What Is A Social Retail Strategy?

What Is A Social Retail Strategy?

Social media is all around us these days. Everyone from kids to grandparents are on at least one social media platform. So it is important to learn how to use this modern tool to boost your brand both online and in person. In fact, there are strategies for retailers focused around social media. Yes, there is such a thing as a social retail strategy. Today we will take you through what such a strategy is, and why it is important for you to have one in place.

So, what is social retail?

Art of social retail
(Source)

Social retail is an essential part of a modern omnichannel retail strategy. Social retail is using social media to communicate and engage with customers while also selling to them in-store and online. In a nutshell, the strategy succeeds by rewarding customers for sharing products they love. After all, many customers love to share their new purchases and favorite brands on social media. This is especially so when that product or brand aligns with their personality. The idea of social retail is to incentivize your customers to continue doing this – hopefully making it a habit.

For those who are familiar with word-of-mouth (WOM) marketing, social retail is just a modern, digital version. You want customers to be so happy sharing your products that their friends and followers begin to try them out as well.

It’s important to remember that it isn’t only about sharing your brand and products on traditional websites or social media channels. Some of the top performing brands in social retail feature their products on virtual platforms as well, in other words, metaverse retailing. A great example of this are some brands releasing their collections on Bitmoji. Even though they are not yet making money off of Bitmoji users wearing their brands, they are generating a lot of brand awareness.

You should keep in mind that a social retail strategy is not ideal for every type of retailer. Are you selling the type of items people would like to share? Are your customers the type of people to even want to share their purchases? These are some of the questions you should consider before investing in a social retail strategy.

Why you should do it

Illustration of people engaging in word of mouth marketing
(Source)

Whether or not your business has a large social media presence, it’s still common for customers to post about their experience online. If you provide a good experience, customers will advocate for your business and products online. It was found that 92% of consumers believe suggestions from friends and family more than advertising. So maximize this free promotion by having a social retail strategy that includes referrals.

Since social media is a place for people to connect and communicate online, it’s the best place to start or continue building a loyal community for your store. Once a community is established, your community members will be some of the most frequent buyers. They will even act as ambassadors for your store by promoting it to their friends and families. The beauty of the community is that users will inevitably end up building connections and bonds through shared experiences and values. This will boost the positive feelings associated with your brand – reinforcing your brand’s loyal community. Through a brand community paired with the right customer management tools, you’ll get to know your audience more and have better data and understanding on their expectations, wants, and needs.

How to do a social retail strategy

The first step is to decide which social media platforms you will use. It’s always better to use more than one, but take some time to consider which ones your customers are more likely to be active on. When setting up business profiles on each of them, make sure you are tagging your page with common keywords associated with your business. For example if you have a grocery store, you will want to use tags or hashtags such as: grocers, produce, food, etc. On top of that, you want to make sure your profile pictures are consistent across the board. These two steps will really help customers to find your profiles on social platforms.

Example of a social media calendar
Learn how to develop a social media calendar here!

The next step is to start creating content and posting! Make sure that your posts aren’t just random. Schedule them out and organize what type of posts you want and how often you want them uploaded. Create a good mix of promotional content, fun content for engagement, and content that speaks about the values of your brand.

Try to encourage customers to post or tag about your products! You can do this by showcasing their posts on the company account, having photo opportunities in-store for them to post about, hosting small giveaways or events for them to take part in, etc.

Just a reminder, not all of these examples work for all business types! Pick methods you think would work best for your own business. As long as the end goal is to encourage customers to share. Finally start adjusting your accounts and what you post based on feedback & data from your customers.

A social retail strategy is almost a given in 2022. If you haven’t started one yet, now you know why and how you should start. With 59% of the world on social media – you should be investing time and energy into boosting your brand on social and digital channels.


TAKU Retail has all of the tools needed to start selling on social media, and collect data on your customers. These essential tools will help you engage in the ultimate social retail strategy. Start today!

How Can I Make My Business Accessible

How Can I Make My Business Accessible

Accessibility is an important feature to have in any business. Around 15% of people around the world live with a disability of some sort. In the US alone, this statistic is 26% of the population – about 61 million adults with a disability. Given the numbers involved, it’s important for retailers to consider whether their operations and products appeal to disabled people’s needs.

