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How Do You Successfully Manage a Small Business?

Korona

Managing a successful small business takes many aspects into account. In addition to knowing the basics of small business, you also need to know about financial management, human resource management, technology, inventory, and the laws and regulations pertaining to your business. Focus on your customers.

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How to Price a Product: Strategies and Methods For Retail

Korona

By including the finance, marketing, and sales departments in the formulation of pricing, your company will achieve a more viable and thought out plan for turning a profit. For small businesses this may look like simply getting feedback and input from all of your employee roles. Pricing with Your Retail POS. Liquor Store.

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How to Recession-Proof Your Online Retail Business Without Raising Prices

Korona

It is, therefore, essential that business owners and leaders prepare their organizations to survive (and hopefully even thrive) in the next recession, whenever it comes. Below are some concrete ideas for protecting your retail business from the recession without raising prices. Table of Contents. Boost your income streams.

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How Can Liquor Stores Build Customer Loyalty?

Korona

Building more organic word-of-mouth marketing and referral business is a great way to grow your sales. According to a recent Chase Design study, up to 90% of consumers prefer to buy their liquor in-store. Hosting in-store promotions that invite your loyal customers to interact with you will help you get to know them better.

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How Can Liquor Stores Build Customer Loyalty?

Korona

Building more organic word-of-mouth marketing and referral business is a great way to grow your sales. According to a recent Chase Design study, up to 90% of consumers prefer to buy their liquor in-store. Hosting in-store promotions that invite your loyal customers to interact with you will help you get to know them better.

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How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

Last month marked the ninth month in a row of total retail sales growth as the world recovers from a pandemic that led to total retail sales declining 10.5% Total retail sales were up 11% year-over-year this June, a 10.4% of all retail sales ( eMarketer ). of all US retail ecommerce sales.

eCommerce 197
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How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2021]

ROI Revolution

In fact, online sales have reached $109 billion so far – a significant increase from the $90 billion we were at this time last year. Retail sales as a whole still saw significant yearly growth on Black Friday according to data from Mastercard SpendingPulse. US retail ecommerce revenue was just $285.9 growth this year.

eCommerce 148