Monday, August 14, 2017

How Small Businesses Keep up in a Shifting Retail Landscape



BUSINESS SOLUTIONS From corner cafes to your local locksmith, retail technology is the key to omni-channel retail. Put another way, mobile retail has arrived.    
It wasn’t so long ago that anytime I wanted a new sweater or needed to buy a birthday gift for my husband, I went to the local boutique down the street or shopping mall nearby.  How times have changed.



Mobile shopping takes flight

By the time you’re reading this, there’s a good chance you’ll be well on your way to checking your mobile phone for the 50th time today — nearly the national average. But your phone is no longer just a device; it’s a mobile behavior, and one that now is changing the way people shop.

And the way small business retailers connect with their customers.
Want proof? In 2016, Black Friday became the first day in retail history to drive over $1 billion dollars in mobile revenue — at $1.2 billion, a 33 percent growth year over year. By Christmas Eve, more than $17.6 billion was spent on mobile, making up one out of every three purchases.

What to focus on

So how can small business retailers capitalize on this shift to mobile to achieve their number one goal of finding and attracting new customers? It starts with leveraging the mobile phone to be their local advertising and sales solution.
The first step for businesses to optimize for mobile is to use Facebook and Instagram’s business pages. With a mobile business page, smaller retailers can enjoy special features to showcase their merchandise without having to build out or manage an entire website.

Take Kay’s Designer Consignment in Florida. After more than 10 years in a brick and mortar location, Kay closed her shop to run her business entirely on Facebook. Now she showcases her new products on her Facebook page, and even takes and process orders through the platform.


Author: KATHERINE SHAPPLEY

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