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retail stores Tagged Articles
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My Retail Furniture Business Closed - Now What?
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| For 17 years I owned a small group of retail furniture specialty stores in Chicago and Southwest Michigan. I sold exotic furniture from all over the world, unusual decorative accessories and art. The retail stores were like mini-museums with price tags, and we had a great following.
I got used to working long hours in my stores, so when I was forced to close them I was left with lots of time to figure out what to do next. The solution I found was in a different industry... |
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Lesson #3: Nice Guys Can Finish First
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| In creating eBay, Omidyar began with five basic values: “We believe people are basically good; we believe everyone has something to contribute; we believe that an honest, open environment can bring out the best in people; we recognize and respect everyone as a unique individual; we encourage you to treat others the way you want to be treated.”
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Lesson #5: Innovation is Your Invitation to Success
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| Hall succeeded not only by taking action when others refused, but by taking action in ways that nobody had yet imagined. His meteoric rise to the top is characterized by a willingness to dream and to dare. |
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Nature’s Pearl Review-The Business Opportunity
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| This Nature's Pearl Review is a detailed look at the business opportunity with Nature's Pearl and will cover some of the key points of how to make money with Nature’s Pearl. |
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7th of the 10 Kurlan Sales Competencies that are Key to Building a Sales Culture
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| Salespeople love to present options. It makes them feel like they have more chances to win the business. It's such a popular approach that it's one of the few parts of the sales process that is universally accepted and named. You know it as Good, Better and Best. Companies actually have alignment on Good, Better and Best, sometimes using it in their retail stores and catalogs to provide category options. How many times have salespeople presented you with 3 options? Just last week, I was presented with 3 options at the Lexus Dealer where I got my LS460. |
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Missing Out on the JB Hifi Store Manager Job Became an Amazing Opportunity
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| If you are in the retail industry and you are either in a position which feels a bit insecure or you are trying to step up to the next level, you should hear my story first. This is my story on how missing out on a retail manager job started a process which led to the biggest opportunity of my life. |
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Are there too many retail stores?
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| In the past several years, due to the abundance of cheap credit and excess spending, we've seen a massive growth in the size and number of retail outlets. Some say that we are now "over-stored." What does this mean, and how will it affect small retailers? |
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10 Steps to Launching a Green Business
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| Green could be the largest economic opportunity of the 21st century. We'll get a clean environment because entrepreneurs will make it happen.
John Doerr
1951 -Silicon Valley Venture Capitalist
In fact today, most things (authentically) “going green” are looking very promising. For example, one of the mainstream issues on everyone’s mind is energy. And of the many things being developed in the energy sector, one segment to really watch in the very short term is nanotechnology.
Perhaps it’s time for you to consider ramping up your green factor?
10 Steps to Determining Your Green Product / Service |
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Vision of "Green Jobs" and its Impact
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| How do we know when someone is doing something “environmentally correct”?
In the end, it doesn’t really matter what your definition is for being “environmentally correct.” Or what "green jobs" actually means. What does are your actions? Especially for small businesses, as we are the eyes and ears of our planet and economy.
Businesses that incorporate the triple-bottom line of “people, the planet and profits” into their business’ actions, can create opportunities, innovation, and competitive advantage for sustainability.
