Create knowledge
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(rate this)
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Use your Database
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Being a stand out in the competition
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selves
| Added idea
"cannot increase sales, but bring down cost of sales."
| 2 years ago
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increasing the sales or cutting down the expenses can be done only to a certain degree. the ideal way to make a business healthy is to keep the cost of sale very low. 1 % decrease in the COS can bring in multiple growth in net margins. have a...
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Bikram Singh Sardar
| Supported idea
| 2 years ago
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I absolutely am in sync with you Brijesh, it is so important in this cut-throat competition topped by the slowdown to retain your customers. Any retailer who fails to retain his customers can by no means (ads, promos, activities) get back the customer...
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Gaurav Sharma
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"Use your Database"
| 2 years ago
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Fresh database can be created if they open a field to key in mobile number against a billing@POS.This will not reflect in the printout handed over to a customer. Like this database will always be updated.No additional cost is involved.This...
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Ideate: "How retailers can increase sales in an economic slowdown?" deleted from your view.
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(rate this)
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Product based Location
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Inteincive Research,Customer Profile,Rentals,Connectivity.
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amit agarwal
| Added idea
"In a tier 3 city which is better location specially for a digital lifestyle/ IT retail store- A new mall or across the road"
| 2 years ago
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Malls in India seem to be more of a hangout and window shopping zone. Or it serves the purpose of the anchor store OR as a food n entertainment joint if it has a mulitplex. The smaller stores inside look deserted most of the times. This is the...
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Bikram Singh Sardar
| Added idea
| 3 years ago
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What I mean here is that, when you searching a location for your store you should be fully aware about your clientel. Say for an example if you have a product which is targeted at the lower middle class you can not really open a store in a really posh...
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ashish jaiswal
| Supported idea
"Product based Location"
| 3 years ago
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I think product based location should kept in mind before going to open a shop. It is necessary because you should aware of the locality and what customer demands more in this place soo in this way. By keeping some important value and key of the...
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Ideate: "What to look for when deciding a location for your retail store ?" deleted from your view.
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