In 2010 grocery stores now acquire ?18billion in spending that otherwise would have gone to other merchants. According to The Payments Council they now receive 55 pence in every pound customers spend in the stores. This is a mighty competitor who has created quite a challenge for supermarket store owners to remain competitive.
So how can you compete with this? There is no easy way to answer this question Solomon Thomas Youth Jersey , it is indeed very tricky to compete with the big grocery stores out there but there is one bit of advice that we can offer you based on our expert knowledge. If you do not already accept card payments then doing so might possibly help you in the fight.
The best thing you can do is make your supermarket more appealing to the local area and make it easier for your customers to pay.
Card payments are on the rise.
Individuals do not use cash as much as they did a decade or more ago, and in case your supermarket store has been accepting only cash then this is certain to affect your business profits pretty soon. Men and women no longer receive thier wages in cash, but alternatively most wages are paid directly into individual bank accounts and therefore your customers do not withdraw their money unless they have to.
Your customers want to pay with their bank cards Fred Warner Youth Jersey , this is clear to see because over the last 10 years credit card use has increased four times as fast as overall spending. Getting a card terminal installed in your store could enable you to take card payments.
For those stores that have the space it’s also advisable to have a cash machine installed to be able to take payment for smaller amounts. This may change in the future as contactless technology comes into play and causes cash to be even less widely used.
To end
Your store may not be able to compete with the supermarkets, but a key element in your business is in the name “convenience store” and if you can make your store available to clients when your supermarket isn’t, make it easier to access Dante Pettis Youth Jersey , and accept all payment methods, then you will never go out of business; in fact you are certain to increase your profits.
Discover how to Accept Credit Cards in your store today.
NAIROBI, June 22 (Xinhua) -- Kenya is on the cusp of being vetoed from the International Olympic Committee (IOC) family for failing to conduct its elections.
Pere Miro Mike McGlinchey Youth Jersey , the IOC Deputy Director General, said its Kenyan affiliate has refused to hold democratic polls and will have no reason not to cut its funds and any further communication during its Executive Board meeting on July 9-10 in Lausanne, Switzerland.
The IOC has demanded for concrete answers from the National Olympic Committee of Kenya (Nock) after their elections aborted on May 5 following a High Court injunction.
"A complete update on this situation will be provided at the next meeting of the IOC Executive Board on July 9 and 10 Richard Sherman Youth Jersey , which will reserve the right to take any further action in accordance with the Olympic Charter," said Miro in a response to Nock secretary general Francis Paul, who had written to IOC explaining the situation in Kenya.
IOC has warned Kenya it should not drag the name of the Olympic body in its circus saying that for the last one year they have spared no effort to facilitate and ensure the smooth and peaceful implementation of the roadmap agreed upon between all parties.
"Unfortunately Jimmy Garoppolo Youth Jersey , these allegations look like another attempt to avoid addressing the real issues," said Miro.
"IOC's role is to work for the interest of the Olympic and Sports Movement and the athletes as a whole, in accordance with the Olympic Charter and the principles and rules of the Olympic Movement."
IOC wants Kenya to clarify why Kenya Taekwondo Federation's case was not discussed and sorted out during national Extraordinary General Assembly where the revised constitution was adopted.
In defence Kentavius Street Womens Jersey , Paul, Nock secretary general, urged IOC to resume funding because they are in limbo and can't pay office rent and salaries to its employees.
Legendary Paul Tergat is expected to take over Kenya's Olympic body whenever the elections will be called to replace retiring Kipchoge Keino.
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BEIJING, Jan. 8 (Xinhua) -- China said Monday that it expected that Japan could meet it ""half-way"" to improve bilateral ties this year.
Foreign Ministry spokesman Lu Kang made the remarks at a daily press briefing, when commenting on reports that Japanese Prime Minister Shinzo Abe recently said that he wanted 2018 to be the year which people in Japan and China saw a ""great improvement"" in bilateral relations.
Lu said that China has noted the positive remarks and hoped Japan would act upon the four political documents and four-point principled consensus between China and Japan C. J. Beathard Womens Jersey , and seize the opportunity of the 40th anniversary of the signing of the