Will "Green Jobs" be the new beginning for the US economy to getting its competitive edge back, and have a positive impact on our economy and well-being
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What it takes to be an Entrepreneur
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| What is an entrepreneur? Are you one? Do you fit the mold? The word “Entrepreneur” comes from the French word entreprendre (to undertake) + eur (-or). Thus, an entrepreneur is one who undertakes, or an undertaker. (Not in the funeral director sense.) One who undertakes to organize an enterprise. Just because you started a business or own a store doesn’t mean you’re a true entrepreneur. |
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In Sales, Decision Making Has Implications
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| How do you make sales decisions? Did you ever think of the implication of those decisions? This article explores the potential implications of those critical to not so critical decisions you make as you continue on your goal to increase sales. |
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Advice for retailers during tough times: stay positive
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| How negative opinions from retail employees can lead to a drop in sales |
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10 Tips For The Perfect Cleaning Franchise Business
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| No matter what your feelings are about starting a franchise business in the cleaning industry, the fact is that it's one of the most lucrative service industries in the nation, and unlike many businesses which rely on constantly attracting and recruiting new clients, with a cleaning franchise your clients will use your services over and over again. Here's a look at some practical information for starting and running the perfect cleaning franchise business. |
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Cutting the Strings
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| If you're a retail owner or manager and seem to continually find yourself being pulled in a million directions by staff who think you have all the answers, or are to lazy to find the answers to their questions on their own, this article is for you! Read along and discover the path to management freedom. |
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The Fear of Differentiation
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| Building a unique small business brand requires some courage. Why are unique brands so scarce while middle of the road products, services, retail stores, etc dominate the business landscape? My theory is that it has something to do with an innate fear (we all have) of being different. In a branding context, this poses a problem because differentiation is one of the key elements in the development of a great brand. So how do small business owners face the fear of differentiation? |
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Opportunity Does Fall Into Your Lap……
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| Opportunity Does Fall Into Your Lap……
…. If you are Aggressively looking for it |
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What is the first thing your mother taught you to say after Ma Ma and Da Da?
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| Sellers cannot say thank you too many times. I am sure most salespeople say thank you at the time of a sale, but if you really want to make an impression on your customer, and who doesn’t,
say thank you when they do not expect it. They will be delighted. Their delight will turn in to future sales. |
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Boost Your Store’s Foot Traffic For Free
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| To get more customers into your store, make it easier for people to find your business online. Use Google’s Local Business Center to get your business listed in Google Maps, include a photo of your store, a description of your services, and even downloadable coupons for free. The entire process takes less than 15 minutes and you can easily change your store listing at any time. |
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Using Primal Triggers to Increase Sales, Part 1.
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| Very few behaviors are consciously motivated. New research in anthropology and biology shows how our primordial conditioning drives our decisions and our buying behavior. |
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Key Steps to Buying a Retail Franchise
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| Considering that sales from franchises account for billions of dollars in revenue every year, buying a franchise is statistically the safest way to own a business – provided you choose the right franchise. |
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Career Planning for Baby Boomers -- Starting, Buying or Selling a Business
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If you are planning to continue working after retirement, or a change of track while you are employed, starting or buying a business may be just the thing for you. Or, if you already have a small or mid-sized business, you might consider selling it for a profit, or to switch fields. |
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FAST MONEY SUCCESS FOR YOU
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| Take take over a going business on borrowed money |
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Drive Complementary Purchases Using Freebie Marketing
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| Freebie marketing is an old and effective way to drive complementary sales. Many business owners use freebies for different things, but major retail stores understand that you can use free items to promote other items. For example, business owners may give away a free small electronic toy, but the toy may require a special type of battery, forcing the consumer to purchase those batteries, which may cost more than the small electronic toy.
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Consumer Packaged Goods Marketing - Retail Freebies
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| The way companies market their products are typically similar. However freebie marketing varies with every company. For example, many grocery stores implement freebie marketing by offering free samples of foods or other products. However, retail stores have to be a little more creative -- and willing to spend more money on their campaign.
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Retail Sales and Dealing with 4 Different Customer Personalities
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| As retailers, we deal with many different personality types on a daily basis. Of course each customer is unique, but there is universal agreement that there are four basic personality types - Director, Analytical, Relater and Socializer. Knowing each style and their buying habits will allow you to drastically increase sales and repeat business. |
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Give Away Something To Build Value and Watch Your Sales Grows as a Business Coach
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| If you are a business coach or executive coach, are you confused between not giving away an hour of your time and giving away an hour? Learn why giving away something when done correctly increase your value and increase your sales. |
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Is Poor Customer Service Driving Cyber Activity?
