Business Setup and Management

What Is Cross Merchandising and How to Get It Right?

Marketing pioneer and visionary Morris Hite said: “Advertising moves people toward goods; merchandising moves goods toward people.” Cross merchandising is…

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7 Reasons Why Your Business Loses Customers

All businesses lose customers. According to Profitwell.com, this average customer retention rate by industry is: Retail: 63%Banking: 75%Telecom: 78%IT services:…

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How to Calculate Fixed and Variable Costs

When running a business, there are two types of costs: fixed costs and variable costs. Any alteration in the fixed…

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New Hire Orientation Checklist for Business Owners

You’ve just hired a qualified candidate — someone you think is perfect for the job. Now, you’re tasked with training…

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How to Motivate Retail Employees

First-line employees in the retail industry are the first to communicate with customers. The responsibility of leaving a good first…

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The Ultimate Guide to Pricing Policy

Price is often the determining factor in whether or not a consumer will make a purchase. It is one of…

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10 Effective Strategies for Organizing a Small Warehouse

The key to a successful business is having an organized setup. That’s never more true than in the warehouse, the…

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8 Ways to Make Your Retail Business Eco-Friendly While Saving Money

Thirty percent of Earth’s total waste comes from the United States, and 20.4% of that waste is made up of…

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Best Jobs for Seniors

Working past the traditional retirement age is more common than ever. According to the 2019 Census, almost 26% of the American…

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