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
Category: LS Retail
New Features in LS Central 22.2
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
3 Steps to Improve Effectiveness of Promotions with a Retail POS Solution
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
What Luxury Retailers Can Learn from Amazon
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
Creating a Unique Retail Experience to Increase Sales
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
How Do Retailers Stay Competitive? Six Questions to Ask
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
Removing Pain Points for Retailers with the Dynamic Duo, Microsoft Dynamics Business Central 365 and LS Central
Retail and omnichannel business are moving fast. With so many options for consumers, retailers need a unified software solution to manage core financial operations while also offering strong retail functionality, such as Point of Sale (POS), loyalty programs, replenishment, ecommerce, and staff management. A robust unified platform allows retailers to move away from managing separate… Continue reading Removing Pain Points for Retailers with the Dynamic Duo, Microsoft Dynamics Business Central 365 and LS Central
Adopting a Unified Platform: Six Ways It Can Transform Your Restaurant Business
Your restaurant business relies on great service for its success. Unfortunately, keeping costs down does not always lend itself to delivering a fantastic atmosphere and keeping productivity up. Without technology that supports your goals, all your effort and hard work can end up being for nothing. Seeing the benefits offered by unified commerce software in the retail industry,… Continue reading Adopting a Unified Platform: Six Ways It Can Transform Your Restaurant Business
When Your IT partner Doesn’t Know Your Systems: What Could Happen, and How to Prevent It from Happening
We’ve seen it many times with many companies: The IT team decides to make updates to an application, operating system, or platform without first checking to see how that update will affect other systems—and something “breaks.” The fact is, one team doesn’t necessarily know what another team is doing, the tools they’re using, or how… Continue reading When Your IT partner Doesn’t Know Your Systems: What Could Happen, and How to Prevent It from Happening
10 Reasons Why Brick-and-Mortar Stores are Important for Retail
While eCommerce sales continue to grow, brick-and-mortar stores remain a popular, even lucrative, option for retailers. Nearly half of consumers primarily shop in physical stores, and more than 80% do so at least weekly. Here are 10 reasons why storefronts aren’t going anywhere: 1. Customers Who Pick up in a Store Buy Additional Items Click and collect, or BOPIS (buying online and picking… Continue reading 10 Reasons Why Brick-and-Mortar Stores are Important for Retail