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(Retail Stores) How Many Salespeople Do You Need? Stores Lure Back-to-School Shoppers with New Tools, Deals 25 Ways To Increase Your Sales (Doug Fleener) Contacting pcAmerica
Are you paying five salespeople during times when you could get by with two? Or worse yet, are you losing potential sales because you're understaffed at busy times? According to the On The Floor Journal, as a general rule, salespeople should be able to sell at least 10 times their hourly wage. For example, if a salesperson earns $9.00 per hour, he or she should sell a minimum average of $90.00 per hour over the course of a week. Your total calculations can be done on a weekly basis. Take your weekly salary and multiply by 10. If your sales are higher than that amount, you should hire more sales people. In other words, you don't have enough sales people to handle the number of customers coming into your retail store. If you sales are lower than that amount, you are spending too much money on sales help. You may also want to look at your figures during any one or two hour period of time. If your employees are being paid $9 per hour and you have 3 salespeople on the floor, your expected sales are 9X3X10 or $270. If you are doing sales in excess of $270 during this period of time, it's time to add a sales person. If you are doing less than $270 in sales during that period of time, perhaps it's time to send out one for lunch. Obviously, this could get very complicated. You need to look at your sales statistics. If 1 PM is your busiest time of day, you need to make sure that you have an adequate number of sales people on the floor at 1 PM. Don't send your employees out to lunch during your busiest times of the day. Banks notoriously used to send tellers out to lunch between Noon and 2 PM. Noon to 2 PM is the busiest time for a bank since lots of customers stop at banks during their lunch hours. As a retail owner, you need to make sure you are adequately staffed during your business hours. On the Floor Journal is a FREE newsletter published by The Friedman Group (a company specializing in helping retail stores increase sales and profits). Your can read the entire article at: http://email.tailorednews.com/TMsubscribe.net/ViewOnline.aspx?u=GqPtLJ3FM1Gj&l=354108
Staples has a new deal where it'll give back the full cost of its computer service plan if the customer never uses it throughout the plan's life. I really like this one. Deciding to purchase a service plans on any product is always a difficult decision. Should you pay $200 or $300 for a service plan on a $1,000 computer? Who wants to pay for a service plan that you are never going to use. Staples makes the decision easy. If you don't use it, you get your money back.
Target is attracting college students to its stores by offering FREE round trip transportation to and from the store for afterhours shopping. What a great idea.
As a retail store or restaurant owner or manager, can you figure better ways to get back-to-school shoppers into your store? Why not give college freshman some free movie tickets or 25% off meal tickets?
To read more about how other retailers are attracting back-to-school shoppers go to:
http://www.marketwatch.com/story/stores-shift-gears-to-lure-back-to-school-shoppers-2010-08-02
(from Doug Fleener August 4, 2010 Newsletter)
If you own a retail business or restaurant, I urge you to print out this list and follow it. Also, make sure you subscribe to the Doug Fleener Newsletter (information at the end of this article). It's FREE.
Doug Fleener is president of Dynamic Experiences Group, LLC, a retail and customer experience consulting firm. He is the author of The Profitable Retailer: 56 Surprisingly Simple and Effective Lessons to Boost Your Sales and Profits. Doug also publishes several industry newsletters including the popular Daily Retail Experience.
To read more about Doug Fleener, subscribe to his FREE newsletter and to receive a FREE copy of his book, The Profitable Retailer, go to:
Contacting pcAmerica
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