Category: Featured

10 Time Management Tips For Retailers: How to Get the Important Things Done in Your Store

This is a post by Abby Heugel As a retailer, you know better than anyone else that time is practically money. If you waste time with inefficient processes, you’re leaving money on the table that will be quickly scooped up by your competition. But whether you’re a retail manager with years of experience or someone with a new shop, you can easily be pulled in multiple different directions on any given day. It can be hard to focus on one task at a time when you’re trying to deal with customers, train your staff, and maybe actually get a few

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Store Layout Design: 9 Tips for Arranging Your Retail Shop

Planning the layout of your store is both an art and a science — it requires creativity, psychological insights, and testing. In this post, we’ll explore common tactics that you can implement when planning the arrangement of your store. Go through them below and see if you can apply any of these pointers to your store’s layout and merchandising. 1. Use the right floor plan Your floor plan plays a critical role in managing store flow and traffic. The choice of which one is right for you will depend on a number of factors including the size of your store,

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8 Retail Advertising and Marketing Tips That Can Drive Traffic and Sales

This is a post by Abby Heugel. Bringing in more traffic and sales is something that every retailer thinks about. But the questions remain: How do you get shoppers to come by and entice them to buy more from your store? What are the triggers that will get people to purchase from you and not your competition? How do you get out of a slump if you’re not getting that valuable foot traffic? Answer: Marketing and advertising. Whatever your goal may be as a retailer, here are simple advertising tips that will not only help drive sales, but help grow your

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Stepping Away from Your Business: How to Make Sure Your Store Runs Smoothly Without You

There comes a time in every business owner’s life when stepping away (at least temporarily) from the company is necessary. Perhaps you’ll need to attend to an emergency, take an unexpected leave of absence, or simply go on vacation. Whatever the case may be, preparing your business for your absence should be done sooner rather than later. The last thing you want is to have your staff scrambling and at a loss for what to do when you’re not there. Below are some tips that can help ensure that your store continues to be awesome when you’re not around. Go

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6 Types of Inventory and Sales Reports to Use in Your Retail Store

Reporting and analytics are essential to any retailer because they tell you exactly what’s going on in your business. Analyzing your data correctly enables you to make well-informed decisions around things like stock ordering, promotions, and staffing, among other things. However, having too much data (or worse — looking at the wrong info) can lead to mishaps, overwhelm, and a lot of business headaches. That’s why it’s important to run the right reports for your retail stores. Need help doing that? We’ve put together a list of the top retail reports you should keep an eye on. Check them out!

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How to Forecast Inventory Demand for Your Retail Store

This is a post by Alexandra Sheehan. Did you know that Amazon earns more than one-fifth of its North America retail revenue because local stores can’t forecast accurately? Customers try to purchase the product at a store in these scenarios, but the stores are out-of-stock and so shoppers look to Amazon. Clearly, forecasting essential, but we should note that it’s more than just predicting demand for your products. Demand forecasting also helps businesses effectively manage cash flow and maintain lean operations. If you’re carrying extra stock or don’t have enough to meet demand, you’re losing money. When working with one large

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Retail and Consumer Psychology 101: 8 Ways to Increase Sales & Influence Customers

This is a post by Abby Heugel. As a retailer, you most likely don’t have a degree is psychology, but many successful retailers regularly use psychology to appeal to potential customers. It sounds complicated, but it boils down to the fact that every single human being basically has the same mental triggers that drive actions. At a basic level, all humans want to avoid pain and seek pleasure. This serves as the base of all human action throughout every single day, and is something that retailers need to keep in mind. That pain could come in the form of a high

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Retail Customer Service: 7 Tips for Providing Exceptional Shopper Support In-Store

Customer service is one of the biggest drivers of sales and loyalty in retail, yet plenty of merchants continue to underestimate just how powerful it can be. Head to the mall (or a look at review sites like Yelp) and you’ll see that many companies still fall short when it comes to serving and delighting consumers. Don’t let your business be one of them. Strive to provide superb customer support and make sure that you and everyone else in your team are willing to go above and beyond for shoppers. To help you accomplish this, we’ve done some research on

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Retail Sales Tips: How to Read Customers and Sell to Them Like a Pro

Are you a retailer (or retail sales associate) who’s struggling with how to approach shoppers? Worried that you lack the magic touch, or that you’ll come off as an annoying salesperson? Would you rather be awkwardly staring at your store’s point of sale software screen than actually talking to the customer in front of you? You should keep reading because, after years of being one of the strongest sellers at my store, I can assure you: anyone can sell. That’s not to say it’s not going to take a lot of practice. But over the years, I’ve found that a

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12 Stockroom Organization Ideas and Guidelines to Implement in Your Retail Store

This is a post by Cara Wood. It may not be the sexiest part of your store, and it doesn’t get a lot of customer eyeballs, but your stockroom is still a critical part of your physical location. In many ways, your stockroom acts as the headquarters of the store’s operations. It’s where your management office will be located, where you’ll receive shipments, where your staff will first discover the exciting new inventory, and where your extra stock will live. Many of my fondest memories from my time as a sales associate took place in the stockroom. Manage it right,

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