V Count

MAY 5, 2021

Your conversion rate is an indicator of good you are at turning visitors into buying customers. While generating high footfall traffic to your stores is a great starting point, it won’t provide much value without the ability to convert those visits into transactions that generate profit. Why measure gross and net profit?

Net Profit 52

Net Profit ATV Customer Retention Store Layout 52

V Count

OCTOBER 5, 2022

Previously, customers used to shop for particular products at a variety of specialized stores. Being competitive to draw clients while making sure the retail store makes enough money from each sale is how profit margins are managed. Profit is a necessity for all retailers. Then, you’ll know what to charge.

Customer Retention 52

Customer Retention Markdowns Bundled Pricing Net Profit 52

Retalon

AUGUST 22, 2023

GMROI – Gross Margin Return on Inventory Investment Definition GMROI measures how efficient and profitable you are at turning your inventory into gross profit. The higher your GMROI, the better you are at wringing profit from your product mix and inventory levels. Anything under 1.0

Customer Retention 41

Customer Retention Returns Payment Services Promotions 41