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5 Tips for Retailer Success

There are so many ways that retailers can enhance their business by making it more efficient and co

Published 13th February 2018

There are so many ways that retailers can enhance their business by making it more efficient and consumer friendly. Save time, money and effort by implementing some of these 5 tips! 

1 – Upgrade outdated technology 

Slow hardware and outdated software are a hindrance to your business. If your technology has started to slow down processes and frustrate your staff then it’s time to invest in some newer, faster equipment. You’ll save money in the long run and leave more time for focussing on important things, like your customers!  

2 – Focus on employee satisfaction

Your employees have so much influence on the success of your business. They’re the faces your customers see and they’re responsible for ensuring your store runs smoothly. Take stock of employee satisfaction and take steps to improve it, if necessary. 

A happy workforce is a productive one! 

3 – Develop a 12-month promotional calendar

Being organised can go a long way to saving time over the course of a year! Take some time to sit down and plan for the next 12 months. What promotions could you run? What holidays can you take advantage of? When are your busy periods? This will really help you to make the most of the year ahead! 

4 – Get online! 

If you haven’t already, it’s time to embrace e-commerce! Online sales are only increasing and you should be getting a share of that spend. If you’re worried about the immense cost and time of getting online, Stax has a solution that can get you selling online in no time for just £29.99 a month (ex VAT). Visit www.staxonlineshop.com for more details. 

5 – Find areas for improvement in last year’s data

Your 2017 data is a goldmine for insight into how you can make improvements to your business in 2018! Have a good dig through and assess which products are performing well and those that aren’t. Also, look for quiet months and think of ways to improve sales, these can be added into your 12-month promotional calendar! 

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