Tagged: retail merchandising
Retail merchandise is generally categorized into four different types, or classes. Chances are, as a retailer, you specialize in one of these four classes. But you needn’t merchandise your store only with one type...
In retail, the money is made in merchandising. Without products to sell, there is no retail business. You can’t sell what you don’t have. Of course, different retail businesses approach merchandising in different ways....
Merchandising decisions directly affect your bottom line because the inventory you have determines the purchases your customers will make. For example, the strategies you use to decide which products will be replenished and when...
Every type of retail store has its own unique aspects to merchandising, customer service, etc. But there are some commonalities, as well. The following six merchandising techniques should be useful to any type of...
Online sales are predicted to grow around 9.32% annually over the next five years. This figure is cited in a recent Internet Retailer article on research predicting that online sales will reach $523 billion...
Merchandising is both an art and a science. There are retailers who can make it look easy, then there are retailers for whom it is a big cinch. It can be a lot easier...
Controlling product prices has its challenges, but it’s not as difficult as it seems. You can keep your prices at an optimal level without cutting prices and losing money. Here are 5 proven ways...
Inventory management is one of the most important aspects of running a retail chain. It could mean the difference between a profit and a loss. With that in mind, here are six ways to...
If you aren’t managing the ins and outs of your retail operations, you will likely see money seep through the floor. Profitability is directly tied to operational efficiency. This is accomplished by managing customer...
Whether you are a brick-and-mortar retail operation or strictly an e-tail company, you’ll have to figure out the most effective way to manage your Web fulfillment processes. You can try to re-invent the wheel...