When starting a retail store or a business, there are many questions that arise for the new entrepreneur. For example, which business model to choose? Some are considering consignment sales, which raises new questions, such as ownership of the merchandise sold on consignment. Who is the owner of...
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Effective inventory management is an essential part of a store's business strategy, whether small or large. It is the foundation on which the success and profitability of businesses rest. What are the real benefits of inventory management? There are several benefits to inventory management:
...
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Retail operations encompass the daily activities and processes retailers undertake to sell their products and services to customers. There are several major types of retail operations, each with its unique characteristics and strategies:
Inventory management
Point of sale operations
...
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In the complex world of business, understanding the financial ins and outs is essential to make informed decisions. Among the indicators offering an overview of the financial health of your store, its profitability and its competitiveness in the market, there is the retail markup. The retail markup...
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Retail stores continually seek innovative ways to cultivate and maintain strong relationships with their customers. One way to achieve this is through loyalty programs, which not only reward loyal customers but also stimulate business growth and customer retention. Here are 14 benefits of customer...
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In today's competitive marketplace, establishing a unique retail brand or store presence can be a challenging endeavor. As consumers are bombarded with endless choices, it becomes vital for retailers to employ effective promotional strategies that not only capture attention but also foster loyalty....
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Point of sale softwares make life easier for retailers. These tools collect useful data to successful storesl. A question therefore arises: where is the data of a POS software stored?
More often than not, POS data is stored in the cloud. There are, however, point of sale softwares that store...
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Effective inventory management is a cornerstone of any successful store, regardless of size or industry. A well-managed inventory ensures optimal product availability, reduces costs related to excess inventory and improves the customer experience. However, there are so many proven inventory...
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Do you already have a thriving store and are thinking about expanding your business and open more stores? This crucial step can be exciting, but also daunting, as it requires meticulous planning and thoughtful implementation. However, with a solid strategy and proper preparation, opening a second...
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Gift cards have become a popular choice for shoppers looking for the perfect gift, while offering some flexibility to the recipients. Some wonder, however, whether the retailers and businesses also profit from gift cards.
The answer is yes, businesses profit from gift cards. They make money when...
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Sustainability is a concern for consumers nowadays. Companies are looking for ways to help protect the environment. Many practices exist to help make a retailer sustainable:
Take environmental responsibility seriously
Sell sustainable products
Do business with ethical and...
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Inflation is a major challenge for individuals and businesses alike. When prices rise and purchasing power declines, consumer buying behaviors change. Stores must then put in place clever and effective strategies to maintain their sales and retain their customers even in times of inflation.
How...
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Inventory is the backbone of any store. Effective inventory management is key to running smoothly and maximizing sales. A fundamental question may cross your mind: who is responsible for inventory control? Many people play a role in inventory control and it can be difficult to know who should take...
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A point of sale (POS) software is a powerful tool that makes transaction management easier and provides valuable insights into business performance. What exactly do POS systems track? A good POS software tracks the following things:
Sales
Inventory
Product information
Customer data
...
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The way to manage inventory has a significant impact on business profitability and efficiency. Businesses can adopt traditional inventory or consignment inventory. Each of these methods encompasses different practices. So what is the difference between inventory and consignment?
Traditional...
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Retail is an ever-changing industry. To thrive in this competitive environment and be a successful retailer, it is essential to have effective strategies in place.
While success varies a lot depending on the retail industry, there are some key factors to consider to be a successful retailer. If...
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The internet provides consumers with convenient and varied online shopping opportunities. The rapid evolution of e-commerce has brought about the emergence of new terms and concepts such as e-commerce and e-tail, which can occasionally cause confusion due to their subtle distinctions. So what is...
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When it comes to capturing the attention of customers, the visual aspect plays a crucial role. This is why retailers should seize every opportunity to create an attractive and compelling environment. In-store displays play a crucial role in this goal.
The main purpose of in-store displays is to...
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Point of Sale (POS) systems are essential for any retail business to efficiently process transactions and manage inventory. These systems comprise various hardware and software components that enable transactions, monitor inventory, and generate reports. However, as with any technology, the...
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Consignment sales have become increasingly popular in recent years as a way for individuals and businesses to sell their products without needing a traditional storefront or inventory. How does consignment sales work?
