I think the most important thing for new retailers is taking the time to gain clarity about their business. What I mean by this is that a business owner can get really wrapped up in the day to day hustle and bustle but the biggest mistake they can make is not taking the time to actually leave their store, relax and clearly write out the following: 1 What is their mission? Honestly, this is such a simple thing but it is critical in order to be successful.
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You learn so much just in that first year that you have to go back and see if what you initially thought is still the same. For myself, I know who I thought my customer was ended up being different than what I originally expected. If I did not take the time to understand that I needed to adjust my buying selection to accommodate my customers, I would have taken a huge hit in sales.
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I thought that I had two options 1 to enter in the product by name to look it up or 2 scan a barcode. But each product has a unique identifiable code so you do not even need to have a barcode on the product in my case this is important for jewellery , I can write the 5-digit code on a label or even in a binder next to a photo of it and I can keep this under the register.
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She enjoys talking to incredible Vend retailers from around the world and making the world a better place with her side projects. You must be logged in to post a comment.
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