Technology offers numerous tools that can help merchants streamline their operations:
1. E-commerce Platforms: Allow merchants to reach a global customer base. 2. Point of Sale (POS) Systems: Simplify transactions and inventory management. 3. Customer Relationship Management (CRM): Helps in managing customer interactions and improving service. 4. Supply Chain Management Software: Enhances efficiency in managing suppliers and logistics. 5. Data Analytics: Provides insights into consumer behavior, helping merchants make informed decisions.