article thumbnail

10 Tips For Successfully Opening And Managing Your Retail Store

Strategy Driven

But how can you manage this increase successfully as a store owner? So, here are a few tips to help you open and manage your retail store in this ever-changing economy: 1. So, here are a few tips to help you open and manage your retail store in this ever-changing economy: 1. That’s the gamut of retail management.

Retail 99
article thumbnail

What's your Q-SCORE?

Rich Gee Group

It's the familiarity and appeal of a brand, celebrity, company, or entertainment product (e.g., It’s all about your BRAND. I frequently interact with upper management (boss’ bosses, leadership team - possibly the board). Upper management knows my name, my accomplishments, and what I’m working on (they say ‘HI’ to you).

Brand 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Perverse Incentive Compensation

Tony Mayo

From TED : Career analyst Dan Pink examines the puzzle of motivation, starting with a fact that social scientists know but most managers don’t: Traditional rewards aren’t always as effective as we think. Daniel Pink argues that it is not. Listen for illuminating stories — and maybe, a way forward. Popularity: 9% [ ?

article thumbnail

5 Ways Paid Loyalty Programs Can Bring Customers Back

Strategy Driven

They are far more likely to return to your brand to utilise the bonuses and offers than they would if you had a free loyalty program. Because you are receiving a premium for offering rewards and offers, you can afford to give better incentives than a free scheme. Customer Have an Investment. Customers Feel More Exclusivity.

Loyalty 118
article thumbnail

The Lowdown on Influencer Marketing and How You Might Use It for Your Restaurant

Strategy Driven

As the owner or manager of a restaurant, it’s natural that you’re flat out looking at many of your business’s everyday operational components. However, to achieve tremendous growth and turn your restaurant into the powerhouse you hope it to be, it’s vital to market the brand and its wares. Understanding Influencer Marketing.

Influence 130
article thumbnail

Crisis Management Essentials

Tanveer Naseer

Daniel is the IBM Professor of Regulation and Competitive Practices at the Kellogg School of Management at Northwestern University and the director of the Ford Motor Company Center for Global Citizenship. Such misconceptions can lead to severe management mistakes in a crisis situation. The following is a guest post by Daniel Diermeier.

article thumbnail

How to Build Long-Lasting Customer Relationships? (A Step-by-Step Guide)

Strategy Driven

Hence, it is very easy for customers to switch to new brands that appeal to them more. In fact, according to InMoment , 50% of customers leave a brand for competitors who stay more relevant and satisfy their specific needs. With these changes, maintaining customer relationships is what makes a brand stand out from its competitors.

CRM 96