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YourRetailCoachae's Blog (15)

How SOPs and Business Automation tools can help Businesses to Increase their Revenue

The new-age technologies and unique business models have undoubtedly influenced consumer behaviour and created new, unique platforms for businesses to grow. Cutting-edge innovations have eased business operations and provided convenience to the customers. However, surviving your business in this competitive world is not that easy. It requires efficiency and proper strategic decisions along with proper use of technology and software to make your business flourish. Therefore, a balance between…

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Added by YourRetailCoachae on October 21, 2021 at 8:58am — No Comments

Grocery Marketplace Business Model Pros and Cons

Grocery retailing is changing, and in this new digital era – digital Grocery or Grocery Marketplace is the new edge.

A grocery marketplace business model ( https://www.yourretailcoach.ae/fmcg-e-grocery ) is one wherein,

- > There is a platform – which is managed by the platform owner

- > There are multiple varieties of groceries sold

- > By more than one seller (that is a multi-vendor platform),…

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Added by YourRetailCoachae on October 21, 2021 at 8:37am — No Comments

Best E-commerce Strategy Consulting Firms in the MENA Region

Many businesses are unsure of how and when to put more power into their e-commerce businesses. E-commerce implementation requires substantial consideration as it will have a long-term impact on your business. Hiring the right eCommerce strategy consultant will help you streamline your functional operations and ensure the best possible ROI (Return on Investments) on your business model. It is crucial to give…

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Added by YourRetailCoachae on October 21, 2021 at 8:30am — No Comments

How to Start an e-SuperMarket

In this tech-driven world, people look for ease and convenience when they are shopping for products. The e-commerce industry is the new normal for the millennial generation and the trend of shopping online for clothes, electronic devices, and even grocery and essential items can be seen. In times of pandemic, it is an eGrocery business…

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Added by YourRetailCoachae on October 21, 2021 at 8:27am — No Comments

How can you Succeed in the Supermarket Business

Grocery stores are facing more competition than ever. With continuously fluctuating market conditions, due to technological advancements, growth of online grocery, the changing consumer behaviours and high expectations in quality standards, supermarkets need to have a new edge to thrive against growing competition against national chains and global online giants like Amazon. These changes in consumer behaviour around value, online, and lifestyle brackets have created a vast opportunity for…

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Added by YourRetailCoachae on October 21, 2021 at 8:16am — No Comments

Premium Grocery Supermarkets: Shaping Grocery Shopping to Experience Centres

Grocery Supermarkets are evolving. This is primarily due to the onslaught and impact of the e-commerce channel which is eating up the share gradually of typical brick and mortar stores. Coupled and fuelled by the impact of Covid – eCommerce has more than doubled its speed for growth and the recurrent lockdowns and closures add only woes to the grocery supermarkets. Customers have shifted their focus towards online, value for money, and lifestyle agendas.

Even before Covid hit grocery…

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Added by YourRetailCoachae on October 20, 2021 at 5:28am — No Comments

How to Start an Online Furniture Business

This article would explain to you how to start an online furniture business by understanding what are the challenges faced.

1. What are the challenges faced while starting an online business

Starting a furniture business online can pose a few critical challenges – owing to the niche segment of this business. Let us try to identify them:

· Understand your Target Audience and know where the demand is?

Right at the beginning, we need to define our Segmenting –…

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Added by YourRetailCoachae on October 20, 2021 at 5:23am — No Comments

Why did Swiggy stop the grocery marketplace?

In the wake of the dreadful coronavirus – which outbroke in India in the early part of 2020 – a lockdown was implemented from about mid-March 2020. In the unprecedented move – a lot of us were left baffled and with no choices for groceries and daily essentials. It was then that the like of Swiggy picked up the need and started to onboard grocery stores as Swiggy Grocery Partners and service the urgent and pressing needs of customers. The model by which Swiggy operated was a hyperlocal…

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Added by YourRetailCoachae on October 20, 2021 at 5:16am — No Comments

Furniture E-commerce: Future of Furniture Industry

The furniture retailers globally clocked a 545.78-billion-dollar business turnover across the world in 2020 (about 42 billion dollars were contributed by the eCommerce furniture Industry). From 2021 to 2027, the overall industry is expected to grow by a CAGR of 5.4%, turning into a 785-billion-dollar industry by 2021. Out of this, 785- 647 billion dollars are expected to be driven by the predominant traditional route. While the e-commerce channel would contribute around 138 billion dollars.…

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Added by YourRetailCoachae on October 20, 2021 at 5:06am — No Comments

ECommerce could transform homoeopathy pharmacies and clinics - YRC

“Similia Similibus Curentur” or ‘Let likes be treated by likes' or the law of similars is the principle behind homoeopathy. Since the discovery of homoeopathy in the late 18th century, the practice has spread across many countries in the world. Today, India is one of the leading markets for homoeopathic treatment and medicines. Other emerging markets include the UAE, Singapore and some pockets of Canada, the United Kingdom and the United States. These are also the markets where…

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Added by YourRetailCoachae on August 6, 2021 at 11:10am — No Comments

HOW TO START AN ECOMMERCE BUSINESS IN SAUDI ARABIA

There has been a global rise in online shopping and the ecommerce business has become a popular venture in recent times. The shift from retail business to online business has been more prominent due to the COVID-19 pandemic and frequent lockdowns. The consumer’s buying habits and trends have also upgraded with…

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Added by YourRetailCoachae on August 6, 2021 at 11:00am — No Comments

Why Create Operations Manual for Franchise

The operations manual primarily acts as a guide for your franchisees to follow. However, preparing a franchise operation manual is not that easy as it may sound.

To make your food franchise business successful in countries like Dubai and Saudi Arabia, you need to spend a good amount of time in the creation of a powerful operations manual.

First and foremost, you must know that creating an effective fast food franchise operation manual does not happen overnight. Moreover, you need…

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Added by YourRetailCoachae on May 6, 2021 at 2:27am — No Comments

How to Write a Franchise Business Plan

A franchise business plan defines the expectations of a new business, at the same time helps in anticipating various challenges that you might face. Thus, developing a franchise business plan is the most crucial exercise especially if you are going to be a franchisor in Middle East countries like Dubai and Saudi Arabia.

Writing a franchise business plan becomes important if you want financing from any third-party source as this would be the first document they would ask you for. The…

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Added by YourRetailCoachae on May 6, 2021 at 2:00am — No Comments

How To Franchise A Restaurant? How franchising can help restaurant business grow?

Franchising a restaurant is one of the most effective ways to expand the business and to increase the profits wherein the franchisor gives the licence to Franchisee to use their trademark, business model, and sell products under their brand name.

How Franchising Can Help the Restaurant Business Grow?

Most of the time, people believe that franchising a restaurant would be a very arduous process. However, it is not the case, in fact taking the franchising route can help your…

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Added by YourRetailCoachae on May 5, 2021 at 9:23am — No Comments

Scope of Beauty, Cosmetic E-Commerce Business in Middle East Region

The Middle East Region is going to be the next big growth market for e-commerce primarily for the beauty and cosmetic business. The Middle East countries are being promoted as the market that’s set to rise exponentially within the next few years when it comes to the beauty and cosmetic e-commerce business.

The reason why beauty is driving towards e-commerce in the Middle East is the mere fact that the customers in this… Continue

Added by YourRetailCoachae on May 5, 2021 at 7:37am — No Comments

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