Power Retailing's Liquidation Strategies

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    The Prospector, a well-established store in Alaska used its overstocked inventory as the primary method for raising capital. Based on experience and knowledge, POWER Retailing™ conducted an analysis of the company's overall market potential. The main goal was to totally remodel the store and strengthen the company's financial position. The strategy called for a compelling plan to restructure and streamline its operational systems. Because the owners realized the magnitude of the job, they turned to POWER Retailing™ for expert advice and assistance. During the 11-week Promotional Event, the store generated over 1 Million Dollars... more than double the same period of its previous year. By developing the most profitable direction to take, store sales increased 262%. For the transition, this allowed the company to balance inventory, resolve debt, and successfully renovate and reopen with a modern, newly designed format .

    Located near Seattle Washington, Fashion West was a highly successful family-operated store. After 30 years of serving the community of Renton, Washington and faced with the explosive growth of mega-malls and superstores, the owners decided to retire and close the store. To improve their competitive position, POWER Retailing™ conducted an evaluation which included: location, years in business, amount of inventory, sales potential, merchandise mix, employees, vendors, mailing lists, demographics, and customer profile. By employing POWER Retailing's professional expertise, the main focus was to implement a strategic marketing system to target customers and attain the following outcomes: Generate more revenues Create higher profit margins Reduce or contain costs Increase productivity Recover maximum value of assets During the seven-week period, the Retirement Sale increased the store's sales volume by 274%. By applying a step-by-step approach, the advertising strategy enhanced customer awareness, created a heavy traffic flow, and generated $415,393 compared to $151,829 the same period of the year before. Because of the store's well-established location and reputation, the sales event produced a total increase of $263,564.

    Faye's of Montrose, an independently owned business located in Southern California had two well-known apparel stores. In the "old days" when traffic was flowing, customers used to stop and say what a wonderful store it was. But not anymore. Now, people who used to shop in the community take advantage of shopping at the giant discount retailers. After 50 years in doing business, the "main street" store was faced with slow sales and stagnant revenues, so the owner decided to sell the building and close the under-productive store. POWER Retailing™ was hired to implement a successful liquidation strategy. The primary tasks included: planning, preparation, target marketing, advertising, merchandising, employee issues, inventory controls, pricing procedures, and what methods to apply that will generate the highest possible customer response. Because of the store's visible location, long-standing reputation, and tremendous customer following, a wide range of promotional merchandise was purchased to maximize results, multiply profits, and add dollars to the bottom line. During the twelve week period, the Store Closing Sale generated $419,186 in total gross sales -- and generated 9 months worth of a normal year's business. Compared to the previous year, the store raised an additional $298,048 and produced a 346% increase in same month-to-month sales.

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    Power Retailing's Liquidation Strategies - Presentation Transcript

    1. Vision
    2. Courage
    3. Wisdom
    4. INTRODUCING: Retail Secrets to Achieve Financial Independence!
    5. How to Optimize All The Assets in Your Business through Store Closing and High Impact Events
            • Retail Consulting
            • Cash Flow Solutions
            • Marketing Strategies
            • Advertising Tools
            • Debt Resolution
            • Inventory Reduction
            • Store Liquidation
            • Marketing Support
    6. Providing Innovative Concepts, Ideas and Marketing Methods Shaping the Retail World Today!
            • Powerful Action-Based Solutions for:
            • Producing large cash flow
            • Generating higher sales and profits
            • Maximizing the net worth of your assets
            • Getting the results you have been looking for
    7. Cutting Edge Strategies To Quickly Get Top Dollars For Your Inventory!
            • Turn inventory and fixtures into 100% cash
            • Use proven advertising techniques
            • Discover overlooked opportunities
            • Optimize your bottom line profits
            • Find hidden assets in your business
            • Apply superior tools to improve your results
            • Increase the average sales transaction of customers
    8. What Our Special Skills and Knowledge Means To You…
      • Resolving your financial problems
      • Satisfying your creditors and store vendors
      • Getting the highest return on your inventory
      • Rewarding yourself for all your hard-earned dollars
      • Enjoying your interests and other activities again
      • Spending more time with your family and friends
      • Having Financial Independence
    9. The Ultimate Competitive Edge!
      • If your business is at a crossroads, either you can continue to struggle or you can make a successful switch in your life.
      • Ask yourself these questions:
      • Is your cash flow slow and sales volume declining?
      • Is your business having a hard time making a profit?
      • Do you have outstanding loans and excessive debt?
      • Is the job of running a business wearing you down?
    10. Winning Strategies To Get Results... The Prospector – Outdoor Clothing Store: Remodeling Sale Increased sales 262% compared to same period previous year.
    11. Powerful Tools To Multiply Sales... Fashion West – Apparel & Gift Store: Retirement Sale increased sales 274% and quickly achieved their goals.
    12. Timely Techniques To Boost Profits... Faye’s of Montrose – Department Store: Store Closing Sale Increased sales 346% selling inventory to the bare walls.
    13. Our Commitment And Pledge To You...
      • To serve you with integrity, competence and objectivity
      • To deal with problems and give well-balanced advice
      • To only accept work we are qualified to perform
      • To hold all information in the strictest confidence
      • Not make any misleading claims or promises
      • No games, gimmicks or hidden charges
      • 100% customer satisfaction Guarantee
    14. Successful People Rely on Our Years of Marketing Experience You’ve seen what POWER Retailing’s new innovative ideas and sure-fire approach has done for other businesses… Whatever the size of your business or the line of retailing, now let us show you what we can do for you.
    15. You Have Challenges, We Have Solutions… Whether you’re planning to downsize…close your store…or retire, we can simplify your life, multiply your sales and quickly convert your inventory and store fixtures into ready cash. To Write Your Own Ticket to Success, Call POWER Retailing Today 1-800-399-1980.
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