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 Retail Business Owner Search

 

Inventory & Pricing continued

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RETAIL CALCULATOR: Retail Inventory Turnover Calculator
RETAIL CALCULATOR: Retail Inventory Turnover Calculator Use the Retail Inventory Turnover Calculator to quickly and easily determine the number of inventory turns your retail store makes each year. . . . more >>

How Retail Stores Earn Higher Profits Targeting Repeat Customers (and why you must follow this strategy)
How Retail Stores Earn Higher Profits Targeting Repeat Customers (and why you must follow this strategy) Repeat customers are the most profitable customers for independent retail store owners. Understanding what makes a customer come back and shop with your store over and over again is vital to your store's profitability. Learn proven ways of increasing your repeat customer business . . . more >>

Understanding Buyer Behavior: How Different Types of Customers Respond to Sale Pricing
Understanding Buyer Behavior: How Different Types of Customers Respond to Sale Pricing Understanding the different types of customers retailers will encounter when holding a sale and the hot buttons which motivate them to buy is crucial in maximizing sales and increasing your closing percentages. Learn the best ways to sell to each customer type and how you can . . . more >>

Retail Inventory Pricing Guide: How to Set The Right Price For Your Merchandise
The pricing strategy you choose for your retail store greatly determines how profitable your business will be. Set your prices too low and you may struggle to be profitable. Set your pricing too high and you may not do the volume necessary to remain in business. Use our retail inventory pricing guide to help you arrive at the optimum pricing for your type of retail business . . . more >>

Should Your Retail Store Have a Discount Wall or Closeout Corner?
Should Your Retail Store Have a Discount Wall or Closeout Corner? Every retailer needs an effective strategy for selling slow moving, end of season, and overstocked merchandise. Learn how a closeout corner, discount wall, or discount rack can be very effective for moving this inventory quickly . . . more >>

How Retail Stores Lose Money Working with Inventory
Most retailers have room for improvement in how they manage their inventory. One small inefficiency managing inventory may not seem like much. However, add a few of these inefficiencies together and you have a gaping whole in your inventory management procedures. See how you can better manage your inventory so that . . . more >>

7 Important Reasons For Running a Sale
7 Important Reasons For Running a Sale Knowing when and how often to hold sales is extremely important to your store's profitability. Hold sales too often and your customers will wait for sales to buy. Hold too few sales and your store traffic will decline. Learn seven key reasons you should hold sales in your retail store . . . more >>

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