Product placement is an essential marketing element for any retail business, but this is especially true for convenience stores. Studies indicate that the right placement of a product influences buying choices and can supercharge sales. Convenience stores can utilize the best product placement strategies to help their store grow. Numerous elements need to be
Without an effective back office, companies see not only a decrease in productivity but can also lose a significant amount of money. The back office is very much at the heart of most businesses. You can think of the back office as the behind-the-scenes operations of the company. Tasks associated with the traditional “back
The travel industry’s spending increased to $726 billion this year, up nearly 3% from 2021. While travel helps many small businesses, spikes in inflation have also created some uncertainty. For some owners, cutting back on upgrades or hiring seems like the logical answer. However, outdated equipment and poor employee retention can harm businesses long term.
In December 2021, the Wall Street Journal reported that three-quarters of US workers were stressed or burnt out by work. That number was up from 55% of workers just six months before. These findings impact businesses across the country. Employee stress is on the rise, which can have significant effects on our company. Employee burnout often causes
2020 changed a lot of things for eCommerce, as online sales became more important. With 2021 in full swing, here are the top four eCommerce trends you should be watching out for. Customers are choosing marketplaces over eCommerce stores 2021 has been an important year for businesses having easy-to-navigate websites that make purchasing easier and
Starting a small business can be challenging, especially in today’s global economy. Nearly 20% of businesses fail within their first year, and only half make it to five years. With adequate research and a willingness to understand the nuances of running a business, there is room for success in your business idea. In this
