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‘Cash or Card?’: Why More Financing Choices Drive Consumers’ Decisions on Which Retailers to Shop

Retail TouchPoints

The customer experience is paramount to the success of today’s retailers. A recent study of more than 4,700 consumers from Bread Financial indicates payment choices — including retail store credit cards, bank branded credit cards and buy now, pay later (BNPL) — at checkout have become a major factor in pleasing shoppers and closing a sale.

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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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6 Reasons Why Modernizing Your Small Business Is So Important

Korona

So, of what importance will going modern be to your business? And what’s in store for modernized businesses? What is Small Business Modernization? Business modernization is simply reviewing old processes and making them fit into the current practices that pervade our present day-to-day business transactions.

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

Korona

We’ll walk you through how to write a return policy for a retail business and share with you some return policy templates. How to write your retail return policy? A return policy template for retail businesses. Your small business should have them, too. Table of contents. Unlimited returns.

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

Korona

We’ll walk you through how to write a return policy for a retail business and share with you some return policy templates. How to write your retail return policy? A return policy template for retail businesses. Your small business should have them, too. Table of contents. Unlimited returns.

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How to Price a Product: Strategies and Methods For Retail

Korona

By including the finance, marketing, and sales departments in the formulation of pricing, your company will achieve a more viable and thought out plan for turning a profit. For small businesses this may look like simply getting feedback and input from all of your employee roles. Pricing with Your Retail POS.

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How to Calculate Gross Profit Margin- A Guide For Retailers and SMB Owners

Korona

Let’s start by stating the obvious: the goal of any business, no matter its size, is to make a profit. And as a retailer or SMB owner, it is crucial to monitor your profit margins regularly as it allows an efficient allocation of resources. . Gross Profit Margin = (( Net Sales – Cost of Goods Sold) / Net Sales) x 100.