- Retail Knowledge
How To Increase Retail Sales Without Discounting
Lack of service due to incorrect staffing of the store to meet the number of customers is one of the main reasons of loss sales. A store who got a traffic of 3,000 visitors in a week, but sells only 15% to them, it’s just 450 transactions. This situation means that 2,550 people leaved the store without buying. If we want to enhance the sales of 5%, it’s necessary to sell to 23 of the 2,550 visitors who didn’t buy. Perhaps the mailman or delivery man comes a few times.