Social distancing guidelines have changed the way we interact with each other, forcing companies to change the way they do business. Many of these social interaction changes are likely here to stay. One of the ways this is happening is through the rapid adoption of contactless payments. Contactless payments were once seen as a mere […]
In recent weeks, retailers across the U.S. have been forced to take action in light of the COVID-19 pandemic. Many retailers have been forced to close their doors to keep the public safe and stop the spread of the coronavirus. According to Morgan Stanley analysts, total retail traffic fell by 9.1% in March. And this […]
The coronavirus pandemic has brought many businesses to a halt, and it feels like the entire economy is at a stand-still. This is especially true for companies in the retail, restaurant, travel, and entertainment industries. During stressful and chaotic situations, it’s more important than ever to stay calm and come up with a plan for […]
The coronavirus pandemic has wreaked havoc worldwide. This led many states across the U.S. to implement stay-at-home orders to help prevent the spread of the virus. While this is necessary for the health and safety of citizens, it’s caused financial distress for many business owners. According to a Goldman Sachs survey, over half of all […]
One of the biggest changes brought on by COVID-19 is the abrupt shift to remote work. Employees accustomed to going into the office every day suddenly find themselves having to adjust to working from home. If you’ve never managed remote employees before, then you’re probably nervous about the situation. It’s normal to be concerned that […]
You can’t turn on the news without hearing someone talk about social distancing and how it’s affecting people and businesses across the U.S. For some people, social distancing is nothing more than an inconvenience keeping them stuck at home. But for many businesses, social distancing has a much more damaging impact. Business owners have been […]
In recent weeks, countries around the world have enacted social distancing policies. And across the U.S., various states have limited social gatherings and encouraged non-essential employees to stay home. There’s no doubt that these efforts are necessary right now to stop the global spread of COVID-19. But it has also wreaked havoc on small businesses […]
There’s never been a better time to be a business owner, but there’s also never been more competition in the market. Both online and brick-and-mortar retailers have to get creative when it comes to engaging customers and driving traffic to their stores. If you’re looking to increase sales at your small business, one of the […]
The goal of any business is to increase its monthly recurring revenue. With monthly recurring revenue, you acquire a customer once and then continue to get revenue from them every month. This means you can spend less time worrying about how to find new customers every month. And recurring revenue adds a new level of […]
It’s no secret that customers love loyalty programs. Who wouldn’t? You get to earn free products and services from places where you were going to spend your money anyway. That’s why loyalty programs are still one of the best ways for entertainment centers to increase customer engagement. It’s a way to reward the customers who […]