New Product Showcase

New Product Showcase

  • iHeart Locket
    Wearable technology for kids gets off to a stylish and educational start with the first "smart necklace" known as the iHeart Locket. Each golden locket transmits a secret code that ... read more
 
 

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Current Issue


July 2012 Smart RetailerThe July 2013 issue of Smart Retailer (coming to your mailbox soon) is packed with tips and advice that any retail business owner can use to help boost the bottom line, including:

  • Simple techniques to fuel add-on sales
  • Six of our best tactics to avoid markdowns
  • Easy ways to reduce your chance of theft
  • Tips for a sleek tableware display
  • Festive ideas for fourth-quarter profits
    >> Click here for more 

From the Blogs

 

 

Smart Tip!

Never Be Out of Your Core Products—EVER!

Empty HandedOne retail tip that all storeowners need to repeat to themselves as a business mantra is to never be out of the key products that customers come to expect of you. Do customers come back to you constantly for your bakery-scented candles? Then never, ever be out of stock of them! People come to you to purchase those particular items, and if you don't have them available, they'll go to another shop to find them. And if they're at that other shop, they might just find more items they like there better, or they might start doing all their shopping there. Be sure your inventory system is in place so these core products can be re-ordered regularly and well in advance of when they are expected to be low. No inventory on the shelf is bad, but just as bad can be one or two leftover products.

 

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