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10 Tips For Successfully Opening And Managing Your Retail Store

Strategy Driven

So, here are a few tips to help you open and manage your retail store in this ever-changing economy: 1. Display Your Goods Remember the ABCs of merchandising, i.e., attractive, branded, and captivating. Use Technology Automation has infiltrated every aspect of business, and retail sales aren’t an exception.

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Marketing Tips for Start-Ups

Strategy Driven

If you’re new to marketing and are keen to put this into action, check out the tips below. Whether it’s pens and notebooks or stickers and t-shirts, applying your brand across merchandise and distributing these at events can be one of the most effective ways to get your name out there. Find Your Niche. Use Social Media. Host a Contest.

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What Do You Need When Opening a Retail Unit?

Strategy Driven

Technology. A retail unit is going to need many more different pieces of technology to be able to run smoothly. Even if you have what appears to be a very traditional store on the outside, you can still make use of technology in a few key places to help you manage the business more efficiently.

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Planning an epic launch of your product- 7 steps to get it right

Strategy Driven

Pro tip – type in site fencing hire on Google to find and book reliable services to secure your product launch event. In the era of technology, it is pivotal to create a social media presence to reach out and circulate the message to the masses. Pick a date. Organizing events requires a lot of planning and time.

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9 Recession Proof Stocks to Invest in When the Economy is Down

Strategy Driven

Other stocks that do well in recession include liquor companies, companies that sell cheap merchandise, liquor companies and gambling companies. Visa is good at leveraging technology to maintain its market share despite threats from newer companies. For more investment tips read the rest of our blog.

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8 Ways Brands Can Fight Counterfeits in China

Harvard Business Review

Fake merchandise accounted for 12.5% They sell counterfeits on e-commerce and social media platforms that do not check whether vendors and merchandise are kosher or (if they do) can be fooled by falsified documents. Luxury brands can work proactively here by tipping off the police and e-commerce firms to counterfeiters.

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Retail Success is About Who's Working When

Harvard Business Review

Saving sales by pointing to merchandise locations is just one of the ways that store employees facilitate the sales process and perform a very important role. Given today's technology available for data acquisition as well as new developments in analytics, it is possible to do much better than this.

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