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Tag Archives: entrepreneur
Daily Deal Promotions Not Working for Small Retailers
As we’ve written about before, daily deal sites such as Groupon and LivingSocial often do not achieve the intended results for retailers — namely, to offer a deeply-discounted deal through a Web site coupon that gets people to visit a … Continue reading
Posted in Online Retailing, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Social Media and Retailing
Tagged competition, customer expectations, daily deal, entrepreneur, experiential retailing, financial performance, Groupon, LivingSocial, merchandising, multichannel, online shopping, promotion, social media, trends
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For Small Retailers, Location Can Build A Customer Base
Location planning is important for store-based retailers — especially for independents and entrepreneurs starting out. This is illustrated in the video below.
A Free Guide to Starting Your Own Business
The Small Business Administration offers a free 30-minute tutorial (course) for new entrepreneurs. It has both audio and slide-show components. At the end of the tutorial, a participant can get a certificate of completion from the SBA!! Click the logo … Continue reading
Posted in Online Retailing, Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 4: Store Location Planning, 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 entrepreneur, opportunity, planning, Small Business Administration, strategy, success, tips
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