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 […]
If you’re looking for retail manager skills, there are a few that come to mind. Managers need interpersonal skills like leadership and communication in order to execute their management plan successfully. Promoting from within can be a problem for many retailers. It’s good for morale, but it limits the people who are qualified to work […]
When you are closing a sale, the only thing that’s on your mind is how well it will go. Why? Well because if things don’t work out then there goes all of your hard work! Do you know what to do if someone says they’re not ready? If so, then it will save them from […]
Retailers are more focused on profit margins than ever before. The Covid-19 pandemic at this time was so devastating that stores were unable to open their doors for business. The only way they could sell any products at all, even with the limited demand of people who still had jobs and money, was by offering […]
It is no secret that people are hesitant to spend money these days. But when they come into your store, it will be the little details in decoration and design that can help seal a sale. What you must do? You need to decorate the shop. The changing of the seasons is always a good […]
Definition of Suggestive Selling Retailers use suggestive selling to get customers into the store and then entice them to buy more. They do this by displaying items well or interacting with their sales associates. Retailers with a training program have been focusing on suggestive selling. It’s something that every employee can do to increase the […]
You can’t put a price on customer reviews, and they’re more influential than any paid marketing. However, getting them is difficult. This how-to get customers to leave reviews post will give you a useful guide on how to promote buy reviews for your retail shop. Why are customer reviews important for your retail store ratings? […]
One of the most important aspects to consider when deciding on a retail sales training program is personality styles. Can a person with an amiable personality be a successful retail salesperson? We are going to take a look at their polar opposite: The Amiable personality type and how this is best implemented in your retail […]
When I first began hiring salespeople, the only thing that mattered to me was pay. But now I know there are other factors involved in making a customer happy. I’m a business owner and I just realized that my employees need to know how to give customers exceptional experiences. What should I focus on when […]
Are you looking for a simple, low-effort way to train your staff? If so, be prepared because it takes hard work. It’s not easy to turn your staff into a sales powerhouse, but it is possible. Oh sure, you’ve probably heard it said of someone, “They could sell ice to an Eskimo,” or something similar […]
