Retail as a business has evolved from the traditional high-volume-low-margin model to accommodate the growing low-volume-high-margin model. Especially in testing economic times, retailers are always on the look out for solutions that will help them improve their operational efficiency, for earning better profits. However, an economy with a penetration of 5-6% for organized retail, offers unlimited opportunity for growth. In saying so, below are some of the business challenges that needs be addressed.
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Retailers are abolishing traditional way of doing business and are constantly in look out for solutions that are more dynamic and innovative. |
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Retailers have also started exploring Multi Channel retailing for better reach to consumers and thus, looking for a single platform through which all their business can be operated. |
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Retailers today want data on real time basis to take effective decisions to improve customer experience. |
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Retailers are in need of a solution that will cater to their accounting needs. |
"Number one, you can sell before you buy. We call it reverse e-commerce. You take a picture, you list it for sale, you sell it, you collect the revenue, then you go buy it and send it to the customer." |
Retailers are in need of a solution that will cater to their accounting needs With such high expectations set from the retailers, it is prerogative that any organization interested in offering retail solutions inline with such expectations, should have the capability to deliver on these. VenX team have, over the years, developed robust solutions that are capable of delighting the customers, time and again. |
VenX being in the right environment to utilize this lack of universal solution, offers you an opportunity to partner and grow with it.