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      Site News
    
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  <item rdf:about="http://www.retailit.biz/news/awards-for-retail-it">
    <title>Retail IT awarded "Best International Performance" at Cegid Partner Event</title>
    <link>http://www.retailit.biz/news/awards-for-retail-it</link>
    <description>Over 200 Cegid resellers gathered for Cegid’s recent partner event in Lyon, France to network, participate in practical workshop sessions and to attend the prestigious Cegid Partner Awards.</description>
    <content:encoded xmlns:content="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p>Retail IT was awarded "Best International Performance". Andy Cairns,  Cegid UK Country Manager said “ We’re proud to present the Retail IT  team with this award to acknowledge their great performance in 2011.  They’re a crucial member of Cegid’s International  Partner community and are set for an even more impressive 2012 ”.</p>
<p>Sales Director, Alan Holcroft also picked up the "Best Salesperson" award for his impressive performance in 2011.</p>
<p>Managing Director, James Rodger, said "Winning awards like this shows  that we as a company are moving in the right direction and doing the  right things."</p>
<p>Alan Holcroft paid tribute to the team on receiving his award "In any  company an individual award is always a result of a great team  performance."</p>
<p>For the event Cegid asked James to take part in a video about why we partnered with them that you can watch below.</p>
<p>
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    <dc:publisher>No publisher</dc:publisher>
    <dc:creator>Robert Pullen</dc:creator>
    <dc:rights></dc:rights>
    <dc:date>2012-05-09T23:00:00Z</dc:date>
    <dc:type>News Item</dc:type>
  </item>


  <item rdf:about="http://www.retailit.biz/news/join-retail-its-linkedin-user-group">
    <title>Join Retail IT's LinkedIn User Group</title>
    <link>http://www.retailit.biz/news/join-retail-its-linkedin-user-group</link>
    <description>Retail IT has created a user group for customers to share their experiences with Retail IT and each other.</description>
    <content:encoded xmlns:content="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p>The LinkedIn group is a platform for Retail IT customers to ask questions and to share experiences of the various solutions and services we provide. Within this, Retail IT have made two sub groups, one for users of Retail Pro and another for Cegid users.</p>
<p>Roselle Rodger, Operations Manager said "The user groups are a great way to communicate with our customers and for them to talk to each other. We are always learning from the people that use our solutions and giving them the chance to share this knowledge between themselves will be of benefit to their business's"</p>
<p>You can request to join the main group <a class="external-link" href="http://www.linkedin.com/groups?home=&gid=4427656&trk=anet_ug_hm" target="_blank">HERE</a> and once a member you can join the appropriate sub group.</p>
<p>If you have any questions you can call one of the team on 020 8605 9768</p>]]></content:encoded>
    <dc:publisher>No publisher</dc:publisher>
    <dc:creator>Robert Pullen</dc:creator>
    <dc:rights></dc:rights>
    <dc:date>2012-05-02T23:00:00Z</dc:date>
    <dc:type>News Item</dc:type>
  </item>


  <item rdf:about="http://www.retailit.biz/news/retail-it-completes-diesel-dcc-and-tfs-rollout">
    <title>Retail IT Completes Diesel DCC and TFS Rollout</title>
    <link>http://www.retailit.biz/news/retail-it-completes-diesel-dcc-and-tfs-rollout</link>
    <description>After a successful trial during December 2011, Retail IT has completed the roll out of Yespay's DCC and TFS value add modules for Diesel's retail estate</description>
    <content:encoded xmlns:content="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p>Yespay, payment processing specialists, have now integrated Dynamic  Currency Conversion (DCC) and Tax Free Shopping (TFS) provided by  Premier Tax Free. This not only Diesel to use the Yespay solution for  card payment processing but also allow them to offer their foreign  customer the ability to pay in their local currency as well as to offer  them a Tax Free Shopping voucher. After a successful trial in December  2011 in 3 stores, the solution has now been rolled out to all Diesel  stores in the UK.<br /> <br />James Rodger, Managing Director of Retail IT, said "the benefits of  this solution allow Diesel to offer their customer a higher level of  service at point of sale. The additional benefits for Diesel include an  additional revenue stream as well as being able to gain further customer  insight as to the behavior of foreign shoppers."<br /> <br />To learn more about this call the team on 020 8605 9768</p>]]></content:encoded>
    <dc:publisher>No publisher</dc:publisher>
    <dc:creator>Robert Pullen</dc:creator>
    <dc:rights></dc:rights>
    <dc:date>2012-04-22T23:00:00Z</dc:date>
    <dc:type>News Item</dc:type>
  </item>


