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Case Upon - 14 Obstacles to Retail Success
A Sample Nursing Resume Will Ensure a Healthy Career . It not only takes meeting the customer’s expectations, but exceeding them. For example, you could special order an item and delivered it to their house or work, if the customer doesn’t have time to get to your store. Superior service starts with an owner’s strong commitment for it to happen.A winning nursing resume is an entirely achievable goal as long as you know how to best express yourself with regards to heath care expectations and experiences. To do this, try using a sample nursing resume, which will give you the layout, keywords, and key points that should be covered. It is this type of assistance that will ensure that you get your foot in the door of the nursing industry, and start your way down the path to success. With a sample nursing resume, you’ll recognize all of the vital components that are standard and desirable in a nursing resume.To start, a sample nursing resume will show you that a nursing resume should never be any longer than two pages. In fact, ideally, if it is at all possible, you should attempt to limit your resume to a single page. However, if you must extend your resume to 9. Work is not Fun- Everyone has a job to do, but it can be made to be fun. Happy employees are more productive and give better customer service. Get to know your employees and think of them as a person. Humor is a great way to relieve tension and make your employees happy to work for your retail business. Hard bosses to work for have high turnover which is costly to any business. 10. Poor Ad Merchandise or Pricing- Owners love to run sales for products that don’t sell or have poor prices for better s Pay Attention to Details There are so many things that can prevent a retail store from being successful. We have listed 14 obstacles to retail success. Any one of these can be harmful to your retail business, but it only takes one to be fatal. They are not listed in any particular order. We will list ways to combat these obstacles also.“The magic behind every outstanding performance is always found in the smallest of details.”If you long to accomplish great and noble tasks, you first must learn to approach every task as though it were great and noble. Even the biggest project depends on the success of the smallest components.Many people downplay small details, dismissing them as minutia—the “small stuff,” that we’re encouraged to ignore. But, in fact, our whole environment is simply an accumulation of tiny details.Although we measure our lives in years, we live them in days, hours, minutes and seconds. Every action—every detail of our lives--has bottom-line repercussions, and it’s dangerous and derogatory to think of any of those details as trivial, unimportant or inconsequential.Successful people, in many walks of life, understa 1. Selection of Products- Many retail owners select products based on what they like. The key is to pick items your customers will love. If you get input from other employees or management, it will make it easier to make better buying decisions. Also, many times the owner has a limited taste and is missing a large group of customers. Ultimately, the owner may make the final decision, but the more info presented should result in better buying for the retail business. 2. Not Organized- Too many owners run their business without a plan. You should have short-term and long-term goals. I used to have a weekly list plus a master list of things to do. It was always subject to change. Also, take care of mail daily. I have been to stores and see mountains of mail stacked high in the store. 3. Lack of Delegation- Too many owners refused or afraid of delegating. It may be they are control freaks or don’t trust employees. Both are bad and will severely limit your business. By delegating to employees, it creates better employees and ones who will take more pride in your retail business. Start with delegating simple things and go from their. You will be amazed at what your employees can do. 4. Thinking Outside of the Box- If the owner’s thinking is limited, so is the chance for success. It is hard running a retail store. The key is not to follow everyone else and consider choices that will be different. Once again, your employees may be able to come up with creative solutions. 5. Resistance to Change- Owners and employees do not like to change. They want to continue to do things business as usual. Times change and if you wait too late for change, your business may even fail from this obstacle by itself. It is so common for a retail store to doing poorly and the owner will not make major changes. This brings me to the next obstacle. 6. Fear of Failure- Every business that tries different things will have some failures. The key is to learn from these failures to help you in the future. Too many owners just think the following. I tried something different and it did not work. Every successful person and business has failures, but they did not let it stop them from reaching their goals. 7. Store not Unique- One of the keys is to make your store different from the rest. Over 90% of all retailers are similar. The others create a unique shopping experience. They understand that special events combined with unique items or service will have the customers saying WOW when they leave. Yes, it takes extra work, but the payoff can be huge. Special events can be low cost or even free to promote your business. There are thousands of possibilities, such as dog costumes, children storytelling, and free short informational seminars about a product or service. 8. Service not Superior- All stores like to think their service is great. In reality, most stores fall far short. It not only takes meeting the customer’s expectations, but exceeding them. For example, you could special order an item and delivered it to their house or work, if the customer doesn’t have time to get to your store. Superior service starts with an owner’s strong commitment for it to happen. 9. Work is not Fun- Everyone has a job to do, but it can be made to be fun. Happy employees are more productive and give better customer service. Get to know your employees and think of them as a person. Humor is a great way to relieve tension and make your employees happy to work for your retail business. Hard bosses to work for have high turnover which is costly to any business. 