In the business industry, diversification is an important step that some entrepreneurs believe it necessary to be taken. Diversification basically means to branch out into different product [...]
Running a business is no easy task; you’ve got a lot more than just setting up shop to worry about. Sales, inventory, marketing, employee management – the list practically goes on and on. [...]
The business world has seen some truly dynamic times; from depending entirely on manual labor, to moving towards machinery, and then finally entering the technology realm – to say that it [...]
In the bigger picture, we often assume that customers want nothing more than their products coming at them cheap and fast. Though it’s logical, it’s also far from the truth. In reality, customers [...]
In a world as dynamic as ours, simple brick-and-mortar retailers are finding it hard to survive. With consumers wanting nothing short of fast transactions and easy yet exciting customer journeys, [...]
After you’ve conducted surveys for all your customers to complete, and have received all results, you’re left asking one question: now what? The answer to that lies in your acquisition strategy. [...]
Running a business is no easy task. It requires a lot of energy, investment – and of course, time. Small business owners know all too well the true power of time; how it can be both an [...]
We all have read the headlines by now: with the sudden growth of online shops, retail stores just may be on the brink of dying out – kind of like a retail apocalypse. But first, let’s [...]
Systems or technologies that have grown outdated – or “old” – in terms of their functionality are commonly called “legacy systems”. A lot of people like playing it safe and depending [...]
The tablet-based point-of-sale (POS) is notoriously known for its double standards – some people think it’s the best thing a business can use, while others don’t have such positive [...]