  <item rdf:about="http://www.retailit.biz/news/retail-it-partners-with-pennies">
    <title>Retail IT Partners With Pennies</title>
    <link>http://www.retailit.biz/news/retail-it-partners-with-pennies</link>
    <description>Retail IT partners with Pennies the electronic charity box to help customers achieve their corporate responsibility goals</description>
    <content:encoded xmlns:content="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><span id="internal-source-marker_0.512711267875167">Pennies  is a new channel for the old habit of dropping a few coins into a  charity box, brought up-to-date for card transactions. Customers are  asked via YesPay pin pad whether they would like to round up or top  up their payment by a few pennies – and it’s just one click to decide.  No staff involvement, so it’s completely private.</span></p>
<p><span id="internal-source-marker_0.512711267875167">You  can nominate the charity or charities to benefit from the majority of  the donations, from local to national and 100% of the money raised goes  to charity. 1.9 million donations have already been made via Pennies  raising nearly £500,000 since launch in November 2010.  10 national  retailers are now operating Pennies and many others are joining in.</span></p>
<p><span>Alan Holcroft, Sales Director at Retail IT said <i>"</i></span><i>Corporate social responsibility is a very broad concept that can be  defined in many ways. For me, the underlying theme is to have a positive  impact on society by managing our day to day business processes and its  for this very reason that Retail IT support Pennies"</i></p>
<p><i>“With almost 2 million donations made, customers  are embracing Pennies across a breadth of retail brands and together  their Pennies have raised nearly £500K supporting many different UK  charities. Independent research showed that more than three quarters of  consumers enjoy the feel good factor of giving to charity and Pennies  enables retailers to tap into this.” </i></p>
<p>Alison Hutchinson, CEO of The Pennies Foundation</p>
<p>For more information call Pennies on 020 7600 9286 or email <a class="mail-link" href="mailto:info@pennies.org.uk" target="_blank">info@pennies.org.uk</a></p>
<p>Registered Charity No. 1122489</p>
<p><i> 
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    <dc:publisher>No publisher</dc:publisher>
    <dc:creator>Robert Pullen</dc:creator>
    <dc:rights></dc:rights>
    <dc:date>2012-04-19T09:00:00Z</dc:date>
    <dc:type>News Item</dc:type>
  </item>


  <item rdf:about="http://www.retailit.biz/news/retail-it-is-now-on-twitter">
    <title>Retail IT is now on Twitter</title>
    <link>http://www.retailit.biz/news/retail-it-is-now-on-twitter</link>
    <description>Follow us on twitter for the latest news and updates from the team</description>
    <content:encoded xmlns:content="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><span id="internal-source-marker_0.284047221912452">Retail IT is now on Twitter. We will be posting the latest  company news here along with industry relevant items and less formal  interactions with our followers. This is also a great way for customers  and end users to engage with their technology provider.</span><br /><span></span><br /><a class="external-link" href="https://twitter.com/#!/Retail_IT_" target="_blank"><span>@Retail_IT_ </span></a></p>]]></content:encoded>
    <dc:publisher>No publisher</dc:publisher>
    <dc:creator>Robert Pullen</dc:creator>
    <dc:rights></dc:rights>
    <dc:date>2012-04-17T23:00:00Z</dc:date>
    <dc:type>News Item</dc:type>
  </item>


