A niche website focuses on a narrow topic or set of interests that appeals to a relatively small group. You can create a money-making niche website by targeting a tight set of keywords that appeal to a specific audience. Even first-time entrepreneurs can build a niche site on a shoestring budget in seven simple steps….
All Retail Articles - Page 16
6 Best Spa POS System 2019
A spa point-of-sale (POS) system manages client transactions, sales data, and tracks customer information just like any other POS system would. A spa POS also has spa-specific features like appointment scheduling, online booking, and client-facing account management tools. The best spa POS systems include all of these features and start at under $100 per month….
How to Find & Sell Private Label Products
Private label products are goods made by a manufacturer that are then sold under a retailer’s brand name. For businesses that want to learn how to private label products, the process is very similar to regular product sourcing. You’ll need to find products to sell, build a collection, and market them to customers. Here’s how…
What Is Order Fulfillment? Processes & Strategies for 2019
Order fulfillment is the process of storing goods, packing orders, and shipping products to buyers. In a broad sense, order fulfillment is everything that happens after a customer places an order up to the moment they receive that order. Businesses can handle fulfillment in-house, outsource to fulfillment partners, drop ship, or combine methods. For many…
6 Best Restaurant Inventory Management Software 2019
Restaurant inventory management software systems are computer programs for foodservice businesses with full commercial kitchens. These systems help manage ingredient stock levels, purchase orders, recipes, and menu costs. The best restaurant inventory management software systems sync with or are built into POS systems and can cost between $50 and $100 per register, per month. Top…
6 Best Online Credit Card Processing Companies for Small Business
Online credit card processing companies allow you to accept payments on your website. The standard rate is 2.9%, plus 30 cents per transaction, but some offer lower rates. We considered a variety of online payment processing options and compared cost, point-of-sale (POS) features, and more to find the top six, and the best overall. Top…
Best Freight Brokers for Small Businesses 2019
A freight broker taps into a huge network of freight carriers to find you the best rate for your freight shipments. We looked at popular options FreightPros, uShip, and Redhawk Global to determine the best freight brokers by examining customer service, small business accessibility, price, and ease of use. claims our top spot for consistently…
How to Calculate & Increase Your Customer Retention Rate
Customer retention is the ability of a business to keep its current customers. Customer retention rates are measured by looking at how many customers are lost over a specific period of time. Customer retention is important because higher retention rates are an indicator of customer satisfaction, which typically leads to better sales. Having the right…
Restaurant Profit Margin: Definition and Tips to Improve It
Restaurant profit margin is the percentage of annual sales revenue a business has left over after subtracting all expenses, including utilities, lease or mortgage, payroll, taxes, and insurance, from gross revenue. To determine gross revenue, subtract costs of goods sold (COGS) from total sales. Average profit margins for restaurants are typically between 3% to 6%….
How to Get a Freight Quote: The Ultimate Guide
There’s more to getting a freight quote than entering your shipment’s size and weight into a freight carrier’s website. An accurate freight quote depends on many variables. If you get these wrong, your final charge could be far more than your original quote. It’s easy get to surprise bills and charges if you aren’t careful….
21 Insightful Construction & Construction Industry Statistics
If you’ve lived in a Midwestern state, you’ve probably heard the saying, “Here, we have only two seasons: winter and construction.” Although it’s an overstatement for humor’s sake, it’s true that there’s always something under construction. Let’s look at what’s going on in this industry with these construction statistics and trends. 1. Construction is 14.7%…
The Ultimate Guide to Credit Card Machines in 2019
A credit card machine is a device used to process in-person payments with a credit or debit card. It can be handheld and corded, portable, or attached to a point-of-sale terminal with a countertop cash register. Depending on the type of credit card terminal you choose, the cost ranges from $0 to $1,200. How a…