The Online Shopper’s Journey – Are you maximising opportunities at every stage?

A recent report analysed 200 multichannel retailers across nine sectors, including fashion, health and beauty, home and furniture, arts and crafts and more. This report set out to determine how these retailers scored across the five identified stages of the customer journey:

  1. Browsing
  2. Consideration
  3. Buying
  4. Collection/Delivery
  5. Returns

In this blog we’ll take a look at the latest trends and technologies and how they are being used by retailers to maximise opportunities at each phase of the buying process.

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Why multi-store shouldn’t mean disparate systems

Retailers who have multiple outlets and sales channels know that there significant economies of scale to be gained from expanding a successful business across multiple locations. As any franchisor and they’ll tell you, once you have discovered a recipe for success, you can replicate it almost anywhere. You can pool your resources, centralise purchasing and distribution and just about every other business function you can think of. However, one vital component which is often overlooked as a business begins to expand is the retail management system.

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Retail Stock Management – How to work smarter in 2022

Unbelievably many retail businesses are still managing their stock through outdated software or spreadsheets. While you may be tempted to stick with ‘tried and tested’ methods, these old fashioned stock management methods are time consuming and rely heavily on attention to detail and manual recording of data which inevitably leads to costly errors. So if you’re still managing your stock the old fashioned way, it’s time to take a look at the alternative – a modern, fit-for-purpose solution designed specifically for retail.

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2022 – Key retail dates you don’t want to miss

After so much disruption, it’s more important than ever that retailers take advantage of every occasion to boost their revenue. There are key dates throughout the year which present opportunities to cash in on the hype and marketing surrounding them. However, forward planning is vital which is why we’ve summed up the most popular retail events for you, so you can ensure you are fully prepared and don’t miss out on some of the biggest advertising and marketing opportunities of 2022.

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