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Lightspeed Retail POS (X-Series) can help you deliver a better customer experience that could lead to repeat sales, better inventory management, and higher profits.
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Effective sales strategies for retail stores Creating promotions to get rid of inventory which sells slow is a part of any retailers job, however, many stores often wait until the last moment and use markdowns as their sales strategy. While having seasonal markdowns is an effective sales strategy, it can leave a big impact on
Inventory can be described as an investment because you only receive profits after the items have been sold. Slow moving inventory stops the retail store’s cash flow which is unhealthy for the business. Not only it’s holding the shelf space for items which are selling, it also becomes less and less valuable over time. Let’s go through some of the tips and tricks on how to manage your inventory better.