Half of retail businesses are spending at least 3 hours per week syncing their online and offline orders and inventory, according to new research.
Key research findings:
50% of retail businesses spend in excess of 3 hours / week syncing online orders and inventory
Almost 10% of businesses say they spend more than 10 hours / week doing their online and offline store syncing
More details about the research:
Answers to the question: “As a retail store owner, how much time per week do you spend syncing your online and offline orders and inventory?”
Less than an hour (33%)
3-5 hours (22%)
1-2 hours (17%)
6-8 hours (15%)
More than 20 hours (5%)
9-11 hours (4%)
12-20 hours (4%)
Demographics: 100 US-based respondents from a panel of SMBs (small and medium-sized business) owners. Respondents are aged between 25 and 54 and have an average inferred annual income of $50k - $150k.
This research was conducted to better understand how much time per week is being occupied by online and offline syncing by retail store owners.
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