As a small business owner in the e-commerce or brick-and-mortar retail sector, a substantial part of your success will depend on your ability to assimilate industry trends and adapt to changes in the market. To understand why you should stay on top of financial and market trends, consider the diametrically opposed fates of Sears and […]
Retail
Apply These 5 Retail Interior Design Trends Now to Wow Your Customers
Retail design trends are constantly changing. E-commerce has completely altered the face of retail and consumers are demanding more from brick and mortar shops. Since consumers can sit in front of their computer or browse their smartphone from the comfort of their homes for the same products they can buy in the store, they expect […]
5 Variables That Affect Retail Business Success
Anyone who has ever run a retail business knows that it can feel a little (or a lot) like a roller coaster. There are so many different factors that go into overall success of a retail business—and many of them aren’t directly under the business owner’s control. Still, knowing the cause of a disappointing (or […]
3 Big Risks for E-tailers in 2019 + How to Handle Them
Each day, the world of ecommerce grows thicker with competition—making it an increasingly risky landscape for entrepreneurs to navigate. Yet the competitive nature of internet retail is only one risk facing prospective owners (and veteran ones) as we move closer to the end of 2018. If you want to avoid the blunders of highly visible […]
The 5 Most Important Shop Fittings for Small Businesses
As a small business owner, you have a significant number of challenges to meet, particularly when it comes to planning and laying out your storefront. You need to make sure that there’s adequate room for customers to walk and browse. You need to meet requirements where disability access is concerned. You also need to display […]
The Pros and Cons of eCommerce
It is 2018 and shopping has now become synonymous with online retail as much as with physical stores. New businesses are faced with the challenge of deciding which route they should take, and existing ones are trying to weigh up the benefits of shifting into the alternative. The brick-and-mortar store might seem like it is […]
How Touch Screens Can Benefit Retail Environments
Advancements in technology over recent years have meant that the retail industry has blossomed, providing consumers with more ways to purchase products than ever before. However, following a surge in technology, including purchasing through phones and tablets, overall sales in physical retail stores has dropped, with online sales continuously rising. With this in mind, the […]
Is the Robot Revolution Coming to Retail Next?
The robots are coming! Well, they’re already here, and have been for a while. The manufacturing industry has seen seismic shifts in productivity and in its labor force since the introduction of automation, and is poised for a great deal more disruption. However, sectors like manufacturing, warehousing, and aviation aren’t the only ones which robots […]
5 Important Variables That Affect Retail Business Success
Anyone who has ever run a retail business knows that it can feel a little (or a lot) like a roller coaster. There are so many different factors that go into overall success of a retail business—and many of them aren’t directly under the business owner’s control. Still knowing the cause of a disappointing (or […]
7 Ways to Survive the Retail Customer Shift to Online
In my role as advisor to small businesses, I often hear first-hand the challenges and failures of retail store owners who fear the advantages of online and feel the exodus to eCommerce, led by Amazon and Ebay. Ironically, the most common desire I hear from entrepreneurs selling wholly online, is the need for their entry […]
