As a nation we love to shop. The retail industry thrives all year long with constant fashion trends updating, the latest beauty hack or the need for an freshen up on furniture. We even dedicate whole days just to shop, travelling miles to explore a new shopping centre full of different products. It is these shopping centres and cities that hold the biggest strain on customer service.
In an economy where personalized marketing is becoming increasingly important, beacons may be the breakthrough brick-and-mortar retailers need. Thirty-eight percent of companies plan to add beacon marketing technology over the next three years, a 224 percent increase from previous projections, according to a Boston Retail Partners report.
In order to ensure your specialist clothing store will be a success, you need to market it to the masses, just as you would need to market any other type of business. But the world of retail is quite different from other industries, so you may face challenges that you were not fully prepared for. If you run your own retail clothing shop, keep reading to learn a few helpful tips on how you can successfully market it and garner new attention from customers.
We all know about wedding season – the period through spring and summer when most people plan their weddings due to the nicer weather – but did you know that in retail terms there is also an 'engagement season'? In fact, there is. Nobody knows exactly when it became a term, but people began to notice that most engagements took place in the period between Thanksgiving and Valentine's Day, so this is now, in retail terms, the time when engagement rings are pushed.
Of course, people can get engaged at any time of year, and there is an expectation that people simply wait until 'the time is right' to propose, so why is engagement season a thing?
The retail sector is often misunderstood, as many people believe that it is a cut-throat and competitive business where everyone is competing for the top level sales position. But in reality, retail is one of the biggest industries practiced in team morale. Team work is a vital attribute to the success of everyone in the company, without a cohesive team, the entire stack of cards can come tumbling down. If you are a manager or team leader in a retail establishment, brick-and-mortar or online, it is important that you understand the importance of building a team.
Developers at IBM Research have for the first time demonstrated the ability to store 3 bits per cell by leveraging advancements in a new type of memory technology called phase-change memory (PCM). This breakthrough means that PCM could become the dominant chip type in the near future, replacing the current best sellers at leading memory outlets like Offtek. Surprisingly, the team at IBM didn't just prove that 3 bits per cell is possible, they also tested the chip under high temperatures and found that it still ran reliably even after millions of write cycles.
Most business owners and directors know they need some sort of security, whether it is remote CCTV monitoring or onsite security guards around the clock. The problem is, for some businesses, based on where they are located and the type of work they do, the big question is what type of security would best meet their needs? If you are on the fence trying to decide which type of security would offer the protection you need, there are a few main points to consider.
Have you ever stopped to wonder what company directors and business owners from the latter part of the 20th Century would have thought if they could have been transported forward in time to the world as it is today?
A business that invests in its employees has a much greater chance of succeeding than an organization that neglects its workers. The world’s leading business owners and decision makers realize how important this is and spend a huge amount of time and resources on this activity. Below are some of the obvious benefits for retailers who train their staff members properly.
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