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What You Need To Know

What You Need To Know

The articles in this section provide a basic rundown of skills and technology critical in the retail industry. With subjects ranging from communications to staffing and accounts receivable, the answers to your most important questions start right here.

  • Communications & Technology
    From tracking inventory and delivery to marketing, public relations and online sales, technology has changed the face of retail.
  • Sales and Marketing
    Internet technology is rapidly transforming the retail industry's advertising and marketing strategies. Shoppers may like to experience merchandise in bricks-and -mortar stores, but they go online well before they head out the door.
  • Customer Service
    State-of-the-art technology and strong marketing strategies may bring shoppers to the door, but owners of small to medium-size retail operations still must scramble to keep them happy.
  • Staffing & Employment
    The retail industry offers a range of employment possibilities, but the kind of employee you need depends on the type of store you operate. The challenge is finding the right worker for the job.
  • Billing and Accounts Receivable
    No matter how successful a retail establishment, maintaining a steady cash flow is a challenge. To this end, a solid invoicing system and the right software go a long way toward solving the problem.
  • Vendor Relations and Purchasing
    The landscape of the retail industry changes from one month to the next. At the end of the day, though, establishing an effective product cycle starts with good vendor relations.
  • Insurance
    Good insurance coverage is vital for anyone operating a retail store. Fortunately, a number of insurance coverage options are available to help protect retail operations in any circumstances.
  • Social Media Best Practices & Applications

    Social media provides an effective means of reaching current and prospective customers. But you need to have a plan in place as to how you will integrate social media tools into your marketing mix.

The information included on this website is designed for informational purposes only. It is not legal, tax, financial, or any other sort of advice; nor is it a substitute for such advice. The information on this site may not apply to your specific situation. We have tried to make sure the information is accurate, but it could be outdated or even inaccurate, in parts. It is the reader's responsibility to comply with any applicable local, state, or federal regulations, and to make their own decisions about how to operate their business. Nationwide Mutual Insurance Company, its affiliates, and their employees make no warranties about the information, no guarantee of results, and assume no liability in connection with the information provided.