In this very competitive market, your store name of choice can make you memorable or forgettable to customers, so it is important to strategize and put your best effort into it. To help you get started, we found out what experts have to say about the best practices for picking store names. Here are the…
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What Is The LIFO Inventory Method? Last In, First Out Explained
Last In First Out, also known as the LIFO inventory method, is one of five different ways to value inventory. LIFO assumes that the most recent items purchased (the newest items) are sold first. LIFO is best for businesses that sell non-perishable products that do not require refrigeration and generally have a longer shelf life….
What Is The FIFO Inventory Method? First In, First Out Explained
First in First out, also known as the FIFO inventory method, is one of five different ways to value inventory. FIFO assumes that the oldest items purchased are sold first. FIFO is best for businesses that sell perishable food/drink items or products that have an expiration date like certain medications. Keeping careful track of perishable…
Top 15 Dropshipping Tips & Ideas From The Pros
If dropshipping is new to you, don’t worry because you’re not alone. It’s a relatively new concept that lets business owners purchase items from a wholesaler and ship them directly to the customer. This method eliminates the need for a physical storefront and bulk inventory purchases. Here are the top 15 dropshipping tips from the…
15 Customer Loyalty Program Ideas to Keep Customers Happy 2017
With so many options available in physical stores and online, keeping customers loyal to your brand is no easy task. For small businesses in particular, it may seem difficult to keep customers coming back without spending a fortune on marketing. Here are the 17 best customer loyalty program ideas to keep customers happy and business…
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Best Asset Management Software 2017: Freshservice vs Asset Panda vs Samanage
Asset management software eases the task of inventorying and tracking your business’ physical assets. It can be offered as a standalone product or as a feature that’s bundled in with helpdesk software to provide a more complete solution. We looked at the most popular options and rising stars and decided to review Asset Panda, Freshservice,…
Best Business Security Systems: SimpliSafe vs. ADT
When choosing a security system for your small business, you have two main options: you can self-install a wireless system or hire a professional to install a hardwired one. In this guide, we will compare the two options using SimpliSafe and ADT as examples of each – two trusted brands that best represent the two…
How To Sell On Walmart: Get Set Up On The Walmart Marketplace In 5 Steps
Walmart has built a vast and varied marketplace to rival Amazon and has been accepting third-party ecommerce sellers since 2016. This guide walks you through selling on Walmart each step of the way, from application to set up to launch. A word of caution. Because Walmart doesn’t offer an in-house order fulfillment program, you can…
The Best Retail Blogs of 2017: 26 Must-Reads for Retailers
Retailers need to have both online and offline strategies in place to market their business in a continuously evolving industry. If you’re a retail business owner who’s in need of inspiration and creative new ideas to engage your customers or improve your operations, check out our round-up of the best retail blogs of 2017. We’ve…
Top 25 Retail Marketing Ideas From the Pros
If you are running a retail business — whether brick and mortar or online — there are basic principles you need to adhere to in order to drive traffic and turn sales. Having an effective retail marketing strategy is key to the success of every retail operation. Here are 25 proven retail marketing ideas from…
What is a Kiosk? – Definition, Examples, and More
Definition A kiosk is a small, stand-alone booth typically placed in high-traffic areas for business purposes. It typically provides information and applications on education, commerce, entertainment, and a variety of other topics. Kiosks are popular due to the number of advantages they provide. 3 Common Types Of Kiosk Machines 1. Touch Screen Kiosks This is…
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Coupon Advertising: The Ultimate Guide For Small Businesses
Coupon advertising has been a staple for businesses for a very long time. These days it has evolved into more than just cutting along dotted lines in newspapers and magazines, yet it remains an indispensable tool to attract customers and create a real “buzz” for your marketing campaign. Offering a fixed percentage or discount when…
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