BY NICK TALARICO Do it Best Executive Vice President of Sales & Marketing Data Informs. It’s revolutionary. It provides valuable insights that can help independent home improvement business owners personalize the customer experience, increase efficiency and operations and optimize product …
Read More »Tag Archives: data
Embracing Technology to Enhance Customer Loyalty
Once reserved for frequent fliers and elite customers, loyalty programs have evolved and can be found in all industries, offered by companies and businesses of all sizes. Despite their popularity with retailers, most loyalty programs aren’t creating loyal customers. On …
Read More »National Retail Federation Provides Consumer Spending Forecast
$966.6 billion. That amount is how much the National Retail Federation (NRF) forecasts will be spent on gifts and decorations from November 1 to December 31, a 3-4% increase from 2022. NRF’s holiday forecast is based on economic modeling that …
Read More »6 Trends in Lawn and Garden Product Sales
Lawn and garden care shows no sign of slowing down as a popular hobby, and it is Lawn and garden care shows no sign of slowing down as a popular hobby, and it is also a crucial part of home …
Read More »Dig Into Data With the 2023 Cost of Doing Business Study
The latest data you need to keep your operation on track is now available in the 2023 Cost of Doing Business Study. For over 100 years, the North American Hardware and Paint Association (NHPA) has surveyed home improvement operators throughout …
Read More »Analytics Highlight Paths to Growth
From marketing to inventory management, you can track analytics for nearly every aspect of your operation. That data, while overwhelming at times, is crucial for assessing successes and determining business strategy. For Hartville Hardware & Lumber, tracking analytics has been …
Read More »Share Your Data, Get a Cup of Coffee on Us
The latest installment of the NHPA Independent Retailer Index is brewing, and we need your participation. The Independent Retailer Index measures key performance indicators of independent retailers each quarter, and the aggregated data is released to allow you to compare your …
Read More »Tech Takeaways From NRF 2023: Retail’s Big Show
Tech Giants: Hear from former execs of technology powerhouses Amazon and Google at the 2023 NHPA Independents Conference. Learn more at YourNHPA.org/conference. Bringing together players from across the industry, NRF 2023: Retail’s Big Show focused on innovation, new ideas and …
Read More »