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4 Pricing Strategies To Grow Your Retail Business

RetailMinded

For consumers, price is one of the most important factors that determine whether they’ll make the purchase or not. That’s why, as a retail business, you should properly set the best price for your products. With that said, it’s safe to say that prices are more than just setting a number.

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5 Retail Marketing Strategies to Drive Sales

Creative Displays Now

Whether you’re an experienced product developer or new to the retail industry, you must know strategies for introducing customers to your products and continuing to grow revenue. What Is Retail Advertising? There are three primary types of retail marketing. Engage online with your audience.

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Preparing For Peak; Five Tips For Getting Supply Chains Fit For The Festive Season

Retail Focus

Ben Balfour, Business Operations Director at Advanced Supply Chain Group , shares top tips about how retailers can prepare their supply chains for a Black Friday and Christmas sales surge. Ben Balfour, Business Operations Director at Advanced Supply Chain Group. 1) Don’t play the waiting game. 2) Create contingencies.

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What investors want: The four e-commerce metrics that matter most

Inside Retail

In the competitive world of online retail, building an e-commerce business that stands the test of time, and has the potential to scale and attract investment, is no easy feat. Rather than feeling overwhelmed by the metrics, here are four key metrics that matter when evaluating the health of your business.

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Choosing a Distribution Model: Drop Shipping vs Traditional Inventory

Retail Bound

Welcome back, retail enthusiasts! One of the topics that consistently comes up in the retail world is the logistics of shipping. From the manufacturers to the distributors, to your retail store – there are many factors and unexpected costs to consider during the shipping process that can be often overlooked.

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How historic Japanese retailer Takashimaya is staying ahead of the times

Inside Retail

From using non-toxic paint in stores to digitising documents to avoid paper waste, more businesses are taking steps to make their physical operations more sustainable. Change always comes with a price, but change is inevitable as we need to move with the times and shift our mindsets towards longer-term goals,” the spokesperson added. “In

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Why Hommey is opening stores, expanding overseas

Inside Retail

Here, we speak with him about pivoting his business after lockdowns were lifted, diversifying his product offering and why he is about to open his first bricks-and-mortar store. Inside Retail : Can you tell me about the idea behind Hommey? Justin Kestelman founded Hommey in 2020 to fill a gap in the market for modern soft furnishings.

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