Posts Tagged ‘vendor’

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…

Read More

The Often Forgotten but Ever Important After-sale Support

Hello Retail-minded friends! Happy Thursday! Today we are going to talk about the every necessary, but often forgotten, after-sale support. The most obvious concern of manufacturers and entrepreneurs is actually getting their product in stores, but what about what comes after that? For those who think that it is as simple as shipping your product…

Read More

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…

Read More

Are You Retail Ready?

Happy Tuesday retailers! I hope you had a relaxing Memorial Day Weekend, but now it is back to all things retail. Last weeks blog was focused on figuring out how to price your product for ultimate success, and all the factors which must be taken into consideration before a price can be decided upon. If…

Read More

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,…

Read More

Choosing a Distribution Model: Drop Shipping vs Traditional Inventory

Welcome back, retail enthusiasts! One of the topics that consistently comes up in the retail world is the logistics of shipping. From the manufacturers, to the distributors, to your retail store – there are many factors and unexpected costs to consider during the shipping process that can be often overlooked. As Robert Gilbreath, VP of…

Read More

How to Maintain a Positive Supplier Relationship

Welcome back retail enthusiasts! Last week we talked about how to find your perfect vendor partner – a supplier you can rely on for a successful, long-term partnership. But what if you’ve already found your vendors, how can you know that they are the best fit for your business? That’s what we’re talking about today…

Read More

Creating a Vendor Partnership

All businesses, no matter their size or focus, rely on their suppliers. But many businesses do not know how to thoroughly evaluate and maintain this critical business relationship, which can cause a discrepancy between your expectations and a vendor’s abilities. A mismatch between your needs and a supplier’s offerings can add costs, delays, and ultimately…

Read More

Tips on Opening a Successful Mall Kiosk

Welcome back retail enthusiasts! We’ve all been out at the mall and walked by dozens of mall kiosks and carts, and many of us have stopped to make planned or impromptu purchases. Mall kiosks can be a lucrative venture for many retailers. These venues have low startup costs, especially compared with opening a new storefront.…

Read More

RETAILBOUND NEW YEAR GIVEAWAY

Have you been looking to improve or expand your business? Need some advice on how to bring your product to market? Then we’re what you’ve been looking for and for the first time ever we’re giving away five (5) FREE one-hour long sessions to help your business kick off 2014 right! Here at Retailbound, we…

Read More