Black Friday 2013 has come and gone. The Christian Science Monitor has an interesting article outlining the nitty gritty details of one of 2013's biggest shopping holidays (nightmares?) of the year. We have re-posted it here for your reading enjoyment!
by Dr Will @ Iconic
November is the month of turkey, cranberry sauce, pumpkin pie, and - let's not forget - it's one of the busiest shopping months of the year. Here are 13 tech tips for streamlining your holiday shopping this year:
In lieu of the five Iconic things, places or persons we name traditionally on every other Friday, we will give five bits and pieces of advice for you, the humble retailer, to consider. Yes, even country clubs count, as some departments follow the same rhythm and flow as their bigger (and smaller) brick-and-mortar counterparts. Without further ado...
Today's Tech Tuesday post will focus on how retailers can increase sales through inventory control methods. We'll be looking at an article by Rosemary Peavler for some of these methods.
Unlike an auto manufacturer’s standing inventory of parts, the customers in a retail operation interact with the process even when nothing is happening. You can’t look at them like stock parts, not because it’s objectively wrong to count heads, but just because they won’t stand for it. Especially when it comes to waiting. As we discussed last week, customers flowing through a bottleneck don't just wait passively. For a retailer, an overwhelmed bottleneck is not just a cap on the overall flow rate; it can actually reduce demand.
A week or so ago I noticed my office desk was sagging...and there wasn't even hardly anything on it... Ah, the wonders of particle-board, I thought. I sighed. Then I smiled - time for a new desk! (Perhaps a real wood one this time.)
Not only is it Iconic Friday, it's also Black Friday! That means we have a special post just for today, highlighting some of the most iconic shopping experiences around, past and present.
I was surprised recently to learn that most distributors have some kind of retail operation. It makes perfect sense when we think about it. It gives the distributor's customers and potential customers the opportunity to look over the products...and look over the distributor, as well. So, many distributors have a store front where their customers - mostly retailers - can visit and inspect their offerings.