Turn Shopping Habits into Profits
Have you ever studied how customers shop in your store? Observing your customers’ shopping habits may reveal some areas where you can maximize your profits with a few simple changes to your store’s operations. Shoppers who anticipate long wait times buy less Researchers at Duke University recently studied how waiting in line affected buying behavior […]
Simple Tips for Managing Growth
According to the National Retail Federation, the retail industry added 43,600 jobs in August. Forbes reports that consumers are spending again, mainly in categories like cars, housing, e-commerce, appliances and home projects. This presents a guarded but optimistic outlook for growth for the upcoming season. How will you manage that growth once it comes your […]
Beyond Brick and Mortar: Are You Losing Customers to Online Stores?
E-commerce. The word strikes fear in the heart of many brick-and-mortar store owners. The statistics can be concerning. In 2011, internet marketing experts reported that 78% of Internet users conduct product research online and 40% of US smart phone users compare prices on their mobile device while shopping in-store. Shoppers often use local stores as […]