Besides automatic doors and wheelchair ramps, there is still a lot that retailers can do when it comes to accommodating disabled people.

Why is accessibility important

Icons of people with different accessibility needs
(Source)

As we’ve mentioned, a good portion of the world lives with some form of disability. And as a retailer you want to make it as easy as possible for all potential customers to shop with you. A survey conducted in the UK reported that 78% of disabled people found it difficult or impossible to access most shops and malls. Making stores more accessible to 78% of disabled people is an easy way to increase your customer base and improve sales.

Access for people with disabilities improves access for everyone.

Community Tool Box

At its core, accessibility in retail is ensuring as many people as possible can easily shop with you. When most people think of making a store more accessible, they often think about making it easier for people who use wheelchairs or canes to access the store. But accessibility can include more than that. It is also about making sure anyone can read the signs in your store, or that anyone can feel comfortable in your store.

The types of accessibility issues

The types of accessibility issues
(Source)

There are a few types of potential accessibility issues your shoppers could have. The common barriers to accessibility are:

  • Visual: This is for people who have a hard time seeing things, or even those who cannot see at all.
  • Mobility: This is for people who have difficulty moving around, such as people in wheelchairs or people with crutches.
  • Auditory: This is for people who have a hard time hearing or cannot hear at all.
  • Learning and/or cognitive: This is for people who may have learning disabilities such as dyslexia.

It is important to consider whether your store is inaccessible to people who fall under one or more of these categories. Are you doing enough to provide a satisfying shopping experience to these people?

The issues that arise from inaccessible retail

Besides just the financial losses a store can get from inaccessibility there is more to consider. At the end of the day, people with disabilities are still people. We must be empathetic to their concerns and needs.

Boy in wheelchair looking at stairs
(Source)

When stores are inaccessible, people with disabilities are further made to feel like they are not a valued member of society. Just imagine if every time you had to go shopping you had to deal with an obstacle course at the same time. It would make you think that the business does not want you there or is making it as hard as possible for you to be there. Unfortunately, this is the reality many disabled people have to live with.

Some other consequences that can arise from your store being inaccessible are:

  • Injuries
  • Exclusion
  • Stress & anxiety
  • Problems getting to certain products or services

This surely makes you ask, how can I make my business more accessible?

How can you make your business accessible

Hopefully you now have a better understanding of what accessibility is. Now we can move on to the most important part – how to actually make your business accessible to more people!

Evaluate your store

The first step is to take some time to assess your store. Are there places where people may have trouble with accessibility? Perhaps a certain aisle is too tight for people to move through easily if they are using a mobility aid, such as a wheelchair. Or maybe some of your signs are hard to read due to small lettering. Even things such as lighting can affect accessibility. Make a list of all of the potential issues within your store so you have an action plan to start.

Drawing of a checklist
(Source)

Understand your region’s accessibility regulations

Each country, state or province has its own rules and regulations when it comes to accessibility. Make sure you do some research into what your region specifies. This will also help you prioritize tasks within your action plan.

Examples of accessibility features

Accessible parking
(Source)

Here are some common solutions to accessibility issues. Keep in mind, these are just a few examples.

  • Ramps and automatic doors
  • Accessible parking
  • Large lettering on signage (72pt font is a standard size for more accessible readability)
  • Wide doors to allow people in wheelchairs or walkers to pass through
  • Braille on some signs
  • Comfortable lighting (not too bright but not too dark either)
  • Using patterns instead of only colors for differentiation for those with poor color vision
  • Flexibility at the point-of-sale (portable card processing machines or with long cables, ample room at self-checkout stations, etc.)
  • If you have TVs or screens, make sure closed-captioning is turned on
  • Include people with disabilities in your marketing
  • Be open to suggestions from people with disabilities

Take action!

Now that you know your region’s regulations, and you know what in your store needs work, you can begin taking action.

Once you have core accessibility issues resolved, you can take extra steps to make your customers with accessibility feel more included. Examples of this include:

Shopping cart with magnifying glass attached
This store has magnifying glasses on shopping carts to make reading fine print easier (Source).
  • Offering products which will appeal to people with various physical needs
  • Quiet spaces to give consumers a break from all of the hustle and bustle in your store. This is very effective for customers who experience sensory overload.
  • Have magnifying glasses that allow visually impaired people to read smaller texts and labels
  • Review websites and online stores for sufficient meta information for user navigation (versus just product information) as those who are visually impaired often use audio tools to read aloud online content
  • QR codes on product labels which will allow customers to inspect product information from their smartphones which have built-in accessibility modes
  • Hiring employees who know sign language

These extra steps will really help customers with disabilities feel included and accommodated.

