The Prosperous Shop is a cloud solution that allows the independent retailer to plan for growth and increased profits.
Our 4 modules include growth tools normally only found in the head offices of chain stores.
The Pain points
-Independent retailers often lack access to effective analytics and growth tools. Historically, chain stores have used powerful systems to increase profits. High costs have excluded independent retailers from such growth tools for decades.
-Independent retailers rely on EPOS (electronic-point-of-sale) systems as their main source of business intelligence. We think EPOS generally under-delivers in terms of strategic capability, forecasting and range building; functions that are important for growth. As a consequence the retailer may turn to spreadsheets to piece together data from different sources. This is time consuming and will not necessarily produce growth.
-In recent times especially, many retailers have failed for lack of cash flow.