Скачать или смотреть 5 Ways To Increase Sales For Your Store: Walmart's giftcard tactic, Sephora's loyalty program & more

In this video, Johan talks about 5 ways a retail business store owner can cut cost and save money for their business.

Retail and brick and mortar stores are expensive to run due to high rental cost and the retail industry has been branded a sunset industry for sometime now. In this episode Johan dishes out simple hacks a business owner or retail entrepreneur can do to instantly bring down cost in their shops - adopting a strong gift card program like Walmart, introducing tip jars like starbucks, having gift card programs like sephora, using loss leaders like walmart, forever21 and many more.

#dayone, #brickandmortar, #retail, #fnb, #offlinebusiness

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Running offline businesses is a tough job. DayOne is built by entrepreneurs with experience running large scale offline businesses and chain store and we have taken these businesses to IPO. We are experts in retail and F&B businesses. We tell you industry secrets nobody is willing to share. Our DayOne community consists of over 100++ business owners who are here to help each other out.

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DayOne is a platform built to help offline businesses train, assign and inform employees. Think of us as Asana, but for offline businesses. Our to-do list feature allows you to remotely assign jobs and track progress, while our FAQ features takes printed SOPs and store guidebooks online.

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Useful references:

Walmart and Amazon makes $3B off giftcard annually: https://www.cnbc.com/2020/05/24/how-a...

Sephora beauty insider giftcard program: https://www.forbes.com/sites/pamdanzi...

Loss leader retail business strategy: https://smallbiztrends.com/2020/01/wh...