How Integrated POS Tech is Helping Electronics Retailers
iVend Retail Blogs
by Pankaj Mathur
1w ago
Electronics retail is big business. Really big business. Consumers just can’t get enough of devices that help them get better connected, entertained and informed – smartphones, TVs, laptops, tablets, wearables (smartwatches and fitness trackers), hearables (headphones, earbuds, speakers), cameras, gaming consoles, and extended reality (XR) devices. Electronics Store POS Software iVend helps electronics retailers win in a competitive market. Read how our electronics store POS solutions give electronics the edge. Read more High demand and rapid market innovation are driving up reve ..read more
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5 ways POS systems for retail can help increase margins
iVend Retail Blogs
by Pankaj Mathur
1M ago
In any retail business, margins are an essential indicator of business performance *. Gross margins help retailers to understand the performance and trends of individual products, and this data informs decisions about product mix, location and stocking levels. Net margin is a vital window into the overall health of the business. It provides key information about the growth potential, long-term viability and sustainability of the business **, and a higher net margin than industry averages is a strong indicator that a retailer has a competitive edge. Retail POS Systems iVend retail POS ..read more
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Retail Tech to Make Shoppers Fall in Love with Your Store
iVend Retail Blogs
by Pankaj Mathur
2M ago
It’s the time of year when the world’s thoughts turn to love. For retailers, Valentine’s Day offers a shopping boost in the after-holiday mid-February slump, but it’s more than that – it’s also a reminder that love comes in many forms, including the love that shoppers have for their favourite store. Getting shoppers to love your store is a sure-fire way to retail success – customer satisfaction, competitive advantage, scalability and business growth. Retail Operations iVend helps retailers become irresistible to shoppers. Learn how we play Cupid, making customers love stores. Read ..read more
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Choosing the Best Retail POS System for Your Business
iVend Retail Blogs
by Pankaj Mathur
3M ago
Retailers rely on technology – and at the very core of successful retailing is a retail POS system, enabling smooth customer transactions and capturing key data about sales and shoppers. Choosing the right POS solution is an important decision – top POS software platforms offer the potential to transform * a retail business, increasing efficiency, growth and profits. So how does a retailer go about selecting the right retail POS system for their business, for now and into the future? iVend helps retailers iVend helps retailers select the best point of sale system. Read how in our det ..read more
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Post-holiday returns management: Strategies for Retailers
iVend Retail Blogs
by Pankaj Mathur
3M ago
January is the season of returns – the rate at which shoppers bring back goods in the post-holiday returns period jumps by almost 9% * compared to the rest of the year. The latest figures from the National Retail Federation indicate that in 2023 the value of returned items was $743 billion. ** Given that returns management can cost as much as 66% of the original sale price, *** returns represent a big headache for retailers. iVend helps retailers iVend helps retailers optimise their post-holiday returns processing. Read how the best POS system supports efficient returns handling. R ..read more
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Top retail technology trends to look out for in 2024
iVend Retail Blogs
by Pankaj Mathur
4M ago
As we move into a new year, our thoughts turn to the time ahead and what it will hold. For the world of retail technology, 2024 looks set to be an exciting year. As consumer demands continue to evolve, and competition is hotter than ever, retailers are embracing innovative solutions to stay ahead. All retail processes iVend helps retailers to stay ahead of retail technology trends. Learn about our innovative integrated retail technology platform. Read more So what are the key trends for retail technology in 2024? We’ve taken a look into our crystal ball and come up with the top se ..read more
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Retail POS technology for streamlined retail operations
iVend Retail Blogs
by Pankaj Mathur
5M ago
Successful retail requires operational efficiency – the more streamlined the business processes the greater the potential for reduced costs and increased business growth. So retailers are looking for ways to optimize retail operations, across every process – and retail technology is a powerful enabler. All retail processes iVend has solutions for streamlining all retail processes. Read more about our unified retail POS solution. Read more Retail operations are built on a number of interlocking processes, each of which feeds into, or from the others. Here we take a look at how reta ..read more
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Increasing personalization using the power of analytics
iVend Retail Blogs
by Pankaj Mathur
6M ago
As discretionary spend decreases in inverse proportion to cost of living increases, and consumers think more carefully about where they spend, retailers have to get really smart about strategies to win and retain their share of the market. There’s one approach that is proven to work to engage customers, enhance their experience and increase spend – and that’s personalization. iVend helps retailers iVend helps retailers to capture and analyse customer data. Read how our analytics system helps retailers with personalization. Read more Retailers who understand their customers and use ..read more
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How technology helps retailers prepare for holiday season
iVend Retail Blogs
by Pankaj Mathur
6M ago
As we race headlong into the holiday season, the best gift that retailers could receive would be…a crystal ball. Having the ability to predict the future, to know how shoppers are going to behave would make retailers as excited as a child finding a full Santa sack at the end of their bed on Christmas morning. But of course, the future-forecasting crystal ball is still, like an over-ambitious letter to St Nick, just wishful thinking. iVend helps retailers iVend helps retailers make the most of the holiday season. Read how our technology gives retailers the gift of growth. Read more ..read more
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Ten competitive strategies for retail success
iVend Retail Blogs
by Pankaj Mathur
7M ago
iVend works with a host of different retailers around the world, of all types and sizes, which gives us a unique insight into what successful businesses are doing to set themselves apart. We have used that knowledge to pinpoint ten key competitive strategies for success in retail. I wrote about the first five of these in ‘Ten competitive strategies of successful retailers – Part 1’. (Check out the article here if you missed it). Let’s now look at the remaining five ways that retailers can make sure they’re front runners, and not also rans. Retail Success Story Make iVend part of your ..read more
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