Consignment sales involve a consignor (the seller) entrusting their...
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A reliable and effective inventory management system is essential for the success of retail establishments. In today's hurried retail sector, managing inventories can be challenging. It's critical to monitor stock levels, sales and place fast product reorders. What is the best way to manage your...
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Managing inventory is an essential part of running a successful store. One of the biggest challenges for retailers is to keep track of their stock levels accurately. Deadstock refers to products that have been in the inventory for an extended period and have not been sold.
Managing deadstock...
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During periods of inflation, it can become difficult for retailers to adapt their offer to meet consumer needs while minimizing losses. Retail businesses must understand these changes and thus know what sells best during inflation in order to adjust their offer accordingly.
The products that...
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Did you know that it is possible for large or small businesses to reduce their ecological footprint thanks to sustainable retail?
Sustainable retail is about revaluing responsible practices and reducing environmental impact by maximizing the use of resources to promote economic and environmental...
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Knowing how to manage your suppliers in the world of retail is essential to ensure a good supply of products and maintain sustainable profitability. Suppliers are a key part of the supply chain and their management can have a significant impact on the performance of your business.
Whether you...
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Having an online store has many advantages for retailers. The rise of ecommerce is far from being over!
What are the advantages of an online store for businesses and consumers? Through an online store, it is possible to reach a wider audience, provide a more convenient and personalized shopping...
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Many franchisors wonder how to maintain and manage multiple stores. It's important for multi-store owners and managers to have effective maintenance strategies in place to ensure that each store has great performance.
There are several essential knowledge of how to maintain multiple stores....
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Consignment sales are advantageous for both parties involved, but there are some cons that you should be aware of. Let’s take a look at the disadvantages of consignment sales so you can make an informed decision before considering this method for selling your products.
What are the...
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The advantages of consignment sales are numerous. Although consignment is not a new concept, it is still a common method for businesses and individuals looking to sell products at a retailer. This is why we will look at the specific advantages of consignment sales for the retailer and the seller...
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Examples of good loyalty programs show us how essential customer loyalty is to guaranteeing the growth of your business. Having a good loyalty program is a great strategy for keeping your customers engaged and encouraging them to make new purchases at your store.
To inspire you to create a...
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A good point of sale (POS) software has several features to help retailers in their daily work. Those softwares are also powerful data analysis tools. POS softwares' advanced reports can let you analyze customer data to help you understand your consumers' habits and preferences.
Can customer...
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Knowing how to calculate a physical inventory value is essential for a retail business owner. This internal organization exercise may seem trivial, but it is needed to ensure the smooth running of your inventory management.
To calculate a physical inventory value, you must first determine how to...
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Franchisees are a crucial part of franchise networks and their performance makes all the difference to the success of the network. So what makes a good franchise owner?
A good franchise owner is ambitious, passionate, compassionate, knows how to lead and to communicate, has a thirst for...
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To attract your customers, the words you use are important! They are essential to achieve your goals and catch the eye of your customers quickly. This is why we created a list of 127 compelling words that will help you drive customers to your store and generate more sales.
Those words can be...
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Consignment sales are becoming increasingly popular for many types of products. This practice offers many perks, such as the fight against overconsumption and the sale of local products at affordable prices.
Several types of products are sold on consignment in retail stores. In this article,...
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One of the most important moments for a retail business is taking inventory.
This updates knowledge about product assets on the shelves and in the back store. This process allows you to be compliant to laws. It also facilitates the work of your employees and reduces the risk of errors.
How...
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Retail businesses are constantly looking for new ways to increase customer loyalty and make more sales. One of the most effective ways to do this is to have a loyalty program.
A good loyalty program boosts customers' loyalty and encourages them to spend more in your store.
Here are 8 key...
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Are you wondering what are the best POS softwares for video game stores?
Your point of sale software must help you maximize your video game store profits and help you in your mission to serve your customers well. Several point of sale softwares are available on the market, but are they really...
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The management of the repair, rental and consignment sale of products is made possible thanks to this revenue-generating model: ReCommerce.
New model: new questions.
Many entrepreneurs buy into this business model and wonder how to calculate consignment inventory.
