Did you know that as a retail supplier, you can wield enormous influence over your clients? Maybe even more than you know. What's more, you can increase[...]
Did you know that as a retail supplier, you can wield enormous influence over your clients? Maybe even more than you know. What's more, you can increase your bargaining power as you cultivate your wor[...]
So you’re interested in introducing a new product category into your store because you hope it’ll bring you increased profits and show customers you can offer them more. Both are good reasons to bring[...]
COVID-19 continues to make its way through the United States and almost all other parts of the world. Its aftermath is devastating both domestic and foreign economies, leaving retail operators and wor[...]
As 2020 came to an end and businesses started to slow down, we still wanted to ensure that we updated the content on the PowerBase. During December, we updated five articles. Each updated article aims[...]
Consumers are reshaping the market with their ever-changing preferences and buying behaviours, highlighting the need for a technological overhaul in the retail industry, points out McKinsey. Meanwhile[...]
Your business needs effective supply chain and product portfolio management protocols to thrive and to grow. After all, your supply chain is a crucial aspect of your business, no matter what you sell,[...]
Retail shrinkage is something all retailers experience no matter what products they sell. That’s why it’s critical to understand it. By understanding what retail shrinkage is, you can combat it. More [...]
Introducing a category management solution into your business is not a simple process. There are many working parts, and by not having them all in place, you will struggle to reap the full benefits. F[...]
Segmenting your consumers based on dynamic purchasing behaviour involves effective behavioral clustering that you can use to understand and target your shoppers more effectively. You can also collect,[...]
We may be nearing the end of 2020 but DotActiv is still actively looking to improve and update articles on the PowerBase. During November, we published one new article and updated eleven other article[...]
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