The Retail Vantage
  January 2012
Retailpro
In This Issue
Hot or Not: Sales and Marketing Trends in 2012
Tech Tips
Maximize post-holiday sales
Follow Advanced Retail Management Systems on Facebook
Referral Rewards
Customers insist on service
 
 
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Hot or Not: Sales and Marketing Trends in 2012


 
By Barry Moltz

  

The techniques that are effective to keep and get new customers continues to radically change. In 2012, they will evolve even more. Here is what's going to be hot (and what's not) in the year to come.

 

Hot or Not

 

1. Direct Selling

  • Not: It used to be that every sales effort started from picking up the phone to "cold call" an industry list. This is no longer effective (partially since no one ever answers their phone!) Besides being a waste of time, the fear of rejection makes this scary to actually do.
  • Hot: We are in the referral economy as John Jantsch frequently discusses. A company can automatically get put in the "maybe" pile for the a sale when a connector or past customer refers that business to another prospect. Don't be afraid to always ask for a referral or reference. Satisfied customers almost always are happy to give them.

2. Deal-a-Day Websites

  • Not: Offering coupons alone through Groupon, Living Social and other daily deal mechanism is not effective long term. This may get an immediate cash flow bump for your business, but it kills the gross margin or may even may make this particular transaction unprofitable.
  • Hot: When these daily offers are used to attract new customers and then retain a lifetime value relationship, they can be worthwhile. Businesses are now turning to companies like Mob Manager that help follow up daily deal purchases with multiple emails that build a future relationship.

Continue Reading: http://smallbiztrends.com/2011/12/sales-and-marketing-trends-2012.html
 
 

Source: Small Business Trends

 

 

Tech Tips

Tech Tips

Maintenance Tip: Regular File Reconstruction and maintenance

It is recommended that you make automated file reconstruction a routine part of your Retail Pro database management.

File reconstruction can be performed automatically using the Retail Pro Scheduler. (Refer to Retail Pro Tool Supplement #8: The Scheduler.) You can schedule reconstruction of individual files or a group of files specified by a file list. You can create an unlimited number of file lists, each one including different files and each one scheduled to be run at a different time.

Another recommended strategy for routine file maintenance is to periodically test all files and reconstruct those in which the program found errors. This is easily accomplished by selecting all files (or using a file list) and processing them in Test Data Only mode. Afterwards, only those files in which the program found errors will remain in the Selected Files list. Change the mode to Full Reconstruct and select Start to reprocess those remaining files.


 

Maximize post-holiday sales with search and social media
  

By Fiona Swerdlow


Online consumers have been shopping up a storm this holiday season, which is certainly cause for online retailers to rejoice. As the Google Retail Blog pointed out this week, however, retailers need to make sure they're not "turning off the lights" next week for customers who are ready to spend their gift cards, return and exchange those not quite perfect gifts, take advantage of sales, and perhaps simply treat themselves.


So, if you thought that consumers might be ready to take a break from all that online shopping of late, history would indicate - likely not. For the week between December 27, 2010, and January 2, 2011, comScore calculated that online retail sales in the U.S. topped $2 billion. This year, Google expects the holiday 2011 shopping momentum to continue right on through the second week of January. And this isn't just a U.S. phenomenon - IMRG in the U.K. is forecasting that U.K. online consumers will spend a tidy GBP186.4 million on Christmas Day this year, followed by another GBP367.8 million on December 26 (and that's almost double from the same day last year). It stands to reason, then, that if anyone thought we were in for a little breather, in fact we all need to proverbially buckle up, as the ride's not over yet. A few tips based on this research:


Continue to invest in search for the next several weeks.

Google last year found that searches for "sales" and "returns" peaked on December 26 in both 2008 and 2009. With Christmas falling on a Sunday this year, December 26 this year is a public holiday, so it's a fair bet that customers will be heading into stores and online.


Christmas Day is a golden day for social media.

On Christmas Day 2009, Experian Hitwise found that Facebook edged out the main Google page for "most visited site" (unlike the other 364 days of 2009). Similarly, last year IMRG found that, in the U.K., "...Facebook received more site visits than Google as people logged on to wish their friends Merry Christmas."

Continue Reading: http://blog.shop.org/2011/12/22/maximize-post-holiday-sales-with-search-and-social-media/ 
 

Source: blog.shop.org

 

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on Facebook
  
facebookKeep up with latest happenings in Retail and your particular POS\Inventory Control software by becoming a fan of Advanced Retail Management Systems (ARMS) on Facebook!   Video Clips from the ARMS staff with Tech Tips and other helpful information coming soon!

By being a fan of ARMS, you will receive information about your software including special "web only" tips & tricks that won't be given elsewhere. You'll be among the first to learn about new release and features, training opportunities, and links to interesting information on the web. Connect with the ARMS staff and our customers!

To become a fan of ARMS on Facebook, click here.
Advanced Retail Management Systems
Referral Rewards
  
$100 for You and $100 for the Retailer You Refer!


ARMS Referral ProgramHere's how it works:

1.   Let us know the name and contact information for another retail company that is looking for a POS system and receive a $100 Visa Gift card that can be used anywhere Visa debit cards are accepted.

 

2.   Once the referred retailer participates in a 1 hour web presentation for CounterPoint, Retail Pro or Microsoft RMS they will also receive a $100 Visa Gift Card.

 

 

Contact us today with your referral. Call Susie Carmen at (800) 305-0461 Ext 357 or e-mail her at susie.carmen@armsys.com.  Visit our website to register your referral at www.armsys.com  

 

Customers insist on service from retailers

  
By JOYCE SMITH

 

KANSAS CITY, Mo. -- It's not only the Grinch who stole Christmas.

Some grouchy salesclerks do, too.

 

Shopping is now at its peak, and holiday sales can account for up to 40 percent of a retailer's annual revenue. But just when stores need to put on their best customer service show - to not only get sales now but get customers to come back next year - they may have the hardest time keeping their standards high or even acceptable. Overworked employees, some just seasonal or poorly trained, can blow the bottom line.

 

A study this year by American Express found that nearly 80 percent of Americans have ditched intended purchases because of poor customer service experiences. But on the flip side, consumers said they would spend an average of 13 percent more with companies that provided excellent service.

 

"The holidays might be the only time you get that customer in the store. You have to leverage that one-time encounter," said Richard Shapiro, founder and president of the Center for Client Retention in New Jersey, which does research on customer satisfaction. "It's important to engage them. You can't lose those people. Business is too hard to get."

 

Customer service checklists can includes well-trained and pleasant workers, relaxed return policies, extended hours during the holidays, free gift wrapping and shipping, and perks such as valet parking - with some services more costly to implement than others.

 

Continue Reading: http://www.macon.com/2011/12/22/1834762/customers-insist-on-service-from.html

 

Source: Macon.com

 

 
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