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Stockout is when a business runs out of inventory for one or multiple products. When a stockout occurs, a business can’t sell or ship those products to customers. Stockouts’ most obvious negative impact is lost sales, but that’s not all.

While it may sound like it takes specialized skill, retail merchandising can be quite straightforward. At its core, it involves figuring out what your customers are most likely to buy and arranging your in-store displays to encourage those purchases.

Demand planning is the key to balancing supply and demand. Learn how it ensures efficient operations and satisfied customers.

Discover 11 effective pricing and marketing strategies to ensure your year-end sale is a resounding success.

Letting customers experience products firsthand boosts confidence and sales. Discover 7 ways to create memorable in-store experiences that stand out.

Barcode scanners do more than streamline checkout; they’re essential for precise inventory management. Discover how they help track stock levels, reduce errors, and improve operations.

As the year comes to an end, you can prepare your small business for a smooth transition into the next year. You can use all the successes and lessons from your past several months of business to reach new highs next year.

Product bundling is a smart strategy that boosts sales and enhances customer satisfaction by offering more value.

Discover how cross-selling and upselling can drive more sales and enhance customer satisfaction. This comprehensive guide explores strategies, tips, and the importance of inventory management for success.

This is your moment to connect with your community, draw in new customers, and remind loyal shoppers why it pays to shop small. Make the most of Small Business Saturday (SBS) 2024 with these tips and techniques.