Inventory Management, Point Of Sale

Purchase Order: Keeping your Company Together

In handling every stage of a purchase transaction, there are many applications we can use. There are plenty of ever-evolving trends we always want to get caught up. We all have such gut to be in the trendiest development that we often forget the most important thing in the procurement realm – purchase orders. Email threads and verbal commitments are…

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Customer Management, General, How To, Inventory Management, Point Of Sale

Sales Return: Why does it Exist and How to Prevent it?

When customers return the products they buy, a company would accept it. It’s their right. They have the right to return the goods they are not satisfied. Sales return is a normal part of a business. It has always been a good practice most merchants used to provide customer satisfaction. There are different customers. The cause for product return may…

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General, Point Of Sale

10 Ways to Keep Ahead of your Competitors in Retail Marketing

No matter what type of business you operate, there is a competition. It is everywhere. Whether you like it or not, it is always there. The road to success has never been easy. There are competitors that block the way. To win over new customers become more challenging when your market isn’t the only one that stands from the crowd.…

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Customer Management, Inventory Management, Point Of Sale

What No One Tells you about Repeat Business and New Customers

Have you ever stopped to think about how you can improve your business? What technique do you use – acquiring new customers or repeat business? While the acquisition of new customers is important, it is hard to win them back if they go away. On the other hand, keeping existing shoppers is great but it is not easy to build…

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Inventory Management, Point Of Sale

How do Loyalty Points and Rewards Benefit Customers

Customers are hard to find. It is true even for old businesses. Companies have to use different techniques to keep customers coming back. Offering loyalty programs is one of them. If you have buyers that are loyal to certain brands that they love purchasing over and over again, your company has put a loyalty program into operation already. Implementing loyalty…

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Inventory Management

Managing Inventory Transfer and Balancing in Multiple Warehouses

Inventory management is all about managing items that your business holds – stocks. Your stocks are the items you sell. An effective inventory management ensures that those stocks are at the right place and price. Moving items from one warehouse to another is completely different. Managing inventory transfer and making everything balance is probably the most complex side of inventory…

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Point Of Sale

Why you should Offer Gift Cards and How to Create One that Sells

Who in the world love gift cards? Consumers do. It is the number one requested present that can motivate them to purchase more. It’s a gift that makes them happy. It’s something they prefer receiving over pretty much anything. While there are many ways to get a customer’s attention, gift card marketing is the smartest tactic to keep them coming…

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Inventory Management

Physical Inventory: The Easier Way to Carry Out

To figure out your profits, you need to perform a physical inventory. Performing physical inventories can help prevent shrinkage. Production and purchasing can also be easily managed. Doing physical counts is critical for the success of any retail industry. However, this is probably not included in your favorite list as it takes hours to count store merchandise. Some merchants may…

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