Train your staff

Accessibility training
(Source)

While having accessibility features is a great thing, it is important that your staff, the people who represent your business, are also trained to serve customers with disabilities. Making sure that all of your staff are trained in the basics of accessibility etiquette will result in every customer getting the best customer service. You can find some services and products that help with disability awareness/etiquette training here.

Online accessibility matters too

Web accessibility illustration
(Source)

As mentioned above, accessibility doesn’t just stop at your physical store, but extends to your online sales channels as well. A survey in the UK showed that businesses lose a combined £17 billion due to a lack of online accessibility. This highlights the economic importance of making your digital sales channels accessible, beyond it being the right thing to do.

Make sure it is easy to navigate your website and that you include alt-texts on all images and navigation functions (e.g. buttons). Since people with visual impairments use applications to read aloud website content, alt-texts on images help describe and differentiate them to users.

Ensure readability on your website. Use legible fonts, clear color contrast and appropriate font sizes. This extends to captions on any video that may be on your website. Also make sure that you are using headings to organize text content on your site. Having a structure to your text content allows it to be more understandable to users with cognitive disabilities. For more info on web accessibility check out this Hubspot article.

Accessible businesses thrive

The best type of businesses are able to serve as many customers as possible. And offering access to those with disabilities, improves access for everyone. This makes your business more successful and a stronger member of your community. Please take some time as soon as you can to evaluate where you can improve accessibility in your business.


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Recession-Proofing Your Business: What Sells During A Recession?

Recession-Proofing Your Business: What Sells During A Recession?

Welcome to part 2 of our Recession-Proofing Your Business series. In the first part of this series we went over strategies that retailers can use to handle the recession. Some of these strategies included:

  • How to use software automation to reduce operational costs
  • How to reduce inventory based on changing customer needs
  • How to improve your relationship with customers.

In this blog, we will explain why consumers needs recession-proof products.

What are recession-proof products?

As the name suggests, recession-proof products are items that traditionally sell well during a recession. These are the type of products that people will keep purchasing even when money is tight. Here are 4 ways to tell if a product is recession-proof.

1. Inelastic demand

Elasticity with products or services is a way of explaining how shopper behavior changes when retail prices and household finances change.

When something has elastic demand, it means that any small change in price or the economy will have a big impact on whether customers will change the way they shop. The best examples of this are discretionary products. This is products that are not essential such as clothing or vacations. When the price of these items increase or people are short on money, more people will buy less clothes or take less vacations.

In comparison, products with inelastic demand are things shoppers will keep buying, even when retail prices increase or they are short on money. These products are usually seen as ‘essential‘, without any good substitutes. Products such as prescription drugs, tobacco, salt or mobile phone plans are good examples.

Maselow's hierarchy of needs
Maselow’s hierarchy of needs (Source)

Remember that essential products aren’t always things needed for survival, but they are products that shoppers feel they cannot stop buying. This can include products that comfort people during difficult economic times such as recreational products which satisfy certain emotional needs. Maselow’s hierarchy of needs above is a good way to think about whether a product you sell is inelastic. Products that satisfy needs higher up in the pyramid are more likely to be inelastic and harder to substitute.

2. A easy way to escape

Escapism art
(Source)

Uncertainty during a recession can lead to a lot of stress and anxiety. People will be looking for ways to escape from these tensions. So products that entertain people and help them keep their mind off of things often sell well during a recession. TV streaming, video games, junk food, alcohol, and similar products are examples of this. In the last part of our Recession-Proofing Your Business series, we touched upon the idea of the lipstick effect. This is a great example of how people shop based on the need for escapism and comfort during a recession.

3. Whether a product can be stocked in bulk

Canned food stockpile
(Source)

Whenever there is inflation, people want to stock up on certain products to avoid paying a higher price in the future. As a result, every day essential products with long shelf life will do well in a recession. As long as supply is reliable, essential products such as canned foods, rice, toilet paper, dish soap or instant ramen noodles that can be sold in bulk will continue to sell.

