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Let's "Do" This Year Right

 

Welcome to another new year.  It's time to re-think, re-new and re-examine what's working and more importantly, what isn't.  But where do you begin?

 

If you recognize the importance of 'fine tuning' your performance every year, but don't know where to begin, consider these suggestions for improvement:

 

1. Tell your employees they are important and then start taking action to support that statement.  You know they're critical to your business, so start investing in them now.  Help them to be successful and you will be, too! 

 

2.  Commit to executing your strategic plans that you create each year.  Do not fall into the same pit of frustration and despair as all those other retailers who fail to take action.  Be more disciplined.

 

3.  Spend more time in your stores.  That goes for your buyers, too.  We all know that nothing is ever sold at head office, so get out to the front lines and see what's going on in the real world.

 

4.  Accept the fact that you're leaving 10% to 40% of potential sales on the table every day.  Then do something about it!  Don't believe this?  Give us a call and we'll show you how to sell more starting today.

 

5.       Do not do the following:

 

  • Hire staff after just one interview.  Do you really believe you know someone after a 15 minute chat in the food court?
  • Expect your staff to sell to their full potential without training them.  Give them the tools they need to succeed!  Don't know where to begin?  We can help. (hint: check out www.graffretail.tv)
  • Accept non-compliance on the use of your existing training programs and systems that you worked so hard to develop.  Implement a balanced scorecard properly to ensure your stores run properly

 

Need a little assistance with any of this stuff?  Give us a call at 1-905-842-1275 or visit us at www.graffretail.com .  We'll be happy to help out!

 

  

1-888-263-1835 

solutions@graffretail.com

 Volume 8, Issue 1 January 26, 2010

 

 

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