Press Releases from YourRetailCoach Dubai (18 total)
Starting an online business in Dubai: Retail Consultants YRC shares insights
According to the UAE Digital Media Statistics Report, Dubai has one of the highest rates of internet penetration in the world and it has the most online shoppers. The high volume of traffic and goods movement in Dubai is due to its infrastructure. However, for an online business to be successful, a few factors need to be taken into account. To start an online business in Dubai, follow these steps:
1.…
Business Intelligence: Dashboard Software for your Business
Business Intelligence is the technical infrastructural stage that collects, stores, analyzes and visualizes the data transactions made by the company's activities. It is a broad term that is held within data mining, analysis of the process, performance benchmarking, and descriptive analytics. BI resolves all the data generated by a business firm ( https://www.yourretailcoach.ae/services/business-model-development/ ) and presents easy-to-digest reports, performance measures, and trending parts that inform the decisions of the management…
How to identify "Niche" for your Ecommerce business?
Having a niche very important. Niche is very important like a magnet for the business.
Good niche is the X factor. Other important factors:
Industry
Brand
Audience
How Can I Find My Niche Audience?
1. Analyze your Product
For example, if your brand provides services in the retail sector, you should consider who these services will benefit most. Are you a company or an individual? B2B, B2C, or the latter? It is worth digging deeper…
Best Business Intelligence Tools (BI Tools) Of 2022
Organizations usually collect significant historical data and present data sets to make actionable and accurate decisions. This operational data collected through business operations ( https://www.yourretailcoach.ae/services/business-plan-development/ )can be analyzed with the help of certain software, typically known as business intelligence tools (BI tools). These tools can help with many factors, be it internal process, operations, risk management, supply chain logistics, and predictive analytics, thus transforming the overall business.
In simple terms,…
Choosing an E-commerce Platform that will Increase overall Efficiency
The outbreak of the Covid-19 pandemic and subsequent lockdowns that followed to curb its spread came as a blessing in disguise for e-commerce businesses and start-ups providing e-commerce consulting services.
Many brick and mortar retailers scrambling to serve their customers effectively during this pandemic took their business online in order to serve them in the best possible way during this crisis of unprecedented nature. This also helped them to retain their…
Countries within the MENA region, where you can start Ecommerce business without …
When it comes to ecommerce business with our company , the advantage of businesses is that they can be managed virtually, from wherever you are two ways in the MENA region from your region called Cross border ecommerce ( https://www.yourretailcoach.ae/cross-border-ecommerce ). It can be your warehouse and orders from your country or orders from MENA. As a result of the latter, delivery turnover is fast, and the customer gets the…
Fulfilment operations: the heart of customer experience
Over the last decade or so, the eCommerce business has matured a lot. The battle within the eCommerce space has gotten intense now. Gone are the days when eCommerce just took its nascent baby steps – to now compete on finding robust cutthroat innovative approaches to attract new consumers and keep existing customers satisfied. A dedicated effort is put into making the customer experience as seamless and delightful as possible.…
360 million dollar acquisition of InstaShop by delivery hero
The E-commerce sector is one of the rapidly growing industries in the world. To attain a competitive advantage and economies of scale, mergers and acquisitions have been a sure-fit way for most eCommerce companies globally. With lots of potential avenues for turning a profit or finding new avenues, businesses have now ample room to grow and experiment. If you are someone who follows the startup space in the Middle East,…
Things to consider while selecting a Retail ERP
With the advancement in technology, everything around us has changed and so is the way business is done. To survive in this competitive world, professional businesses have turned to online solutions ( https://www.yourretailcoach.ae/services/business-plan-development/ ) for their businesses to have a competitive edge over others. One such solution is ERP for retail, a software tailormade to support multiple processes such as track, assess, streamline and connect all the operations vital to…
The Problems & Opportunities of E-Commerce Returns
When you run an e-commerce website, along with managing the inventory, packaging, and delivery of products, return management can become hectic and only add to the chaos. Customers like to shop with stores that have an easy and seamless return management procedure in place. 66% of customers tend to check the returns policy before they shop with a website for the first time, making it even more imperative to have…
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), who may be…
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…
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…
Not easy for online beauty and personal care businesses: YRC (Your Retail Coach)
Taking a business online may sound exciting but being in the industry of beauty eCommerce consulting, YRC confides that it is not easy for the online beauty and personal care businesses ( https://www.yourretailcoach.ae/salonand-beauty-industry ) in any market and it is very much unlike a turn-key phenomenon highlighting some of the most prominent challenges and keeping a few fundamentals right.
Competition from brick and mortar retailers
For eCommerce players, significant competition…
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…
ISO Retail Standards
Be it online or offline, the retail industry as a whole has an enormous effect on its surroundings or environment. Hence, it makes sense to adopt certification and compliance in accordance with the ISO retail standards. These standards can have a huge positive impact on an organization. If your company is into retail, having ISO retail standards can help you go through the complications of the ever-changing market. These standards…
Is there any difference between E-commerce and retail?
Retail and e-commerce both refer to what happens when a business sells a product to a consumer for their own use, the only difference being one of them, that is, e-commerce happens exclusively through the Internet. Retail is conducted mainly through a brick-and-mortar store, where products are displayed on racks or shelves in an establishment called a shopping centre. However, there are a number of varied options that can be…
What is the business model of Dmart in India
The retail industry is undergoing a considerable transformation, with its shoppers enjoying the privilege of shopping for the goods and services they require through various channels. With some major players enjoying their large market shares and huge returns, new entrants like D-mart have made an exemplary debut in the industry. Its unique business model ( https://www.yourretailcoach.ae/services/business-strategy-consulting/ ) offers fierce competition to the existing players.
Introducing D-Mart
D-mart is a supermarket chain based…
