small business

Retail Vendor SOS: The Easiest Mistakes to Make.

Happy Tuesday retail-minded friends! Hopefully you are back in the swing of things after the holiday weekend. Today we are going to discuss some of the most common, yet detrimental, mistakes that are made by entrepreneurs and inventors hoping to becoming retail vendors. These mistakes can cause a serious road block in getting on the…

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Interview with Cindy Alton: Founder of Cindy Alton Designs

Hello retail-minded friends! As promised, today we are going to publish an interview we held with Cindy Alton, founder of Cindy Alton Designs, right here in Chicagoland. Cindy is a graphic designer with years of experience in the field, providing services ranging from logo creation to packaging design. We were lucky enough to catch up…

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The Marketing Dilemma: In House vs. Outsourced Marketing

Marketing is one of the largest industries in business.  It seems that almost everything could benefit from the use of marketing. One industry where marketing is indispensable is the retail industry. A product without the correct marketing strategy might as well not even be a product. Marketing is what gets a product recognized, gets the…

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Challenges Across the Pond

  Welcome back to The Retailbound Blog! Hopefully you enjoyed our interview with James Yu of SimplyGlobo Inc. this past Tuesday. Throughout the summer, I will be conducting various interviews with other knowledgeable business professionals, so be sure to keep reading our blog as to not miss out on what we anticipate to be extremely…

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SimplyGlobo Interview: James Yu, Founder and CEO

Happy Tuesday retail friends! As promised, this week I will be publishing an interview that I held with one of Retailbound’s clients, SimplyGlobo, who were ranked #163 on Inc Magazines 500 fastest growing companies in 2013! For more information on this ranking, click this link for a more comprehensive idea of how companies make and…

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Marketing: A Necessary Evil

Happy Tuesday retail friends! First things first: unfortunately, our interview with James Yu of SimplyGlobo will be posted NEXT Tuesday, but have no fear, I have lots of great content to share with you in the meantime!  Today I want to talk a little bit about the importance of marketing. Have you ever marvelled at…

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Winning Negotiations: 4 Tips for Suppliers

The average retailer is focused on their bottom line, and when it comes to suppliers, retailers will seek to maximize their profit margin and minimize workload and costs. As Tim Potter, a small business marketing expert based out of London, says, “A retailer is a bit like having a salesman who demands the highest bonuses,…

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5 Rising Social Media Marketing Trends

It’s easy for retailers to undervalue the importance of a successful social media strategy – after all, we didn’t get into this industry to sit around on Facebook and Twitter all day (hopefully). But lagging behind in social media can mean big losses for your business. WebDAM, a digital asset management platform for marketers, reported…

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Tips for Liquidating Inventory

Inevitably, every retailer has faced this classic dilemma: you bought too much stock of an item, a new model came out for merchandise you still have a significant amount of, you didn’t sell your entire holiday inventory, or maybe a product just isn’t moving as quickly as you’d like. Matt Konkle, President of Fifth Gear,…

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