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You have done great work in 2018-19.
But, there were some challenges which you might have faced during this year which you found difficult to handle?
And I am quite sure you don’t want to face those challenges again?
I agree with you.
Retail jewellery business has its own challenges but multiple opportunities.
Here are some of the major challenges which you are facing today?
Market has changed a lot and the customers’ expectations have gone up.
Staff’s are not always motivated to sell more, competition has increased and gold rates are fluctuating.
But, this can be handled.
You can turn obstacles into opportunity and make more profits in the year 2019-20 while your competitions are still figuring out what to do.
I believe with a better planning and proper guidance, any body can make 2019-20, the best year of their retail jewellery business.
The questions is,
“Do you want to make 2019-20 your best year ever?”
If the answer is “Yes”,
Then I can show you how to make 2019-20 your best year ever.
I will show you the methods which I have used to help 300+ retailers in last 6 years to increase their profits.
I am doing a workshop on “How to make 2019-20 your best year ever”.
The workshop will be focused on 4 important aspects of jewellery retailing which works as pillars of successful retail jewellery business.
How do I know that this works so well?
I have worked with Titan and Tanishq for more than 20 years. I started Retail Gurukul in 2012 and since then we have helped 300+ retailers increase their profits and we have trained 6000+ staff across India, Dubai and Vietnam.
Want us to contact you? Please fill the below form and we will contact you.
Here are the topics of the workshop.
1. Building a Business Plan:-
What is business plan?
Why it’s important for you to have a business plan?
How you can create a business plan?
2. Inventory Management:-
Assortment Planning– How you should do the right assortment planning for your store.
Buying Practices– What are the best buying practices a retailer must be aware of.
Value Addition– How can you add value by keeping a right merchandise in your store
Ageing– How old are your inventory. It’s an critical part of inventory management. You need fresh inventory to sell better.
Dead Stock– This is one of the biggest problem a retailer has today. In my experience, average retailer has 30% of dead stock in his store.
How much deadstock you have?
There is a big opportunity to make more money here. Want to know? Register for the workshop. Click here to register
Vendor Partner Relationship-
How to maintain good relationship with the vendor.
How to create a win-win situation for you and your vendor as well. Without the vendors help, it’s difficult to have product in a store which sells itself.
Open to Buy Software – I will tell you about the “Open to Buy Software”. This will tell you what to buy.
3. Customer Relationship:-
Life Time Value of the Customer– How to create a long lasting relationship with the customer. In jewellery industry life time value of customer is very high if you can delight them and make them loyal customer
Loyalty Programs– How to create loyalty programs for your VIP Customers. This helps in building the good customer relationship.
Pre Sales Monitoring– When customers come to your store
How to understand what they want have the right merchandise ready for them
How to identify which kind of customers they are so you can give them better customer service best on their personality type.
Post Sales Monitoring– Once they purchase from you
How can you make her sales experience more pleasant.
What you can do so that she would like to visit your store again and become a loyal customer.
4. Staff Management
Training on Selling Skills– I speak with retailers regularly. One of the big challenges they have that their staff don’t have a proper selling skills to sell products to customer.
How can train your staff so that they can cultivate a proper selling skills eventually make you more profits by selling better.
Motivation(Incentives)- How to motivate your staff to sell more?
How you can implement an incentive structure for them to be motivated? You will learn this in the workshop.
Firing– There will be a staff member, who will cause some problems. Trust me it’s not easy to fire the staff. and not face its impact. I will show how and when you should fire a staff, the correct way.
Retaining- Retaining your sales superstars is difficult because there is always someone who will be ready to pay more.
How to build a culture in your store, so that they want to stick with you.
How you can appreciate their work and give them rewards and recognition for their effort.
Once we are done with these topics we will have Q&A session where you can ask specific questions related to your business and I will answer them.
You will get to spend a whole day with me and other participants, on how to improve your business and that will set the foundation for next 1 year.
We are running an early bird offer, for those want to benefit from it all.
Date & Day of the workshop – 9th August 2019 -Friday.
(8th Friday is Preview, 9th is Workshop, 10 to 12th is the right time for implementing the learnings) at the show.
Time- 9:30 AM to 5:30 PM
Price 12,500 + GST=14,750 (Early bird offer valid till 15th June)
So, what you are waiting for, click on register now button and register yourself.
Want to know what others are saying about Retail Gurukul .
Ashish Pethe- Waman Hari Pethe Jewellers, Mumbai 👇
Sanjay Kalsi, JD Solitaire, Delhi
If you have any questions regarding the workshop, please call Rahul on 9632081405
Please fill the below form and we will call you back for further information.