Tag: items

How Can Your Small Shop Get Off To a Roaring Start?

Are you just trying to get your own shop or retail business off the ground? Do you have physical items to sell but don’t have the capital to open a brick-and-mortar store? With the latest iPad point-of-sale (POS) systems, you can sell your products, manage your inventory, show your products to potential customers, and even analyze your progress. This allows you unparalleled flexibility to alter your business strategy for the best results in today’s rapidly changing retail landscape.

Whether your own shop or retail boutique is still a glimmer in your eye or you’ve investigated avenues to making it a reality, you may not realize just how easy it can be to get up and selling. Renting retail space may not make as much sense during a pandemic, but there are other ways to get your products in front of your prospective customers beyond the online arena.

One such way is to investigate opportunities for popup store locations in your area. Farmers markets are great for this, but you need a location that’s equally effective in warm or cold weather. All across the country, malls are looking to repurpose themselves as their anchor department stores go bust. Many mall owners, noting the consumer trend toward buying local, are looking to fill these spaces with small-scale merchants like you. Combining a popup location when it’s cool with an outdoor spot when it’s warm could give you an effective high-traffic spot without shelling out what it would cost to rent, say, space in a strip mall or downtown location.

Get up and running

When you think of opening up your own store, you probably picture a daunting checklist as long as your arm and myriad expenses that would make launching such a venture unacceptably risky. But it doesn’t have to be that way. Today’s POS providers offer packages that can get you up and running for less outlay than you might imagine.

Part of the problem with traditional POS systems was that they were so cumbersome to learn that you could spend a month digging into their complexities and still be unable to perform some basic functions. iPad POS systems are far more intuitive, which means you’ll be able to take advantage of everything the system can do within hours, not days, weeks, or months. At first, you’ll barely be scratching the surface of your system’s capabilities, but as you grow you’ll be well served to take advantage of key features such as inventory management and customer tracking.

Optimize your inventory

The true power of today’s mobile POS systems lies in their ability to track your sales and help you manage your inventory based on your results over time. What do you sell the most and when do you sell it? What’s collecting dust? You’ll be able to view all of this at a glance, and more importantly, you’ll be able to take appropriate actions to load up on what sells and rid yourself of what doesn’t. If you do have an online store, most systems allow you to integrate your inventory management so that someone shopping online isn’t surprised that an item they want is actually out of stock because it was sold to a walk-up customer or vice versa.

Customer tracking and rewards

These days, customers have become accustomed to sharing some data with their favorite shops. This is especially true when they're rewarded for doing so. Forging mutually beneficial customer relationships takes time and can cost you a bit in the short term. However, in the long term, they can pay huge dividends not only in frequent repeat business but also when it comes to spreading the word about your shop on social media and among friends and colleagues. It’s never too early to start identifying and rewarding your loyal customers.

Fortunately, most POS software makes this easy. Simply by providing the phone number or email where they would like their receipt sent, you can start building a profile of their likes and dislikes. You can also use this info to send them promotional messages, though you will need to make sure they opt in to this service.

Customer tracking is a win-win. They win because you can use their preferences to recommend products in which they will likely be interested; you win because you can keep presenting them with products that they’re eager to buy.

If you do start building an email or SMS list, that’s an excellent way to reach out to them with a killer deal when things are slow, or to let them know about an item that you're sure they’ll want to see. Take care, though—it’s very easy to overuse these capabilities, which can drive customers away and turn them into brand ambassadors of the worst kind, former customers who tell prospective customers to stay away. However, done with the right touch, direct marketing programs can bring in a solid core of business on which you can expand.

Contactless payment

With the pandemic raging, no one is eager to touch surfaces outside their home. That’s why it’s so critical to employ a contactless payment solution. iPad POS providers charge a bit more for these card readers, but being able to loudly tell potential customers that you have this capability will pay for the additional expense and then some.

Setting up your own shop is far from a walk in the park, but with a solid plan and a simple iPad POS solution, it need not be nearly as complicated as it has been in the past.

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The Best Things to Charge on Your Credit Card When You’re Rebuilding Credit

If your credit needs rehabilitation due to late payments, accounts in collections or other negative items, it might be time to rebuild. Rebuilding your credit requires an understanding of your current situation, identifying past mistakes and implementing the right strategies going forward. Wise use of a credit card is one way to start. Surprising, right?… Read More

The post The Best Things to Charge on Your Credit Card When You’re Rebuilding Credit appeared first on Credit.com.