10. Poor Ad Merchandise or Pricing- Owners love to run sales for products that don’t sell or have poor prices for better se Customer Service for the Airlines d- Too many owners run their business without a plan. You should have short-term and long-term goals. I used to have a weekly list plus a master list of things to do. It was always subject to change. Also, take care of mail daily. I have been to stores and see mountains of mail stacked high in the store.Customer service for the airlines is so important these days because the weary traveler is already upset with the treatment, heightened security at the airports and the cut backs of meals on planes and other amenities. What can an airline do to increase customer service to insure a pleasurable flying experience these days?Surely they can do something seeing as staff has been cut at the ticket counters, baggage and ground crews to save costs and keep the airline flying. A better attitude would also be nice although this is also tough with pensions being raided, lay off announcements and increasing fuel costs meaning the money will be made up somewhere, probably including pay decreases, lessened benefits or less sick time.No matter what if the airlines do not have good customers they will watch their best customer 3. Lack of Delegation- Too many owners refused or afraid of delegating. It may be they are control freaks or don’t trust employees. Both are bad and will severely limit your business. By delegating to employees, it creates better employees and ones who will take more pride in your retail business. Start with delegating simple things and go from their. You will be amazed at what your employees can do. 4. Thinking Outside of the Box- If the owner’s thinking is limited, so is the chance for success. It is hard running a retail store. The key is not to follow everyone else and consider choices that will be different. Once again, your employees may be able to come up with creative solutions. 5. Resistance to Change- Owners and employees do not like to change. They want to continue to do things business as usual. Times change and if you wait too late for change, your business may even fail from this obstacle by itself. It is so common for a retail store to doing poorly and the owner will not make major changes. This brings me to the next obstacle. 6. Fear of Failure- Every business that tries different things will have some failures. The key is to learn from these failures to help you in the future. Too many owners just think the following. I tried something different and it did not work. Every successful person and business has failures, but they did not let it stop them from reaching their goals. 7. Store not Unique- One of the keys is to make your store different from the rest. Over 90% of all retailers are similar. The others create a unique shopping experience. They understand that special events combined with unique items or service will have the customers saying WOW when they leave. Yes, it takes extra work, but the payoff can be huge. Special events can be low cost or even free to promote your business. There are thousands of possibilities, such as dog costumes, children storytelling, and free short informational seminars about a product or service. 8. Service not Superior- All stores like to think their service is great. In reality, most stores fall far short. It not only takes meeting the customer’s expectations, but exceeding them. For example, you could special order an item and delivered it to their house or work, if the customer doesn’t have time to get to your store. Superior service starts with an owner’s strong commitment for it to happen. 9. Work is not Fun- Everyone has a job to do, but it can be made to be fun. Happy employees are more productive and give better customer service. Get to know your employees and think of them as a person. Humor is a great way to relieve tension and make your employees happy to work for your retail business. Hard bosses to work for have high turnover which is costly to any business. 10. Poor Ad Merchandise or Pricing- Owners love to run sales for products that don’t sell or have poor prices for better s Why Have Multiple Streams Of Income cess. It is hard running a retail store. The key is not to follow everyone else and consider choices that will be different. Once again, your employees may be able to come up with creative solutions.Multiple streams of income is something each person or family should be striving for. It really gives you a better sense of security should any trouble arise. What it means is having more than one place where you are earning income. If the one source of money goes away, then you will still have another source. I recommend trying to get at least 5 sources of income as soon as possible, and then gradually build it up to about 10. Each does not need to be much, maybe about $300 per month. Last time I checked, 10 x $300 is $3,000 per month. This would be pretty good, as most of it will be residual. Let’s look at a simplistic view of multiple streams of income.Rental income: Most of us have never had any rental income, and probably do not know where to start. There are plenty of books out there to get you star 5. Resistance to Change- Owners and employees do not like to change. They want to continue to do things business as usual. Times change and if you wait too late for change, your business may even fail from this obstacle by itself. It is so common for a retail store to doing poorly and the owner will not make major changes. This brings me to the next obstacle. 6. Fear of Failure- Every business that tries different things will have some failures. The key is to learn from these failures to help you in the future. Too many owners just think the following. I tried something different and it did not work. Every successful person and business has failures, but they did not let it stop them from reaching their goals. 7. Store not Unique- One of the keys is to make your store different from the rest. Over 90% of all retailers are similar. The others create a unique shopping experience. They understand that special events combined with unique items or service will have the customers saying WOW when they leave. Yes, it takes extra work, but the payoff can be huge. Special events can be low cost or even free to promote your business. There are thousands of possibilities, such as dog costumes, children storytelling, and free short informational seminars about a product or service. 8. Service not Superior- All stores like to think their service is great. In reality, most stores fall far short. It not only takes meeting the customer’s expectations, but exceeding them. For example, you could special order an item and delivered it to their house or work, if the customer doesn’t have time to get to your store. Superior service starts with an owner’s strong commitment for it to happen. 9. Work is not Fun- Everyone has a job to do, but it can be made to be fun. Happy employees are more productive and give better customer service. Get to know your employees and think of them as a person. Humor is a great way to relieve tension and make your employees happy to work for your retail business. Hard bosses to work for have high turnover which is costly to any business. 