Author: Manish Chaturvedi
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When Cloud technology clears the path
In this year’s first issue of CitiXsys Retail Insights 2015, we’ve taken up why the Cloud is the way to go for retailers. Especially for large-scale enterprise retailers, cloud-based applications may as well be the only solution which would enable them to be as flexible, adaptable and infrastructure-minimalist as they aspire to be. The cover…
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Mobile POS Coming to Forefront
Globally retail stores are beefing up their sales capabilities ditching the old-fashioned point of sale machines and having salespeople — and even shoppers themselves — ring up sales on smartphones and tablet computers. Barneys New York, a luxury retailer, this year plans to use iPads or iPod Touch devices for credit and debit card purchases…
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Content Management in iVend eCommerce
Success of an eCommerce platform largely depends on its aesthetics, ease of use and most importantly the content management module. Content is closely tied to all of the processes such as display, order management, inventory, promotions etc. and so content management plays a fundamental role in Internet-based commerce. The ability to easily update, add to…
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Perk up Loyalty to drive sales
Loyalty programs are known to increase both the value of customer relationships and revenue for businesses. A recent study by AC Nielsen shows that 60% of consumers consider loyalty programs an important factor in their buying decisions. And customers spend 46% more with brands that deploy loyalty programs on average. But what makes loyalty programs…
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Forecasting: Maximizing Retail Revenues
Sales forecasting is a crucial part of the financial planning of a retail business, essentially is the process of estimating future business’s sales. A forecast is based on historical sales data and is done for a particular period of a time in the near future, usually the next calendar year. A sales forecast enables a…
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Merchandize Hierarchy and its relevance in planning
Every retail organization, regardless of its size, has a merchandise hierarchy for all the goods. A Merchandise Hierarchy is a reporting structure under which sales and inventories of products are tracked and managed. The function of the merchandise hierarchy is to categorize products and is NOT intended to describe product or classify organizational, production or…
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Specialty Retailers turn Customer Centric and Profitable with Mobility
The hype-to-reality transition of mobility in retail has been the fastest in the recent times. Ever since Apple started using mobile devices in their stores, which was not too long ago, retailers started taking notice. Today retailers expect the same level of customer experience that one would experience in an Apple store. Retail Applications like…
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iVend Retail Summit – 2013
iVend Retail Summit, 2013 was a resounding success. The partner event which spanned for 3 days had a good mix of sessions covering growth drivers by Kamal Karmakar, CEO CitiXsys Group of Companies and interesting sessions on the new innovations, product trainings, product roadmap for iVend Retail Management Suite and informative sessions on Marketing and…
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How iVend Retail Can Help Footwear Retailers
Fashion Retailers in general and footwear retailers in particular are faced with additional challenges. Fast changing fashion trends, an extremely cost sensitive consumer, stiff competition from departmental store with well-appointed shoe departments; discount shoe stores and outlets, as well as general merchandise discounters such as Wal-Mart, exert additional pressure on the footwear retailer to remain…
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Simplyfying Retail for Electronics & Digital Stores
Mobility is indeed a buzzword these days and the biggest beneficiary of this boom is the retail industry. Powerful, feature rich Smartphones & tablet devices in the hands of the consumers coupled with much improved Internet technologies are forcing the retailers to adopt mobility in their business environment. Retailers are today extending brand & product…