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10 Tips For Successfully Opening And Managing Your Retail Store

Strategy Driven

You can see that America had 442,000+ retail stores back in 2019, and these numbers are bound to increase. So, here are a few tips to help you open and manage your retail store in this ever-changing economy: 1. So, know your audience before selling to them. The success of a retail store boils down to a positive experience.

Retail 102
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Five Foundational Truths of Youth Marketing (and Leadership)

Leading Blog

The HRC Retail Advisory forecasts this generation to drive 40% of all US consumer spending, and yet it is one of the most challenging generational cohorts for brands to reach. It is an important and comprehensive book for marketers, but there are some principles they share that have a much wider application, that I wanted to share.

Marketing 260
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The Role of Personalization in Consumer Engagement

Strategy Driven

Rather than offering a one-size-fits-all approach, companies use data and technology to better understand their customers and deliver more relevant, personalized interactions. Why Personalization Matters Increased Relevance: Personalized marketing makes consumers feel understood. There’s no marketing like word-of-mouth marketing.

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Become a Brand Renegade

Leading Blog

We updated health and safety procedures, employed technology to streamline billing and appointment scheduling, digitized our designs, added retail elements, and provided respectable wages for our artists and employees to let them know their importance to the business. Use them to generate value within your brand.

Brand 289
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How to grow sales on a downsized marketing budget

Strategy Driven

Businesses are often quick to slash marketing budgets in times of disruption, and the response to the recent economic upheaval has been no different. Global ad spend is predicted to fall by nearly $50 billion in 2020, with major organizations like Google cutting marketing budgets in half for the rest of the year.

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The Rise of Alternative Online Businesses

Strategy Driven

Dropshipping and affiliate marketing. If you do not have the space to store stock but are interested in retail, a dropshipping business could be perfect. With affiliate marketing you create websites, posts on social media, and other digital marketing campaigns which promote another brand’s products or service.

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4 Business Skills to Improve in 2019

Strategy Driven

Technology. It seems that there is no faster moving industry than that of technology. The same applies for the technology required for businesses. Retail businesses must understand that their point-of-sale (POS) systems will constantly need to be compatible with mobile payment systems, like Apple Pay and Google Pay.

Skills 63