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
5 Steps to Negotiate with Your Landlord
As a store owner, there will come a point when you have to negotiate with your landlord. Often it’s when it’s time to renew your lease, but sometimes circumstances calls for a different negotiation. Like when you just can’t make rent. Early on during the pandemic many store owners around the world faced having to shut down their business. It … Read More