Paper Source’s Post

🗣 Retailers kicked off the new year with a bang at Retail’s Big Show, the National Retail Federation's (NRF) annual conference, which drew several big-name speakers, including actress and brand founder Drew Barrymore and US-based bookstore chain Barnes & Noble, Inc. CEO James Daunt. 📚 Anyone who has seen the film You’ve Got Mail, which is set in the late ’90s, and involves the demise of The Shop Around the Corner, an independent children’s bookstore, due to the arrival of a megastore, is familiar with the narrative of the beloved but struggling indie bookstore. 📈 But the reality is, today, The Shop Around the Corner would stand a much better chance of survival, thanks to the revival of indie bookstores in recent years. 💻 In my latest article for Inside Retail US, I cover the Barnes & Noble's relatively recent revival and some lessons book retailers can learn from indie bookstores. #insideretail #retail #bookstore #barnesandnoble #books #shopping #consumer #editorial #linkedin #shopper #commerce #retailer #ecommerce

Have you yet grabbed your copy of “The $100 Million Store”? It's an extensive guide on achieving and maintaining $100 million in annual sales on Shopify. 📑This ebook, a collective effort with Videowise and leading eCommerce tech partners and agencies, unravels case studies of 50+ successful stores. Each story echoes the prowess of innovative strategies and dedicated execution that has taken brands to this enviable milestone. 💰Why $100 million? 🎯 signifies consumer trust and operational efficiency 🎯 unlocks doors for further innovation, strategic partnerships, and sustained growth 🎯 in the competitive world of eCommerce, it’s a benchmark that every ambitious brand aspires to achieve. Grab your free copy here: https://lnkd.in/eGdanPjb #Shopify #100MillionStore #eCommerce #eBook

🤔🛍️ Are you unsure how to navigate a poor economy as a gift shop owner? Don't worry, we've got you covered. Check out our latest blog post and discover how to boost sales in tough times! #MerchandisingPlan #SmallBusinessMarketing #GiftShopSuccess 💪 https://lnkd.in/gYHYEVM8

🤔🛍️ Are you unsure how to navigate a poor economy as a gift shop owner? Don't worry, we've got you covered. Check out our latest blog post and discover how to boost sales in tough times! #MerchandisingPlan #SmallBusinessMarketing #GiftShopSuccess 💪 https://lnkd.in/gtYzCjPs

The biggest sales of the year may be right around the corner, but there’s no better time to reset your merchandise planning and e-commerce strategies, and start breaking the markdown cycle. In this playbook, you’ll learn from industry experts on how to: 💡 Stop relying on reactive discounting and flash sales to meet trade and sales targets 💡 Use merchandise planning as your secret weapon to combat frequent markdowns and sale periods 💡 Learn how your e-commerce retention initiatives have a much larger impact on inventory management than you think, with a step-by-step guide of strategies to implement 💡 Implement effective methods of clearing stock when you're facing a looming aged stock problem Uncover the essential strategies to overcome stock problems and never launch an unplanned flash sale again. Download your copy here 👉 https://loom.ly/X7MY__E #ebook #discountculture #inventorymanagement #retailmerchandising

When customers walk into your store and walk out buying something, we call it CONVERSION. Many retailers see conversion in the single digits. Consider 5% conversion…when 100 people walk into your store, only 5 made a purchase. There is so much to uncover there. You don’t need more traffic to come into your store, you need to figure out what to do with the traffic you do have! As my New Years gift to you, I am giving away 10 copies of my friend Mark Ryski’s book, Conversion, The Last Great Retail Metric. Add a comment below to claim your copy. I will mail it to you with my complements. Let’s move the needle on conversion in your stores and watch your revenue soar. To learn more about Running Great Stores, visit my site at runninggreatstores.com #markryski #headcount #runninggreatstores

Want To Make Money Money Through Your Stores? Don't Expect Customers To Be Experts The LCBO has beautiful stores. But they are absolutely terrible for customers who don't already know what they want to buy. "Grilled thyme, dark olives, wet cement and roasted red pepper ..." If you aren't a wine buff, this probably raises a few questions. The worst thing you can do is to a customer feel disconnected from the buying experience. In this video, I share my thoughts on how straight-forward education and visual management improve the overall customer experience. The more comfortable you make a customer feel, the happier they are to buy. #retail #operations #execution -------- ---------- ---------- ---------- ---------- Book A Free Discovery Call With Me Today 📲 https://lnkd.in/eE8Z5dNc Get my Deeper Dives newsletter 1x/wk 👇 https://lnkd.in/dCsUAauR Submit a question for me to write about 👇 AMA: https://lnkd.in/e3RjBiJD

The Suppliers Guide to Navigating a Walmart Partnership! Being a supplier at Walmart requires a keen understanding of its key stakeholders. We learned valuable insights from Rick Mangrum, former Vice President of Merchandising at Walmart USA, highlighting the importance of addressing the needs of vital stakeholders for a successful partnership. Inside the eBook: - Identifying the 5 Key Stakeholders at Walmart crucial for suppliers. - Expert strategies on how to effectively address their specific needs. - Exclusive insights on building and sustaining a meaningful supplier-retailer relationship with Walmart. Download this free eBook to unlock the secrets of successful partnerships at Walmart! https://lnkd.in/gvkbdUxK

Who likes to go shopping at Costco for their free samples? I wish more grocery stores had adopted the same strategy. You walk around the shopping center and try different items before deciding what you want to buy. Case studies can be your free samples. They outline just how your product works and how services help others. People can see your process's exact layout before committing to purchasing your product. Some benefits of case studies include: 1. Personal testimonials for your products 2. Specific solutions outlined in detail 3. Clearly listed benefits and financial returns I believe case studies will become even more important as time goes on. With so much computer-generated content, anyone can be anything, at least at a surface layer. Case studies strip away the surface layer and add authenticity to your claims. Customers know you aren’t just making generous claims and fake AI-generated testimonials. You have proof that backs your claims. Do you have any case studies on your site? We can help you create your first one! #casestudies #contentmarketing #buildingauthority #buildingtrust

Light reading - prepping for a crash course covering Friedman’s book. What are some references you go to whilst preparing your retail store teams? #retailerforlife #friedman