Posted by Administrator on 3/24/2014 to
Valuable Hints on Improving your Store Profits.
by James Richards
1. Turn "Dead" Inventory into cash. -
Have a hard look at all the items you are carrying in stock. Any items that realistically will not sell in the next 6 months, should be put on sale as close-outs to generate some cash. Then reinvest this into fresh items that you know will sell well and give you a good margin. You could make a good profit on several turns of inventory in the same time you may or may not sell those slow-moving items. Also your customers will come back again when they see you have fresh, relevant merchandise for them to buy.
www.InterGreet.com
by James Richards
1. Turn "Dead" Inventory into cash. -
Have a hard look at all the items you are carrying in stock. Any items that realistically will not sell in the next 6 months, should be put on sale as close-outs to generate some cash. Then reinvest this into fresh items that you know will sell well and give you a good margin. You could make a good profit on several turns of inventory in the same time you may or may not sell those slow-moving items. Also your customers will come back again when they see you have fresh, relevant merchandise for them to buy.
www.InterGreet.com
