While there is no magical solution to the growth of online shopping, there are specific strategies that small businesses can implement to help absorb some of the damage and energize their sales momentum. Here’s what you need to know about retail operational and marketing ideas to boost sales.
Here are the facts: in 2020, 40 major retailers filed for Chapter 11 protection, and 11,157 stores closed during the year, setting new annual records. In just one year, we’ve seen the closing of 149 million sq. ft. of leasable chain store retail footage. The impact of the pandemic on smaller retailers is immeasurable and severe.
Many small businesses are struggling to come up with out-of-the-box solutions to dwindling sales, but you have a few options at your disposal. Here are some essential retail operational and marketing ideas to boost sales you can implement if your business has been suffering:
My experience with retail strategy is deep and extensive. Please fill out my contact form for help from a professional coach with retail experience, and let’s discuss retail operational and marketing ideas to boost sales for your business.
Coach Dave
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