3 Things that Matter Most to Customers

3 Things that Matter Most to Customers

  • Posted by Contributor
  • On November 30, 2022
  • Cutting Edge Products Magazine, Matter Most to Customers, Spotlight on Business, Wanda Lenoir
Independent retailers wear many different hats to maintain day-to-day operations and deal with factors dependent on the economy's health. The local hardware store or home center is a unique business niche that caters to a specific segment of customers. Many of these family-owned businesses have been in the exact location for generations. They continue to exist when others have failed because they understand what customers want and expect of them. • Sell quality products and services at a fair price that solves a problem or improves my home. • Hire great employees who share information and knowledge to help me complete projects with confidence • Make shopping enjoyable and convenient—get me out the door quickly.
Read More
Costs Up and Sales Down? Take Steps to Increase Profit Margins

Costs Up and Sales Down? Take Steps to Increase Profit Margins

  • Posted by Contributor
  • On November 2, 2022
  • Cutting Edge Products Magazine, Motivate Employees, Spotlight on Business, Wanda Lenoir
Some retail operations face an uphill battle to generate sales this holiday season. Yet, there may be better options than taking drastic measures to increase profit margins. When confronted with spiraling costs due to high inflation, retailers may opt to lay off loyal employees or give the store away by offering shoppers exorbitant discounts. There are ways to deal with rising costs and declining sales that can improve operations and provide long-term benefits.
Read More
6 Ways to Motivate Employees Beyond Pay and Benefits

6 Ways to Motivate Employees Beyond Pay and Benefits

  • Posted by Wanda Lenoir
  • On October 19, 2022
  • Cutting Edge Products Magazine, Motivate Employees, Spotlight on Business, Wanda Lenoir
Home improvement retailers know the people they employ are critical to the success of their business. However, it can be an ongoing challenge to hire and retain employees who share your vision, are consistently productive, and display a positive attitude. Yet, it's possible. Some hardware stores experience little turnover and have maintained a top-notch staff for years
Read More
Positive Ways Leaders Can Help Employees Manage and Accept Change

Positive Ways Leaders Can Help Employees Manage and Accept Change

  • Posted by Wanda Lenoir
  • On October 6, 2022
  • Cutting Edge Products Magazine, Holiday Planning, Spotlight on Business, Wanda Lenoir
When will things get back to normal? The reality is life will never be the same as it was ten years ago, two years ago or even yesterday. While change typically happens at a slower pace than it has during the pandemic—it is a constant occurrence that requires us to adjust our behavior and think differently.
Read More
Get Started! 4 Tips to Plan Holiday Promotions that Work

Get Started! 4 Tips to Plan Holiday Promotions that Work

  • Posted by Wanda Lenoir
  • On September 20, 2022
  • Cutting Edge Products Magazine, Holiday Planning, Spotlight on Business, Wanda Lenoir
So, are you getting your store ready for the holidays? It may seem a bit early, but September is the best month to start planning the promotions your business will need to bring in holiday shoppers. The retail environment is unpredictable for major big box retailers regarding excess inventory and supply chain issues.
Read More
Transform the Future of your business with Better Technology

Transform the Future of your business with Better Technology

  • Posted by Wanda Lenoir
  • On September 19, 2022
  • Cutting Edge Products Magazine, Spotlight on Business
Owners often believe that incorporating new technical solutions into their organizations comes with a hefty price tag that outweighs any potential benefits. In reality, failing to upgrade limits the company’s potential growth and gives competitors a distinct advantage that increases over time. Start by focusing on technological advancements
Read More
Understanding What Motivates Female Shoppers to Buy

Understanding What Motivates Female Shoppers to Buy

  • Posted by Wanda Lenoir
  • On September 19, 2022
  • Cutting Edge Products Magazine, Spotlight on Business
Female shoppers have tremendous buying power and often influence the purchasing decisions of other family members. Independent retailers who analyze this group’s shopping and spending behavior will understand their motivation and can develop an effective strategy that targets these shoppers.
Read More
Treating Pets like Family Causes Sales of Pet Health & Wellness Products to Soar

Treating Pets like Family Causes Sales of Pet Health & Wellness Products to Soar

  • Posted by Wanda Lenoir
  • On September 7, 2022
  • Cutting Edge Products Magazine, Spotlight on Business
Pet owners also want to purchase products for their pets that help keep indoor spaces clean and odor-free. The purchase of health and wellness products by pet owners has caused sales to surge due to the “Premiumization” and “Humanization” trends that are transforming all facets of this booming industry.
Read More
Build a Healthy Housewares Niche to Drive Sales

Build a Healthy Housewares Niche to Drive Sales

  • Posted by Wanda Lenoir
  • On August 24, 2022
  • Cutting Edge Products Magazine, Industry News
Retail sales revenue from those categories, compared to 2019, has continued to grow by double-digits. This growth indicates that health and wellness is an enduring pandemic trend, which could provide opportunities for consumer spending.
Read More
Use Point-of-Purchase Displays to Generate Sales for Your Business

Use Point-of-Purchase Displays to Generate Sales for Your Business

  • Posted by Wanda Lenoir
  • On August 11, 2022
  • Cutting Edge Products Magazine, Industry News
When products are displayed in an organized fashion, it drives sales and promotes a positive reflection of the brand. Smaller retailers face stiff competition from big-box retailers such as Home Depot and Walmart, so connecting with customers is vital.
Read More

End of content

No more pages to load