As follow up to the article on how to increase retail sales, in this article we will discuss six more ways to excel in retail sales. The ways and means described below are time-tested and have yielded results when planned and implemented right.
BPM Blog - Business Process Management
With growing competition in the supermarket business, growth and expansion have also become proportionately difficult. Planning a supermarket expansion project now entails a multi-dimensional approach.
The competition in the eCommerce space across the world is growing in intensity with every passing day. The situation is no different in India with several global retail chains and eCommerce companies expanding their operations in the country.
With COVID-19 news now occupying the front page of every print and digital media publication, this notorious threat needs no introduction and it is all set to give the world economy a big jolt at the very beginning of this decade.
The eCommerce industry has truly and fully arrived. A report published by UNCTAD found that the industry is estimated to be worth $29 trillion. There is no independent country that has not been affected by this sudden upsurge in retail sales due to the convenience and reaches offered by retail eCommerce platforms.
Business complexities are rising in this increasingly connected world. Having an expert business process consultant on your side proves to be a huge competitive advantage.