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6 Multi Store Retail Challenges and Their Solutions... Are you a multi store retailer looking for solutions to your chain store management problems? Not to worry. FusionRetail has an answer to your troubles. Below are 6 challenges of multi store retailing...

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Prepaid Taxi Booth Billing Software by Rancelab Have you ever stood in the prepaid taxi queue outside Howrah station in Kolkata? The agony of the long wait, first for getting your token and then for finding your cab - is often unbearable. Same is the...

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5 Dumb Ways to Manage Your Store So you think you are a smart manager? That you know very well how to manage your store? You are probably right too. You must have gathered a lot of experience over the years in managing your retail...

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Running A Retail Mall With a Software Retail malls have their own set of operational issues. They range from longer queue management to more extensive inventory management. It often becomes daunting. See how Shankar Mall in Dhanbad has...

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Managing a Wholesale Business With a Retail Software Did you think managing a wholesale business with a retail software is possible? "Why not!" says our client Shankar Novelty. Check out this video by their proprietor Mr. Ashoke Kumar Saw where he talks...

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RanceLab® invites you to AAHAR International Food Fair, Chennai

Category : News and Events

RanceLab has announced participation in AAHAR, International Food Fair 2011, to increase the awareness about it’s Point of Sale, Retail Management software and POS hardware products, an Initiative by Indian Trade Promotion Council.

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RanceLab® invites you to 18th GGMA

Category : News and Events

RanceLab has announced participation in 18th GGMA Garment Fair to increase the awareness about it’s Point of Sale, Retail Management software, barcode and POS hardware products, an Initiative by Gujarat Garments Manufacturers Association to display FusionRetail software along with Barcode and POS hardware products. They will also be appointing authorised dealers, resellers and channel partners in Western India.

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RanceLab® invites you to 18th EIGMEF

Category : News and Events

RanceLab has announced participation in 18th EIGMEF Garment Fair to increase the awareness about it’s Point of Sale, Retail Management software, barcode and POS hardware products.

Nilesh Shah, Director (Marketing) of Rance Computer Pvt. Ltd. today announced that they will participate in 18th Buyers and Seller Meet 2011, an Initiative by Eastern India Garments Manufacturers and Exporters Federation to display FusionRetail software along with Barcode and POS hardware products. They will also be appointing authorised dealers, resellers and channel partners in Eastern India.

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RanceLab® invites you to 53rd National Garments Fair, Mumbai

Category : News and Events

RanceLab has announced participation in 53rd National Garment Fair to increase the awareness about it’s Point of Sale, Retail Management software, barcode and POS hardware products.

Mr. Navin Ladha (CEO) of Rance Computer Pvt. Ltd. today announced that they will participate in 53rd National Garments Fair 2011, an Initiative by The Clothing Manufacturers Association of India to display FusionRetail software along with Barcode and POS hardware products. They will also be appointing authorised dealers, resellers and channel partners in Western India.

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Invitation to AAHAR 2011, New Delhi

Category : News and Events

Invitation to AAHAR 2011, New Delhi

Venue Pragati Maidan, New Delhi
Date March 10 to 14, 2011 (Thursday to Monday)
Time 10:00 AM to 6:00 PM
Hall No 14-29
Stall No Booth# 5 (RanceLab)

RanceLab® cordially invites you to AAHAR 2011, the biggest Hospitality Exhibition
to be held on 10 to 14 March 2011 at Pragati Maidan, New Delhi.

We have on-display for you FusionRetail Software and Barcode and POS Hardware from well known brands.

FusionRetail in a nutshell

“Increase your profits and maximize control in just 10 days
by automating all areas of your F&B Business”  …100% Guaranteed.

FusionRetail 6 is a Ready-to-use Software for Restaurants and Food Courts.
It adapts to specific needs of every F&B businesses, small or big, individual or chain.
FusionRetail is the fastest in implementation and training too.
Running successfully at 7500+ pos counters in 10+ countries.

Benefits rendered in 3-6 months of implementation
·         increase in SALES by 20-30%
·         reduced STOCK holding cost
·         devoted STAFF with high efficiency
·         increased SPACE productivity
·         maximized MARGIN with lower investment
·         loyal CUSTOMERS brings repeat business
·         reduce EXPENSES by 20-40%
·         happy SUPPLIERS offering extended credit

Come and experience the most admired Restaurant Software that will exceed your guest’s experience.

FusionRetail Team
Ph: +91-33-4066-4277
sales@rancelab.com
www.rancelab.com

RanceLab participates in Nasscom Emerge Out Conclave 2011

Category : News and Events

Takeaways from Nasscom Emerge Out Conclave 2011

Increase your sales from Internet Marketing

Here’s an interesting game to play for website owners on a regular basis to convert more prospects into buyers.

An interesting fact before we learn how to play this game – “People buy on emotion and justify with logic.” So if your prospect decides to buy your product or service from your web site, he does so because of some gut feeling after looking at your website. Now if he can successfully justify this with logic (again based on your web site content), he will go ahead and do so. If the information on the site does not help to justify this, he will abort the purchase.

