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How Youtime, Endota and JSHealth are shaking up the wellness sector

Inside Retail

Inside Retail : How would you describe Youtime? It’s quite hard to create immersive spaces online, particularly if you’re in retail, but we just want to create an environment where people want to come and be there. The wellness industry is booming and the pandemic only served to speed up its growth. Steve Terry, founder of Youtime.

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How Youtime, Endota and JSHealth are shaking up the wellness sector

Inside Retail

Inside Retail : How would you describe Youtime? It’s quite hard to create immersive spaces online, particularly if you’re in retail, but we just want to create an environment where people want to come and be there. The wellness industry is booming and the pandemic only served to speed up its growth. Steve Terry, founder of Youtime.

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Avoiding Stockouts: 5 Preventable Causes of Out-of-Stocks and What to Do About Them

Retail Times

Stockouts almost always make it to the “worst nightmare” lists of retailers, and for good reason. Not only do they lead to lost sales, but out-of-stocks also result in reduced customer satisfaction and lower loyalty levels. Not ready for a full retail management solution? Inaccurate data. Integrate your platforms. Vend Tip.

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Common Mistakes New Companies Make When Managing Customer Service In-House

Retail Bound

Although the needs of each customer can widely vary, there are a few common mistakes we see when a new company gets going. Let’s examine a few ways in which customer service can either secure new and returning business or ensure a customer never shops with you again. It doesn’t sound like a great experience, right?

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7 Costly Mistakes to Avoid in Retail

Compliantia

The retail industry has always been competitive, but the last few years have been more challenging than ever. All the while, retail profit margins are shrinking. According to data from CSI Market , the specialty retail sector’s profit margins sat at 35.55% in the first quarter of 2021, down from 36.01% in the previous quarter. .

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Supplier Relationship Management: 10 Ways to Build Strong Bonds with Vendors

Retail Times

Building and maintaining great supplier relationships is a must if you want to stay competitive in retail. Let’s get started. In retail, this typically involves dealing with your manufacturers, wholesalers, fulfillment partners, and other contractors. What is supplier relationship management? On finding the right suppliers.

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How to Implement “Ship From Store” Services in Your Retail Business

Retail Times

Industry data shows that 1 in 10 shoppers will stop buying from a retailer because of slow delivery and only 46% of consumers are happy with how long it takes for orders to arrive. So, how you, as a retailer keep up? Offering ship from store services can help retailers stay competitive amidst the rise of online shopping.