In order for a business to be successful, it is essential to develop a business model that describes how the business will generate revenue. As a basic concept, a business model provides information about a
How To Choose the Right E-Commerce Business Model?
In the last two decades, the shift from offline/brick-and-mortar retail to online eCommerce has garnered much attention and commentary. In the past, a niche market focused on selling a few select products and services has
How to start a profitable E-commerce Business
The revamping of business strategies took place after the first wave of the pandemic. In this regard, various E-commerce companies have gained immense traction. Interestingly, the rise in business ideas created new E-commerce companies. E-commerce
05 Benefits of SOPs for Retail
SOPs are essential for a successful business, but too many startups overlook this important aspect. Standard operating procedures can create an efficient and streamlined business process. The creation of Standard Operating Procedures can actually be
3 Reasons you need a Business Plan for your Ecommerce Business in 2022!
The E-commerce industry is booming, all thanks to innovations in digital technology! But this comes with an immensely competitive market, so much that newly launched eCommerce businesses have a failure rate of more than 80
SOP for Supermarkets
With the retail industry undergoing fluctuations for the last few years, there is an increasing insistence to decrease costs and increase operations efficiency. SOP has become more crucial for the retail market today in the
Ecommerce Conversion Rate Optimization Tactics
As more and more companies pivot to online-only sales to avoid disruptions and survive amidst the fluctuating business landscape, it becomes vital for online retailers to understand that it takes more than an online storefront
International Industry Standards for Dark Stores
As the world tries to adjust to the “new normal” due to the coronavirus pandemic, online shopping has become the most convenient way of shopping. Moreover, online shopping has become the most favourable choice of
How to Start an Online Grocery Delivery Business in Africa?
Going out to local stores to buy groceries and standing in long queues for billing is challenging especially for working professionals due to their hectic schedules. In this technology-driven world where the use of smartphones
Loss Prevention in Retail
Profit shrinkage – whether it be due to employee theft, shoplifting, or vendor theft, etc. – is a very great challenge for retailers – both big and small. IT can take away hard-earned profits even