Business is doing well, and sales figures are rising. But are you truly optimizing your revenue? That’s a tough question. While boosting the amount of inventory sold is important, enhancing sales efficiency is a different challenge altogether. That’s why key performance indicators (KPIs) such as Average Order Value (AOV) exist. Here’s a comprehensive guide on…
2024-09-08T17:25:48+03:00
in wholsale business
In today’s competitive wholesale industry, success demands more than just stocking the right products—it requires strategic planning and a keen understanding of market dynamics. In our previous blog1, we explored the essentials like visual merchandising and understanding your market. Now, in Part 2, we’ll focus on how smart pricing strategies and the power of private…
Exciting about shopping for new clothes, reimagining your wardrobe, and walking out of a store feeling like a million bucks. Sometimes, when you see just the right cozy sweater or twirly dress in a shop window, you feel like it’s calling your name. What draws a shopper through the door and into the fitting room?…
2024-08-12T19:34:56+03:00
in wholsale business
Wholesale purchasing, a model where businesses buy large quantities of products directly from manufacturers or distributors at lower prices, is crucial for retailers seeking cost-effective inventory management. By selling these products in smaller quantities at higher prices, retailers can achieve substantial profits. Here’s a closer look at why wholesale might be the optimal choice for…
