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Innovative Ways - Satisfied Clientele
Kapil Panchal - December 29, 2022
There are many ways that retail and wholesale business models differ from each other. Retailers sell products directly to end consumers at retail prices. There are no minimum order quantities. Customers can purchase a single unit or multiple units. Wholesalers, on the other hand, sell to retailers rather than consumers. Wholesalers sell products at a lower price per unit than retailers because they sell in larger quantities. Though they serve the same purpose they differ when it comes to selling...
Kapil Panchal - December 29, 2022
Software companies are flourishing, with new ideas and tools being developed to help businesses compete in the market. Smartphones are one of those which brought a drastic change in businesses today. With the number of users that can be reached through a single app, it is not hard to see why this technology field is booming. Statistics show that there are more than 6.6 billion mobile phone users in 2022, representing a 4.9% rise in yearly usage. This demonstrates the popularity of mobile platforms...
Kapil Panchal - December 28, 2022
E-commerce stores are essential for Retailers as they allow them to reach global audiences quickly and effectively. Being available online 24*7, they allow users to access various products anytime, anywhere on any device and shop them comfortably. Moreover, they provide users with detailed product information and reviews before making a purchase. Maintaining an e-commerce site may be inexpensive at first, but as the business grows, so does the complexity and expenditures. Therefore, proper...
Kapil Panchal - December 26, 2022
Reducing operational costs is important for e-commerce businesses because it can help improve profitability, competitiveness, and customer satisfaction, which are the key factors for success of an e-commerce business. This would help them to invest in marketing and other essential activities to increase their customer base. Periodic evaluations are essential for increasing sales, improving returns, and increasing customer satisfaction. Adopting new technology and applying data analytics is...
Kapil Panchal - December 19, 2022
The success of Retail businesses now heavily depends on online e-commerce sites. This is because consumers are more likely to prefer online shopping rather than physical stores. The use of mobile devices to access the internet has significantly increased in recent years. You may be surprised to know that around 1 million new smartphones get into use every day (on average) which simply states how much consumers rely on online shopping. According to Statista, there were over 15 billion mobile...
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