Here’s a retail tip for you: GO BIG or GO HOME! It’s my retail mantra! Actually it’s my life mantra too. Usually associated with NCAA basketball time and March Madness, it also accurately describes entrepreneurial life… All these teams get ONE shot. If they lose – they go home. If they go big, they advance. For you, to advance means … Read More
Avoid This Checkout Mistake – Markdowns vs. Discounts
You can avoid this checkout mistake! I’m talking about the definition of markdowns vs discounts. To your customer, there really is no difference between a markdown and a discount – they both mean a reduced price. But for a Revolutionary Retailer like you, there is a subtle, but important difference, and if you don’t know it – you might be … Read More
Sell Your Duds Without a Discount!
Your day is just starting. Unlocking the door you walk into your dark, quiet store. You’re so used to your morning opening routine, that you don’t even have to think about what you are doing. You put your things in the back room, turn on the computer, put your float in the cash register, turn on the lights… And there … Read More
2 Retail Pricing Strategies Proven to Increase PROFIT
These are the 2 retail pricing strategies proven to increase profit, that I implement with every client I work with. These two pricing strategies will help you increase your margins, which is the FIRST step of our Sales Breakthrough System, because this is how you’ll be able to pay yourself and your team – consistently, and more! Watch this free … Read More
Merchandise Planning Process: Make a Retail Plan in 10 Mins!
Use this merchandise planning process to create a retail plan in 10 minutes! Yes, it’s true that inventory planning can be a pretty complex process, which is why we provide this service to our private clients using Management One’s formula and algorithms to predict a store’s merchandise plan with 93% accuracy. Inventory management is the second step of our Sales … Read More