To calculate your...
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Do you manage a pet store? Care services as well as pet store retail are increasingly prevalent everywhere. Today, there are a large number of people who own cats and dogs as pets. This is to say that a large population values animals and their well-being.
Admittedly, owning a business is...
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Once established in a local or national market, companies will have the ambition to expand their area of influence by attacking the international market. Fortunately for entrepreneurs with grandiose ideas, some international POS softwares is made to support the most excessive...
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Alice POS and Raange Interactive Announce Strategic Partnership
MONTREAL - Earlier today, industry leader Alice POS announced a new product relationship with Raange, a Montreal-based marketing engagement platform that offers affordable SMS marketing for businesses of all sizes.
Thanks to this...
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Where would the retail industry be without POS systems? These computer systems give stores a chance to keep track of their sales, inventory, and cash flow in addition to helping them sidestep the limitations of manually handling sales and inventory management.
In fact, modern POS systems go a...
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Wondering what are the best POS softwares for a garden center? Are you looking for a POS software tailored to your needs? In this article, discover 5 of the most popular point of sale softwares used in garden centers. Pick the right POS for you by comparing their pricing, features and customer...
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Gardening and horticulture have grown in popularity in recent years. It is therefore not surprising that new garden centers are opening to meet this growing demand! Are you one of these new owners, or are you considering opening a garden center? Keep reading this article to discover 9 tips to...
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Do you own a store and are wondering which retail softwares to use to help you in your work? Are you getting lost between all the options available? This article is for you! Discover 8 types of software that will help you manage your store:
Point of Sale Softwares (POS)
Accounting...
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With Alice POS, access powerful features allowing you to optimize your daily work. Thanks to the integration of PivoHub with Alice POS, centralize your beer suppliers' catalogs and orders directly in your point of sale software!
The PivoHub integration with Alice POS offers you synchronized...
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Have you ever wondered what point of sale softwares and accounting softwares are? How to define them? What makes them different? Here, you will find the answers to these questions and many more!
The difference between a point of sale software and an accounting software is that a point of sale...
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A point of sale is essential in retail. Different steps are required to make selling possible, which is what we call the “point of sale process”. Indeed, the point of sale process is defined as the steps made in the point of sale systems to ensure safe transactions when goods or services are...
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Alice POS has powerful features to make your business run more efficiently and effectively.
OrderEase integration with Alice POS provides even more benefits:
Synchronize all supplier catalogs into Alice POS.
Auto-generate supplier orders into Alice POS.
Instantly convert...
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Innovative Technology Partnership Gives Independent Lawn & Garden Retailers Capabilities to Rival Big-Box Goliaths
- OrderEase, a cloud-based wholesale order management technology, and ALICE POS, a cloud-based retail point-of-sale solution, announce a strategic partnership to provide...
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Hunting, fishing and trapping are major industries for many countries. According to a market study, the global market for these activities in the United States was estimated at US$522.5 billion in the year 2020. As hunting and fishing store owners, are you using the latest technologies to meet this...
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Finding the best POS system for your business is crucial for efficient management. If you are wondering how to find a good POS system for your business, you came to the right place!
You can find a POS system for your business on the Internet, in select stores or through independent vendors....
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Is your retail store looking for a new point of sale (POS) system? Do you know the differences between POS systems for independent retailers and those designed for multi-stores, such as franchises, corporate networks and purchasing groups? We’ve put together a few comparisons of different systems...
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Microbreweries' popularity has been growing steadily over the last few years. In Canada, the number of brewing facilities increased by 8.0% from 2019 to 2020. To meet this demand, many retailers specialized in the sale of microbrewed beers. Craft beer stores offer a variety of beverages for their...
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Garden centers and nurseries have special requirements and with their vast array of products, managing these businesses can quickly become complex. The solution is to purchase a point of sale (POS) system. This valuable technology can increase your company’s productivity and profits in several...
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Are you in the market for a point-of-sale (POS) system for your retail business? You’re not alone, and you’ve come to the right place if you’d like to learn more about how this kind of system works.
We are guessing you already know what POS software is. But just in case, this is a system...
