Edge Retail Academy
Edge Retail Academy
"If you always do what you've always done... you'll always get what you've always got!"
The Edge Retail Academy is a specialist retail consultancy with first hand experience and a track record of success.
By following the proven strategies contained in our revolutionary, on-line and interactive Edge Retail Academy, you can enjoy greater profits, success, peace of mind and more free time for you and your family.
By using your monthly Benchmarking Report you will learn what is and isn't working for you and by simply accessing the relevant Edge Retail Academy Module, you can build your store into a solid, structured business that works for you... so you don't have to.
Edge Retail Academy Modules:
Module 1 - Financial Objectives & Management
The ‘Big’ picture. Vision and goals
Budgeting for retirement planning or Debt reduction … the ‘GAP’ Analysis
Bridging the ‘GAP’
Establishing & monitoring your retail KPI’s
Understanding Gross Profit & ROI
Managing for Results - measuring, monitoring and modifying results
Succession/Exit planning
New Store Breakeven Budgeting
Module 2 - Inventory Management
Data quality control and procedures
Future Growth – SalesPlan for future sales, profit & inventory projections
Optimum Stock level & mix by category.
Establishing and using an ‘Open to Buy’ budget.
Retail trends and how to profit by them
Vendor management – the Buyers role
Improving Stock-turn. The impact of fast sellers.
Improving Margin/Mark-up and ROI through Inventory Mgt
Clearing ‘Aged Inventory’.
Merchandising & Display ie talkers, signage, windows, boxing etc.
Reports ... which reports to print, when to print them and how to read them.
Module 3 - People Management
Job descriptions
Remuneration
Performance Management
Selection and Recruitment
Training
Incentives & Profit Share
Module 4 - Sales & Marketing
Establishing a marketing plan and an advertising budget to execute the plan
Best choice of Advertising medium
Profiting from your customer database.
The impact of discounting and ways to reduce it
Creating a unique ‘Customer Culture’ & ‘Point of Difference’
The ‘Lifetime Value’ of a customer
Building Retail sales
Module 5 - Effective Leadership
How to be an effective and respected leader
Effective Time Management & Delegation
Work/life balance
Handling stress
Team meetings and effective communication
Conflict resolution
Creating and fostering a positive team culture & environment
There is also a Frequently Asked Question's Page for example:
Q: What percentage of my sales should come from repairs?
Q: What should my wages be as a percentage of sales?... and so on
Edge Retail Academy & Benchmarking are yours for
just US $195.00 per month
Click here to contact us