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| Retailers are concerned the consumer is using the Internet not just to find their best price but to avoid poor customer experience. While Black Friday numbers were the best since the Great Recession, if you look a little closer you will see an interesting trend developing where traffic was up 11 percent and Cyber transactions were double that! Why? |
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Other retail stores Related Articles
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10 Retail Franchise Businesses You May Never Have Considered
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| Everyone knows the most popular retail establishments, and even the word retail often brings to mind days as a teenager, working in a chain store or a mall boutique. Mainstream retail stores are perfectly fine, but for those who want to start a more unique retail store, take a look at some of the retail businesses you may have never considered. |
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THE FIVE DEADLY DISPLAY SINS
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| What works and what doesn't in display for retail stores. |
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Local E-commerce marketing
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| Websites and e-commerce take up much of the mindshare around retail these days, but e-commerce still only accounts for about 10% of total retail sales. That means that 90% of purchases are still made IN stores, so if you don't have a great website and shopping cart, you can still compete. Local search tools make it easier than ever to be found by customers who can actually visit your store. |
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My Retail Furniture Business Closed - Now What?
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| For 17 years I owned a small group of retail furniture specialty stores in Chicago and Southwest Michigan. I sold exotic furniture from all over the world, unusual decorative accessories and art. The retail stores were like mini-museums with price tags, and we had a great following.
I got used to working long hours in my stores, so when I was forced to close them I was left with lots of time to figure out what to do next. The solution I found was in a different industry... |
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A Retail Holiday Tale
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| I had my own interesting retail experience the other day, which I think you might find entertaining. In keeping with holiday tales it may be enlightening too. I like to keep tabs on the current retail environment, and also as a consumer I enjoy going to stores such as Costco to see what interesting values their good buyers have found. The point I am making in this article is that successful retailers take the appropriate actions to deal with the environment at hand, rather than deciding it is out of their control. |
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Black Friday – Shop at Wal-Mart and Best Buy or Invest?
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| Consumers are out in full force today, on ‘Black Friday', looking for great deals at retail stores. Stores like Wal-Mart, Target, Best Buy - all opening at the earliest hours of the morning to get accommodate us eager shoppers. The question for me today was - could the money I might spend today on Black Friday be put to a better use for me and my family's future by investing in something of real intrinsic value, instead of just another consumer item? |
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Monginis plans 50 outlets pan-India by 2010-end; seeks franchisees
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4th February, 2010: After a recent store launch in Indore, Mumbai-based leading bakery chain, Monginis is now planning to open 50 more outlets across the country by the end of 2010. The company also plans to double its retail distribution from the current retail network of 15,000 stores across the country. The company is scouting four suitable franchise partners in cities like Kanpur, Lucknow, Raipur, Chennai and Bangalore. For opening new stores, on an average, Monginis is looking at the locations with the minimum carpet area of 200 sq ft, ImagesFood has reported. |
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Raymond eyes 40% rise in retail biz revenue in 2 years
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| 8th February 2010: Apparel house Raymond today said it is aiming to increase revenue from retail business by up to 40 per cent in two years from the current Rs 1,000 crore, for which it will add more stores in smaller towns. "We are looking at 30-40 per cent jump in revenue from retail business in the next two years from the current turnover of about Rs 1,000 crore," Raymond president (retail and business development) Rakesh Pandey told reporters here on the sidelines of an AIMA event. |
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Consumer Packaged Goods Marketing - Retail Freebies
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| The way companies market their products are typically similar. However freebie marketing varies with every company. For example, many grocery stores implement freebie marketing by offering free samples of foods or other products. However, retail stores have to be a little more creative -- and willing to spend more money on their campaign.
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Online, In the Store…Let the Holiday Battles Begin
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| Hard to believe you're about to venture out to grap all the holiday gear, cheer, stuff you can...again. This year though you're smarter, you're better prepared, your tools are all charged up and you're ready to get down, get serious. While retail stores jostle with employees to see when they are going to open you think it's a lot of to-do over nothing. Heck your favorite online stores are already open 24x7x365 and everyone has unleashed their Black Friday, Cyber Monday secrets. About the only thing they're all waiting for is you. Now that "full retail price" is a thing of the past now's the time to get prepared early so you know what you're going to buy where, when, for how much. Sheess...giving meaningful gifts is a lot of work.
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