Cutting Edge Products Magazine Archives - Page 14 of 26

Tighter Budgets Cause Surge in MRO Projects

Posted by Wanda Lenoir
On August 21, 2023
Cutting Edge Products Magazine, Hardware and Building Supply, Hardware Stores, MRO Projects, Tighter Budgets, Wanda Lenoir

Last year homeowners tackled expensive renovations and were willing to wait months for the services of contractors. Disruptions in the supply chain created a ripple effect that caused contractors to search the market to obtain the materials necessary to fulfill contractual obligations. However, rising inflation, escalating material costs, and an unpredictable housing market have changed consumers’ perspectives. When people are uncertain about the future, they spend less on non-essentials and hire others to complete tasks they can do themselves.

Central Lumber & Hardware

Posted by Wanda Lenoir
On August 21, 2023
Central Lumber and Hardware, Cutting Edge Products Magazine, Do it Best, Harlowton, Montana, Paint & Sundries

The small town of Harlowton Montana, population about 1,000, sits beneath a bright blue sky framed by big snowy mountains. It was founded in 1900, as a station stop on the Montana railroad, and was named for Richard A Harlow, the company’s president. The state’s biggest city, Billings, is about 90 minutes away. With so few people in town, it takes someone with a pioneering spirit to successfully operate a hardware store. Jeff Sell, owner of Central Lumber & Hardware, is that person. The Do it Best store

Tap into the Demand for Cleaning Solutions

Posted by Wanda Lenoir
On August 21, 2023
Clorox, Cutting Edge Products Magazine, Household Cleaning, Impulse Items and Home, Wanda Lenoir

The Category is Thriving Research indicates the household cleaning supplies market reached $35.3 billion in 2022. The category is projected to grow at an annual rate of 4.9 percent and generate sales of $47.1 billion by 2028. Unlike many products that experience peaks and valleys, cleaning solutions are in constant demand, and manufacturers continually innovate to remain competitive. In such a broad category, it's easy for independent retailers to carve out a niche tailored to their customer base.

Watcher Vision 360

Posted by Contributor
On August 8, 2023
Cutting Edge Products Magazine, Digital Security Guard, Watcher Total Protection, Watcher Vision 360

Your new Digital Security Guard! Watcher Vision 360 is your complete loss prevention solution. It connects to existing surveillance systems (Watcher, and non-Watcher camera systems). Analyzes selected aisle camera video to detect typical shoplifting behavior. Sends alerts with video segments to smartphones or computers within 15 to 20 seconds of detected suspicious activity with no user limits. The system will also track product costs saved by shoplifting stopped due to alert notifications.

Weathering Slow Sales in the Lazy Days of Summer

Posted by Wanda Lenoir
On August 8, 2023
Cutting Edge Products Magazine, Spotlight on Business, Wanda Lenoir, Weathering Slow Sales in the Lazy Days of Summer

Now that people are spending time relaxing outdoors or enjoying summer vacations sales at most retail stores will slump a little. So, what do you do in the months between the two peak selling seasons—spring and fall? You get creative and come up with ideas for promotions and community events that your staff can implement without breaking the bank. Give people a reason to make add-on purchases when they come in to shop. It’s also smart to promote your business as a destination point by partnering with other businesses to hold events. These activities help build traffic and attract customers.

ECI SOFTWARE SOLUTIONS

Posted by Contributor
On August 6, 2023
Cloud Based Software System, Cutting Edge Products Magazine, ECI

ECI’s cloud-based software is built for the unique challenges of lumber yards and home and building supply businesses. With ECI you can be confident in your business’s ability to thrive today and in the future.

Prepare a Plan to Limit the Impact of Supply Chain Disruptions

Posted by Wanda Lenoir
On July 10, 2023
Cutting Edge Products Magazine, Spotlight on Business, Supply Chain Disruptions, Wanda Lenoir

Retailers know disruptions within the supply chain come with the territory and are often tied to events beyond one person's control. The best thing store owners can do is prepare to take action to minimize the impact on their customers and day-to-day business operations.

New! Made in the USA Screwdrivers

Posted by Contributor
On June 14, 2023
Cutting Edge Products Magazine, Hardware and Building Supply, Made in America, Mayhew, Screwdrivers

Mayhew Tools introduces a new line of screwdrivers that are entirely made in the USA. The line, with products sold both individually and in sets, includes over 100 items to fill the needs of the user.

Create a Shopping Experience that Keeps Customers Coming Back for More

Posted by Contributor
On June 5, 2023
Cutting Edge Products Magazine, Shopping Experience, Spotlight on Business, Wanda Lenoir

When it comes to customer service, shoppers think independent retailers are the champions of the home improvement industry. Most people can share a story about making a quick trip to the hardware store to take care of an emergency home repair. Or maybe they dropped by to get encouragement to finish a DIY project that somehow went wrong.

Thrifty Shoppers Shift to Low-cost Home Repairs and Buying Used to Save Money

Posted by Wanda Lenoir
On May 25, 2023
Cutting Edge Products Magazine, Spotlight on Business, Thrifty Shoppers, Wanda Lenoir

Keeping an eye on trends and economic indicators can help store owners determine what’s on the minds of consumers. It enables organizations to prioritize buying and selling the best products for specific markets. Retailers can also focus on critical aspects of the business that increase foot traffic and drive profitability.

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