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Category Archives: Part 1: Overview/Planning
Want to Compete with Amazon? Focus More on Private Brands
To better combat showrooming, many retailers are increasing their use of private brands. Why, these brands are only available at specific retailers and not for sale at Amazon and other online behemouths. This enables the retailers to stimulate customer loyalty … Continue reading
Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Part 8: Putting It All Together
Tagged Amazon, inventory management, merchandising, opportunity, pricing, private brand, promotion, shopping
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Best Practices in Customer Service
Check out this infographic about best practices in customer service from Zendesk.
Posted in Part 1: Overview/Planning, Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 7: Communicating with the Customer
Tagged best practices, customer expectations, customer loyalty, customer service, experiential retailing, opportunity, success
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Game-Changing Innovation in Retailing
Recently, Chain Store Age published an issue with several articles related to innovation in retailing — and the need to stay ahead of the curve. As the magazine noted: “New technologies are being used in new ways; shoppers and small … Continue reading
Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Part 8: Putting It All Together, Technology in Retailing
Tagged Chain Store Age, competition, customer expectations, customer loyalty, customer service, entrepreneur, experiential retailing, innovation, opportunity, technology, tips, trends
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