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If you are looking for cloud-based point of sale software, you are most likely also looking for the IT equipment needed to make it work. In addition to needing an internet connection within your business, you need to make sure you have the right hardware components compatible with the point of sale...
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As the point of sale software Alice POS was originally designed to optimize the management of video game stores, you can expect to find features that have a direct effect on the industry's day-to-day operation, such as the buy and sell of games, trade-in, rent, and consignment modules.
To this...
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Alice POS offers a multitude of advantageous features for retail merchants. These can lead to concrete improvements in store, which can be felt in time gained or even in increased revenue. In this article, we will explore the ways Alice POS can help you do that. We will section off this article...
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The emergence of new technologies has prompted a growing number of point-of-sale and network managers to seek new ways to improve sales, enhance customer experience, and optimize employee management. The arrival of new electronic shelf labelling solutions on the market offers new possibilities for...
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Being a reCommerce cloud-based retail point of sale system, Alice POS offers merchants the key features they need to get started selling in person or online with a reCommerce (or Circular Economy) approach. The consignment, rental, buy-back, trade-in of used goods, and repair features allow...
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Choosing the right point of sale software for your retail store can sometimes be difficult. A multitude of POS systems are available on the market, which is why it is important to carry out thorough research. Here are some tips for choosing the right point of sale system for your business.
What...
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With the arrival of a new POS software in your company, you will certainly be able to use its features to benefit from a variety of in-store strategies. These features can in fact allow you to develop different strategic combinations to achieve your business goals.
What strategies can you take...
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Alice POS does business with various partners who allow our customers to benefit from the best services, but above all the best opportunities. Indeed, our integrations allow you to make informed decisions related to your prices, your loyalty programs or your eCommerce. Here are the integrations...
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If you are thinking about changing your point of sale system or have just made changes in your system, you might have some questions about deploying it in your business. Here is how Alice POS ensures a smooth and secure POS migration process, but also adequate and personalized training on our point...
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So much useful information is available in point of sale reports that could greatly help optimize business operations. Indeed, using these reports efficiently can help increase revenue and reduce operational costs.
However, not all business owners take the time to analyze their data and...
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Post-Covid represents another difficult period for retailers. It may be complicated to stay productive and realize profits. So, here are a couple of ways retail stores can enter an economic recovery process and remain productive after the Covid-19 pandemic.
Here are a few tools that you can use...
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You may be looking for a point of sale system but do not know where to begin your research, or maybe you are interested in a point of sale software, but you do not know which terminal would meet your needs and be adapted to your business operations.
First of all, let’s clarify the difference...
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Having a point of sale system in your video game store can bring many benefits to your business. That being said, with the size of your inventory and the high turnover in your store, a point of sale system could greatly help you optimize your sales and be more efficient.
In the following...
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Alice POS offers a variety of features that can help your store save time and increase revenue. Alice POS has developed features that are useful for multi-store owners to suit their specific needs. In most cases, franchises, buying groups, and corporate networks own many shops, and POS software can...
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If you are in the market for a retail POS system, then you may have noticed how expensive they can get. Some systems still rely on being installed locally and can have upfront costs that could put a company out of business. But this does not mean that if you do not have thousands of dollars at your...
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There are many benefits of purchasing a POS system, notably making it easier to manage your retail business. A POS system can significantly simplify daily business tasks and in some cases can even be revenue-generating.
A POS (Point of Sale) system is the combination of software and hardware to...
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There are a multitude of features a cloud-based pos system can offer, so it’s essential to understand your needs and the main features you require before making your choice. Here are six features you should not miss when you’re looking to acquire new point-of-sale software.Some important...
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You can now connect Alice POS to your Ecwid eCommerce store. Alice POS is a point of sale solution designed to help businesses record their sales in person and manage their store branches. Whether it's a single store or a large franchise, with Alice POS you can manage your sales, inventory, prices,...
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Winter is the ideal time to take out your ski equipment and enjoy the cold weather. With the high season, it is essential to have a point of sale capable of meeting the high demand of customers in your ski shop.
What are the strengths of an excellent point of sale? Here are the 8 features that...
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"The sporting and athletic goods manufacturing industry exhibited sound growth in shipments, fuelled by increased domestic and export demand." (source). To adapt to this growing and constantly evolving sports market, choosing an excellent point of sale for your sports store is an important...