Encouraging shoppers to stock up on shelf stable products is known as stocking the pantry. By selling products in bulk, even at a lower price, retailers make marginal profit on the same sale and limit the space available in a household for shoppers to stock competitive products.

4. Seen as a lower-cost option

If you sell elastic products (non-essential products), it’s always a good idea to offer lower-cost options during a recession. This can be something as simple as smaller sizes or features. Making a smaller sale is still better than losing a sale completely. As long as you are clearly communicating how features vary between differently priced options, you will still be able to offer higher value products for those who can afford it.

You can also use the Apple’s Goldilocks strategy. Placing an expensive option next to a decently-priced option makes the cheaper one seem like better value.

Here are a few examples of how smart retailers are offering wallet-friendly versions of popular products during these inflationary times.

Flonase - the lower cost option
Retailers sell two versions of the Flonase nose spray. One with 72 sprays and one with 144 sprays. Giving consumers a choice between spending more to get more uses, or spending less. (Source)
Sales prices to illustrate anchoring
Uniqlo uses the idea of the Apple’s Goldilocks strategy here. Where you show an item at a higher price right next to a cheaper item. The more expensive product doesn’t look much better than the sale item, so consumers feel as if they are getting a great deal. (Source)

This is the same, even if you sell services or subscriptions. For example, it’s a good idea to offer lower cost subscription plans to avoid cancellations. The best example of this is what Netflix has done recently with their new ad-supported tier. By offering a downgradable plan, more shoppers will keep Netflix versus cancelling their subscription.

Tiered pricing for Netflix
Netflix Canada’s pricing table for the different tiers of membership (Source)

Recession-proof product categories

Now that you understand some of the reasons that drive shoppers to buy during a recession, let’s take a look at some examples of product categories that sell well when times are bad.

Food

This one is obvious since people need food to survive. As we said earlier, food that has a long shelf life will perform better when times are tough. The demand for cheaper food will always increase when shoppers are looking to save money. Of course a recession won’t stop consumers from purchasing food, but you can expect shifts in the type of food they will choose to spend on. If you’re a grocer or you sell food at your store, take the time to consider how to change your product line to meet these new shopper needs.

Self-care products

Collage of various self-care products
(Source)

Products for personal hygiene, self-care, and beauty have historically done well during recessions. This is thanks to the lipstick effect. However some of these products are also necessities, such as: toiler paper, soap, towels, etc. These products are needed by consumers and demand will generally remain stable.

DIY products

DIY lifestyle products also do well during recessions. This includes products that help improve your home (e.g. gardening tools, drills, hammers, nails, lawnmowers, etc.). Other examples include DIY products that give people an affordable creative outlet such as home decor projects or hobbies. It also allows consumers to save money as they will not want to pay a service for things like home maintenance during a recession. After all, DIY is a form of escapism and helps people de-stress.

Pet products

Pet food next to a dog and cat
(Source)

Pet products are strong recession-proof items as people consider their pets as members of their family. So they are not going to be forgotten during a recession. Especially essential products for those special family members. These include: food, litter, treats, and waste removal bags. Pet products will remain inelastic in demand throughout a recession.

Recreational products

A physical film collection in a store
(Source)

Once again people’s need for escapism helps another product category remain recession-proof. Recreational products are a staple during a recession. Lower-cost recreational products perform even better. A deck of cards, board games, cheaper video games, and cost-effective movie streaming are all examples of great recreational products. However these recreational products don’t only have to be in-home options. People will look for way to escape outdoors as well, sports equipment and camping gear are other great recession-proof products.

Off-price products

A discount tag on clothing
(Source)

Off-price retailing is the strategy of buying out-of-season or overstocked branded products and selling them at heavily discounted prices. Off-price shopping increases during recessions so if you have any distributors or suppliers willing to sell you their extra stock at a lower cost, you can also look at offering branded products at prices below MSRP.

Conclusion

Now that we’ve gone over product categories which have historically done well during a recession, you should review your own product mix to determine if you’re selling the right things during these tough times. If you are seeing success with other categories, please feel free to share your thoughts with us below in the comments.


To deal with a recession, investing in tools that optimize your operations is key. TAKU Retail is helps you manage your entire store and ecommerce operations, all under a single login. At the same time, we’re constantly adding new features to help our merchants deal with labor shortages. Click below to learn more about our new self-checkout feature to sell more with less staff.

