Have you ever worked a 10,000 piece puzzle?
Imagine all of those pieces spread out on your table. Where do you start? How do you start?
You probably have these questions about how to thrive coming out of the COVID-19 retail challenges.
Here’s how we recommend you start:
- Invest in e-Commerce: We expect e-Commerce growth trends to extend well past COVID-19.
- Control Inventory: Regularly review sales performance and inventory on-hand reports daily, weekly, and monthly to understand what inventory is moving.
- Reward Loyal Customers: Use frequent buyer incentives to support customers who support you.
You can’t snap all the pieces of your business together at-once, but you could start here. The truth is there are many strategies to working puzzles, but the most important step is that you have to start. Marveling at all of the pieces won’t snap them together.
BTW, the pro tip is to make sure all puzzle pieces are face up, sort them by color, and set aside the edges or corners.
Reach out to book a demo with RICS and see how we can help!
BRA note: We are very pleased to mention that RICS Software is a BRA Supporting Vendor Partner who is currently offering fifty percent (50%) off all on-boarding fees and fifty percent (50%) monthly fees for the first twelve (12) months as well as a deferral of payments until 2021 for all BRA Distinguished Retail Members. Be sure to mention BRA when connecting with Tom and the solid people behind this outstanding resource.
– Doug Works, Executive Director BRA
If you are not yet a BRA Retail Member, you can easily opt in to either Regular (no cost) or Distinguished ($99/yr.) Membership via this super simple join form