Remove Management Remove Outdoor Remove POS Remove Shipping Costs
article thumbnail

Retail’s Best Gift Ever? Zero-Party Data

Retail TouchPoints

Now, combine those insights with first-party POS data (information consumers provide at checkout), and the combination of data assembles the puzzle of who your customers are in an incredibly illuminating way. Zero-party data is best used when it helps to identify a key audience that would otherwise be too hard/expensive to find.

Gifts 249
article thumbnail

How To Offer Free Holiday Shipping: 10 Ways To Get More Customers To Your Store

Korona

And especially during the holiday season, free shipping is undoubtedly a great hook to convert visitors into customers. Rising prices and lack of availability impact everything from groceries to clothing. While offering free shipping to your customers may be difficult, let’s go over all the benefits of free shipping.

Insiders

Sign Up for our Newsletter

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

article thumbnail

A KORONA POS Customer Story: Truro Vineyards

Korona

On the management end of things, you need to be able to meet customer needs while keeping track of back-end operations to assess the cost-effectiveness of your business. Our customer’s family-owned business, Truro Vineyards in Cape Cod, is a beautiful winery that has truly benefited from using KORONA POS software.

POS 52
article thumbnail

Wholesale vs. Retail: Meaning, Differences, & Profitability

Korona

They’re dependent on each other but have different ways of operating and management. Additionally, the price you pay for inventory affects the prices you set for customers and therefore your profit margins. How to handle inventory management in wholesale and retail. Other differences between wholesale and retail.

article thumbnail

Wholesale vs. Retail: Meaning, Differences, & Where to Start Copy

Korona

They’re dependent on each other but have different ways of operating and management. Additionally, the price you pay for inventory affects the prices you set for customers and therefore your profit margins. How to handle inventory management in wholesale and retail. Other differences between wholesale and retail.

article thumbnail

How to Recession-Proof Your Online Retail Business Without Raising Prices

Korona

When experts predict a recession, you’ll likely need to change some of your company’s management directives to stay as close to profitable as possible. These actions may include cutting back on hiring, being more cautious with spending, or raising your prices. . Table of Contents. Prioritize loyalty and lifetime value.

article thumbnail

Return Policy Template For a Retail Business: A Guide For Retail Business Owners

Korona

For example, REI is an outdoor retailer with a well-known unlimited return policy. The most common conditions of conditional return policies include that the item must still be unopened, have attached tags, include the receipt, be unused, and/or purchased at full price. . Returnless refund. Physical store.