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At Retailbound, we get to talk to a lot of entrepreneurs, inventors, and small suppliers. While most of them have good intentions, there are mistakes made before they become our clients. Here is our top ten list of common mistakes that potential retail suppliers make:
10. Getting advice from people who have little or no [...]
Green is the new black, or at least it is when it comes to purchasing decisions by consumers.
In the midst of consumers’ heightened attention to eco-conscious purchasing, television manufacturers are also facing tougher Energy Star guidelines from the U.S. Environmental Protection Agency, which is
encouraging lower power consumption in high-definition televisions.
According to a study commissioned [...]
Recently, we posted this question to our professional networks on Linkedin.com. Here are some more comments or suggestions from the group that we thought were helpful enough to post on our blog….let us know some other ways we can all bring fun and excitement back to the stores
• Good question … but do customers really want [...]
Recently, we posted this question to our professional networks on Linkedin.com. Here are some of the comments from the group that we thought were helpful enough to post on our blog….let us know some other ways we can all bring fun and excitement back to the stores.
• Host relevant events (for example, if the business is [...]
Product recalls are every retail supplier’s nightmare. Not only does it affect your relationship with the retailer, but it also changes the perception of how a customer views your brand and company. Also, product recalls affect any profits you may have made on this product. With the increased pressure to release new products in to [...]
This weekend, my family and I were up in Door County, Wisconsin. For those who have never been to Door County, you are in for a great time. This 75-mile long county combines pristine scenery with acclaimed performing arts, renowned galleries and shops, delightful accommodations and of course, some of the best food that the [...]
The challenges for a small supplier today are many. From meeting retailer’s vendor compliance policies to keeping the retailer competitive in the marketplace, there are plenty of issues that keep a small supplier up at night.
The trend among retailers, no matter their size is a thing we call “Vendor/Sku Rationalization”. As store traffic diminishes and [...]
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