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A Review of Style, Selling, and Sales

2/7/2017

 
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Turn down the noise. Dial in your focus. Develop a filter for which retail trends pertain to your business and which don’t.
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In this week’s trend report, part 2 of a 4-part series about retail competition, we advance your understanding of retail fundamentals from academic to application. Study current and relevant examples of the product lifecycle, sales channels, and customer shopping filters.

Topics Discussed in this Trend Report:

  • ​Study your competitors’ products and services as a way to assess your business
  • Have a strong understanding of retail fundamentals in the midst of industry changes
  • Illustration of the product lifecycle
  • Review of different sales channels including full price, off-price, and shared use
  • Understand how your customers organize their shopping filters into a decision hierarchy
Click to Tweet:
When you ask better questions, you get better answers and make more informed decisions.

Resourced Mentioned:

​Product Lifecycle

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    What's Your Retail Success Style? Quiz on an tablet device | Visit merchantmethod.com for more.
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    Merchant Method Retail Trends Top Block Posts | Visit merchantmethod.com/retailtrends for more info.
    #1  THE FUTURE OF RETAIL

    #2  HOW TO DESIGN A FOOLPROOF BRAND EXPERIENCE

    #3  5 STEPS TO SELL SLOW-MOVING STOCK

    #4  CREATING A COMMUNITY (AND LOYAL CUSTOMERS)

    #5  LEARN WHY SHOPLIFTING HAPPENS AND HOW YOU CAN PREVENT IT

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HI, I'M CHRIS GUILLOT!
I made my first sale when I was eight years old and started teaching retail business classes at 20. Now, 23 years after guiding my first clients, I'm here to help you build more profit.
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