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Making higher profits for your Store

Improve Your Store's Profits #2

Posted by Administrator on 4/21/2014
Valuable Hints on Improving your Store's Profits
2. Pricing Strategy - Make sure you have considered the cost of goods and that you are able to make a good margin. Your price should be competitive, but still profitable. Red Hot Tip: Perhaps you can source your merchandise at a lower price so that you can make a good profit but still be price-competitive? Remember, the right price is the one the customer is willing to pay for the product.
This is part of our new series to assist retail store owners. Please share
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