Blog
5 Ways to Win at Inventory Management
There’s a rule in business. Whoever manages to do the most work using the least amount of time using the least amount of resources is eventually going to win…
3 Common Mistakes to Avoid When Attracting Customers
Retailers all too commonly neglect to maintain easily-overlooked details that end up harming their end goal of getting customers into their store…
Behind Enemy Lines: Assessing Your Competitive Landscape
It’s a common mistake. A young, ambitious entrepreneur will see a coffee shop open up on every corner of their city and think to themselves “I should open a coffee shop”. Hopefully, they have a seasoned adviser to ask them, “How do you plan to compete with all the other coffee shops?”…
3 Simple Strategies for Employee Accountability
It’s that time of year again! The days are getting shorter, the air is getting colder, and the in-laws are hunting for bargains on airfare. The holidays are upon us and that means it’s retail’s time to shine! – or at least brace. Here are a few stocking-stuffers to help you maintain firm control even during the busiest times…
Time As Money: 3 Simple Steps to Optimize Time
Ever hear the saying, “Time is money”? It’s true, but people don’t often realize the extent to which it’s true. Of course, time is precious and irrecuperable and all that, but let’s focus on the financials. (This is a business blog, after all). The value of time is not fully measured by hourly rates or annual salaries. Time as money is far more valuable than most people think…
Why Managing Your Inventory Can Be Romantic
Ok, hear me out. I know counting shelves upon shelves of items isn’t super romantic. Even over here at Shopventory, as much as we love good inventory management, we don’t think it makes the world go round. But we do know that less time and money wrapped up in inventory means more time and money for other things …
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