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10 Must-Read Retail Blogs of 2021 From KORONA POS For Retail and Small Business Owners

Korona

The retail industry is booming like never before despite the turmoil caused by the COVID-19 pandemic. In fact, the National Retail Federation estimated that retail sales exceeded $4.44 In 2022, global retail sales are expected to reach $26.69 According to Score , small retail businesses, which account for 98.6%

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How Much Does It Cost To Open a Retail Store?

Korona

The actual costs of opening a retail store vary depending on the type of retail business you want to start, the size of the store, and, last but not least, the location. However, according to vlogger and boutique owner Alli Schultz, the initial startup costs for opening a retail store can average up to $48,000.

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How Inflation Is Affecting Retail Businesses?

Korona

If you are a retail business owner, chances are you have experienced increased prices for your products from your suppliers in the last several months. While economists and the National Retail Federation still expect U.S. While economists and the National Retail Federation still expect U.S. Table of Contents.

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Yotpo Review and Pricing: What’s It All About? Reveal Pricing and Features

Ecommerce Platforms

You can customize which conditions customers need to meet to be added to a particular segment (for instance, order value, loyalty, etc.). Then, you can offer specific rewards within each tier, such as free shipping, early access to new products, sales, or a birthday gift. every four weeks) and receive a discounted price.

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How to Turn Your Brick-and-Mortar Store into an Online Store

Ecommerce Platforms

You’ll help your customers comply with physical distancing while meeting their needs. In the long term, moving your store online keeps you in business. Lower Costs and Boost Your Delivery Speed. Determine Your Shipping Costs. Create Your Shipping and Refund Policy. Reduce Losses. Manage Buyer Surveillance.

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How Does a POS System Work? 5 Common Point of Sale Questions

Korona

Often, business owners themselves aren’t very well informed about how POS software works, even though it’s one of the most important aspects of running a successful business. . How Does a POS System Work? What is POS equipment? Understanding POS Systems: Cloud POS vs Legacy. POS Hardware.

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What Is Inventory in Retail – Everything You Need To Know As a Retail or SMB Owner

Korona

The lifeblood of a successful retail business is mainly dependent on the retailer’s ability to provide consumers with quality products in sufficient quantity from the right place at the right time. Effective inventory management helps you meet your customers’ demands and generate sales. It’s not easy.