Retailing is all about change, because consumers change and so do their tastes. If you don’t change, you don’t grow.Marvin Traub, Former President & CEO of Bloomingdale's [N]o matter what your collateral reasons for opening a retail store—[setting your own schedule, being your own boss]—the numbers are obviously what drive your decision about whether or … Continue reading Basics of Retail Math
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Nonprofits Buying in the Profit World Online
Since the beginning of time, buyers have always intended to acquire goods at a low cost, and this is what drives competition. On the Internet, competition is even more intense, because comparing products and prices from one company to the next is only a click away, whereas in the traditional shopping experience, customers need to … Continue reading Nonprofits Buying in the Profit World Online