Question

My subject is Retail Management. I have to do an writing assignment using the 7 steps of the Strategic Retail Planning Process. Is there a report written on this process that can show me an example of the proper flow and give me ideas of how to write it?

Answer 1

Retail management is the process for a manufacturing company which helps customers to procure the desired merchandise from the retail stores for their daily personal use. It helps in saving time and gives an overview overflow of products at retailers.

For proper flow of retail management products, 9 tips that help to design proper management are using the right floor planning, aware about the leading retailers, ensure about product quantity, freshen up your display, find ways to appeal to multiple sense, sure your employees are on point, target customers. For proper flow example, there is a company pick&go corporation that as many retail customers located in high traffic sections of the medium-sized malls. The store mostly sells newspapers, grocery and candy. Where for proper flow some steps taken as invest in your customers, always looks towards future, ready for everything, keep the interest alive, keep staff up to date and motivated, catch customer's requirements, sell of slow-moving stock. For proper flow writing in retail management starting and running a retail management must with a plan that is a key role of management. First, execute a summary where business synopsis, a mission with objectives. Second, build a business summary in which the company's leadership and structure, location, product. Third market research where the size of the market, competitors, market trend and forecast to be analyzed. Fourth is make a marketing plan where your company position in the market, branding strategy, pricing strategies, sales and retail experience considered. The fifth is a build management plan where organization structure, team, staffing plans considered. Sixth is a financial analysis where capital and startup needs, breakeven analysis, cash flow projection considered.

That type of retail process management helps to maintain proper flow.

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