Sell More! Blog

Learn how agile retailers harness inventory data to "fail fast".

We ask Marc Weiss, CEO of Management One, what he thinks is needed to thrive in retail today. His answer? The ability to "fail fast". Find out what that means when you sign up for our complimentary retail inventory management expert webinar!

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Topics: Inventory Management, Retail Resources

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6 Ways to keep inventory fresh & improve sell through!

You would be hard pressed to find a retailer who wouldn't LOVE a high sell-through rate. A high turnover rate means you're doing something right and leads to fresh merchandise and happy customers! Here's a brief primer on sell-through and a couple of techniques that savvy retailers use to move their merchandise!

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Topics: Inventory Management

NEW! Retail Inventory Management Report

We all know, inventory management is a foundation for retail profitability. Yet, in talking to hundreds of retailers we've discovered that many are either not practicing modern inventory methods or are simply overwhelmed by the amount of inventory data they are now able to track with modern POS software. Either way, we thought a refresher was in order! Our NEW Retail Inventory Management Report has just been published and in it you will find valuable inventory insight, tips and techniques from retail experts!

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Topics: Inventory Management

How to shift your inventory mindset for agility.

Inventory management is key for profitability in retail. Consumers today have high expectations, they demand inventory visibility in real-time across all channels and want to be able to shop seamlessly wherever, whenever they want. So it goes without saying, that managing your inventory is no longer a set-it and forget-it endeavor. Retailers need to be agile by using their POS inventory data to spot trends and correct problems in real-time. But how to make that shift, towards a more proactive inventory mindset?

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Topics: Inventory Management

4 Ways Inventory Management Saves Money and Helps You Grow Sustainably

Ask any online retailer what their primary business goal for this year is, and more often than not, you’ll get an answer along the lines of: “I want to grow my business.” But with a growing business comes growing responsibilities, namely making sure your back-end is ready to handle and sustain this growth. Before you scale, it’s critical to first optimize your retail inventory management, or face the risk of missing out on sales due to a lack of stock, losing inventory across channels or sacrificing margin due to seemingly small inefficiencies.

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Topics: Inventory Management, Ecommerce

Software Advice names Springboard Retail  in FrontRunners Quadrant for Retail Software

Good news! We're please to announce that Springboard Retail has placed on the 2017 FrontRunners quadrant for Retail software! More than 280 products were evaluated by Gartner and those with the top scores made the quadrant. We love being in the Pacesetters section. If you're looking for new POS software check out the full quadrant to get a great perspective of the retail POS marketplace!

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Topics: POS Software, News, Business of Retail

Store of the Future: The Path Forward

At Springboard, we think there's a bright future for retail. When you begin to understand the shifts that are occurring, start to embrace the change and learn to navigate this new frontier, the possibilities are exciting. Retailers all over the world are trying new things, from tweaking their current models to facilitating complete overhauls. They're taking the best of both worlds, online and offline, and merging them in dynamic new ways. 

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Topics: Retail Insight, Retail Trends, Business of Retail

Announcing 3 new enterprise-grade POS features!

In this fast-paced economy, you need a user-friendly but advanced retail enterprise POS system in order to grow profitably. Whether you have one location or several, a POS system that allows for efficient and streamlined business is a necessary component to compete in today's changing retail landscape. For this reason, Springboard Retail is consistently introducing retail tools and enterprise-grade features to support your business growth both online and offline. Let me introduce you to three new Springboard features you can start using today!

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Topics: POS Software, Software Updates, Springboard Retail Features

The benefits of cultivating retail brand ambassadors vs sales associates.

How often have you heard, "man, customers are just so demanding"? Or worse, been on the receiving end of a sales associate who a) knew less about the product than you do b) was more interested in chatting with a co-worker than engaging with you or c) wanted to help but just didn't have the tools or empowerment to do so. (Or, all of the above.) It just can't be stressed enough, today the customer is firmly in charge with more choice, information and power than ever before. In order to thrive in today's retail climate your front-line sales staff have to be trained as positive, proactive and savvy retail brand ambassadors. But how?

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Topics: Customer Service, Customer Relationship Management, Business of Retail

Store of the Future: Retail industry trends 5 Key Shifts

We know that technology is reshaping retail and that the transformation is profound. But specifically, how will it change over the next 5, 10, 15 years? And, what do retailers have to think about as this new reality approaches? There are several key changes that are already under way and will begin to accelerate in the near future. The time to "wait and see" what will happen is coming to a close. Now is the time to experiment, try new things, learn what works best for your brand, your business and your customer.

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Topics: Retail Trends, Business of Retail

5 Ways to transform from multi-channel retailer to an omni-channel powerhouse.

In today’s ever-changing retail world, one thing is certain: the more places you’re selling, the better your chances of consistent revenue. Of course, being everywhere is easier said than done. While you’ve likely heard of (and may be engaged in) multi-channel selling, “omni-channel” is the latest buzzword sweeping the retail industry. But what exactly is the difference between the two?

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Topics: Omni-channel Retail, Business of Retail, Ecommerce

Store of the Future: Technology Reshaping Retail

We've been shopping differently for quite a while now. That once linear path that today seems so simple is gone. It's been replaced with a hodgepodge of interactions and transactions that are highly dependant on individual preferences. I for one, buy all my essentials online. I like to sort, filter, compare and see product details in a concise way. But I still do my apparel and gift shopping in-store because I love the visceral experience of touching things. Other's however, have their own shopping habits. The reality is that we're in the midst of a profound retail shift and as retailers we often wonder what the store of the future looks like? But there are a few common threads that can help us navigate. One. Customers are firmly in charge. Two. Technology is a driving force escalating the pace of change. In this three part blog series, we'll look at the technology that is driving retail change, examine what the future of retail stores might look like, and lastly compile ideas on how retailer's today can prepare.

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Topics: Retail Technology, Retail Insight

10 Retail industry trends and statistics for long-term growth.

Sometimes it feels like retail industry trends change faster than we can possibly keep up with. From technology and communication revolutions to cultural and generational shifts, there are innumerable factors influencing the consumer mindset — which of course impacts retailers. But with every change comes the opportunity to evolve and to create new paradigms. Innovative ideas emerge and we adjust using new tools and techniques. We've compiled 10 retail statistics that start to tell the story and might give you food for thought - and optimism for the future of retail.

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Topics: Retail Insight, Retail Trends, Business of Retail

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