One of the most influential pioneers of the retail industry was an American Businessman called Sam Walton. He founded the Wal-Mart Stores Inc. which grew to be the world’s largest corporation by revenue as well as the biggest private employer in the worlD
You’ve probably heard it said of someone, “They could sell snow to an Eskimo,” or something similar to that. But how did they get that way? Is the ability to excel at retail selling an instinctive talent that you have to be born with and can’t be learned?
Retail is undergoing an enormous transformation, leaving many asking, “What is the future of retail?” If you’ve ever asked the question; “What’s next for the retail industry?, How can I best prepare for it? What do my customers want or what should I be doing as a retailer?” then this post is for you.
If you want to own a retail business you need to understand that the retail industry is not for the faint-hearted, It can be downright hard work and often requires the right attitude to achieve success.
This is the second part of our guide to choosing the perfect POS software for your business. Check out part 1 here. Remember you need to buy a software that is meant for your type of business and industry.
Being a retailer is challenging and definitely not for the faint-hearted. It takes a lot of hard work, You probably would have faced a few rejections, unanswered calls, and even emails; but guess what?
Don’t you just dislike the idea of having to use or cope with outdated technologies or systems as a retailer in your business? Dealing with old cash registers that sometimes isn’t even capable of performing modern tasks like accepting mobile payments can be quite frustrating.
You are a retailer and you know having an inventory management system that works is one of the most important keys to the success of your business. If you’re looking for an inventory management run down, you’ve come to the right place.
“If you can’t describe your strategy in twenty minutes, simply and in plain language, you haven’t got a plan. ‘But,’ people may say, ‘I’ve got a complex strategy. It can’t be reduced to a page.’ That’s nonsense. That’s not a complex strategy. It’s a complex thought about the strategy.” Larry Bossidy once said.
At Prognostore we are all about making the complex lives of retailers much more simple and easier to manage. PrognoStore is a POS and inventory management software built by small business owners for small business.
Ever wondered what it took to be a successful retailer? I'm sure you've heard that 50% of businesses fail within their 1st year! All that money and effort and their business still failed! With that in mind, we can say that opening a retail store is no joke.
There is a difference between having an inventory management system and having a 'great' inventory management system. A great inventory management software for your business is the key to making your retail business succeed. This is why you should use the best inventory management system at your fingertips.