Multichannel Retail Advice

The best place for the latest retail news, stories, tips, and trends.

Retail KPIs: Processing Cost per Order

Written by Scott Hill on 23 June 2017

Processing Cost per Order measures the efficiency of your warehousing and order processing in relation to your revenue. This Retail KPI looks at the throughput of orders as a measure, as opposed to revenue, because in the majority of situations, the value of an order doesn’t effect how long it takes to make its way through your warehouse.

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Natural Baby Shower Share How You Can Gear Up for a Great Christmas [Webinar]

Written by Grainne Shaughnessy on 21 June 2017

We may be in the middle of a heatwave, but it’s already time to turn your minds to tinsel, turkey and Christmas inventory. It feels like Christmas rolls around earlier and earlier each year - especially with the growth in popularity of Black Friday and Cyber Monday.

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Beat Brexit: Tips for Global Retailers

Written by Justine Cross on 19 June 2017

Since the UK General Election earlier this month, the Brexit debate has reared its head again. What’s going to happen? What will consumers do? What should retailers do? The questions really are endless when thinking about Brexit and how to make the best of it.

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Retail KPIs: 30 Day Cash Forecast

Written by Scott Hill on 16 June 2017

The 30 Day Cash Forecast is a Retail KPI that can be implemented in any business. It’s also a metric that’s often avoided amongst younger businesses, perhaps due to perceived complexity, but more likely because it’s too difficult without a system.

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6 Ways to Rock at Modern Cloud Accounting

Written by Justine Cross on 15 June 2017

There was once a time when accounting and bookkeeping occurred in a darkened room by one individual. Any updates on how the retail business was doing were left until this individual had gotten on top of the books and sent a report back on what has gone well, what not so well and how things can be improved.

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Flash Sales: The Fun, The Fame & The Fortune That Can Follow

Written by Nicole Leinbach Reyhle on 12 June 2017

Seeking attention for your online business?

Hoping to gain increased sales soon?

Aiming to introduce something fun to your business strategy?

Look no further than flash sales.

Flash sales are a great way for ecommerce businesses to generate attention, sales and stir up some fun for consumers both loyal and new. They are quick, often unexpected and allow merchants to sell inventory that’s reaching its expiration date or push out inventory that may be new to market. With no firm rules and flexible expectations, flash sales are undoubtedly among the most underutilized yet worthwhile marketing strategies ecommerce businesses can use.

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Retail KPIs: Perfect Order Rate

Written by Scott Hill on 09 June 2017

The Perfect Order Rate is a Retail KPI that measures how well your business is faring against its customer-centric goals. Are your customers receiving the right products? And in the condition and time frame that was promised? Businesses with higher Perfect Order Rates typically see more repeat business and faster growth.

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Why Today’s Retailers Can’t Afford Not to Migrate to the Cloud

Written by Derek O'Carroll on 07 June 2017

As a retailer, you don’t need to read the daily headlines about the state of retail to be very aware that innovating and streamlining your operations is becoming increasingly essential to staying competitive and growing your business.

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Why Choose Shopify for Your Ecommerce Store?

Written by Matt Allen on 05 June 2017

There are many ecommerce platforms available to business owners, whether they are budding new startups or established international brands. One of the most popular of these is Shopify: flexible, easy to get started and with the ability to grow with your business, hundreds of thousands of merchants around the world have chosen it to host and run their online stores. In this piece, Shopify experts EastSide Co take a look at some of its benefits.

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What Could ‘Brexit’ Mean for Global Retailers?

Written by Justine Cross on 02 June 2017

Theresa May (UK Prime Minister and Leader of the Conservative Party) has launched a General Election in the UK, due to take place next week on June 8th. Although this election is to decide who will govern the UK going forwards, whichever party wins must be able to cope with the pressure of knowing how to make the best of ‘Brexit’.

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