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Topic: retail

How Multichannel Retailing Can Help You

Consumers are now shopping in more ways than ever, and they respond well to having the option to shop on multiple platforms, a trend that hasn’t escaped retailers. In this article, we explain what multichannel retailing is and how it can help you boost sales. What is multichannel retailing? Multichannel retailing is a selling strategy [&helli ... Read More

  July 12, 2018     

World Wide Web Wednesday #40

Whether you need some lunch time reads or something to get you past hump day, we’ve curated five links you’ll enjoy! Indicators of Wealth How will you know if you’re rich? Economists at the University of Chicago recently published a paper that examined the best indicators of wealth over the last few decades. In the […] ... Read More

  July 11, 2018     

B2B Retailers versus B2C Retailers: What’s the Difference?

You may have come across two terms which are often confused – Business-to-Business (B2B) retail and Business-to-Consumer (B2C) retail. In this article, we outline the key features of each model so that you know the differences between the two. The Basics The B2C model is possibly the business model most widely understood by the general [&hell ... Read More

  July 7, 2018     

Emerging eCommerce Trends in Australia

The Asia-Pacific region has seen an online boom over the past decade, particularly in eCommerce. This part of the world has the largest online market globally and high levels of growth in the Australian eCommerce market have had a lot to do with this. With global eCommerce sales set to reach $4.5 trillion by 2021, […] ... Read More

  July 6, 2018     

3 Inventory Management Best Practices E-Tailers Shouldn’t Ignore

Having sound inventory management practices is crucial to any online business that deals with goods. Tracking, measuring and forecasting inventory stock should be a primary focus. It can be challenging to fulfill orders on time if your inventory stock is disorganised or difficult to track, which can result in lost profits. Having too little of [&he ... Read More

  July 6, 2018     

World Wide Web Wednesday #39

Whether you need some lunch time reads or something to get you past hump day, we’ve curated five links you’ll enjoy! 5 eCommerce Myths Debunked Will malls really be wiped out by online stores? While the force of online retail is undeniable, here are five things many often get wrong about eCommerce. Amazon tidying up […] ... Read More

  July 4, 2018     

Why Inventory Management is Important for eCommerce

Inventory management is how a company keeps track of their inventory. It allows them to plan and determine how much inventory stock they should have on hand at any given time. With integrative platforms and shifts in technology, online inventory management has become more commonplace. Using Online Inventory Management With online inventory manageme ... Read More

  July 4, 2018     

How To Select the Right eCommerce Platform

eCommerce is undeniably gaining more traction with every passing year; brick-and-mortar stores are struggling to keep up. eCommerce is a powerful platform that can yield large benefits for online merchants. eCommerce sales have reached over $1.5 trillion and is projected to grow. If you are looking to join the eCommerce world it’s important to fi ... Read More

  July 3, 2018     

The Current State of e-Commerce in the US

e-Commerce has taken the world by storm in recent years, with an ever-increasing amount of American businesses adopting e-commerce platforms to pitch and sell their products. While physical stores are still common, online retail stores are proliferating the retail landscape and American consumers are turning to online shopping. In fact, current ret ... Read More

  July 3, 2018     

What e-Commerce Trends Australian Businesses Need to Know

Global e-commerce, surging from high to high, continues to outpace most Australian businesses. Intelligent online inventory management is the trick to help ensure your business is a success and taps into the benefits of the next decade. Get online and take orders Australians firms typically have a low online presence compared to online peers in [&h ... Read More

  June 30, 2018     

Combining Digital with Brick-and-Mortar Stores

The shopping habits of consumers has changed significantly over the past 10 years and will continue to change over the next decade too. The use of smart phones and the radical increase of online stores has been an industry game changer for traditional brick-and-mortar retail stores. With the ability to purchase at the buyer’s convenience [&he ... Read More

  June 29, 2018     

World Wide Web Wednesday #38

Whether you need some lunch time reads or something to get you past hump day, we’ve curated five links you’ll enjoy! Alexa, order room service Keep an eye out for an Alexa speaker the next time you’re on vacation! Amazon recently announced it has developed a version of Alexa for hotels, called “Alexa for Hospitality”. […] ... Read More

  June 27, 2018     

Multi-Channel Retailing: A Quick Guide for SMEs

As traditional retail channels dwindle in popularity, more businesses are turning to multi-channel retailing to provide an extra income stream and keep business ticking over. If you're interested in knowing more about diversified retail, this guide is for you. Multi-channel retailing As with any business term, multi-channel means different thin ... Read More

  June 27, 2018     

4 Tips for Managing Seasonality in Retail

Managing a successful business can be daunting at the best of times, let alone when you throw in seasonality and reduced income in the off months. This can create issues around staffing, warehousing, inventory and cash flow to name a few. But, it is indeed possible to excel at a seasonal business with the right […] ... Read More

  June 26, 2018     

Managing Inventory Stock for Seasonal Businesses

When we talk about the actions retailers should take in the summer, we are really talking about what should occur when the business is in its low-peak months. For the Northern Hemisphere, this is in the summer when people are out and about enjoying the sun with the festive season still months away. For the […] ... Read More

  June 26, 2018     

Inventory Mastery: Where Should Online Businesses Start?

With consumers demanding quicker turnover and a larger product range, the online retail industry has to keep up with much more complex customer needs than a decade ago. Managing inventory well is essential for reaching customer expectations; let’s look at some easily achievable ways to get closer to best practice inventory management. Keeping dat ... Read More

  June 26, 2018     

UK E-commerce Needs to Prepare for the M-commerce Movement

Ranked by the World Bank as the 9th richest country per capita, the United Kingdom (UK) is home to 65.64 million people. Of this population, there are currently 45.36 million e-commerce users, and this figure is expected to increase with an additional 4.06 million consumers shopping online during the next four years. A significant amount […] ... Read More

  June 25, 2018     

Inventory Management Tips for E-tailers

Inventory management has long been something retailers worry about. However, it is not just brick-and-mortar stores who must have their inventory in check. Likewise, it’s not something that keeps business owners up at night because with the right support and inventory management software, inventory control and a tidy warehouse are very achiev ... Read More

  June 23, 2018     

Inventory Management for Your E-commerce Business

To create or maintain a sustainable e-commerce business, entrepreneurs need to have a strong understanding of the complexities of inventory control. To avoid overstocking or stockouts they should have some idea of the demand fluctuations specific to their business and know the time it takes to replace inventory stock. Automate To build a scalable e ... Read More

  June 22, 2018     

The 7 P’s of E-commerce Software

Delving into the e-commerce world is an exciting adventure albeit somewhat daunting. You need a ‘shopfront’ – somewhere you can show off your wares to customers. Here we review some points to consider when choosing your cloud-based e-commerce software. Price The price of the product you are signing up for is obviously extremely important, ... Read More

  June 22, 2018     

4 Top Tips to Selecting E-Commerce Software

Selecting best-in-class e-commerce software for your business can be a daunting task. There are many factors to be considered, such as pricing, plugin support, SEO capability, mobile suitability and customer support. Here are four top tips to help you evaluate your options. List out business requirements As tempting as it is to begin searching imme ... Read More

  June 21, 2018     

3 Emerging Trends in UK E-Commerce

The UK retail landscape is changing rapidly. Consumer spending is decreasing, competition is increasing between businesses, and people are turning to e-commerce at an unprecedented rate. This has resulted in an increasingly complex retail environment for online retailers whilst complicating logistics, pricing and overarching strategy for e-commerce ... Read More

  June 21, 2018