Category Specialist Community
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Mastering the Sales Equation: Boost Your Retail Success with Footfall, Conversion Rate & Basket Size
Are you looking to optimize your retail sales and increase revenue? In this video, we break down the powerful Sales Equation: Footfall x Conversion Rate x Basket Size. Learn how each of these key metrics impacts your overall sales and discover actionable strategies to improve them. Whether you're a store manager, marketer, or sales professional, understanding this equation is crucial for driving growth and profitability in retail.
We'll dive into:
The importance of Footfall and how to attract more customers.
Techniques to improve your Conversion Rate and turn visitors into buyers.
Tips for increasing your Basket Size through upselling and effective merchandising.
Don’t miss out on this essential guide to retail success! Subscribe for more insights and tips on boosting your sales.
Keywords: Sales Equation, Retail Sales Strategy, Footfall, Conversion Rate, Basket Size, Retail Growth, Sales Optimization, Retail Management, Increase Sales, Retail KPI, Retail Marketing, Retail Analytics.
Переглядів: 57

Відео

Mastering Retail Safety Stock: Ensuring Smooth Operations and Customer Satisfaction
Переглядів 189Рік тому
Welcome to our comprehensive guide on Retail Safety Stock! 🛍️ In this video, we delve into the essential strategies and insights that every retailer needs to know to maintain optimal inventory levels and provide top-notch customer experiences. 🔒 Discover the importance of safety stock as a safeguard against unexpected disruptions, demand fluctuations, and supply chain uncertainties. 📊 Learn how...
What is Category Management; Define Category Management
Переглядів 915Рік тому
In this video, we will be discussing Category management and its significance. Category Management is a strategic approach to manage product categories as strategic business units, rather than just looking at individual product or brands. It involves analyzing consumer behavior, market trends, and supplier performance to make informed decisions about which products to stock, how much to stock a...
Inventory Turnover; How to Calculate Inventory Turnover, Category Management, Retail Inventory
Переглядів 262Рік тому
Detailed video about inventory turnover which is an important metric to measure Inventory health of retailer.
How to calculate Sell through; Category Management; Category Management Process;
Переглядів 3672 роки тому
This video explain about how to calculate sell through percentage and why is it important in retail. Topic related to Category management and Category management process.
Category Management; Category Management Order Process; Budget Distribution
Переглядів 3322 роки тому
This video give you brief about Category management ordering process. How to derive Item wise quantity from Budget. How to distribute budgeted value.
What is Markup and Margin, Category Management Pricing Methods, Difference between Markup and Margin
Переглядів 4182 роки тому
In this video I have discussed the core concepts of Markup and Margin and I am sure after watching this video your all doubts related to this topic will be cleared.
Nifty Market crash, Nifty 50 Level Prediction, Nifty Option Strategy, Nifty next level prediction
Переглядів 272 роки тому
Nifty Level prediction, Nifty market crash,
What is a weighted average? How do you calculate a weighed average?
Переглядів 2102 роки тому
What is a weighted average? How do you calculate a weighed average? It is a type of average based on the abundance of what you are measuring. Weighted average will help to have better projection in Category Management.
Consumer Decision Tree; Planogram; Consumer Decision Making process
Переглядів 1 тис.3 роки тому
This video give you detailed info about consumer decision tree with example
Retail Private Label; Category Management; Advantages of Private Label
Переглядів 5533 роки тому
This Video give you complete information about Private label.
Private Label, Retail private label, Category Management
Переглядів 1463 роки тому
Video about Retail Private label, Category management
How to Calculate Planned ending inventory; Ending inventory calculation for Retail purchase;
Переглядів 4203 роки тому
This video give you better idea about how to calculate planned ending inventory value while you do purchase plan.
Assortment Planning; Retail Assortment Planning; Category Management; Sales Plan
Переглядів 9 тис.3 роки тому
Give you complete details about Assortment planning in Category management
Category Sales Analyzing techniques; How to analyze your sales data; Best way to analyze your sales
Переглядів 9 тис.3 роки тому
Category Sales Analyzing techniques; How to analyze your sales data; Best way to analyze your sales
OTB; Open To Buy; Retail Open To Buy; Category Management
Переглядів 7 тис.3 роки тому
OTB; Open To Buy; Retail Open To Buy; Category Management
Category Management Process; Retail Category Management Process; Category Role; Category Management.
Переглядів 7 тис.3 роки тому
Category Management Process; Retail Category Management Process; Category Role; Category Management.
What is Category Management; Define Category Management, Retail Category Management
Переглядів 8103 роки тому
What is Category Management; Define Category Management, Retail Category Management

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