Guide To Effective Retail Merchandise Management
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| Author | : Meir Liraz |
| Publisher | : Createspace Independent Publishing Platform |
| Total Pages | : 42 |
| Release | : 2017-06-26 |
| Genre | : |
| ISBN | : 9781548373436 |
This guide covers retail merchandise management which involves: * What merchandise to carry in stock * How much to buy and stock of each item * How much selling space to give each item * What price to charge for each item * How to display, advertise and promote each item Merchandise management is sometimes mistaken with merchandising. Merchandising refers to good in-store display and promotion of merchandise. Merchandise management, as described above, is much more, as will be seen in the discussion to follow in this guide. Here are some of the topics discussed: Selection of merchandise Gross profit Profit per square foot Allocation of space based on profit per square foot Gross profit on investment Stockturn Implementing a merchandise improvement program Gradual replacement of undesirable merchandise Checklist for improving the merchandise mix in your store Retail pricing, sales and markdowns Retail advertising and promotion ...and much more. My name is Meir Liraz and I'm the author of this book. According to Dun & Bradstreet, 90% of all business failures analyzed can be traced to poor management. This is backed up by my own experience. In my 31 years as a business coach and consultant to businesses, I've seen practically dozens of business owners fail and go under - not because they weren't talented or smart enough - but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work. And that is where this book can help, it will teach you how to avoid the common traps and mistakes and do everything right the first time.
| Author | : Nancy J Rabolt |
| Publisher | : |
| Total Pages | : 400 |
| Release | : 2009-01-01 |
| Genre | : |
| ISBN | : 9781563676017 |
- Merchandise Management, Roles, and Responsibilities - Retailing Formats and Structures - Merchandise/Store Positioning - Merchandise Characteristics - Merchandise Planning, Buying, Control, and Profitability - Sourcing - Buyer/Vendor Relationships - Sales Promotion, Advertising, and Visual Merchandising - Personal Selling and Customer Relations - Entrepreneurship and Small Business Ownership - Ethics and Legal Behavior in Merchandise Management - Expanded coverage of technology, sourcing, branding, private labels, and ethical and legal behavior in retail management - Additional student activities related to each case study - Instructor's Guide provides suggestions for planning the course and using the text in the classroom
| Author | : Chartered Institute of Marketing, The |
| Publisher | : |
| Total Pages | : |
| Release | : 2000-12 |
| Genre | : |
| ISBN | : 9781861240804 |
| Author | : Prabhu TL |
| Publisher | : Nestfame Creations Pvt. Ltd. |
| Total Pages | : 247 |
| Release | : 2019-04-21 |
| Genre | : Business & Economics |
| ISBN | : |
Step into the dynamic world of retail management—a realm where innovation, customer experience, and strategic thinking converge to shape the future of retail. "Retail Management" is a comprehensive guide that unravels the intricacies of this vibrant industry, offering a roadmap to excel in a fast-paced and ever-evolving market. Embracing Retail Excellence: Unleash your potential as "Retail Management" equips you with the essential knowledge and skills to thrive in the competitive retail landscape. From store operations to omnichannel marketing, this book presents a holistic approach to mastering the art of retail management. Key Themes Explored: Retail Strategy: Discover the strategies that differentiate successful retailers, including market positioning and competitive advantage. Customer-Centric Retail: Embrace the significance of customer experience and personalized interactions in building brand loyalty. Inventory and Supply Chain Management: Learn to optimize inventory levels and streamline supply chain processes for efficiency. Visual Merchandising: Explore the art of visual storytelling and creating immersive retail spaces that captivate customers. E-commerce and Digital Retail: Stay ahead of the digital revolution with insights into online retail and e-commerce strategies. Target Audience: "Retail Management" caters to retail managers, business owners, students, and anyone passionate about excelling in the retail industry. Whether you manage a physical store or an online shop, this book empowers you to navigate the complexities of retail management. Unique Selling Points: Real-World Case Studies: Engage with practical examples from successful retailers, offering lessons for your own business. Data-Driven Decisions: Embrace the power of retail analytics and consumer data to inform business strategies. Retail Trends and Innovations: Stay up-to-date with the latest retail trends, technology, and innovative business models. Sustainable Retail Practices: Champion eco-friendly initiatives and responsible retailing. Elevate Your Retail Journey: "Retail Management" goes beyond textbook knowledge—it's a transformative guide that equips you to excel as a retail leader. Whether you seek to optimize store operations, enhance customer loyalty, or navigate the e-commerce landscape, this book is your compass to retail success. Set your course for retail excellence! Secure your copy of "Retail Management" and unlock the potential to thrive in the exciting world of modern retail.
