According to the Federal Reserve report, consumers are showing signs of willingness to spend more by taking on more debt. Consumer debt has increased by $20.4 billion last November. With consumer borrowing increasing, it just might mean a step toward economic recovery.
A sales team makes or breaks a company. Players with the right skills, spirit and insatiable desire to win are a dream team come true for any business owner.
Truth is, building that team and keeping takes work. Motivation is the fuel that pushes performance and gets the results to propel your business to the next level. Motivation starts with a fire that comes from the heart and is stoked by incentives like recognition, appreciation and compensation. Read more
Are you currently planning on opening a specialty retail business selling out of a kiosk or cart in a local mall? Maybe you are thinking about starting a specialty retail business selling baby products out of a kiosk or cart to people traveling on air planes arriving and leaving the local airport? More and more professional people these days are deciding to operate a kiosk or cart in a local mall, airport, or other venue in preference to a retail store. This decision allows them to take advantage of the benefits of selling products through a kiosk or cart as thousands of people around the world have decided to do during the past few years. Read more
One of the biggest mistakes that retail businesses make when hiring employees is to believe that one size fits all. Businesses are different. Even in the same industry. You need to be clear about who fits within your organization. It is nearly impossible to hire a great retail employee without first understanding what makes a great retail employee.
It only takes 16 seconds for a customer to decide if they are going to stop and examine your product. With such a small window of opportunity, a successful kiosk must be interesting and organized so that customers can take in as much information as possible with a single glance. Even though signage is a vital asset, it takes more than just words to stimulate customer imagination. Read more
Today, kiosk and cart businesses are one of the hottest and quickest growing industries around the world. In United States, specialty retail sales are growing at six to eight percent annually, with sales in 2010 exceeding 1.5 trillion dollars.
Quite often these sales are generated by the energetic owners who interact with the public. Some people enter into this retail sector not realizing how much communication with the public is required. Read more
The mall Carts/kiosk’s are fast becoming popular as well as profitable options for small business owners. It is important for small business owners to choose merchandise that piques their interest effortlessly and quickly as operators generally sell to impulse buyers. How do you know which merchandise will sell the best? Specialty retail merchandise can be classified into key product categories. Read more
A sales cart or a kiosk is an affordable yet powerful way to promote the sales of a product or service. It can help achieve brisk sales at strategic points where customer traffic is high, and at the same time it serves as a strong visual advertisement for the product or service. The physical product display or demonstration can have a direct positive impact on a potential customer’s psyche, which a print or electronic media advertisement cannot match nor equal. It also helps achieve a dramatically high level of product and brand recall in the customer’s mind. Read more