Category: Retail

Discovering innovative retail software solutions for measuring retail marketing campaign effectiveness might initially seem daunting, but retailers can begin by focusing on three essential metrics that determine the triumph or efficacy of the promotional efforts. 1. Establishing the customer-sale connection Upon initiating a marketing campaign, a retail Enterprise Resource Planning (ERP) system can assist in… Continue reading Measuring Retail Marketing Campaign Effectiveness: 3 Innovative Solutions

LS Retail’s latest release of LS Central 22.2 contains new features and improvements in usability and functionality. New features have also been added to the Hospitality, Hotels, Pharmacy, and Staff Management modules. Replenishment for BOM and Components This new functionality in Automatic Replenishment calculates the demand for individual Bill of Material (BOM) items and then… Continue reading New Features in LS Central 22.2

A retail POS software solution helps with inventory management, but it is also a great tool for relationship management, where sales, promotions, and discounts enter the picture. These tactics entice loyal customers to spend more, introduce new offerings, increase sales, and promote growth. That is why it’s important to maximize your POS solution so you… Continue reading 3 Steps to Improve Effectiveness of Promotions with a Retail POS Solution

In 2022, Amazon was the second largest retailer—both online and brick-and-mortar—in the world, and in 2021 became the top apparel retailer in the US. The company’s growth and market dominance have changed the retail landscape forever. But luxury retail specifically has typically landed outside this trend…until recently, that is. Luxury purchases have always been very… Continue reading What Luxury Retailers Can Learn from Amazon

Online retail has dramatically impacted brick-and-mortar stores, leaving many traditional retailers struggling to find new ways to attract buyers. One strategy gaining popularity is to create a unique buying experience for the customer, something that will make the retailer shine among its competitors. This strategy has caught the attention of high-end retailers who seek to… Continue reading Creating a Unique Retail Experience to Increase Sales

Customers are a moving target, especially in retail. Their needs and expectations are in constant flux, depending on trends, technology, the economy, and other factors. Retailers’ biggest challenge is how to respond and adapt quickly to stay competitive. Ask these six questions to keep your finger on the pulse of customer needs. 1. How are… Continue reading How Do Retailers Stay Competitive? Six Questions to Ask