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This review is part of our directory of buying groups/group purchasing organizations. Buying Group Name: Furniture Marketing Group Industry/Specialty (if applicable): Furniture Number of members: 100+ Website: http://www.fmgbuyinggroup.com/ FMG was founded in 1991 after the demise of Retailers Marketing Guild (RMG). The founding members of FMG wanted to create an outlet similar to RMG for …
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You’ve probably seen wait staff carrying tablets to let customers pay tableside, or noted the sleek, low-profile systems at trendy bars. While many smaller establishments use a tablet at the counter, Olive Garden, Panera Bread, and Chili’s are among the major restaurant chains using them at tables. These tablets allow diners to view menus, order …
Tablet POS Systems for Higher Checks and Faster Turnover Read More »
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This review is part of our directory of buying groups/group purchasing organizations. Buying Group Name: ProSource Industry/Specialty (if applicable): Consumer electronics/home entertainment Number of members: 500+ Website: http://www.prosourceinfo.com/ In 2008, the two groups formed a strategic alliance, and by the end of 2010, they officially merged to form ProSource. As of 2016, ProSource does over …
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This review is part of our directory of buying groups/group purchasing organizations. Buying Group Name: Nationwide Marketing Group Industry/Specialty (if applicable): Appliances, furniture, electronics, custom installations Number of members: 3,500+ Website: http://www.nationwidegroup.org/ How does this group work? Surprisingly, there isn’t very much information on the group’s website about how it works. An interview with a …
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Jump to Resources for the margin calculator. You know the margin has to cover a lot more than you and your employees’ salaries. Everything your business does, all the money it spends, from utilities to credit card processing, comes from that sliver of income. It’s vital to understand exactly what your costs and expenses are …
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Consumer Reports published a survey of how consumers feel about self-checkout. The top complaint of the 62,917 subscribers surveyed was too few open checkout lanes. Nearly 75 percent of respondents liked self-checkout’s ability to save time. We decided to delve into the self-checkout lanes to determine the good and bad. Here’s what you need to know. …
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With a good understanding of your costs, margins, and sales, you can calculate exactly how long you’ll be able to stay in business. More importantly, you can use those figures to make informed decisions so you can survive longer, and get a plan in place for achieving profitability. Defining Profitability First, let’s define profitable. At …
Before Profitability: How Long Until You Run Out of Money Read More »
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A few years back, PayPal reached deals with Visa, Mastercard, and First Data (now Fiserv) that enabled easier payments offline using PayPal. Those agreements came as Apple Pay began ramping up its use in online transactions, PayPal’s bread and butter, so it’s no surprise the company began taking in-store payments more seriously. Let’s take a …
Using a PayPal Account In Store: Cards and the PayPal App Read More »