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Retail Brick And Mortar Stores Are Here To Stay

Retail Brick And Mortar Stores Are Here To Stay

The rise of e-commerce during the pandemic has led many people to believe that that physical retail stores will soon be a thing of the past. After all, e-commerce feels more convenient as you can shop from the comfort of home. Even Google has seen an increase in the number of people wondering whether brick and mortar stores are dying.

Google search showing "are brick and mortar stores dying" as a popular search
Many people are wondering if physical stores are dying

We’re glad to report that, like many future predictions, the reality is a lot less scary. As post-pandemic studies and recent data has shown, physical retail is still thriving and here to stay.

E-commerce is not the only future

eCommerce artwork
(Source)

While e-commerce grew in popularity during the pandemic, post-pandemic statistics show that people are returning to their old ways. E-commerce sales in 2022 have slowed down. Some of this is likely pent up demand for shoppers who missed shopping in person during the pandemic. But according to research, 59% of shoppers do not trust internet-only brands. At the same time, e-commerce only companies continue to struggle to turn a profit. Many companies who bet on an e-commerce only future are now paying the price.

Brick and mortar retail stores are continuing to grow

Brick and mortar stores on a main street
(Source)

Even after all of the COVID-19 lockdowns, brick & mortar retail stores are thriving. In fact, for every brick and mortar business that shut down, two more businesses opened up. On top of that, sales in physical retail have actually gone up post-pandemic. In-store shopping has seen a 13.7% boost compared to pre-pandemic levels. This growth doesn’t just apply to big names like Walmart, but to small independently owned businesses as well! In fact, over 60% of small businesses are expected to grow their revenue over the next year. This is a trend that can be seen from pre-pandemic statistics as well. Reports show that between 2016 – 2021, the revenue of smaller retailers grew at an average of 51.33%.

And certain consumers actually prefer in-store shopping. The majority of Boomers and Gen X customers say that they shop in-store “all the time”. In fact, younger people such as Gen Z (along with Gen X) are two generations that actually shop more in-person than online. For them, their entire lives are already digital and physical retail appeals to them as experiential shopping

The shopping experience is too important

Woman trying on clothes before purchase at a brick and mortar store
(Source)

Another key reason why brick & mortar stores still appeal to shoppers is because it is still by far a better shopping experience. At the beginning we mentioned how e-commerce provides a certain level of convenience that physical retail can’t. Yet when it comes to immediate consumption, this is something that only physical shopping can offer. There is a level of satisfaction one can feel shopping in-store and taking something home right away. This is why the term retail therapy exists.

But beyond immediate satisfaction, shopping at brick and mortar stores allows customers to get an engaged shopping experience that they simply can’t find online. Being able to physically hold a product and sometimes try it out before purchase is a big factor in deciding to buy something. 59% of consumers say that the ability to try, touch and feel a product is key for in-store shopping over online.

Man using TAKU Self checkout

And when shopping in-store, one of the top priorities for shoppers is convenience, especially at checkout. After all, 97% of consumers have backed out of a purchase due to inconvenience. So if you are in or planning to enter the physical retail industry, be sure to offer easy checkout options. Things like self-checkout enhance the shopping experience for customers greatly.

The future is omnichannel

Omnichannel Management Diagram with TAKU Retail

Throughout this post, it may have felt like we are saying that e-commerce is worse than physical retail. However, the future of the retail today is really a combination of physical and digital shopping. As we mentioned before, consumers want convenience. Omnichannel offers the most convenience to consumers as it allows them to shop from anywhere, 24/7. There’s a reason why 58.6% of retailers are heavily investing in omnichannel fulfillment and 70% of small businesses have adopted digital tools over the past year.

The benefits of omnichannel aren’t just for customers either. Retailers are able to have more control over their business and sell more when they offer omnichannel shopping. After all, retailers who don’t sell on multiple channels end up missing out on ~30% of sales.

Being able to serve your customers in a variety of channels will soon be the standard in retail. For e-commerce, store pickup or fulfillment of online orders from local stores support main streets, is better for the environment and get products to customers faster as delivery costs increase. In order to keep up with the future, your retail business needs to be an omnichannel one.


