You Can Do It Opening your own store may be a dream come true. Paying for this dream may be an entirely different story. How you structure the […]
Marketing Your Business
Baby [b]oomers have changed every market we entered, from disposable diaper market to the stock market to the job market. We like to be marketed to. Lynn Lancaster, […]
Basics of Retail Math
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 […]
Dealing with Vendors
In our free enterprise system, companies and industries develop and improve through competition, and a key requirement for competition is knowledge about the operations of all major competitors […]
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 […]
Business Plan & Business Structure: The Twin Foundations of Any Successful Business
Walmart last year accounted for nearly 8% of overall U.S. retail sales. That leaves 92% for others—for now. Advertising Age, October 6, 2003 I begin this crucial chapter […]
Internet Marketing: What Are You Waiting for?
If you do it right, a website can enhance your company’s image, build customer loyalty, and get information to customers and potential customers quickly and cheaply. If you […]
Firing, Hiring & Training Good People
Gen Xers come into a retail environment well-informed. They do research on the Internet, especially on bigger-ticket items. They’ll come in with price-comparison charts that they have printed […]
Should I Drop-ship?
Before you ask yourself this question, you need to fully understand what drop-shipping is all about. The short explanation is drop-shipping is a service manufacturers and wholesale distributor […]
Is Your Business Protected?
Have you ever said, “I wish that someone would have said something earlier—we could have saved a lot of money”? Do you know if your employees are stealing […]