The layout of your retail shop has a significant impact on the perception of your business as well as your bottom line. Your store should be clean, comfortable and inviting. Products should be placed strategically and the customer experience should come first. Here’s how to get started.
Topics: Specialty Retail
Everyone knows that price matters, but lowering prices is not always your best option. In order to move products off your shelves, sometimes you need to be creative. This may even involve increasing your prices to reflect an item’s exclusivity. As with any other industry, it is important to know the true cost of your inventory including acquisition and display costs in order to create a pricing structure that is both attractive to customers and profitable. Here are 6 ways to increase retail sales with creative pricing.
Topics: Specialty Retail
Developing A Modern Retail Strategy
The world of retail has changed dramatically over the last few decades as technology has altered the landscape and online shopping has exploded. Smaller retailers have had to adjust both their business plan and marketing strategy to keep up with the times. As retail continues to evolve, here are few ways to ensure your business doesn’t get left behind.
Topics: Specialty Retail
Starting early, running unique promotional campaigns and having a strong online presence are the keys to success for small businesses looking to compete with the retail giants. Here we’ve collected some information from across the web to help you prepare for back to school season.
Topics: Retail, Specialty Retail
Although the current school year is just coming to a close, it is important to begin preparations for back to school shoppers. Many specialty retail stores depend on back to school revenue to get them through until holiday shopping starts. Starting your preparations and promotions early will give you a leg up on the competition, but where should you focus your attention?
Topics: Specialty Retail
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