The B2B (Business-to-Business) model refers to trade between companies, for example, wholesalers and retailers, in contrast to B2C (Business-to-Consumer) which refers to transactions between businesses and end customers. If you’re a B2B entrepreneur, you’re probably aware of the necessity of an online selling platform. In 2022, having an eCommerce store is not an option –…
Category: tips
7 Ways To Improve Website Design For Small Businesses
Web design is the art of crafting a website that is easy to use and visually appealing. It includes several tasks, from graphic design to usability engineering and programming. Web design is an integral part of any company’s success. A web design that is not responsive is not optimized for search engines, or doesn’t have…
15 Tips for Independent Retailers to Remain Competitive
Editor’s note: This post was originally published in July 2017 and has been completely revamped and updated in June 2022 for accuracy and comprehensiveness. It’s that time of the year again when independent retailers celebrate #indieretail during Independent Retailer Month. Customers across the world are encouraged to shop locally to support their community and create…
What You Need To Know About The Apps of a Franchise Business
Running a franchise network, or any business spanning across various geographical locations can be a challenge these days. It is not only the franchisees or other types of partners, the logistics, personnel, and marketing aspects that are critical and require constant attention; the competition is also severe for any industry, and both new entrants to…
How to Efficiently Manage Your Inventory With Barcode System
Aren’t we all looking for ways to make our life easier and our business work smoother? If you use barcodes in your inventory management, you will know they are a great help to your day-to-day workflow. Here are 3 tips for an efficient barcode system for your inventory management: 1. Print on Sticky Barcode Paper…
8 Easy Cyber Monday Tips for Your Business (2022)
The holiday season is quickly approaching and Cyber Monday is just around the corner. On Cyber Monday in 2021, U.S. consumers spent nearly $10.7 billion according to Adobe Analytics. Experts are saying that won’t be any records in 2022 and eCommerce spending is even expected to go down for the first time in years. So,…
How to sell and purchase on consignment with Megaventory
Selling on consignment is a useful arrangement that allows a supplier and usually a retailer to create a “win-win” situation, where they both share part of the risk of holding inventory. Consignment occurs when the consignor (the supplier) sends goods to a consignee (the retailer). The Retailer then later sells them to their clients….
Choosing the Right Inventory Management Software For Your SMB Business
Choosing the right software for your business is the tool to survive in a highly competitive market. It helps you become more efficient with managing your resources, saves up valuable time, and in the end, it means more sales and revenue. However, finding the right one can be challenging for constantly busy people so let’s…
How to Prepare for Annual Inventory Taking
The end of the year is a great time to perform a physical counting of your inventory to start fresh in the new year. On top of that, as people cease shopping after Christmas, it is usually the slowest time of the year. That makes it the perfect time for you to minimize or stop…
How Can an Independent Retailer Compete With Power Retailers
Following the success of our other two posts on the importance of the right retail software and the top online tools and services, we decided to give a final round to our series of retail articles. In this article, we asked successful retailers and experts what the challenges of an independent retailer are and how can an independent retailer compete…