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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

 

Jewelry Benchmarks & Trends Analysis

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Ever wanted to see how your Jewelry store is performing in all key areas compared to other stores?

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How to prosper in uncertain times!

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Learn the secrets of how to turn adversity into opportunity.

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The ‘Real’ cost of aged Inventory!

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Are you sitting on a fortune? With your aged inventory costing you more than 100% every year … you probably are!

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Need to improve your cash-flow?

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Learn how to reduce costly debt, improve your return on investment and determine your Optimum Inventory level then

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