| Author | : Dan Ramsey |
| Publisher | : Simon and Schuster |
| Total Pages | : 209 |
| Release | : 2010-04-18 |
| Genre | : Business & Economics |
| ISBN | : 1605507679 |
What are my start-up costs? How much will my store make? Should I sell online? How can I compete with larger stores? If you've ever considered owning a store but don't know where to start, The Everything Guide to Starting and Running a Retail Store is perfect for you. This resource will help you recognize the importance of an independent retail store in community life and the opportunities it offers for a rewarding lifestyle. This comprehensive guide shows you how to: Spot and capitalize on small retailer trends Conduct your own market analysis Research and select the most appropriate retailing software Run your business day to day Attract customers with effective advertising Make the leap to online selling This helpful handbook offers practical advice on retail store planning and management with valuable guidelines and real-world examples that can make the difference between your store's success and failure. This guide provides all the tools you need to run a store that your customers--and you--will enjoy for many years to come!
| Author | : |
| Publisher | : Jon Dario |
| Total Pages | : 95 |
| Release | : 2014-12-26 |
| Genre | : Business & Economics |
| ISBN | : 1502460629 |
The world of retail management presents numerous challenges. Maximizing effectiveness is the goal of every retail manager, but solutions are often difficult to find. In The Retail Management Formula: A Navigational Guide to Consistently Effective Retail Management, author Jon Dario pulls from his extensive experience in retail management and leadership to offer clear, concise, and practical tools designed specifically for retail managers. This book provides tangible and practical methods for turning ideas into action. With step-by-step instructions for establishing effective retail management routines, Dario delivers a complete program for laying the foundations of strong managerial behavior. The principles presented here can be used by both individual retail managers to achieve success and by senior leaders of an organization to serve as the core of their management training and development program. Filled with real-life illustrations of the book’s central ideas as well as detailed instructions for their implementation, The Retail Management Formula is a must-have book for any retail manager or organization interested in driving consistent execution on the part of their retail teams.
| Author | : Marie-Louise Jacobsen |
| Publisher | : John Wiley & Sons |
| Total Pages | : 425 |
| Release | : 2011-12-20 |
| Genre | : Business & Economics |
| ISBN | : 1118178696 |
Buying for retail is a demanding and challenging job that requires a creative flair, a strong awareness of fashion trends, life trends as well as good interpersonal and team working skills. Buyers and merchandisers have to ensure that the right merchandise is being sent to the right stores, at the right time, in the right quantities. This takes a blend of forward planning and rapid response to consumer demands. In combination with the other areas of the business, success comes from maximizing profit, which is achieved through anticipating customer needs and responding rapidly to immediate issues. It involves complex data analysis, liaison with the stores operation teams and balancing store stock levels. To succeed as a professional buyer, you will need strong analytical and numerical skills, an interest and understanding of consumer demands and strong commercial awareness. You also need to have an ability to understand and prioritize issues quickly and efficiently. Progression into the Merchandising function also involves the ability to manage change. The better equipped you are in your buying function the better you will be able to adapt to these changes. The best change of all is to graduate from a good buyer to an outstanding one! To handle the complexity of data and to enable you to contribute effectively in the critical role of a buyer, you need the right skill-sets and a right mind-set. Both of which can be learned in The Art of Retail Buying. This easy to read guide is written in a concise & pictorial style with colorful images that enables you to follow step-by-step each function of a buyer. The Art of Retail Buying will inspire you, motivate you and encourage you towards merchandising excellence!
