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May 30 2022 Matt
What Is a Markdown in Retail and How to Implement Them?

If you’re in retail, then you know that markdowns are a necessary evil. But what is a markdown in retail? I remember when I first started working in retail and someone told me we were going to have to start doing “markdowns.” I had no idea what that meant or why it was necessary. All […]

May 30 2022 Matt
Where Do Retailers Buy From? The Best Product Sources

When planning to start a retail business you may wonder, ”where do retailers buy from? It’s important to know where to buy your merchandise from. I’ve been in the business for over 10 years and have learned a thing or two about product sourcing. In this blog post, I’ll share with you the best places […]

May 30 2022 Matt
What Is Cross Selling in Retail? The Pros and Cons

As a retailer, you’ve probably heard of cross selling and may have even tried it out in your store. But what is cross selling in retail, really?And how do you know whether or not cross selling is right for your business? This article tells you everything you need to know about cross selling including the […]

May 30 2022 Matt
What Are SKUs? How to Generate and Implement Them

As a small business owner, you may be wondering “what are SKUs?” and how do you generate and implement them? Here’s everything you need to know about SKUs!  If you’re in the retail business, then you know that SKUs are important. I remember when I first started my small business, I had no idea what […]

May 27 2022 Matt
9 Telltale Characteristics of Bad Retail Managers

Some bad retail managers don’t know how to help their employees succeed. It would help if you had them on board with you and motivated to do their best work. These employees don’t care about their job; they want a paycheck. When managers come up with busy work to fill their employees’ time and not […]

May 27 2022 Matt
8 Strategies to Improve Your Sales Employees

When you fire an employee or they quit on their own, it can be a real blow to your business. Their absence leaves a hole that may never be filled. As a retailer, it’s really frustrating when I have merchandise that doesn’t sell or displays with gaps and schedules without enough employees. The more employee […]

May 27 2022 Matt
What is Commission of Retail Sales? Get Your Stolen Value

One of my colleagues has been stealing all the sales from me by quickly and rudely approaching customers before I can. It’s not just that he makes a nuisance out of himself, but also refuses to listen when we talk about it. I need to know what I should do and say in order to […]

May 27 2022 Matt
How To Set Retail Amazing Goal For Your Store?

When I was training new franchisees, they would come in and tell me about the moment that made them want to own their own business. One of my favorite stories is when a woman told us how she wanted to open her own restaurant because she hated working at restaurants where customers treated her like […]

May 27 2022 Matt
Top 13 Excellent Customer Service Examples

In this article, let’s talk about some excellent customer service examples. The best customer service is always responsive, timely, and courteous. In retail, this could imply remembering and appreciating repeat clients, establishing a local connection with customers, putting your product knowledge to good use, and more. Customer management features and reporting in the top retail […]