  <item rdf:about="http://www.retailit.biz/news/drapers-retail-week-etail-awards-2012">
    <title>Drapers &amp; Retail Week Etail Awards 2012</title>
    <link>http://www.retailit.biz/news/drapers-retail-week-etail-awards-2012</link>
    <description>Sweaty Betty and Seraphine have been shortlisted at the Drapers &amp; Retail Week PayPal etail Awards 2012</description>
    <content:encoded xmlns:content="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><span id="internal-source-marker_0.6510843962519477">Congratulations  to our customers; Sweaty Betty and Seraphine for being shortlisted for  the etail awards. Seraphine are up for the “Best Independent Retailer”  award and Sweaty Betty “Best Customer Service.” </span><br /><span></span><br /><span>We wish them both the best of luck at the awards that will take place on the 24th of May. </span><br /><span></span><br /><span>You can see the full lis</span><span>t <a class="external-link" href="http://www.drapersonline.com/news/paypal-etail-awards-2012-shortlist-announced/5033871.article" target="_blank">HERE </a></span></p>]]></content:encoded>
    <dc:publisher>No publisher</dc:publisher>
    <dc:creator>Robert Pullen</dc:creator>
    <dc:rights></dc:rights>
    <dc:date>2012-04-13T15:51:54Z</dc:date>
    <dc:type>News Item</dc:type>
  </item>


  <item rdf:about="http://www.retailit.biz/news/3-months-free-hardware-support">
    <title>3 Months Free Hardware Support*</title>
    <link>http://www.retailit.biz/news/3-months-free-hardware-support</link>
    <description>Yes, 3 months free onsite hardware support for all our customers!*</description>
    <content:encoded xmlns:content="http://purl.org/rss/1.0/modules/content/"><![CDATA[<div id="content-core">
<div class="kssattr-macro-text-field-view kssattr-templateId-newsitem_view kssattr-atfieldname-text plain" id="parent-fieldname-text">
<p>As a small token of our appreciation to our customers, we  are offering a free three month, no strings attached, trial of our  onsite hardware support offering. Simply log any hardware failure  support calls with our help desk as normal and we will take care of the  issue for you.</p>
<p>Full details of the offering can be downloaded <a class="external-link" href="../white-papers/hardware-support/view?searchterm=hardware+">HERE</a>. To take advantage of the offer or for more information call one of the team on <span>020 8605 9768</span></p>
<p> </p>
<p>*Next day service for any calls logged prior to 2pm. UK and Ireland only. Offer ends 30 June 2012. Existing customers only</p>
</div>
</div>]]></content:encoded>
    <dc:publisher>No publisher</dc:publisher>
    <dc:creator>Robert Pullen</dc:creator>
    <dc:rights></dc:rights>
    <dc:date>2012-04-12T15:50:00Z</dc:date>
    <dc:type>News Item</dc:type>
  </item>


  <item rdf:about="http://www.retailit.biz/news/rbte-2012-a-busy-show-for-retail-it">
    <title>RBTE 2012 -  a busy show for Retail IT</title>
    <link>http://www.retailit.biz/news/rbte-2012-a-busy-show-for-retail-it</link>
    <description>The team had their hands full during 2 busy days at the retail business technology expo.</description>
    <content:encoded xmlns:content="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p>Two days at Earls Court did not seem like enough for all the retailers trying to view Retail IT's Yourcegid Retail solution. Our new mobile offering along with RFID and Touch Technology were also very popular. It was great to meet with new contacts and learn about their retail technology requirements.</p>
<p>Sadly we were so busy that not everyone who wanted to learn more about Yourcegid Retail were able to. If you were one of those people or you weren't able to come to the show you can click <a class="external-link" href="../contact/callback2_form">HERE</a> or call the team on 020 8605 9768 or to arrange a free consultation.</p>]]></content:encoded>
    <dc:publisher>No publisher</dc:publisher>
    <dc:creator>Robert Pullen</dc:creator>
    <dc:rights></dc:rights>
    <dc:date>2012-03-16T16:50:00Z</dc:date>
    <dc:type>News Item</dc:type>
  </item>


