by Eran Rozenfeld A higher percentage of sales are starting to result in returns. Many people order items with no intention of keeping them. Sometimes it’s a matter of short-term usage, such as buying a new suit for an event, and returning it the next morning. Other times, it’s just part of a selection process […]
management
Turn Small Business Saturday Traffic into Future Sales
by John Oechsle The holidays are just around the corner and for many small or midsized businesses (SMBs), and that means the potential for big sales. Small Business Saturday, which is held the day after Black Friday, has become a beacon, driving shoppers to seek out and support local small businesses while on the hunt […]
The Complete Guide to BOPIS: What Retailers Need to Know
by PriceSpider Buy-online, pick-up-in-store (BOPIS), also known as “click and collect,” is quickly becoming one of the most popular ways to shop. Last year, more than any previous year, more consumers bought products online and then picked them up at a local store. If your products are sold in both ecommerce and retail stores, BOPIS […]
Retailers Outside of California Still Affected by the CCPA
The starting date for the California Consumer Privacy Act (CCPA) is looming over retailers’ heads. Whether or not you think your business may be affected by it, there’s a good chance it might. Waiting until after the holiday season to comply with the act can lead to massive fines, the loss of customers, and even […]
Black Friday Cyber Security for Retailers
by Damon Culbert The retail industry is the most at risk from cyber attack, with one report from Business in the Community suggesting that 43 percent of retail businesses have the fewest cyber security measures in place. With Black Friday around the corner, the retail industry is headed into the busiest period of the year. […]
BigCommerce Offers Better Solution for CBD E-Tailers
BigCommerce, the leading open SaaS ecommerce platform for fast-growing and established brands, recently introduced a streamlined way for merchants to sell hemp and hemp-derived cannabidiol (CBD) products online. Available immediately, BigCommerce for Hemp & CBD brings together industry-leading ecommerce tools and services tailored for hemp and hemp-derived CBD commerce to provide merchants and manufacturers a […]
AI’s Role in Helping Retailers with Holiday Pricing & Promotion Strategies
by Jeff Smith In an increasingly competitive landscape, independent retailers face unique challenges. Where once their competition consisted almost solely of nearby physical stores in the same retail sector, today they face an unprecedented and fast-changing array of competitors, from online giants to specialty stores and global discounters. But there is good news as well. […]
How Distribution Can Aid in Indie Retailers’ Success
by Jerry Thomas Distribution is often an unrecognized and under-appreciated element of strategy, yet it is almost always an important factor in a winning strategy. Distribution refers to the channels, logistics and processes to move products and services from the point of manufacture, production, or creation to the ultimate end-users. When “distribution” is linked to […]
10 Things to Know Before Pricing Products
In order to price a product correctly, it’s important to consider some factors that will help determine its value properly. Here are ten things to know before pricing a product. 1. Cost of Production No company can sell a product for a price less than the cost of its production. First, calculate how much was […]
4 Ways to Appeal to a Variety of Customers
by Emma Sturgis As you know, the business of retail is a competitive one. No longer is it enough to rent a storefront, fill it with goods, put an ad in the press and wait for the traffic to roll in. In today’s retail market we need to be savvy when trying to appeal to […]
