and, in the end, supports your efforts to scale your business. Reporting tools and customer data: The first stage of improvement is knowing what needs improvement.

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ecomdash

NOVEMBER 13, 2018

This starts to make sense when we consider a RetailPerceptions study reporting that an overwhelming 71% of online shoppers prefer buying more often at stores that offer AR. Doing this will give you valuable feedback on points you need to improve while showing your customers you appreciate their business.

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RETAIL MANAGEMENT SOFTWARE

NOVEMBER 2, 2021

Invest in a high-quality mobile point-of-sale system. Contactless checkout: Use contactless payments technology with a mobile POS system to swiftly collect payments anywhere in the business and eliminate the need for customers to queue to pay for their purchases. Use Price Promotions Wisely.

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Korona

NOVEMBER 30, 2021

However, a 2019 study revealed that the franchise industry is best known for its fast-food sector. The same study revealed that 30% of those interested in opening a franchise in the United States said they were most interested in opening a quick-service franchise. Is there room for improvement in the service you offer?

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Wiser

FEBRUARY 22, 2021

Study their product assortment to see where your inventory overlaps with theirs and to look for opportunities to expand your inventory. According to a report by Software Advice, an online review site for point of sale systems, 60 percent of retailers are adopting reporting and analytics software into their POS system.

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Retail TouchPoints

MARCH 30, 2023

The webinar series, now available on demand, included case studies from retailers Sweaty Betty and SiteOne that highlighted composable commerce’s flexibility and positive impact on site performance, as well as information on how ChatGPT offers personalization capabilities at scale that had previously not been possible.

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Teamwork Retail

JULY 8, 2020

Omnichannel is by nature a limitless approach to retail, enabling a wide array of functionality and features to drive improvements in the customer experience. eCommerce solutions are closely related and easily integrated with the in-store POS solution. What are the pain points in the current retail experience?

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Korona

MAY 21, 2021

And they can integrate with your liquor store POS system , too. According to one in-depth study of liquor store operations, a well-run shop should net between 15% and 20%. Spend a lot of time improving your liquor store impulse items. When you’re ready to shop for a liquor store point of sale, give us a call at KORONA POS.

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Korona

OCTOBER 26, 2022

The latest surveys and studies in 2020 show that the average conversion rate for eCommerce sites is just 2.86%, and the average conversion rate for eCommerce sites in the U.S. With consumers constantly changing their online shopping habits, it’s more important than ever to know how to improve eCommerce conversion rates.

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