| Subject | Date Asked |
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| Need more info about POS | 10/28/2009 |
Q: I want to set up the Asian Grocery store near my town. I did some research about it, and it seems ...
A: POS is short for Point of Sale, and in this context refers to the 'computerized system' you have ...
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| costing right price | 9/26/2009 |
Q: Greetings! I just want to ask you a few question regarding my small boutique im selling cloths t ...
A: In my time as a Retail Consultant, questions around pricing strategies are the most common. And it ...
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| Retail Mark-up | 9/10/2009 |
Q: What is the average mark-up for retailers on an apparel item like Ties and cravats? Also where do I ...
A: Regarding the query regarding average mark-up. Mark-up is a very clumsy tool for retail pricing. I ...
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| Pricing strategy | 7/21/2009 |
Q: I have been leasing space at an antique mall for 6 months. I'm well aware of the reasoning behind ...
A: As a retailer, you see and perceive things in retail differently from most consumers. To answer ...
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| Pricing | 7/15/2009 |
Q: I have a new baked product and beautiful bags for marketing. my 1st ?, to come up with the price of ...
A: Sounds like you have a great opportunity in front of you. Getting your pricing right from the ...
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| advertising | 6/24/2009 |
Q: How much would it cost to advertise the opening of a fashion boutique?
A: Excellent question! I am in the process of opening a retail store at the moment, and the question ...
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| Information Management | 6/19/2009 |
Q: I am researching what business challenges Retail businesses face on a day-to-day basis in regards to ...
A: Interesting question. There are a few pain points that may be of interest to you. However, every ...
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| Retail mark up on Shoes | 6/12/2009 |
Q: Do you have any idea of what the general retail markup % is on a pair of golf shoes as well as a ...
A: Wholesale mark ups are very different, and the 'middle man' (wholesaler) cannot expect to make the ...
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| Best way to collect donations at retail store? | 5/16/2009 |
Q: Recently I designed some “in case of fire-save our pets” stickers that could be distributed to pet ...
A: Well done on your project! There are two ways I would recommend you go about this. You have a ...
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| Fashion retailing | 4/25/2009 |
Q: I m a Retail Operation Manager of a new Grand Boutique.The store space is around 600sqm, in a two ...
A: and thank you for the question. I am not sure statistics will be much help to you here, as every ...
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| Retail mark up on Shoes | 4/9/2009 |
Q: Do you have any idea of what the general retail markup % is on a pair of golf shoes as well as a ...
A: this is a great question, and on a topic I get asked by retailers all the time. Mark up between ...
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