Now, more than ever, is the best time to invest in omnichannel! Make sure your business is future-proof by implementing software that can support your business over time. Check out TAKU Retail and ensure your business is resilient and able to serve customers the way they expect to shop today.

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Retail Showrooms And Guideshops

Retail Showrooms And Guideshops

You may have heard of the retail term “guideshop” in the last several years. Brands such as Bonobos have had great success with guideshop stores. This retail strategy is a throwback to the idea of “showrooms” and works particularly well for retailers in the age of ecommerce. In fact, running a guideshop is also known as “showrooming”. But what exactly is a guideshop and why should retailers consider it for their physical stores?

What are guideshops?

Dyson's guideshop or showroom
Dyson’s demo store

IGI Global defines a guideshop as:

A physical store where customers can experience the products before purchasing it. The physical store only showcases the product for customer experience but do not sell any physical items. Customers place orders in the physical store [that] will be delivered to their homes.

It’s easy to understand why guideshops are also known as showrooming. After all, showrooms are traditionally physical locations where businesses display merchandise so that consumers can engage with products before ordering. One of the best modern examples is Dyson’s demo shop. Showrooms and guideshops typically carry little to no inventory for immediate purchase.

Who should consider this store strategy?

Showrooming and guideshops are traditionally best for retailers who sell products which customers prefer to take a look at, try on, or test out before purchase. Typically these products don’t sell as well if only sold online. In particular, showrooms are great when the retailer’s products physically take up a lot of space or are of high-value, both of which makes it hard to stock inventory in-store. Think of things such as appliances, furniture, jewelry, etc. With furniture for example, retailers have limited warehousing space since their stores need a lot of display space. But their shoppers often want to physically see how big a piece of furniture is, how comfortable it is, and how it feels in person before purchasing.

Modern Sense's furniture showroom
(Source)

The change today is that non-traditional showroom products are also able to use guideshops to offer better customer service with smaller, more cost-effective shops. This is exactly how Bonobos guideshops work. They are smaller stores where customers can go in and try on the entire product line for delivery at home. But Bonobos has made an effort to provide above-average customer service by training employees to help customers find the right fit and size.

Not only are guideshop stores easier and cheaper to operate without the cost of carrying stock, better trained sales associates encourage higher sales per shopper. And naturally, because customers will have a profile setup for their pickup or delivery, all of the shopping data in-store and online is stored for better customer service and personalized digital marketing.

Bonobo's guideshop
Bonobos guideshops

Another key market for guideshops are retailers that manufacture or sell their own private-label brands. When you sell a brand that cannot be found anywhere else, there isn’t a risk that shoppers will try on merchandise in-store and buy the products elsewhere. In this case, guideshops offer a cost-effective way to run more smaller physical stores without the carrying costs of traditional brick & mortar stores.

What kind of customers does this appeal to?

Guideshops tend to attract shoppers that enjoy touching, seeing or interacting with products before buying them. The slower, discovery process involved with customer service-driven guideshops and the inconvenience of carrying products around while shopping makes guideshops more attractive to shoppers in urban centers or walkable main streets. The strategy generally works even better for high value items where shoppers expect superior service and delivery may be considered more secure than walking around with a bag from an expensive store. For example, people often visit the Apple Store to test out new devices since they are expensive. But oftentimes during checkout, Apple shoppers will have their purchase shipped home to avoid carrying a bag around with the Apple logo on it.

An urban center
(Source)

The benefits of retail showrooms and guideshops

Hopefully this article has helped you get a good idea on why showrooming is great. To recap, here are the benefits of using a guideshop store strategy:

  • Increase sales: People spend more money when they are purchasing in-store. Impulse purchases are more likely. If you are an e-commerce company or a store looking to add an expensive new product line, a guideshop approach will help you increase your average order size.
  • Lower costs: Carrying less inventory is the easiest way to lower the overhead costs of your business. Keep in mind, you can also offer store pick up options to keep costs lower!
Customer trying out a product in a showroom
(Source)
  • Better experience for customers: Employees focus on helping customers find the perfect product for them and even upsell additional ones.
  • Sell more things: With less space required to stock products, showrooming allows stores to showcase more products. Retailers can sell products without having to stock anything and can simply order for delivery after taking payment.

Now that you understand what guideshops are, consider whether this could be a good strategy for your retail business. It is definitely a retail trend which will continue to change the way people shop.


