THE retail industry has been doing it tough since the Global Financial Crisis hit in October 2008. Lincolns has followed the trends and assessed the pathways required to rebuild the retail sector. The days of opening the doors at 8.30am in the hope that customers will walk in to buy your product are gone. Today’s successful retailer is offering to a wider customer base, selling 24/7, utilising digital marketing and offering a fabulous retail experience.
If this is not you, Lincolns can introduce you to these concepts and platforms, benchmarking your business against others in the industry, helping you to adjust where necessary. We explain the power of profit margins, discounts, volume-selling and expense management.