Mexico Calling Retail – Expo Antad begins on 14th March

Expo Antad is an annual event conducted at Guadalajara, Jalisco, Mexico begins on 14th March and lasts for 3 days to finally conclude on 16th March. The event has exhibitors from reputed corporate production houses and suppliers for retail sector. Each year the attendee list adds up and for past year there were approximately 35,000 representatives and owners for retail chains and associated wholesalers, distributors, international buyers, etc. who attended the show. Expo Antad is a perfect platform to showcase new products and ideas for the Retail fraternity across Mexico which is the Retail hub for South America.

CitiXsys Technologies with its proud partner Interlatin shall be present at booth#2070CC, where company shall showcase their innovative IT solutions for Retail. CitiXsys flagship Solution iVend Retail runs in thousands of stores across 20 countries and is a comprehensive retail management solution to manage Head Office, Stores and POS operations along with iVend Loyalty, Web Storefront, Mobility solution and Retail Analytics shall be on display at the event. A leading SAP gold partner worldwide and Pinnacle award winner, CitiXsys strengthens its foothold in Mexico with its esteemed partner Interlatin, which has brilliant work force to carry out swift implementations and can give prompt local support for SAP and CitiXsys products.
Meet CitiXsys at booth#2070CC to choose from exclusive retail solutions like Loyalty Management, Promotions, Inventory Management, Inventory Planning, Business Intelligence, integration with good backend solution apart from having a great Point of Sale and Store Management.

With iVend Retail management suite, retailers get every aspect of IT needs under one umbrella, meet us at the event or mail us at for an exclusive demo.

How To Increase Retail Profits With An Ecommerce Platform

If you currently operate a physical retail operation, there are basically only two ways to increase the profitability of your retail operation
  1. Improve the efficiency of your present physical store
  2. Add another distribution channel which could be either an additional physical store or an on-line ecommerce operation.

Theoretically, adding another physical store could approach doubling your profits, assuming that your new operation can be essentially a clone of your existing operation. You could approach doubling your profit because while all facilities and processes could be duplicated, the most essential ingredient, YOU, is limited to one. Additionally, you will be required to add at least one additional manager, further reducing the profitability gain of the new operation. And, the investment will equal your original investment in your physical store. On the plus side, you may make small gains on the basis of economy of scale; and, if logistically feasible, your inventory might be less than doubled. Also, some back room operations, accounting, payroll, billings, etc could be integrated.

But, today, with the availability of innovative retail management software, establishing an ecommerce operation to work in tandem with your physical store is a far more effective way to increase sales volume with multiple increases in profit. With implementation of an integrated retail management software, your sales volume could be triples or more using far less in resources than adding a second physical store.

What are the essential features of an integrated retail management software?

  1. It seamlessly integrates the offline and online operations. Make Promotions, items, pricing, customers, vendors etc in either systems and let the software sync all systems for you.
  2. Your inventory is maintained and serviced through a common data base. Physically, inventory is located within the offline operation with product and inventory data being readily available to the online store. In turn, the online sales orders are directed to the physical store for fulfillment.
  3. The integrated data base tracks online and offline sales for each of your customers enabling you to concentrate additional marketing and sales effort where it is likely to be most profitable.
  4. All performance data for the combined operations is presented in an integrated fashion with breakout of the two entities available on demand.
  5. You retail management software will include a loyalty system to encourage enhanced customer engagement
  6. Be able to provide product info and purchase ability through mobile devices, including providing supplementary product info in your physical store.
  7. Your retail management software system must be scalable. To run your back-end accounting processes, you may start with an SME ERP like SAP Business One as back-end for small store chains but you should be able to migrate to larger systems like SAP All-in-one (SAP Retail) without changing your retail systems.
  8. The provider of your retail management software must be provably skilled in installation and maintenance; and must be able and available to service the system on demand.

Operational advantages of adding an ecommerce channel to your existing physical store with integrated software are: .

  1. Ecommerce PlatformIt enables, YOU, the manager to more closely control the combined operation as compared to either two physical stores, or an off-line and on-line operation that are not integrated or synchronized.
  2. The ecommerce channel adds a communication channel to your link with existing offline customers. It will be easier to make additional sales to these existing customers simply because you can reach them online with additional offerings. Customers can use Loyalty points either in physical or online store.
  3. Retail management software provides opportunities to sell-up, sell-more, and sell-more-often. Planning engine can tell you what sells where and how you can increase sales via which mode.
  4. A retail management software system reduces cost of sales by increasing sales without a commensurate increase in overhead. Able to offer physical store pick-up for local customers.
  5. Your retail management software system enables you to duplicate work. A promotion can be made for physical store but should be easily be sent to online store as well.

To get additional specific information on how an integrated retail management software with Webstore will improve your profitability, read more about Ecommerce Platform for iVend or contact your local CitiXsys partner today.