Business

What Is a Consumer Product: Definition, Types, Examples & Marketing Considerations

In marketing, a product is anything that can be bought and sold that meets a want or need of a…

Read more

8 Retail Pricing Strategies to Maximize Profits

If you want to grow your business, a good place to start is by reviewing your retail pricing strategies. A…

Read more

Understanding the Different Types of Consumer Buying Behavior

Are you looking for ways to improve your company? You can’t do it without understanding your customers and studying different…

Read more

Introduction to the Direct Store Delivery (DSD) Model

To survive in the overly saturated retail market, every business seeks new methods to gain a competitive advantage. One of…

Read more

How to Measure Customer Loyalty

Customer loyalty is the holy grail of marketing for one simple reason - it’s much more cost-effective to boost repeat…

Read more

What is D2C (Direct-to-Consumer) Marketing in Retail?

Coming up with a great business idea is only the first step in becoming a successful brand. Knowing how to…

Read more

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…

Read more

A Beginners Guide to Point-of-Sale Advertising

One of the most difficult parts of sales is actually closing the sale. But once you’ve finally gotten a customer…

Read more

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:…

Read more

Everything About Buy Now, Pay Later for Business

If you haven't made a buy now pay later (BNPL) purchase yourself, you've probably at least heard the term. Many…

Read more