Retailers need functionality beyond simply processing payments in today’s competitive landscape. Retail POS systems must also have robust inventory control, multichannel sales tools, streamlined customer relationship management (CRM) features, and insights into which products and employees perform the best. The best retail POS systems offer all these functions, plus contactless payments and mobile sales features…
FedEx vs UPS vs USPS: Shipping Rate & Reliability Comparison for 2022
Shipping companies and carriers deliver products to merchants and customers alike. When comparing FedEx vs UPS vs USPS, you should consider cost, speed, and service. Each carrier is reliable, offers affordable options if your package doesn’t need to arrive quickly, and allows you to pay more for speed. Most small packages ship for less than…
How to Detect Counterfeit Money: 8 Ways to Tell if a Bill Is Fake
Counterfeit money is currency produced by someone other than the government intended to deceive the recipient into believing it is authentic. The Secret Service seized over $505 million in counterfeit currency in 2020 alone. The Bureau of Engraving and Printing designs and produces Federal Reserve Notes to include a number of security features. Counterfeiters can…
IT Retail Review 2022: Is the POS System Right for Your Business?
IT Retail is a point-of-sale (POS) system by grocers for grocers. It has been around for over 28 years and is used by thousands of groceries, markets, butcher shops, general stores, and specialty retailers nationwide. With open-source software designed for optimal checkout flows, a selection of hardware built for speed and convenience, and competitive monthly…
Order Fulfillment Costs: Fulfillment Services Pricing Explained
Third-party order fulfillment companies charge retailers a monthly set of fees based on the services used to fulfill their orders. As a retailer, the total cost owed to your partner fulfillment company mostly breaks down into four fees: inventory receiving, storage, pick and pack, and outbound shipping. The periodic cost of each of these processes…
How to Accept Credit Card Payments Online in 2022
If you own a small business, setting up your website or online store to accept credit cards online is a crucial step in growing your sales and customer bases. In the third quarter of 2021, ecommerce sales made up 13% of all retail sales, according to the U.S. Census Bureau, and that number is only…
How to Set Up a Mozello Online Store in 5 Steps
Using Mozello to create an online store is easy, and it’s free. The ecommerce site builder offers dozens of mobile-friendly site templates to get you started with your online store design. Its WYSIWYG editor lets you change or add with just a click, and you’ll see the changes immediately. Mozello is a unique ecommerce website…
5 Best Multichannel POS Systems for 2022
A multichannel POS system enables businesses to sell in-store, online, and on the go—all from a centralized program. Each of the multichannel POS software mentioned in this guide offers unified inventory, customer, and order management tools. The best systems are those that connect to several online sales channels and other business management software for under…
SKU Numbers Explained: Ultimate Guide for Small Businesses
A stock keeping unit (SKU) is an alphanumeric code that identifies a product and helps you track inventory for your retail business. You can create SKU numbers manually or using inventory management or point-of-sale (POS) software. SKU numbers print on your product label along with the product’s universal product code (UPC) and other product information….
How to Organize Inventory for Small Businesses in 8 Steps
Inventory management is the process of having the right products, in the right quantities, at the right time to sell to customers. Accurately managing inventory can increase revenue by preventing stockouts, excess inventory, and unsold products. When learning how to organize inventory for small businesses, the easiest solution is to use a software program to…
6 Best Order Fulfillment Companies for Small Businesses in 2022
The best order fulfillment companies offer functional processes and special services at a good value with no order minimums. Some fulfillment warehouses cater to small sellers and startups, and most offer specialty services like batch fulfillment, secure storage, oversize shipping, or international sales. The best fulfillment services for small businesses are: : Best overall order…
Shopify Pricing Plans for 2022: How Much Does Shopify Cost?
Shopify is our top pick for the best ecommerce platform for small businesses because of its ease of use, robust features, and scalable yet affordable pricing plans. If you’re starting an online store using Shopify, then expect to pay $250 to $500 in startup fees and around $50 to $100 in monthly fees at the…