RaaS: Retail-as-a-Service

RaaS stands for Retail-as-a-Service. It's a business model where companies offer retail-related services or solutions to other businesses on a subscription or pay-per-use basis. RaaS providers generally offer a range of services, such as inventory management, point-of-sale systems, customer relationship management (CRM), marketing tools, and analytics. By using RaaS, businesses can access the resources and expertise they need to run their retail operations more efficiently and cost-effectively without having to invest in building their own infrastructure. RaaS is often used by small and medium-sized businesses, startups, and entrepreneurs.