Learning the ins and outs of retail is a journey. But it doesn’t have to be scary. TAKU is here for you. Check out our retailer’s glossary to read up on the 100 most essential terms in the world of retail! Click on the image below to learn more.

Best Laptops For A Small Business

Best Laptops For A Small Business

Like any other job, having the right tools to run your retail business is important for success. It is essential to have a computer to run a business in the modern age. An affordable laptop that meets your needs as a retailer can increase your productivity and make operations run smoothly. Through intense research, the TAKU team has created a list of the best laptops for small businesses. These laptops will be able to run software like QuickBooks, Microsoft Office, and TAKU Retail with ease. Since this is a list of laptops for small business owners we’ve kept the list to laptops under $1000 USD.

Before we dive into the list of laptops we should go over some of the basics of computer specs (specifications). Computer specs refer to the pieces that make up the computer. The specs are also a good indication of computer’s potential performance. Here are some of the most important specs to be looking out for when shopping for a computer/laptop.

Random access memory (RAM)

A stick of random access memory
What a stick of RAM looks like, this chip is inside the computer. (source)

RAM is one of the most basic specs one should look at when purchasing a computer. To simplify things, think of RAM as the shelf size in a store. The bigger your merchandising shelf is, the more products you can display nicely. The more RAM a computer has, the more programs and windows it can have open at once while still running things smoothly. RAM is measured in GB (gigabytes). 8 GB of RAM is the standard these days, and will be enough to keep up with the standard day-to-day operations for a business. It is important to keep in mind that Google Chrome is well known for using a lot of RAM. So if you are someone who likes to have a bunch of tabs open, you may want to spring for 12-16 GB of RAM. For a deeper explanation of RAM check out this article.

Central processing unit (CPU)

A central processing unit chip
A CPU chip, another component inside of computers (source)

The CPU (also known as a processor) is the brain of your computer. It is arguably the most important piece of the computer because it does most of the work. A strong CPU will usually mean a fast computer. Now CPUs are not measured in a metric (like how RAM is measured with gigabytes). CPUs require a bit of technical knowledge and research to understand which ones are the best. To keep things simple, we recommend that for business purposes you aim for an i5 or i7 processor. The i5 and i7 models are only with the Intel brand, but most of the laptops on our list contain Intel processors.

Storage capacity

SSD and HDD
The two types of computer storage devices (source)

The storage capacity of your computer is the amount of data it can contain. This is also measured in gigabytes. There are two options on computers these days when it comes to storage. There are solid state drives (SSD) and hard disk drives (HDD). HDDs are generally a lot larger (in storage & physical size) and cheaper but are not as fast to load your data. SSDs are much faster but cost more, this is why they’ll tend to have smaller storage space. SSDs are pretty much the standard now as they allow your computer to load Windows (or Mac OS) a lot faster (this means the computer starts up quicker). All the laptops in our list contain SSDs. For a full breakdown between the two check out PC Magazine’s article.

Now there are a bunch of other specs one can look at when shopping for a laptop, but the three mentioned above are a good starting place. So let’s dive into the best laptops for small businesses.

8 of the best laptops for small businesses

HP 15-dy2024nr

HP 15-dy2024nr laptop for a small business
Can be purchased from Amazon

The HP 15-dy2924nr is a great laptop at its price tag ($517.00 discount price on Amazon, and $659.99 standard price). The computer has the standard 8 GB of RAM, a 256 GB SSD and an Intel i5-1135G7 processor. The processor is quite a powerful chip and will ensure your programs run smooth. The laptop also has quick charging, letting it repower from 0% to 50% in just 45 minutes (not to mention its 8.15 hour battery life)! This ensures you waste no time and can get to serving your customers quicker. Purchase it from Amazon today!

Inspiron 15 3000

The Inspiron 15 3000, a great laptop for a small business
Can be purchased from the manufacturer

The Inspiron 15 3000 is quite a solid laptop. The laptop goes for $479.99 with the current sale on Dell’s website. The laptop has 12 GB of RAM, and a whopping 512 GB SSD! Furthermore it uses a 10th generation Intel i5-1035G1 processor. These specs at this price seem like a steal! The physical build quality of this laptop is in the mid range, but this is expected at this price tag. It is built from plastic, but a durable sturdy kind. The battery can last up to 11 hours in some use cases, making it more than convenient for a full day of running your business. With the specs offered and that price tag, you really can’t go wrong with the Inspiron 15 3000.

