Oct 10, 2019
As independent retail business owners, knowing our numbers is crucial. Too often, we get caught up in the day-to-day hustle without understanding key metrics that could propel our businesses forward. Understanding and improving your average sale can significantly impact your retail success.
In today's episode, I’m diving into everything you need to know about average sales, from calculating this essential metric to actionable strategies for increasing it. Whether you run a brick and mortar store, sell at markets, or operate an ecommerce business, these tips are applicable across all retail types.
Listen in as I share practical examples of boosting your average sale, such as empowering your sales staff with training, adding impulse buys near checkouts, bundling offerings for market sellers, and leveraging technology for online add-ons. Remember, you can't manage what you don't measure, so let’s start tracking those numbers!
For show notes, including links to anything I mentioned in this episode, visit www.savvyshopkeeper.com/episode4.
Kathy Cruz is an Independent Retail Coach who helps store owners work smarter, profit more, and grow their brick and mortar businesses. Connect with Kathy and learn more here:
Website: https://savvyshopkeeper.com/
Instagram: @savvyshopkeeper
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