Tags |
|
|
Links |
|
|
Casual Articles - Why Should I Spend my Hard Earned Money in Your Store?
We can all learn a lot from the World’s largest employer on how to run a business. Wal-Mart seems to get the program and understand all aspects of their business; from distribution to customer service. Speaking of customer service, Wal-Mart does an excellent job in customer service, they really do.If you need to return something they have a great return policy. If you need help in their store they have a podium set up in th
If your retail is at least twice your cost, t
Restructuring is not a slash-and-burn exercise, but one that calls for the surgeon’s skills. It does not require the use of a parang or long knife but the surgeon’s lancet. The restructuring process may involve re-engineering, downsizing, rightsizing and delayering. These all require the use of the same basic techniques and approaches.During the restructuring exercise, remember to use the 4 Cs.Communication: Th
Unfortunately, the previously mentioned statements describe most retail stores. There isn’t much difference in the competition and you. Running a profitable store is difficult. Smart Retail Store Owners look for any advantage. Store Owners have a tendency to think short-term instead of long-term.
The key to having a profitable store is to make it stand out for all the right reasons. You can keep your everyday pricing and perform this goal. Just be aggressive with ad pricing, plenty of special events to get a steady stream of customers in your store. Use superior customer service to WOW them and keep the customers coming back.
Advertising has only one purpose. It is to get customers to visit your store. Store Owners are too worried about gross margin %. You can’t gross profit margins to the bank. Good ad items with the right discount should result in a steady volume of customers through the door. Most customers buying ad items will buy other items at full retail.
If your retail is at least twice your cost, th
Customer Service is important in all businesses especially service businesses, because that is what you are selling services. If you come to a person's house or business to do a remodel or retrofit or merely some easy tenant improvements then you must give good customer service.That includes from the time you take the appointment until you are completed, paid and ask for a referral. And if you do not give good service your
The key to having a profitable store is to make it stand out for all the right reasons. You can keep your everyday pricing and perform this goal. Just be aggressive with ad pricing, plenty of special events to get a steady stream of customers in your store. Use superior customer service to WOW them and keep the customers coming back.
Advertising has only one purpose. It is to get customers to visit your store. Store Owners are too worried about gross margin %. You can’t gross profit margins to the bank. Good ad items with the right discount should result in a steady volume of customers through the door. Most customers buying ad items will buy other items at full retail.
If your retail is at least twice your cost, t
You can create great relationships by name dropping. You may say that most people do not like those that are constantly dropping names. If it is done discretely, you will find that it can bring you more business and help to make more business relationships. For example, I had a customer that was struggling with their own identity and wanted to develop their own brand. The problem was that they were doing too many things to concent
Advertising has only one purpose. It is to get customers to visit your store. Store Owners are too worried about gross margin %. You can’t gross profit margins to the bank. Good ad items with the right discount should result in a steady volume of customers through the door. Most customers buying ad items will buy other items at full retail.
If your retail is at least twice your cost, t
Layoffs are part of corporate America. Several times a year the business section of the newspaper mentions another large layoff at well-known companies. One of the biggest layoff announcements of the year 2005 has been made by General Motors. GM wants to layoff about 30,000 of its employees. Several other companies have made similar announcements and more are to expect - sooner or later. This can happen almost anywhere and in any
Advertising has only one purpose. It is to get customers to visit your store. Store Owners are too worried about gross margin %. You can’t gross profit margins to the bank. Good ad items with the right discount should result in a steady volume of customers through the door. Most customers buying ad items will buy other items at full retail.
If your retail is at least twice your cost, t
Despite the high oil and gas prices the trucking industry is running at record profits. In fact UPS and FedEx are growing and both announced major acquisitions in the Industry in the neighborhood of over two billion dollars. Unfortunately, the trucking industry cannot get enough drivers to drive all the trucks and haul all the product that needs to get to market.It is estimated that by 2007 there will be a shortage of 145,
If your retail is at least twice your cost, the minimum discount should be 20% off. Having one good item at 50% off can increase your sales and profits. If you only have a 5-10% off discount, it will result in no extra traffic. Worst yet, your store will get the reputation of a poor pricing store. This will cause your business to struggle in the long term.
Special Events can be a great traffic draw also. Some of them are free or low cost. They could be as simple as having medical tests, costume events, special sale events, free training courses and hundreds of other possibilities. Special Events are made to get customers to visit your store before a competitor.
Some large companies have success withholding free training on many topics. You can build long-term loyalty and even get extra short-term sales from the free training classes. Use your imagination to come up with an event to have customers remember your store.
Once you get the customers in the
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.casualarticles.com/article/14976/casualarticles-Why-Should-I-Spend-my-Hard-Earned-Money-in-Your-Store.html">Why Should I Spend my Hard Earned Money in Your Store?</a>
BB link (for phorums):
[url=http://www.casualarticles.com/article/14976/casualarticles-Why-Should-I-Spend-my-Hard-Earned-Money-in-Your-Store.html]Why Should I Spend my Hard Earned Money in Your Store?[/url]
Related Articles:
ReishiGo Healthy Coffee - Home Based Business
A good logo vs. a FABULOUS logo
Managing Change -- Endings Are Just Doorways to New Beginnings
Bookmark it:
|