  <item rdf:about="http://www.retailit.biz/news/drapers-top-100-independants-2012">
    <title>Drapers Top 100 Indies 2012</title>
    <link>http://www.retailit.biz/news/drapers-top-100-independants-2012</link>
    <description>Congratulations to the Retail IT clients who made it into the Drapers Top 100 Inspiring Indies list for 2012</description>
    <content:encoded xmlns:content="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><span id="internal-source-marker_0.3182481768062647"><span class="external-link">Dover  Street Market</span>, <span class="external-link">Oki-Ni</span>, <span class="external-link">Urban Vintage</span>, Made Man and <span class="external-link">Melanie Boutique</span> all  made it into Drapers Top 100 Inspiring Independents 2012 list.</span></p>
<p><span id="internal-source-marker_0.3182481768062647"> </span><span id="internal-source-marker_0.3182481768062647">The  results are generated by readers of Drapers sending in nominations that  the Drapers team then whittle down to a shortlist of 100. These 100  boutiques then rank each other  to get the final results.</span><br /><span> </span><br /><span>We  at Retail IT are proud to work with such forward thinking companies and  look forward to helping them achieve even more in 2012.</span></p>
<p><span>See the full list <a class="external-link" href="http://www.drapersonline.com/independents/inspiring-indies/" target="_blank">HERE</a><br /></span></p>]]></content:encoded>
    <dc:publisher>No publisher</dc:publisher>
    <dc:creator>Robert Pullen</dc:creator>
    <dc:rights></dc:rights>
    
      <dc:subject>fashion</dc:subject>
    
    <dc:date>2012-02-23T00:00:00Z</dc:date>
    <dc:type>News Item</dc:type>
  </item>


  <item rdf:about="http://www.retailit.biz/news/ted-baker-chooses-yourcegid-retail">
    <title>Ted Baker chooses Yourcegid Retail</title>
    <link>http://www.retailit.biz/news/ted-baker-chooses-yourcegid-retail</link>
    <description>Ted Baker software roll out supports international expansion</description>
    <content:encoded xmlns:content="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p>Retail management and till systems will help British brand grow its business across US and Asia</p>
<p>Fast-growing British designer brand, <a href="http://www.tedbaker.com/" target="_blank" title="Ted Baker">Ted Baker</a>,  is rolling out new point-of-sale (PoS) and retail management software,  Yourcegid Retail, to help support its expansion abroad.</p>
<p>For the full article click <a class="external-link" href="http://retailtechnology.co.uk/news/ted-baker-software-roll-out-supports-international-expansion" target="_blank">HERE</a></p>

]]></content:encoded>
    <dc:publisher>No publisher</dc:publisher>
    <dc:creator>Robert Pullen</dc:creator>
    <dc:rights></dc:rights>
    <dc:date>2012-02-03T14:35:00Z</dc:date>
    <dc:type>News Item</dc:type>
  </item>


  <item rdf:about="http://www.retailit.biz/news/new-hardware-support-offering-from-retail-it">
    <title>New Hardware Support Offering From Retail IT</title>
    <link>http://www.retailit.biz/news/new-hardware-support-offering-from-retail-it</link>
    <description>Retail IT has partnered with Esteem Managed Services Ltd to bring you a “best in class” hardware support solution. </description>
    <content:encoded xmlns:content="http://purl.org/rss/1.0/modules/content/"><![CDATA[<div><strong>
<p><span>Esteem is a specialised support provider with truly national coverage and come with excellent references including Ted Baker, Estee Lauder, Paul Smith and The Walt Disney Company. We can provide next working day cover, 7 days per week on all business critical hardware in your stores.</span></p>
<h2><span> </span><br /><span>Benefits of Onsite Hardware Support:</span></h2>
<div><span><br /></span></div>
<ul>
<li style="list-style-type: disc; ">
<p dir="ltr"><span>Next Day Support for calls logged before 2pm</span></p>
</li>
<li style="list-style-type: disc; ">
<p dir="ltr"><span>7 days per week</span></p>
</li>
<li style="list-style-type: disc; ">
<p dir="ltr"><span>Unlimited call outs</span></p>
</li>
<li style="list-style-type: disc; ">
<p dir="ltr"><span>1st line support provided by Retail IT, we will continue to manage the process and the relationship with Esteem on your behalf.</span></p>
</li>
<li style="list-style-type: disc; ">
<p dir="ltr"><span>Highly skilled engineers employed by Esteem, not contractors</span></p>
</li>
<li style="list-style-type: disc; ">
<p dir="ltr"><span>National Coverage throughout the UK and Ireland</span></p>
</li>
<li style="list-style-type: disc; ">
<p dir="ltr"><span>Engineers carry stock to improve the first time fix rates, currently 96%</span></p>
</li>
<li style="list-style-type: disc; ">
<p dir="ltr"><span>Every Esteem engineer is within 2 miles of a drop box or manned depot for spares</span></p>
</li>
<li style="list-style-type: disc; ">
<p dir="ltr"><span>Faults worked on until fixed and you are satisfied</span></p>
</li>
<li style="list-style-type: disc; ">
<p dir="ltr"><span>Fixed Monthly Fee payable by DD</span></p>
</li>
<li style="list-style-type: disc; ">
<p dir="ltr"><span>All your hardware can be covered and included in the contract</span></p>
</li>
</ul>
<span> </span><br /><span>To find out more call the sales team on 0208 605 9768 or email sales@retailit.com</span></strong></div>]]></content:encoded>
    <dc:publisher>No publisher</dc:publisher>
    <dc:creator>Robert Pullen</dc:creator>
    <dc:rights></dc:rights>
    <dc:date>2012-01-06T00:00:00Z</dc:date>
    <dc:type>News Item</dc:type>
  </item>


