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Running a retail business is quite rewarding but it comes with its own challenges and risks. In this cutting-edge competition, differentiating your business from others can seem to be a difficult task but it’s not impossible.
With the help of proper management and a systematic approach, you can take your business ahead of your competitors.
The best thing is that you are lucky enough to conduct business in this tech-savvy era where there are so many apps available to solve problems related to your retail business.
Whether it is employee management, communication with customers, or Suppliers Management Software, everything can be done with just a swipe, touch, or a press of a button.
You might be confused about which app would be useful to you and which one not. After all, you cannot download each and every app to check its functionality.
To ease your job, we have listed down the Top 10 Apps which can help you manage your retail business Effectively, Efficiently, and Accurately.
Are you spending too much of your time tracking your business expenses and reconciling your accounts?
Then you really need to consider Xero’s automated features which can make your task of managing your business transactions easy. With the help of Xero, you can create and send invoices to your customers using your mobile.
With its bank reconciliation feature, you can import your bank credit card and Paypal transactions helping you to keep track of your financial transactions from a single dashboard.
Customers are the lifeline of your retail business. What if they buy once from your store and do not come back again? Yes, that would be an obstacle to the growth of your business.
70% of buying decisions depend on how the customers are treated after they have done a purchase. Build a strong relationship with your customers and get repeat business from them with the help of Collect.
It helps you in creating personalized rewards based on the customers’ purchase history. Send your customers to push notifications and inform them about their rewards to encourage them to buy more from your retail store.
Knowing your consumer behavior definitely helps in taking smart decisions for the future. RetailNext is a solution that gives you information about your customers and how to engage them as well as convert them.
It is an in-store analytics solution that provides you the complete information about your shoppers and store so that you can take smart decisions and enable more traffic.
It can get integrated with POS systems, promotional calendars, staffing systems, payment methods, etc. to give you the accurate data required to excel in the online retail business.
Missing out on an appointment or an event can have an adverse impact on your business. With the help of Calendar, you can schedule your meetings, and customers’ or staff members’ events like birthdays anniversaries, etc.
In this stressful life, it becomes quite difficult to remember the events. So, Calendar can help you in having a systematic approach and fulfill your commitments. You can view the events based on day, week, month, or year with a few swipes and taps.
It is an extremely user-friendly app that would make your job of remembering events easier so that you can concentrate on your core business.
With the help of DropBox, you can share almost any important file with your customers, associates, staff members, etc. Due to its outstanding storage features, you can upload and access files from just anywhere.
The best thing is that you don’t need to sit before your computer to transfer files. You can do that with a few taps and swipes on your mobile phone even while you are traveling.
This application is a time saver for online retailers wanting to calculate inventory turnover, shift hours, money conversion, etc., required in any retail business.
No more using complicated formulas. All you need is to input the numbers and press enter. Take important business decisions with the help of quick calculations and take your business to next level.
Sinking in Post-Its or notepads? Switch to Evernote and keep all your notes, links, lists, and miscellaneous content on the cloud. The app syncs across multiple devices and platforms (desktop, web app, mobile app) so you can access and edit your notes from anywhere.
It even has a search feature that lets you find the info you need with just a few taps and swipes. And unlike Post-It notes, the app doesn’t just let you create notes in the form of text. You can also use it to capture images and sounds.
This is the most trusted retail news app which can give you information related to the latest retail industry trends, stories, and headlines. You can even store the news items and go through them when offline.
Obviously, you can grow your online retail business, only if you have the latest information about the current market trends.
Clear and precise communication is the key to the success of any business. There are many crucial things in the retail business that needs to be communicated in a prompt manner. Many times you require face-to-face communication with your clients, staff members, suppliers, etc., in order to avoid confusion and misunderstanding.
Skype is an excellent application through which you can communicate with people all over the world through instant messaging, and voice and video calling either free of charge or at a very cheap rate.
Share and schedule posts from your Twitter, Facebook, Instagram, and LinkedIn accounts all from one app. Grow and engage your audience using Hootsuite’s robust social media listening tools. You’ll always be up-to-date and truly connected to your customer base.
We hope that after going through the above information, you would be able to select the right apps for your online retail business.
Please let us know in the below comments if we have missed out on any application which is highly useful in managing online retail business and is one of your favorites.