I talked about using information and some creative ideas to become unique and stand out from other retailers, increasing your retail sales. Now, I’m going to discuss being unique from a different angle. It has nothing to do with using your technology better. It isn’t about some clever ideas I’ve come across in the retail [...]
Loss Prevention in Retail Stores
October 9, 2009 By Leave a Comment
Of course, protecting your investment in your inventory is an important priority. In a retail store, there can be lots of overlooked areas where theft can easily occur. Deterrent is the best way to prevent loss, so we are going to give you a few tips and tricks to help reduce loss in your store. [...]
Tackling Abusive Customers: Customer Service Training : Personal Attacks In Retail Sales
October 2, 2009 By 9 Comments
Personal attacks which include profanity, abusive language and any other verbal or physical attack on you personally as a retail store staff should not be acceptable. View the short video below and learn how to deal with it. Personal verbal attacks in store or on telephone happen quite often in retail with an irate customer [...]
Worried American Retailers Look to Canada Retail for New Revenue Streams
September 28, 2009 By 2 Comments
With the faltering US economy and the resulting drop in consumer spending, many American based online merchants are now scrambling to find new markets to replace income lost as Americans curb their online personal spending. These Web based businesses are looking for new markets that have a “wired” Internet savvy population, with an economy in [...]
10 Great Retail Franchise Businesses You May Never Have Considered
September 27, 2009 By 1 Comment
The word retail can bring to mind a handful of things for the average American: Wal-Mart, Target, Macy’s, JC Penny, a favorite book shop, and maybe the handful of little mom-and-pops in the neighborhood. Entrepreneurs, however, are no ordinary Americans, and they know that there are plenty of other business opportunities available to anyone hoping [...]
Publishing Industry – Retail Margin, Trade Discount and What it Means for the Author
September 26, 2009 By 4 Comments
DEFINITIONS Retail margin is basically the difference between your book’s wholesale price and your book’s retail price. For example, a book with a cover price of $10 and a wholesale price of $5 has a 50% retail margin. Wholesale price is the cost of your book to a retailer. To use the same rudimentary example, [...]
Retail Service: Considering the Cost of a POS – Point Of Sale – System
September 26, 2009 By 1 Comment
While Point of Sale systems are not new–large chains have been using them for more than 20 years–what is new is the price. POS inventory systems are typically sold as modules and can cost anywhere from $3000 to $6000 per station, for the software, scanners, printers, installation, training, and support, plus costs for integrating into [...]
Retail Distribution Made Easy
September 24, 2009 By Leave a Comment
In a business, your primary goal should always be to decide or assess just exactly who your target audience or market is. Once you have determined who this is, the other aspects of your business would be able to fall in place. This should also be true in a retail distribution system. When planning or [...]
The Benefits Of Retail Sales Training
September 24, 2009 By Leave a Comment
Retail sales training will not only help you survive in the retail market, but retail sales training will give you effective results to beat the competition. Many people think that price is what controls the retail market, however with retail sales training you will learn that price may attract customers, but it may not necessarily [...]
Use of Lighting to Increase Retail Sales
September 23, 2009 By 3 Comments
The first thing a customers sees entering a retail setting is its lighting scheme. Think about it. If the lighting makes you uncomfortable, chances are you’re not going to stick around to spend money. For many retailers, the key is creating an atmosphere that welcomes shoppers and accents well-planned displays and floor plans. Greeting customers [...]
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