  <item rdf:about="http://www.retailit.biz/news/save-the-date-for-the-retail-business-technology-expo">
    <title>Save the date for the Retail Business Technology Expo 2012</title>
    <link>http://www.retailit.biz/news/save-the-date-for-the-retail-business-technology-expo</link>
    <description>March 13th -14th 2012, Earls Court - Retail IT will be showcasing our most innovative and empowering brand new 2012 software and hardware solutions at the Retail Business Technology Expo.</description>
    <content:encoded xmlns:content="http://purl.org/rss/1.0/modules/content/"><![CDATA[<div class="documentDescription"></div>
<p> </p>
<p>Here’s where you’ll see things like:<br /><br /> <i> </i></p>
<ul>
<i>
<li>The latest in web based retailing</li>
<li>Cutting edge mobile point of sale</li>
<li>Truly multi channel retail solutions</li>
<li>How to gain a return on investment from our retail software solutions</li>
<li>Any much more...</li>
</i> 
</ul>
<p><i> </i> <a href="http://www.retailbusinesstechnologyexpo.com/"><img align="right" hspace="20" src="http://www.retailbusinesstechnologyexpo.com/g/2011/template/register_animated.gif" /></a>Of  course, all are welcome to visit our stand and see the wares in action  -- however, for a discussion on application, best practice and what this  means for your business, book your space now. <br /><br /> <strong>Email <span class="link-mailto"><a href="mailto:marketing@retailit.com">marketing@retailit.com</a></span></strong><span> (or call 0208 605 9768) with your preferred time and we will do our  best to accommodate you. Alternatively, if you are unable to attend the  event but still would like to stay connected with the industry’s cutting  edge, let us know and we will come and meet with you! </span><br /><br /><br /><br /> <strong>To register for the show please visit: <span class="link-external"><a href="http://www.retailbusinesstechnologyexpo.com/">www.retailbusinesstechnologyexpo.com</a></span></strong><span class="link-external"><a href="http://www.retailbusinesstechnologyexpo.com/"><br /></a></span></p>]]></content:encoded>
    <dc:publisher>No publisher</dc:publisher>
    <dc:creator>Chris</dc:creator>
    <dc:rights></dc:rights>
    <dc:date>2012-01-03T12:10:00Z</dc:date>
    <dc:type>News Item</dc:type>
  </item>


