Posted by Yvonne Richards on 9/25/2015 to
Useful Tips for Improved Store Profits |
This is Part 4 of our popular email series "Improving Profits in your Store"..
The accumulation of small improvements can make a big difference to your bottom-line. Watch for these Profit-Tips - sent to you by the Greeting Card wholesaler that understands your need for profitable sales - www.InterGreet.com.
11. Partner with local Churches & Schools - For example, declare a, "First Baptist Church Day" or "Lincoln School Week". Have the Church or School publicize to its members that all purchases from your business, that are identified as coming from their members will result in a 10% Donation to the Church or School. Perhaps they'll have a special card you print up. It's a "Win/Win" deal. They make, say, $500 for their project and you make $5000 in incremental sales - and perhaps grab a few extra customers for life.
12. Understand Your Customer: The first principle in selecting any new product or service is to determine if it fills a current or future need. Think in your customers' terms; buy, show, sell and say things that interest them, not just what interests you. You'll be surprised how many retailers make the mistake of selling what is a passion to them - but of no interest to the market. A new product or service must solve a problem of some kind for the customer or make the life or work of the customer better in a cost-effective way. Anticipate the real needs of your marketplace and they will buy from you. .
We hope that you found this information from www.Intergreet.com helpful. We promise you, the InterGreet Tips keep getting better and better, so watch your Inbox for another in our helpful series, "Improving Profits in your Store". |
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