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A Parent’s Guide to Setting a Successful Budget for a College Student

The post A Parent’s Guide to Setting a Successful Budget for a College Student appeared first on Penny Pinchin' Mom.

 You are getting ready to send your child off to college. Before you start helping them pack their belongings, there is one thing you need to do. You need to help them create a budget. You need to teach them how to manage their money so they can learn the tools they’ll use long after … Read More about A Parent’s Guide to Setting a Successful Budget for a College Student

The post A Parent’s Guide to Setting a Successful Budget for a College Student appeared first on Penny Pinchin' Mom.

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What is a Storage Unit?

A storage unit can be to declutter or downsize.

The post What is a Storage Unit? appeared first on Apartment Living Tips – Apartment Tips from ApartmentGuide.com.

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10 Under Sink Storage Solutions You Need in Your Life

Declutter under your sink with these storage hacks.

The post 10 Under Sink Storage Solutions You Need in Your Life appeared first on Apartment Living Tips – Apartment Tips from ApartmentGuide.com.

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Here’s Everything You Need to Set Up a Meditation Corner in Your House

Our homes should be oases of calm where we can retreat to from the hectic world we live in. But that’s easier said that done, especially since every corner of the house stands as a reminder of something we didn’t quite get to yet; whenever we walk past our desk, we’re being reminded that there’s […] More

The post Here’s Everything You Need to Set Up a Meditation Corner in Your House appeared first on Fancy Pants Homes.

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How to Throw a Bridal Shower on a Budget: A Guide for the Frugal Host

Create a memorable event without breaking the bank using these creative tricks.

The post How to Throw a Bridal Shower on a Budget: A Guide for the Frugal Host appeared first on Discover Bank – Banking Topics Blog.

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7 Inexpensive Home Décor Ideas

Fruit Bowls

Fill a large, glass bowl with citrus fruit for a bright centerpiece that’s especially good for the dining room table. Use whatever is on sale—lemons, limes, oranges, or a mixture.

Placemats

We love these unique placements for your kids: Buy an inexpensive or secondhand picture book, then pull out the pages and laminate them using laminating paper you can find at office supply stores. They’re waterproof, original, and cheaper than store-bought placemats.

Framed Napkins

For an easy, inexpensive decoration that looks great in any room, frame cloth napkins. Use family heirlooms, or find some beautiful designs suitable for framing at stores like World Market, Pier 1, or Target. Place them in some square frames and hang them in a row.

Homemade Message Board

Need a place to write notes for your family? Make a cabinet door scribble-friendly by painting it in either blackboard or magnetic paint. That way, you and your kids can use chalk to write on the “blackboard” or attach notes with magnets. Alternatively, hang cork tiles for a handy tack-on message board.

Plastic Cup String Lanterns

Here’s a creative decorating project for kids and adults like: You’ll need string lights, plastic cups, and various art supplies. First, decorate the plastic cups with colored markers, paints, glitter, googly eyes, or any other fun embellishments you can find at a craft store. Then, poke one light bulb into the bottom of each cup, so the light illuminates the cup from the inside. You’ll have a beautiful string of lanterns to hang in the playroom, a kid’s bedroom, the living room, hallway, or along a staircase.

Olde Time Idea

Make apothecary-style jars by gluing dollar-store glasses on top of candlestick holders. Use them in the bathroom to hold supplies like cotton balls, or decorate an end table with a few different styles. They’ll look just as good as the expensive kind without costing you a lot.

Clock

An easy way to add custom knick-knacks to your home is to buy clock mechanisms from your hardware store. These do-it-yourself clocks are just the hands and the motor, and allow you to add them to household items, turning them into clocks. Add them to tins, plates, photos with a cardboard backing, or just about anything else in your home. All it takes is a little creativity!

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Photo by Who Knew?

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5 Things You Should Pay Premium for as a Homeowner or Renter

Being a homeowner on a budget is nothing to be ashamed of, if anything, most people prefer to keep their expenses low, especially after recently purchasing a home! But,there are some things you shouldn’t cheap out on, and we’ve got you covered.

The post 5 Things You Should Pay Premium for as a Homeowner or Renter appeared first on Homes.com.

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