  <item rdf:about="http://www.retailit.biz/news/how-to-successfully-implement-mobile-commerce-for-retailers">
    <title>How to successfully implement Mobile Commerce for retailers</title>
    <link>http://www.retailit.biz/news/how-to-successfully-implement-mobile-commerce-for-retailers</link>
    <description>While retailers continue to get their heads around e-commerce, the world of m-commerce is waiting and fast approaching maturity. The quick and creative will profit...</description>
    <content:encoded xmlns:content="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p> </p>
<p>M-commerce  grew extensively in 2010 and all signs point to this trend continuing  in 2011. Companies that don’t act are likely to find themselves lacking a  valuable growth opportunity once the mobile market matures.  <br /><br /> <b>How can retailers take advantage of Mobile Commerce?</b></p>
<ul>
<li><i>Build a fully mobile-optimised website</i>. The retailer’s  normal website must translate to a smaller mobile screen, with special  care taken to reformat and promote product pictures. Opinion is divided,  but it appears that the days of mobile-only websites that stand alone  from ‘normal’ websites are limited as mobile browsers improve and  consumers demand enhanced experiences on their smartphones and PDAs.</li>
<li><i>Social content on the web or via iPhone and Android apps</i>.  It’s important to build areas where customers can share reviews,  pictures and stories, as well as get more information and interact with  brand both pre- and post-purchase. Retailers need to consider how to  integrate mobile into each step of the purchase journey. </li>
<li><i>Mobile ‘push’ marketing</i>. With good CRM (at a minimum  collecting customer data and histories, and segmenting customers  appropriately) retailers can begin to push appropriate products, offers  and vouchers to them based on their interests. The CRM part of this is  crucial though – with it, you’re adding value, without it, it’s just  spam.</li>
<li><i>QR codes</i>. In terms of facilitating consumer interaction with  your brand from out-of-home and out-of-store environments, QR codes are  an excellent vehicle to drive customers from offline to mobile  engagement. Benefits are (1) accountability for offline advertising, (2)  ability to get an opt-in to your CRM activities, (3) ability to drive  consumers directly to offers and seamlessly link out-of-store and  in-store experience (through reviews, mobile commerce shopping, etc).</li>
<li><i>Mobile instore</i>. Although the previous techniques have focused  on the consumer’s mobile, there is benefit for the brand to run mobile  applications: for instance, queue busting (using mobile devices to scan  items for customers and hold sales until they reach a till to pay) and  mobile transaction points (taking payment on the shop floor). This can  be coupled with email receipt services like yReceipts to create an Apple  store-like experience.</li>
</ul>
<p>A strong mobile presence will helps to drive footfall in-store, enhances  the retail experience, enables consumers to engage with and experience  the brand out of store, and facilitates additional purchases and word of  mouth beyond the retailer’s bricks-and-mortar environment. Acting  sooner, as we have seen with the web, gives first-movers significant  competitive advantage and solidifies positive brand perceptions. <br /><br /> Retail IT and Cegid are constantly innovating in this mobile space –  Cegid continues to unveil new mobile, PDA and touchpad technology. We  understand the need for strong CRM, and that’s why the CRM functionality  in Cegid is simple to use, highly flexible, and second-to-none on  features (and we're continuing to invest in developing even more CRM  functionality via mobile). Call us on <b><span><span>020 8605 9768<img name="noojeeClickImg" src="chrome://noojeeclick/content/images/micro.png" title="020 8605 9768" /></span></span></b> for your free demo!</p>]]></content:encoded>
    <dc:publisher>No publisher</dc:publisher>
    <dc:creator>Chris</dc:creator>
    <dc:rights></dc:rights>
    <dc:date>2011-06-28T10:15:00Z</dc:date>
    <dc:type>News Item</dc:type>
  </item>


