Monday, October 7, 2013

How To Prepare Your Retail Store For The Upcoming Holiday Rush

The holiday season is fast approaching, which means shoppers are going to be out in full force. Most retail store owners report their highest sales during the months of November and December. The single busiest shopping day is the day after Thanksgiving (also known as Black Friday), but retailers can expect huge numbers throughout the remainder of the year. So, how exactly do you prepare for large customer turnouts? Keep reading to learn some important tips to help prepare your retail store for the upcoming holiday season.

Stock Up!


I can't stress enough the importance of stocking up on produce before the holiday season hits. If you wait until the months of November or December, there's a good chance you could find yourself out of stock with certain products. And when a customer visits your store only to discover that you're out of a certain product, guess what they'll do -- yep, go to one of your competitors. When it comes to the retail holiday season, it's better to be over prepared than under. Contact your distributors to order a surplus of product that you expect to sell a lot of this holiday season.

Offer Holiday Sales


Shoppers expect to see huge sales and promotions during the holiday season, so make sure you are incorporating this into your retail store. When customers get a good deal on a certain item or product, they'll likely tell their friends and family members about it, drawing more customers to your store. As the word begins to spread about your store's holiday sales, the customers will keep pouring in through the doors. The bottom line is that you need to give shoppers a reason to choose your store over your competitors, and one of the most effective reasons is through special sales and promotions.

Holiday Marketing Done Right


Of course, you shouldn't overlook the important of marketing this holiday season. Relying strictly on word-of-mouth marketing will only take your business so far; it's up to you as the store's owner to attract shoppers through other mediums. Whether it's sending out advertisements in the mail, setting up promotional booths at local events or even purchasing ad spots on the radio, you need to advertise your store this holiday season. Contrary to what some people may believe, advertising doesn't have to cost an arm and a leg. There are dozens of low-cost advertising mediums available, so spend some time researching the available promotional methods to determine which ones are suitable for your business.

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