4 Reliable Tips for Quickly Moving Inventory Online Fortunately, there are a number of ways for brick-and-mortar stores to simplify this difficult process.
Opinions expressed by Entrepreneur contributors are their own.
Our current public-health crisis has resulted in a drastic shift in consumer spending habits, with stay-in-place orders drastically increasing demand for sanitary products and other household supplies, as well as entertainment options like board games and video games. And it should come as no surprise that the vast majority of these purchases are happening online.
For brick-and-mortar stores, the loss of foot traffic can be devastating. After an initial spike in foot traffic when people were stocking up on supplies, even major retailers like Costco and Walmart are seeing a notable drop. That's why a robust online presence is a must for any small retail businesses hoping to sustain revenue. The sooner you can move your inventory online, the better your chances of reducing detrimental financial impact. Here's how to make it happen.
1. Use the right e-commerce platform.
The rest of this article is locked.
Join Entrepreneur+ today for access.
Already have an account? Sign In