The landscape of the retail industry is constantly changing. The rising competition and thin margins are imposing several challenges on the retail industry. It is no longer as simple as the Supply Vs Demand theory. Channels are proliferating and consumers expect more from their retailers. In addition to that, there is so much competition and […]
The success of any business depends on its ability to convert first-time visitors into satisfied customers. For a business to survive, it needs customers. But for a business to scale, it needs those customers to come back, again and again. Studies show that 40% of a retail store’s revenue is created by only 8% of its customers which […]
About Company A – Interactive showcasing Company A is an Interactive showcasing marketplace for designer apparels, that combines the expertise of global tailors with online convenience. They are headquartered at sunny Sydney and primarily provide services in Australia, New Zealand, UK and US markets. Company A’s collection involves a wide range of shirts and other apparels for all occasions. […]
One motto all businesses live by is “the customer is king”. Why? Because retaining customers is six times cheaper than acquiring new ones. With the advent of the Fourth Industrial Revolution, many technologies that were once thought of as “ahead of its time” or “impractical” is now gaining traction and one of those technologies is […]