Square Retail Solution
(Inventory, Channels, Data)
Retail ICP
Retail Employee Roles

Call Language & Glossary

Other
100

Help efficiently & easily print and create barcode labels

What is inventory management?

100

Articles/items worn on body - name 3 

-clothes/apparel

-jewelry

-shoes

-accessories 

100

-Manage online platform, Optimization of online storefronts (conversion and design etc)


What is ECommerce?

100

Goods the merchant has on hand.

What is inventory?

100
Competitors in the industry - name 2

-Clover

-Shopify

-Lightspeed

200

Help understand who is shopping, what is purchased, build relationships

What is customer data?
200

Types of beverage shop to purchase from? (*not a restaurant)

What is a wine/liquor store

200

-Manages inventory across back of house POS platform and in POS

-Manages store employees who use POS. 

What is Operations?

200

Term and/or acronym to acquire the goods that were
sold.

What is Cost of Goods Sold (COGS)

200

3 plans Square for retail offers

What is free, plus, premium?

300

Import & export items/catalog into database

What is inventory management?

300

Sport related goods for purchase - name 3

-Bicycles

-Water sports

-Surf shops

-Ball related sports

300

-Managing employees, all daily operations and high level growth metrics 

Who is General Manager?

300

The ability to fulfill any order (placed in store or online) via any channel (from any store or fulfillment center).

OmniChannel

300
Square for Retail now integrates with which major company?
What is Google
400

Customer profile database

What is Customer Data?

400

Food shops - name 2

-candy, chocolate, cookies, treats, etc

-cheese, meat


400

-Highly analytical and need accurate reporting around sales, inventory, and other data

Who/What is Accounting/Finance?

400

The amount by which revenue from sales exceeds costs of selling an item, it is a measure of profitability and expressed as a percentage calculated as net income over revenue from sales.

What is Margin?
400

With Square's merchant of record approach, what 3 levels of business data can we provide? Name at least 1.

-Merchant

-Transaction

-Client


500
Connect all inventory across POS, ecommerce solution, invoices, etc.

What is sell across all channels?

500

Highest ticket retail items in 2020

  • Bicycles, Electric Bikes, Bike racks*

  • Furniture or home improvement*

  • Digital cameras/accessories*

  • Home theater equipment*

  • Watches & Jewelry*

  • Home Appliances*

  • Automotive equipment/accessories*

  • Electronic equipment*

500

-PCI compliance and fraud protection and prevention, ensuring network is available to all systems during operating hours. 

Who/What is IT?

500

The price paid to acquire an item, and is used to calculate the Total Inventory Value, and the COGS.

Unit cost

500

Reference Stories - Square for Retail Customers - name at least 1

  • What Goes Around Comes Around - clothing and apparel 

  • The Hair Shop - hair extensions retailer

  • Credo Beauty - health and beauty 

  • Hi-Lo - liquor and wine + convenience store 

  • Mulberry & Grand - clothing and accessories 

  • Kith & Kith Treats (at one location) - clothing and apparel 

  • The Normal Brand - clothing and apparel 

  • Madison Matthews (eComm + instore)

  • Altra Running - running apparel 

  • Verve Wines

  • Alphabet City Wines

  • Newell Brands

  • Coachella - concessions and vendor sales across campgrounds 

  • Sofi Stadium - concessions and 10 retail stores

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