  <item rdf:about="http://www.retailit.biz/news/internationalisation-of-retailing">
    <title>Internationalisation of Retailing </title>
    <link>http://www.retailit.biz/news/internationalisation-of-retailing</link>
    <description>The last decade has seen businesses of all shapes and sizes able to tap new markets online and off, exploit globablisation and and enjoy brand new supply chain efficiencies, skills and customers. But there are challenges too, along with the opportunities... </description>
    <content:encoded xmlns:content="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p> </p>
<p>With the advent of New Media, the last ten years have seen small and mid-sized businesses able to suddenly access new markets in far corners of the world over the internet, and through global expansion - some very successfully indeed. At the same time, a number of other socio-economic factors, like free trade and increased cultural understanding (possibly in part due to new media!) have allowed offline globalisation: the openings of new stores in far-off markets, the sourcing of materials from other markets, and even exchange of skills across borders. At Retail IT, we have experienced all of the above firsthand with our customers.<br /><br /> International markets present challenges in various ways to retailers, as well as the very attractive opportunities we are aware of. For instance:<br /><br /></p>
<ul>
<li><b>1. Language and Culture:</b> When businesses begin to market across cultures, they frequently encounter linguistic problems. Translating product and company names can be difficult; translating advertising slogans can be downright impossible. Over the years, some of the largest and most marketing-savvy companies have made some of the biggest translation blunders. <br /><br /> In the 1920s, when Coca-Cola was first translated phonetically into Chinese, the resultant phrase meant "bite the wax tadpole." Pepsi too had problems with Chinese when their slogan "Come Alive with the Pepsi Generation" was translated for a Taiwanese billboard as "Pepsi brings your ancestors back from the dead." Whilst KFC found that its "Finger-Lickin' Good" slogan was translated into Chinese as the admonition "Eat Your Fingers Off."<br /><br /> Even when a translation is accurate, marketing can be undermined by local slang. For example, when Ford Motor Co. marketed the Pinto in Brazil, they discovered that "pinto" was Brazilian slang for "small penis." Naturally, no man wanted to own a "pinto," so Ford changed the car's name to Corcel, meaning the far more manly, "horse" in Portuguese. The car reportedly sold well after that.<br /><br /></li>
<li><b>2. Supply Network Dynamics:</b> Perhaps the best known effect of internationalisation is that of new supply networks forming. No longer do firms compete directly against one another, but in fact so do their entire networks - and not simply supply chains as in the past, but many argue that given the multitude of options available and employed by modern suppliers, these chains are perhaps now more like spider webs, or networks. The challenge for the modern retailer then, is to determine which means of supply are going to be most profitable and otherwise beneficial to the firm, having weighed implications like: cost, brand impact, quality, lead times, relationships and responsiveness, tax / transfer pricing, and transportation considerations.<br /><br /> One of the key challenges faced by retailers in emerging markets - where distances are great and infrastructure is still developing - is that of supply. Just-In-Time systems are rarely effective in these conditions, and so other factors become crucial, in particular, replenishment. In this milieu, it is crucial to have a very strong gauge of what product might sell at which volumes in each area, and to be able to maintain those stock levels accordingly, lest damaging sell-outs occur.<br /><br /></li>
<li><b>3. Regulatory Environment and Tax:</b> Laws across countries differ. Sometimes it may be possible to clarify these in advance in a contract (which may not, however, be consistently enforced); at other times jurisdiction may be settled by treaties and broader documents and precedents. It is crucial to have an awareness of the idiosyncracies of law in countries retailers seek to expand into.<br /><br /> Some legal systems, such as that of the U.S., are relatively “transparent”—that is, the law tends to be what its plain meaning would suggest.  In some countries, however, there are laws on the books which are not enforced (e.g., although Japan has antitrust laws similar to those of the U.S., collusion is openly tolerated).  Further, the amount of discretion left to government officials tends to vary.  In Japan, through the doctrine of administrative guidance, great latitude is left to government officials, who effectively make up the laws.<br /><br /> Varying tax codes and the challenge of selling different products at different rates in different regions to different clients can prove problematic, not on the more abstract compliance level, but also on the practical systems level. </li>
</ul>
<p><br /> There are no easy answers to internationalisation. Best practice requires rigorous research, and well-informed staff, as well as a dash of luck.<br /><br /><img alt="hand-in-hand.gif" class="image-left" src="../images/hand-in-hand.gif" />But there are some shortcuts that make it easier - like having local partners who understand the environment and who have navigated those challenges before. Having a partner whom you could consult at the drop of a hat on, say, how to deal with multiple tax rates in multiple countries at point of sale; or on how to smooth supply and replenishment issues in hard to reach parts of the world, is considered a major boon to most retailers, and a significant intangible asset in facilitating their expansion.<br /><br /> Retail IT works with UK retailers and helps them to co-ordinate and implement their expansion into foreign markets. We’re experts in retail, and our software solution, Yourcegid, has an extremely well developed and managed partner network across the globe to aid in your rollout, and to provide that local knowledge that no fact sheet can give you on a market.<br /><br /> (Add to that <a href="http://www.retailit.com/products/retail_software/cegid">Cegid’s powerful international retailing system</a> with: dynamic currency conversion, multiple tax codes, instant and automatic translation, fully real-time stock data across stores, subsidiary and advanced replenishment capabilities - and it’s clear why some of retail’s biggest names continue to choose Yourcegid retail solutions.)</p>]]></content:encoded>
    <dc:publisher>No publisher</dc:publisher>
    <dc:creator>admin</dc:creator>
    <dc:rights></dc:rights>
    <dc:date>2011-05-11T11:15:00Z</dc:date>
    <dc:type>News Item</dc:type>
  </item>


