March 20, 2023

Three Ways To Grow

Rank-ordered by what you read about from the experts.

  1. Get more sales from loyal buyers.
  2. Acquire new customers.
  3. Manage your merchandise assortment properly.

Rank-ordered by what my project work suggests is most important?
  1. Manage your merchandise assortment properly.
  2. Acquire new customers.
  3. Get more sales from loyal buyers.

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Oh, It Adds Up

Let's look at an example. You have a winning item. It sold 50,000 units last year at an average of $30.00 each, for $1,500,000 in sales....