Retail business surely promises huge return on investment for entrepreneurs in Tier I and II cities. But small towns are no less of a profit ground when it comes to retail. Here are 8 retail business ideas for small towns.
Having a well equipped warehouse to store products and peripherals is very important for any retail brand. Technology has undoubtedly enhanced the process of storage and supply chain, but can robotics technology be the next big thing? Let's find out.
It doesn't take much time for a brand's store presence to make or break the deal. When brands are taking the tech road to adopt latest technology in their stores, some still believe in expanding through shop-in-shop format. Let's find out why.
Loyalty programs few years ago revolved around a simple rule -the more you spent, the more loyalty stock you gain. It's now a tech-tool to retain young customers. A brand with right reward rule can be a success criterion to long term value in retail.
From understanding a customer's buying behavior to helping them buy what they like, technology has changed the shopping experience of a tech savvy customer. But is technology helping retailers analyze customer satisfaction? Let's know more.