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OPERATIONS

Finding Some Quick Wins

Put These Ideas to Work for Fast Returns

You can hone in on big business

development opportunities in marketing

and advertising, merchandising and sales,

and finding and retaining good employees.

To do so, try implementing some—or all—

of these ideas now to keep the traffic up

throughout the year.

Marketing and Advertising

Get Social

If you don’t already have a presence

on social media, you’re missing out on a

big advertising opportunity. Social media

doesn’t need to take up a lot of your time,

but your presence should be regular and

consistent. Assign a specific person who can

professionally manage your social media

accounts and promote seasonal sales and

events. Stay on top of guest comments and

engage with them, especially concerning

negative feedback.

Neighborly Greetings

When a person changes their address

with the U.S. Postal Service, they receive

discounts for big-box stores in their change

of address confirmation packet. Be sure

your store gets to these newcomers, too, as

well as established homeowners in the area.

Include coupons in community mailers to

remind them your store is prepared to help

with any home improvement project.

Friends & Family

Several times throughout the year, some

retail stores promote a Friends & Family

sale, which is when all shoppers receive

the employee discount on their purchases.

Spring is a great time of year to create this

sense of community at your store. Bill your

spring cleaning or summer prep sale as a

friends and family event, or, throughout the

season, mark an item or a department on

sale at the employee discount rate.

Merchandising and Sales

Everything Must Go

DIYers are creating with just about

everything these days, so make it easy

for them to find everything they need at

your store. A recent shabby-chic trend

is to build furniture out of used pallets.

W

ith spring just

around the

corner,

the home

improvement busy season

is fast approaching.

36

Spring 2017 •

Hardlines

Strategies