Vaping
Watching a news program about the problems associated with Vaping, especially with young people, it dawned on me that we have our own Vaping issue: Carbon Vapor Disposition, or CVD man-made diamonds.
X + Y = People
In addition to what is an analytical thought process, try thinking about these... sales as customers, not items. Think about what you have to offer the thousands of people who want to buy from you... Merchandise for people...
Vanity, Sanity & Reality
I mentioned to him offhandedly...that we work with jewelers who have very impressive top line sales...with very low net profit as well as challenging cash flow, to which he simply said: “Vanity, Sanity & Reality”.
Forget Budgets!
When you think about the budgeting process (work with me here) you have to look back at your history, sales and margin trends and changes in expenses, inventory levels and profit. Zzzzzzzzzz… So, don’t look back, look forward.
Underserved Markets
While visiting one of our Plexus members, it became obvious to us that they had a hole in their assortment. In fact, as we toured the marketplace, it was apparent that no one else in their market was going after this business as well.
CES 2018: What’s New for Retail
Coming to CES you really don’t know where to look first. One of my favorite booths to visit is the LG booth. This is what you walk through when entering...