As a retailer, you know that profit margins are important. But what is the average profit margin on retail? We take a look at the data to find out. For our business, we need to make sure that we’re always aware of our margins. After all, it’s one of the key indicators of how well […]
I understand that many businesses are struggling. But, for the ones who have survived it’s not just about surviving but thriving and changing their operating models quickly. I tell them that the only thing they can control is how their business operates, not what happens to be going on in the market. It’s not like […]
The Retail Sales Leadership Program is a great way to get in touch with sales reps who are active on the ground floor. The program takes place at corporate headquarters and includes four days of meetings, workshops, presentations and team-building exercises. Managing a team of employees is an important responsibility. If you don’t have the […]
A successful sales discount promotion can be a great way to increase your revenue, but there are many factors that must come into play for it to work. To get the most out of them, you must evaluate the type of discount promotion to give as well as how to implement them. There are numerous […]
Many retailers are wondering, “How can I get more sales from men in my retail store?” We have been overlooking the shopping habits of men for too long. There is a lot more data coming out that shows just how much we should be paying attention to what they want. The recent influx of male […]
The retail industry is always changing and it’s important to keep up with the latest trends. So here are five new ways that you can improve your conversion rate at your store. If you want to learn more about how to get your retail sales associates’ (RSA) conversion rate up, check out my original post. […]
As a retailer, you know that choosing the right POS system is critical to your success. But with so many options on the market, it can be tough to know where to start. And if you’re not careful, you could end up making a costly mistake. To help you avoid any common frustrations, we’ve compiled […]
Recently, I discovered a new business model called dropshipping. This method means that you don’t need to have any inventory of your own. Instead, you will partner with a supplier who will ship your products. What is dropshipping and what are its advantages over other e-commerce models? What is Dropshipping? Dropshipping is a great way to avoid […]
How to start dropshipping? I was first introduced to the idea of dropshipped products when I was looking for a way to start my own online business. It seemed like the perfect option because it didn’t involve any up-front investment, and there are plenty of resources out there to help beginners get up and running. […]
Is dropshipping worth it? When I first started dropshipping, I had no idea if it was worth all the effort. All I knew was that I wanted to start my own business and sell products online. After doing some research, I decided to give it a try. Turns out, dropshipping is an amazing business model! […]