  <item rdf:about="http://www.retailit.biz/news/all-customers-are-not-equal-why-crm-matters">
    <title>All Customers Are Not Equal - Why CRM Matters</title>
    <link>http://www.retailit.biz/news/all-customers-are-not-equal-why-crm-matters</link>
    <description>Customers come in various shapes and sizes - it's only right we treat each differently. Here we have a look at the Why's of customer segmentation, and touch on some key tips to take away...</description>
    <content:encoded xmlns:content="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p>Customers are different. Most of us are happy to accept that. But when  it comes to crunch time, and focusing resources, many of us fear it  would be politically incorrect to say that some customers are more  valuable than others. <br /><br /> Given  the varying backgrounds, needs and wants of your customers, as well as  their widely varying motivations, the differences are clear from a  psychographic point of view. However, it’s equally clear from a  financial point of view - even a cursory glance over your sales data  reveals wide discrepancies between customers - showing which customers  are really valuable to your business. Some only buy when you run  promotions, others at specific times of the year, still others only for  convenience. And then there are the brand loyalists who buy from you day  in and day out, unwaveringly. <br /><br /> Most businesses will see some variant of the Pareto principle in their  customers - that is, that 80% of sales are generated by 20% of  customers. Given that, it is crucially important that we know the  customers we are able to satisfy very well, and we should move to  satisfy them even more, whilst driving margins. Equally, it’s important  that we know which customers we just break even on, and even lose money  serving. <br /><br /> Some businesses choose to fire their less profitable customers. We don’t  necessarily espouse that philosophy. But we do suggest that you  consider giving profitable customers superior service (at a premium of  course!). Airlines transport all their customers from A to B, they all  get there at the same time, but some are delighted to pay a premium to  travel First Class. Likewise, hotels sell some space at premium rates  because it includes additional benefits, like views and additional  facilities. <br /><br /> The point is that customers come in different sizes and shapes. Their  value to the business also differs. It would therefore be very wrong to  treat them equally. Some people will shout "that’s not fair." But it’s  equally unfair to treat a £10,000 customer the same way you’ll treat a  £10 one. It makes good business sense to spend more resources – time,  people and money – serving your best customers. <br /><br /> You may work hard to up-grade your low-value, less profitable customers.  But don’t discourage your most valuable customers by treating them like  everybody else. <br /><br /> <img align="right" hspace="10px" src="http://www.retailit.com/files/images/customer-segmentation-crm.png" /><b>Take-aways:</b></p>
<ul>
<li>1. Treat your customers differently on the basis of needs and value to the business.</li>
<li>2. Segment your customers according to their needs and profit potentials and tailor services to them.</li>
<li>3. To improve profit, consider charging premium prices for enhanced services offered valuable customers.</li>
<li>4. Consider offering self-service for less profitable customer segments.</li>
<li>5. Use humans to serve high-value customers, while using  technology to serve less profitable ones – so long as it’s less  expensive.</li>
<li>6. Analyse customer data at regular intervals to see who is moving up or down your value ladder.</li>
</ul>
<p><b>How are you going to go about segmenting your customers and dealing with them individually?</b> A CRM (Customer Relationship Management) system is a great way to do  this. If it’s plugged into your Point Of Sale, you’ll get immediate  data, and oftentimes data of a higher quality since more information is  typically collected there. Some systems, like the Cegid <a href="http://www.retailit.com/products/retail_software/cegid">Retail CRM Software</a> will automatically capture that data, categorise it according to your  rules, and action it into loyalty or promotions modules, as needs be.</p>]]></content:encoded>
    <dc:publisher>No publisher</dc:publisher>
    <dc:creator>James Rodger</dc:creator>
    <dc:rights></dc:rights>
    <dc:date>2011-04-29T09:20:00Z</dc:date>
    <dc:type>News Item</dc:type>
  </item>





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