  • Become a prospective customer to your own products
  • Open your website in a different browser window
  • Now pen-down the emotions running through your mind
  • Find out whether the objectives set and functionality offered are clear
  • Play it as a game and find a list of enhancements you can do to your website

Play it as much time as you can, and increase your customers :)

Click here to check the video of speaker Mr. Arun Agarwal

RanceLab participates in East India Retail Summit 2011

Category : News and Events

RanceLab has participated in East India Retail Summit 2011 to share the experience of “Role of IT in Retail Business”. The summit was attended by over 200+ industry honchos and brand marketers.

Our CEO, Mr. Navin Ladha, one of the key panelist, has shared his knowledge and vast experience with the retailers who are facing challenges in implementing IT systems for their business.

Mr. Ladha quoted, “To Err is human and the job of IT is to reduce the Errors and sometimes Humans too.” His thoughts were acknowledged by many retailers during the event.

Here are the questionnaire by the retailers and Mr. Navin Ladha’s take on it.

Q: What is the right time to buy IT systems for business?
A: IT (Information Technology) is one of the primary key to unlock the door of success.
It is important to have it in place before the doors of retail are made open for customers.

Q: What should be the investment on IT for a start-up Retail?
A: Typically it is 1% of planned / actual yearly turnover. Ideally 1.5-2% of yearly turnover,

Q: What should be the cost-breakup of Software viz a viz Hardware?
A: There is no mathematical formula for it. However, it is 50:50 sharing.

Q: What should be the yearly maintenance cost for overall IT setup?
A: On an average it is 0.75-1% of annual turnover.

RanceLab congratulates all the participants, visitors and retailers who attended and made this event a great success.

Invitation to Hospitality World

Category : News and Events

Invitation to Hospitality World

Venue             MMRDA Grounds, Bandra-Kurla Complex, Mumbai
Date                January 26 to 29, 2011 (Wednesday to Saturday)
Time                11:00 AM to 7:00 PM
Stall No B70 (RanceLab)
RanceLab® cordially invites you to Hospitality World, the biggest Hospitality Exhibition
to be held on 26 to 29 January 2011 at MMRDA Grounds, Bandra-Kurla Complex, Mumbai.

We have on-display for you FusionRetail Software and Barcode and POS Hardware from well known brands.

FusionRetail in a nutshell

“Increase your profits and maximize control in just 10 days
by automating all areas of your F&B Business”  …100% Guaranteed.

FusionRetail 6 is a Ready-to-use Software for Restaurants and Food Courts.
It adapts to specific needs of every F&B businesses, small or big, individual or chain.
FusionRetail is the fastest in implementation and training too.
Running successfully at 7500+ pos counters in 10+ countries.

It includes
·         POS
·         Inventory Management
·         Financial Accounting
·         CRM with Loyalty Cards
·         MIS (Management Information System)
·         Analysis / Pivot Reports with Graphs
·         Customer Service
·         Chain and Franchisee Management
·         Third Party Link (Integration to Tally 9.0 ERP)
·         Report Designer

Come and join us at one of the year’s most awaited event in the hospitality calendar.

FusionRetail Team
Ph: +91-33-4066-4277
sales@rancelab.com
www.rancelab.com

Meet the experts who cares about your Retail and F&B Businesses

Category : News and Events

Meet the experts from IT Industry who cares about your Retail and F&B Businesses.

Come and join us at industry’s awaited event “East India Retail Summit”

When: 7th and 8th Jan ’2011
Where: The Oberoi Grand, Kolkata
Time: 10 AM to 7 PM

RanceLab has taken an action to revolutionize retail business with best of IT Products and Services.

Be a part of the event and exchange your ideas with people behind RanceLab.

Our CEO, Mr. Navin Ladha is going to share his views on “Role of IT in Retail.”
He is on Panel discussion on 8th Jan, 2011, Saturday at 10-11 AM.

Our Director Marketing, Mr. Nilesh Shah will be joining him at the event.
He will be delighted to share his knowledge that increases your customer experience.

Are you ready for Black Friday

Category : News and Events

Black Friday is the discount shopping day that follows American Thanksgiving, which is always on a Thursday.

Retailers promote Black Friday as the day to start shopping for Christmas. Black Friday is often advertised with “Christmas Sales” as well as “Thanksgiving Sales

The word “black” in Black Friday refers to the term “in the black” meaning making a profit. Today, Black Friday is not a crucial source of profit to retailers, but is important in driving traffic into stores. Many retailers mail special Black Friday circulars to consumers, announcing deeply discounted items in the hopes that consumers will visit their store on Black Friday.

Marketing studies have shown that many Black Friday shoppers will buy other merchandise from stores in which they planned to visit to purchase advertised items. The increased volume of shoppers buying non-discounted items makes Black Friday profitable for retailers even though they do not make much profit on deeply discounted merchandise.

While some people head out on a Black Friday to just “window shop”, others insist they will not shop on a Black Friday at all, citing overcrowded parking lots and wall-to-wall shoppers as reasons to forgo saving money at sales. Yet many others not only pre-plan which items they will buy from which stores, they are willing to brave long lines to get bargains on items they want.

Electronics and toys are popular Christmas gifts and are often the most sought-after bargains during Black Friday shopping excursions. Retailers often slash prices on the latest electronics and toys by as much as half or even one third of their suggested retail price. Retailers know consumers will respond to such enormous opportunities to save on Christmas shopping costs. Jewelry is another popular Black Friday item that shoppers look for discounts on, although gigantic discounts on jewelry items are not usually as common as drastically slashed prices on toys and electronics are.

This year we are observing Black Friday on 26-Nov-2010