
How to increase sales during tough times…
When the going gets tough, you begin to wonder,
what is it that you can do, apart from hoping to get new customers.
Actually, there are quite a few things..
1. Inventory..
Reduce Fresh supply… Evaluate each and every purchase with an eagle eye. I am
often surprised, to find owner/retailer hand over this critical responsibility
to a few old and trusted employees. They are no doubt doing what they have been
doing for many years now.
New
Action:- Just ask a few questions when the next order is about to be released
and you will surely find orders, which you could avoid placing.
2. Check Inventory.. Check out the age ( less than
30 days, 90 days etc) of the different SKUs that you have, not...