Retail Strategies, Concept Design & Execution
When considering a retail strategy, concept design and execution, you must first understand and clarify the reason why a consumer should be interested in your business or buy from you.
Why Will A Customer Do Business With You Or Buy From You?
Every retail business, no matter the size or age that is seeking to succeed must continually answer the question above. This is particular so as consumer behaviours and preferences continue to shift. Retail failures are mostly about poor concepts as they are about execution. Have you ever tried to execute a poor or outdated concept? The toll on the business will definitely be colossal!
Retail strategies and concepts should actually be very simple to design and execute and follow a few process steps:
- It all starts with an understanding of the consumer need,
- Strive to fulfil that need better than anyone else on the market,
- Create customer loyalty as a result of your focus on value for money for customers
- Monitor results, build and expand quickly
- Do it so well that competition will have to invest a lot just to catch up!
Retail Strategies, Concept Design & Execution
At Bervidson Consulting can help you find your answers by providing you with the following services:
- Retail “health check”, indicating just how fit your retail business is for its market and competitors
- Evaluation and strengthening of the current retail concept of your business
- The company’s Vision, Mission and Values redesign
- Organizational structure (organigram) for best execution of the defined concept
- Budgeting process estimating revenues, margins and expenditures.
- Retail Strategies, Concept Design & Execution
- Competitive business positioning
- Sales team management and sales optimization
- Staff audit and training
- Startups and turnaround
Our consulting service is a proven strength. We are experts in taking a reasonable retail idea and challenging it with best practices, or identifying where there are gaps in the business that can be filled profitably.
To gain further insight in what we can do for you contact us today!
The first consultation is free!