HP 17-cp0097nr

HP 17-cp0097nr
Can be purchased from the manufacturer

This HP laptop is the only laptop on this list to have a big 17.3″ screen. This is a great option for those who have a bit more difficult seeing things up close. This is also the only laptop on the list without an Intel processor, but the AMD Ryzen 7 5700U CPU is a powerful and well priced processor. The other specs are standard as it has 8 GB RAM and a 256 GB SSD. Now it is not the most bang for your buck laptop as it sits at $699.99 but it makes sense considering the large screen size.

Refurbished 2015 Apple MacBook Pro

2015 Apple MacBook Pro
Can be purchased from Amazon

The cost of a brand new MacBook is way beyond the budget of this list. However, if you are still itching for a Mac computer – you can’t go wrong with a refurbished MacBook. This refurbished 2015 MacBook Pro is going for $528.99 on Amazon right now. With 16 GB of RAM, a 256 GB SSD and a powerful Intel i7 processor, you’ll be able to accomplish any of your business needs! Apple computers are well known for their top class build quality, so know you’ll be getting a sturdy and beautiful laptop. Even for a 7 year old laptop, this machine still runs all the software a small business would need wonderfully!

Acer Swift 3

Acer Swift 3
Can be purchased from the manufacturer

This is one of the smaller laptops on the list with a 14″ screen. But the small body of the computer in no way impacts the performance. This computer has an Intel i5-1135G7 CPU, 8 GB of RAM and a large 512 GB SSD. One of the benefits of the smaller screen is that it allows the batter to have a whole 13 hours of charge! The laptop is very light too at 2.56 lbs. A really sleek computer with a decent price point ($799.99).

Lenovo Yoga 7i (14”) 2 in 1 Laptop

Lenovo Yoga 7i (14”) 2 in 1 Laptop
Can be purchased from the manufacturer

Lenovo makes some the best quality Windows laptops on the market, and their Yoga series is definitely a contributor. The Yoga 7i is a 2 in 1 laptop, so it can be used as both a traditional laptop or a tablet. The base model comes with an 11th generation i5-1135G7 CPU, 8 GB of RAM, and a 256 SSD. All of that is priced at $764.99, upgrades to some specs can be chosen on their website for additional costs. Since this laptop is also a 14″ screen, it can run up to 13 hours with full battery life. Even though the specs seem similar to others on this list, the higher price point comes from Lenovo’s super high quality craftsmanship. These machines are similar to Macs in the sense that they are very durable and sleek. The durability is thanks to the use of high quality materials for the device.

Microsoft Surface Pro 7

Microsoft Surface Pro 7
Can be purchased from Amazon

The surface laptops blur the line between tablets and laptops. Surfaces don’t come with a built in keyboard (those can be purchased separately). But they are very sleek, modern, and powerful machines. The specs are as follows: 8 GB RAM, 256 GB SSD, and an Intel i5 8032. This machine is probably the least bang for your buck (especially at the $759.00 price point) compared to the other options on this list, but it is still a really well-built and a decently powerful machine.

2020 Lenovo ThinkPad E15

The Lenovo ThinkPad E15 business laptop
Can be purchased from Amazon

Lenovo ThinkPads have been a staple in almost any business sector for a long time, and there’s a reason why. The ThinkPad series have some of the best security features in the industry. This specific ThinkPad has 16 GB of RAM, a 512 GB SSD, a 15″ screen, and a powerful Intel i5-10210U processor. All of this comes at a price tag of $928.95. Although this is the most expensive option on this list, it is also one of the best value laptops. At that price point the specs almost seem like a dream! Pair that up with Lenovo’s top notch build quality and premium security features, and you have a top of the line laptop! If you are not constrained by tight budgets, we recommend this laptop the most out of everything on this list.

There you have it! TAKU’s list of the best laptops for a small business. Now it should be mentioned that laptops in general don’t have long lifespans compared to regular desktop computers. So if your budget allows it, you might want to invest in an even more expensive laptop. This way you can ensure your device will have a longer lifespan. You now have some computer knowledge to get a basic understanding when doing some laptop shopping. We hope you use the information provided to find the best laptop for your small business.


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