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What is Cycle Counting and How to Implement It in Your Retail Business

April 19, 2019 by Blogherald Blogger

Cycle counting is an important business tool and can be especially advantageous for firms in the retail industry. Effective use of cycle counts can save retailers enormous amounts of money in inventory mistakes such as overhead buildup. Here’s a breakdown on what cycle counting is and what it can do for you.

What Cycle Counting Is and Why You Should Implement It

Cycle counting is both a savvy and proactive inventory management practice. Essentially, cycle counting means running a check on your inventory with special attention given to best sellers and seasonal goods. You will glean important information from cycle counting that can lead to better decisions in marketing and purchasing. By keeping a thorough accounting of what you have in stock, it’ll be harder to make mistakes in purchasing like over ordering and winding up with an expensive mass of overhead.

[Read more…]

Filed Under: Guides Tagged With: cycle counting, retail business, Retailers

Can Retailers Refuse Refunds Using POS Software?

April 3, 2019 by Blogherald Blogger

Are you getting more refunds than you can handle? Are you just worried about the future and what it brings?

Although refunds are a part of doing business, the number of them seems to be growing every year.

So, can you refuse a return with your POS system?

[Read more…]

Filed Under: General Tagged With: POS software, POS system, refunds using POS software, Retailers

Pinterest Becomes No. 1 Traffic Driver For Several Top Retailers [Infographic]

March 3, 2012 by James Johnson

Pinterest Logo

Pinterest LogoWhile social bookmarking site Pinterest might be two years old the sharing platform really came into it’s own during the second half of 2011 and now the company is the top traffic referrer for retail based websites.

If you’re unfamiliar with Pinterest the program essentially allows users to create “pinboards” which are the equivalent of an online bulletin board for popular categories such as food, wedding planning, home decorating, etc. As users find interesting information online they can use the “Pin It” bookmarklet or their iPhone app to save things both from online and offline solutions.

As more users create bulletin boards and share their findings with friends traffic is sent to retailers and suppliers such as Ajinomoto. That traffic according to Experian Hitwise is driven by 58% women which is of special interest to advertisers, brands and retailers.  [Read more…]

Filed Under: News Tagged With: Ajinomoto, Pinterest, Pinterest Growth, Retailers, traffic, web traffic

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