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How to Boost Retail Store Sales, Increase In-Store Conversion & Maximise Profit

Автор: Romeo Richards

Загружено: 2017-05-21

Просмотров: 711

Описание: www.theprofitexperts.co.uk

¥ Boosting retail store sales
¥ Increasing in-store conversion
¥ Maximising profit

Requires:

¥ A beautiful store design
¥ An attractive visual display
¥ An effective loss prevention strategy

You cannot design a beautiful store or create an attractive visual display if you do not know who you are designing the store for

Neither can you have an effective loss prevention strategy if you do not have the right inventory management infrastructure.

At the heart of multichannel retailing is ensuring inventory accuracy and efficient fulfilment.

The attainment of an effective multichannel retailing infrastructure is key to retail success

How can a retail brand build an effective multichannel infrastructure?

As a retail brand, you have three options:

Option one:

You could choose the most expedient option and attempt to build it in-house

I will suggest you don’t because it is complicated.

Building an effective multichannel retail infrastructure requires:

¥ Retail marketing expertise, which in itself requires the ability to:
¥ Identify your target market
¥ Craft an effective marketing message
¥ Select the right media to channel your marketing message


You also need expertise in:
¥ Store design
¥ Visual merchandising display
¥ Supply chain management
¥ Loss prevention
¥ Retail technology
¥ To name a few


You will need all of those expertise in-house in order to be able to build your own multichannel infrastructure

You could choose the second option of hiring big brand consulting firms.

No doubt those brand name consulting firms possess the expertise required to build effective multichannel retail infrastructure.

Many of them have been in existence for decades

They have army of consultants and massive resources.

But think about this question for a moment

Don’t you think when BHS or Austin Reed were going down they called the branded consulting firms but they were unable to save them?

What about Tesco, Wal-Mart, Macy’s or Penny’s do you think they have not called in the big retail consulting firms?

Why have they not been able to dig them out of their holes?

The problem with big retail consulting firms is, they apply the same ineffective antiquated 19 century retail consulting strategy to the 21 century retail environment.

Big brand retail consulting agencies are staffed by either old men who are completely out of touch with 21 century retail customers or fresh out of school inexperience consultants who have never stood behind a retail counter in their lives.

You have a third option that is to hire us.

What makes us different from other retail consulting firms?

Firstly, we help retailers like you sell the way customers buy.

Other retail consulting firms show retail brands how to sell to their customer
We focus on how people buy and design strategies that help retail brands sell the way people buy.

Secondly, we are one of the few retail consulting firms with all the expertise required to boost store sales and maximise profit

We have:
¥ store designers
¥ Visual merchandisers
¥ Supply chain and inventory management expertise
¥ Multichannel infrastructure designer
¥ Retail loss prevention expertise

We simply connect the dot…bringing every aspect of the store operations together.

We device strategies that tap into basic human emotions.

So if you are a retail brand that would like to boost sales, increase in-store conversion and maximise profit, you could go about the process in any of the three ways:

¥ Attempt the expedient but complicated rout of doing it yourself
¥ Hire the big brand consulting firms to implement the same failed strategies that have been implemented in dead and struggling retail brands
¥ Or you try a third option of hiring a young dynamic firm staff by people who have worked in retail themselves…those who know how to sell the way modern shoppers buy…

One of the only firm with:
¥ Store design
¥ Visual merchandising display
¥ Loss prevention
¥ Multichannel retailing infrastructure design capabilities

In these series of videos, I will share with you strategies for building a retail brand that can prevail in the new retail environment.

You will learn how to boost sales, increase in-store conversion and maximise profit.

Meanwhile, if you need help boosting your store sales pleas call 44 (0)20 8798 0579 or visit: www.theprofitexperts.co.uk

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How to Boost Retail Store Sales, Increase In-Store Conversion & Maximise Profit

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