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10 Tips For Successfully Opening And Managing Your Retail Store

Strategy Driven

Give Different Incentives Attracting more customers also involves giving them different incentives so that they are motivated to buy from your store. It’s not uncommon for retail stores to introduce customer loyalty programs – examples include Amazon Prime and Starbucks Rewards – or use marketing tools, e.g., ReferralCandy.

Retail 102
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When to Restructure | N2Growth Blog

N2Growth Blog

Following are five representative tips that will help you recognize the need for a reengineering initiative: Unusual declines in revenue, margin, market-share, customer loyalty, or brand equity. Copyright/Legal Privacy Resources Sitemap N2Growth Blog © Copyright 2010 N2Growth. Our Freedom. All Rights Reserved

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Leadership & Loyalty | N2Growth Blog

N2Growth Blog

Revolving Door : If you either can’t attract or retain tier-one talent, you are not an effective leader who has earned the respect and loyalty of your team…In fact, upon closer examination you’ll find that you probably don’t have a team. Our Freedom. mikemyatt: The rigidity of a closed mind is the first s.

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Engage Employees Using Customer Service Tactics

Harvard Business Review

A recent study by Aon Hewitt , for example, found that companies with high levels of engagement outperformed the stock market in 2010. They promptly distribute the scores and verbatim responses to frontline reps and supervisors, who follow up right away with unhappy customers, fixing the problems wherever possible.

Tactics 14
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The Comprehensive Business Case for Sustainability

Harvard Business Review

This can disrupt a firm’s ability to operate on schedule and budget. Of the respondents, 72% said that climate change presents risks that could significantly impact their operations, revenue, or expenditures. billion in mining projects since 2010. ” Improving risk management. Fostering innovation.

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People Are Not Cogs

Harvard Business Review

Yet most organizations still operate much as they did in the industrial age. The two camps operate with a "live and let live" approach, and they don't attempt to collaborate or interoperate with one another. Profitability up 16%, Productivity up 18%, customer loyalty up 12% and quality up an incredible 60%.

Hamel 16
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Top Ten Pitfalls to Avoid When Going Social in the Business World.

Strategy Driven

Social media and community collaboration bring many benefits, including brand-building, customer loyalty and retention, cost reductions, improved productivity, and revenue growth. Pitfall #7: Neglecting employees, partners, investors, or customers when building your Social Nation.

Media 50