10. Poor Ad Merchandise or Pricing- Owners love to run sales for products that don’t sell or have poor prices for better s Your Fees - It's About Value - Not Time t work. Every successful person and business has failures, but they did not let it stop them from reaching their goals."It's different here. Businesses here won't pay what they'll pay in ________". You fill in the blank. Have you heard that one? If I've heard it once I've heard it a hundred times.And to some extent, the statement is true. Every place is different. Businesses are made up of people and every person is different.However, if you have done your homework, if you've developed a level of trust with your client and if your client - wherever you are - perceives your product or service to provide the same value that clients in ____________ perceive, you can charge the same as you can in _____________. If your clients won't pay what you think your product or service is worth and you're blaming them - you're blaming the person. Your clients make buying decisions made based o 7. Store not Unique- One of the keys is to make your store different from the rest. Over 90% of all retailers are similar. The others create a unique shopping experience. They understand that special events combined with unique items or service will have the customers saying WOW when they leave. Yes, it takes extra work, but the payoff can be huge. Special events can be low cost or even free to promote your business. There are thousands of possibilities, such as dog costumes, children storytelling, and free short informational seminars about a product or service. 8. Service not Superior- All stores like to think their service is great. In reality, most stores fall far short. It not only takes meeting the customer’s expectations, but exceeding them. For example, you could special order an item and delivered it to their house or work, if the customer doesn’t have time to get to your store. Superior service starts with an owner’s strong commitment for it to happen. 9. Work is not Fun- Everyone has a job to do, but it can be made to be fun. Happy employees are more productive and give better customer service. Get to know your employees and think of them as a person. Humor is a great way to relieve tension and make your employees happy to work for your retail business. Hard bosses to work for have high turnover which is costly to any business. 10. Poor Ad Merchandise or Pricing- Owners love to run sales for products that don’t sell or have poor prices for better s Internet Branding . It not only takes meeting the customer’s expectations, but exceeding them. For example, you could special order an item and delivered it to their house or work, if the customer doesn’t have time to get to your store. Superior service starts with an owner’s strong commitment for it to happen.When talking about Internet branding, positioning is the key. Positioning is the act of fixing the exact locus of the product offer in the chosen market; it decides how and around what distinctive feature the product offer has to be couched and communicated to the consumers. While positioning its product, a firm analyzes the competitor’s positions, searches its own competitive advantages and then identifies the best possible position for the product.Product differentiation has a close link with product positioning. Product differentiation is in a way the prelude to product positioning. They are interrelated strategies and are employed in close alignment with each other. Positioning is the outcome of a conscious strategy of marketing. Positioning comes out of the marketing man’s awareness that a product cannot be ‘every 9. Work is not Fun- Everyone has a job to do, but it can be made to be fun. Happy employees are more productive and give better customer service. Get to know your employees and think of them as a person. Humor is a great way to relieve tension and make your employees happy to work for your retail business. Hard bosses to work for have high turnover which is costly to any business. 10. Poor Ad Merchandise or Pricing- Owners love to run sales for products that don’t sell or have poor prices for better selling items. The purpose of the ad is to get customers into your store to buy products. Selling a good item at 20% off regular retail will result in more sales and profits for your store than selling poor merchandise at 50-75% off regular retail. Many customers coming into your store for ad items will purchase other products at full price. 11. Not Aggressive with old Inventory- Inventory either makes you money or costs you money. Old inventory should be sold to create cash flow plus to clear space for good selling products. Too many owners think short term and will not sell an item below cost. Old inventory is better liquidated at 75% off, instead of sitting on your shelf or stockroom. The cash can be used to purchase good inventory, which can more than make up for the loss of the old item. I have seen many retail stores continue to suffer, because the owner will not take the necessary markdowns for his business. 12. Employees not Educated- Employees must be shown what to do. All employees should be educated on a consistent basis. This will result in less turnover, more productivity and more profits. Don’t think educating employees is about the first day or week. 13. Lack of Mailing List- Getting a mailing list is the best way to cut down advertising costs and increase sales. Customers on a mailing list will result in 5-10 the sales as new visitors to your store. The best ways to get customers on your mailing list is from checks and asking them for their address to be on your store mailing list. You may have to give a small incentive to get them on your list, but is definitely worth it. 14. Website not Effective- A website should either sell products/ be used to get visitors e-mail addresses. The more you keep in contact with the people on your list, the credibility goes up and so do the sales. Many people don’t buy the first time, they visit a website. Also, having some basic info about your store would be great also. I have seen many owners spend $2,000 or more for a website, plus a high monthly fee and not be effective. Flash can be nice, but if it takes too long to load, your website visitor is long gone. I have a website with all the bells and whistles and there were no up-front costs or contracts, less than $20 a month, and easy to do yourself. I have been able to save some of my consulting clients thousands by switching and having a more effective website leading to even more profit. Many retail stores have one or more of these 14 obstacles hurting their retail business. The key is to recognize the issue and fix it, before your business suffers.
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