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Finding the right POS software for you and your adult shop is often a complex but crucial process to ensure excellent store management. It is therefore important to be familiar with the strengths of point of sale software before making the right choice.
What are some features to have in a...
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Alice POS, a cloud-based point-of-sale software designed for multi-store retailers, is proud to welcome Presotea, a fresh tea beverage company located in Montreal, Ontario and the United States, as a new customer.
Presotea offers a wide range of unique tea-related beverages freshly prepared in...
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The musical instruments and supplies industry is constantly changing and evolving and it is essential to have excellent point-of-sale software to be able to adapt to these changes. That's why it's important to consider the many features available that meet your needs and the needs of your music...
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Having a bicycle shop can be complex, considering that this field offers so many business opportunities and that sport is becoming more and more popular. This is why it is essential to choose a good point-of-sale software that can improve and optimize the management of your business in order to...
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The choice of point-of-sale software can be complex. However, it is easy to find a supplier of a cloud-based point-of-sale system. The question is whether it effectively meets your needs and the needs of your business.
What features should I have in a point of sale for camera stores? Here are...
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Stock control in a warehouse is an essential element in the management of your business. Indeed, this allows you to always keep an optimal quality of products in stock, rigorously track stock, and plan the quantities to come for future product orders.
What are the most popular inventory...
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Alice POS, a cloud point-of-sale solution designed for store networks such as franchises, chains, corporate buying groups as well as individual stores that want to expand, is now an official partner of Millenium Micro Group, a Quebec-based company with more than 260 affiliated computer resellers...
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Many point-of-sale software products offer basic features that are suitable for a wide range of stores. With the advancement of technology and the changing needs of the industry, it is important to choose a good point of sale for your pet store that will meet your specific needs.
What are the...
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When purchasing a new point-of-sale system, it is normal to have several fears and questions, especially regarding the safety and onboarding process in your company. Indeed, the security of your point of sale should not be neglected since there are several technical aspects to consider.
Is...
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Como Sense, a leading digital marketing platform that makes customer data actionable, is now integrated with Alice POS, a cloud-based point-of-sale (POS), offering the ability to drive business growth.
What is Como Sense? Como Sense is a suite of next-generation customer engagement and...
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Choosing excellent point-of-sale software can sometimes be difficult, especially for vape stores. Indeed, you have to take into consideration your own needs as well as the needs of your company to make the right decision.
What are some necessary features in a point of sale software tailored...
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Think about it. Almost 10 years ago, only 13% of Canadian companies were selling on the Internet while 87% of Canadians were making purchases online. Since that time, several elements have made it possible for entrepreneurs to create their presence on the web and more easily launch an e-commerce...
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Multi-stores such as corporate chains, franchises, buying groups, and networks of stores require particular management that does not necessarily apply to single-store operations. The operational aspects of these businesses may not be so different when observed at an individual level, but as a...
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April 17th, 2019
The National Retail Federation (NRF) has been helping retail thrive and excel for more than a century. In the United States, this industry contributes to more than 13% of the annual GDP. No other industry comes close to its value. Every year, the NRF organizes its long-awaited...
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Customer experience and customer service have become top business priorities in 2019. Today, customers' perceptions of a business are no longer tied only to brands and suggested prices, but are rather related to their general experience with the brand.
Definition of the customer...
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March 4th, 2019
Alice moves to new offices!
In 2015, SE2 (which develops the Alice POS software) joined Espace-Inc, which was then a brand new incubator-accelerator located at 400 rue Marquette in Sherbrooke.
Alice POS is a new-generation, cloud-based point-of-sale software designed for...
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Managing any type of business is a challenge for all business owners and managers. Indeed, they must respect several aspects if they want to manage their business optimally. Several elements can complicate business management. In multi-store businesses, several procedures differ from single-store...
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January 18th, 2019
From January 14th to 16th, the Quebec Sport Industry Sales Rep Association (ARISQ) presented its long-awaited event: The AX Fall / Winter 2019-2020. ARISQ supports representatives of retail sporting goods in Quebec. Created in 1991, this association organizes events that offer...
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