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Free Retail Profit Tips
Every Tuesday we send out a FREE Retail Profit Tip to those who have registered to receive our FREE newsletter. If you have not registered yet, you'll want to do so that you don't miss out on this great free content. This email newsletter is brief and on topic - we know that you're busy and don't have time to waste. In in we discuss:
- Low cost marketing strategies
- Easy to implement ways to increase your sales
- Proven ways to cut your overhead
- First hand insight into running a profitable retail business
To register, simply enter your name and primary email address below:
Below you'll find an archive of excerpts from some of our most recent Retail Profit Tips Newsletters:
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How to Generate New Business From Former Customers
Every retailer has them: former customers who haven't been seen in your store in quite a while. These former customers know your store and obviously like your store based on the fact they have bought from you in the past . . . more >>
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How To Turn Donation Requests Into Great Sales Opportunities
If your retail store is like mine, you receive many requests for donations from schools, churches, non-profit organizations, sports teams, and community organizations. While your first impulse is to help these organizations, you recognize that your budget has limits and that you can't respond to every request. So how can you still help some out and not upset those that you decide to pass on? . . . more >>
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How To Use Up-Sell Signage to Sell More Accessories
Selling more accessories should be the goal of every retailer. They represent high margin sales that help make your store profitable. Best of all, customers rarely are price sensitive when buying accessories, so you can be sure of getting a high margin on them . . . more >>
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Silver Lining: Better Locations Are Opening Up
It's all too easy to get caught up in the current economic problems and to forget long range planning for your retail business. Smart retailers should begin thinking about whether it makes sense to upgrade to a better store location when the economy improves . . . more >>
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Beware of Running Constant Promotions
You should think twice before running constant storewide promotions. When you do this, you paint yourself into a budget corner when the economy improves. Your customers will come to expect the lower price and will be desensitized to your promotions. . . . more >>
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Don't Be a Stranger to Your Customer List
You can increase sales two ways: get more customers, or get your existing customers to buy more often. Sometimes we get so focused on tailoring our marketing and advertising to new customers that we forget to nurture our customer base and list that we have already developed . . . more >>
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Tough Times Call For Smarter Marketing
In tough economic times your marketing and advertising must reach your target market without wasting money. Learn 8 tactics you can use to cost effectively drive store traffic. . . . more >>
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Do You Have the Right Employees Working for You?
A discount or free gift will draw customers into your store on their birthdays. If you are offering a free gift, most will buy items while there. Discounts are popular because birthday customers are in a good mood and willing to buy something nice (and hopefully expensive) to make them feel special. . . . more >>
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How Good is Your Retail Store Advertising Strategy?
As an independent retail store owner you know that you have a limited advertising budget and a great need for new customers. Your retail store advertising strategy must be viable, as you cannot afford to make very many mistakes. Use these retail store advertising strategy tips to get the most out of your advertising investments. with your advertising campaigns. . . . more >>
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Retail Store Birthday Promotions Work
A discount or free gift will draw customers into your store on their birthdays. If you are offering a free gift, most will buy items while there. Discounts are popular because birthday customers are in a good mood and willing to buy something nice (and hopefully expensive) to make them feel special. . . . more >>
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