Retail Industry is going through a lot of ups and downs. It is just because of changing trends and evolving technologies which are hampering the retail business activity a lot. But after a lot of research and analyzing the market, one can easily conclude that the retail industry makeover is pivotal for businesses to sustain…
For a retailer, proper business management and business expansion always remains a major concern. Going with the flow of the changing trend of technology and provide a good customer service is heading a priority for them. Therefore, a smarter way to manage retail business becomes a major concern for them. Because everyone wants to be…
CRM stands for “Customer Relationship Management”. It is a system which manages the database of Customer in order to improve relationship with the existing customer, find new customers in the future, and attract the existing customers for a repetitive visit. To serve the purpose, the CRM software system is used to facilitate collecting, organizing, and…
Increase your retail business profitability refers to number of key features, not a single feature can do so. As for making business profitability doesn’t only involve increasing the revenue as well as decreasing your expenses and consider points to see where you can save or make money simultaneously. There are a whole lot of options…
E-Commerce has been growing leaps-and-bounds as a result becoming a threat to Retail Business. The Indian market is now filled with a variety of E-Commerce portals. E-Commerce business offers a great amount of flexibility for customers. Apart from that, introduces a number of employment opportunities as well. E-commerce business is cheaper than other forms of retail…
The Indian retail business market is highly competitive and had to face a lot to sustain into the market. A retail business not only competes with stores across town, but now through online shopping as well. It means now a business has to compete with the stores all over the globe. However, every small or big…
The retail business concept is more than a hundred years old. As, all business and brands do rely on retail store business. However, with the introduction of technology the scenario is changing rapidly. In some businesses the condition even gets worsen, that they had to go for bankruptcy. From the beginning of the 21st Century,…