Fact -Retail sales leapt forward in November rising 0.7%
(Macquarie Research) Here are 8 key strategies to convert
your business challenges into opportunities:
1. just beforecostsleftthe rightin November 2012,better profit margins – Catherine Taouk reflects on a
Reducing
in
places to achieve
time
she
SUPRÉ
“I set out on a mission to turn the business around.
In a little over a week we had uncovered over $2 million in excess overheads. From store rents and lease
renewals, overtime, transport, freight, advertising, annual leave liability, base rosters, car leases, online
postage, online pick and pack efficiencies and stock control. And I hadn’t even got my hands on the
serious stock issue that lay dormant in our warehouse.”
2. Increasing revenuebrand-aligned demographics, that improve customer insights, into consumer’s
by embracing technologies
enhance loyalty,
attract prospects from
and gain valuable information
habits and identify emerging trends well before they reach tipping point. (BDO Spend Trend Report
2013)
3. Connect to your people with good truefperceptionmarket research –and brand,your customers, work
old-ashioned
speak to
your
team and your suppliers to uncover the
of the company
what makes