Rev Retail

Call Today For Your Free Shop Fit Quote 1300.530.141
  • Facebook
  • Google+
  • LinkedIn
  • Home
  • Features
  • News
  • Commentary
  • Free Shop Fit Quote
Forget the Past, welcome the Future

Forget the Past, welcome the Future

January 26, 2017 By James L Leave a Comment

This is the last business day of the year 2016, as it comes to a close, it’s a great time to reflect on this year, review what worked, what did not work and mostimportantly where it is going? Little in 2016 in retail in Australia was a shocker (a black swan), the trends in 2015, continued in 2016 and there is every reason toexpect they will persist in 2017. A good question to ask now is”How best to meet in your shop, the current market trends and demands?”

Key Takeaways:

  • Additionally, much of the reason I tended to go to Bunnings was although the people at Masters were extremely nice and friendly, the Bunning’s staff were much more useful, as they knew what they were talking about as they have many experts on their products there.
  • Still I believe that regardless of your size, an updated POS software is one of the cheapest and easiest ways to improve your shop. It is the central hub of the shop.
  • technology is transforming business. It brings you closer to customer. Updates in the software often give you new functions, improve efficiency and produce intelligence you can exploit.

“Although technology played a major part in retail this year, it was not exclusive, for example, Masters was $3bn disaster by Woolworths but I do not believe it was technology that was the cause but better competition from Bunnings.”

http://www.possolutions.com.au/blog/forget-the-past-welcome-the-future

Related posts:

  1. How to use Google Trends in your retail shop
  2. Enabling employee productivity through technology
  3. Why so many new hires leave within the first year
  4. Five printing and document trends to implement in 2017

Filed Under: Commentary

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

PMI spends big on smokeless cigarettes

While specialist vaping shops are now popping up everywhere and the … [Read More...]

New law for tax concessions

Tax concession rules for small businesses have changed, with more … [Read More...]

Increase YOUR Margins

The first step to optimizing your profit is understanding it. It is a good … [Read More...]

Tags

classics

Categories

  • Commentary
  • Features
  • News
  • Popular

About · Contact Us · Get Started
Copyright © 2019 · Revolution Retail