| Author | : John Donnellan |
| Publisher | : Fairchild Books & Visuals |
| Total Pages | : 52 |
| Release | : 1996-01-01 |
| Genre | : |
| ISBN | : 9781563670534 |
This comprehensive text covers the principles of retail merchandising from the dual perspectives of retail buying and the management of inventories at store level. The author, an educator and merchant with over 20 years' experience in the department and specialty store industry, offers a contemporary approach to buying and merchandise management from both quantitative and qualitative perspectives, with a strong integration of the two. Instructor's Guide provides objectives, course outlines, tests, assignments, projects, and teaching suggestions.
| Author | : William R. Green |
| Publisher | : |
| Total Pages | : 120 |
| Release | : 2012-09-04 |
| Genre | : Shopping malls |
| ISBN | : 9780615676395 |
Retail design is different. It's a specialty. When done well, it works like magic. You want to build successful stores that are magnets for attracting customers, intriguing them, and selling products and services. The ideas in Store Design will help you design great retail experiences. Analyze your client's design needs according to type of store, location, the product, price-point, and budget. Systematically design and organize a store that reinforces a desired image, attracts shoppers and motivates them to buy. Create flexible, timeless and tasteful stores. Entice customers to enter the store, shop, buy and return again and again.The main components of store design are revealed chapter by chapter. Each axiomatic component leads to a selection process of "either-or" design subsets: open or closed front; strong or neutral design; accessible or inaccessible product display; and so on. This is the core of the retail design process. Use these design principles to build a store design that meets every concern of the retailer. Create a correct and memorable store image, a sensible floor plan, effective product presentation, an arresting storefront design, and vibrant, energy-efficient lighting.When done, you will know that your store design works: functionally, aesthetically, and psychologically. You will have created the right store for your product, your location, and your retailer, because you will have used sound design principles to make every decision along the way.Loaded with many photos and illustrations, Store Design explains everything in five chapters. Also, there is a useful glossary of retail architecture terms, and a step-by-step checklist to take you through the design process.Store Design is a guided, logical approach for designing a retail store. It will provide a simple, easy-to-follow design template. It will reinforce your existing skills and experience. And it will also serve as a knowledge base for the entire team so everyone can understand and follow the design process. Anyone can gain the equivalent of years of retail design experience simply by reading and adopting its ideas. Why wait? Get Store Design now and get going on your next retail store.Store Design is a Complete Guide to Designing Successful Retail Stores.Includes 42 photos & illustrations plus design checklist.
| Author | : Nicole Reyhle |
| Publisher | : McGraw Hill Professional |
| Total Pages | : 274 |
| Release | : 2014-07-04 |
| Genre | : Business & Economics |
| ISBN | : 007184015X |
YOU CAN COMPETE WITH THE BIG-BOX STORES! Whether you're a seasoned merchant or retail newbie, Retail 101 is the guide you need to successfully manage, market, and grow your retail business, brick and mortar or online. From two of today's top retail thought leaders, Retail 101 serves both as a strategic planning guide and as a hands-on practical reference that answers your critical questions along the way. "The ultimate how-to guide for independent retailers. Each chapter addresses a vital ingredient for retail success, including helpful ideas, useful lists, and action guides." -- Ted Teele, Chief Executive Officer, SnapRetail "While small retailers may feel like an endangered species, those who read this practical guidebook to retail survival will come away confident that they have unique assets they can turn into sustainable profits." -- Molly Love Rogers, President and CEO of Internet Retailer "If you've ever felt alone or frustrated building your business, read this book today!" -- Joe Abraham, founder of BOSI Global, author of Entrepreneurial DNA
