SlideShare a Scribd company logo
1 of 2
Business Strategy
1) HR - The Foundation For Success
Seek out competent team players that have integrity, credibility, positiveattitude, passion, confidence and compassion;
Create a culture of respect to attract great people,and improve productivity; Understand that luxury begins within and
be a role model by having an authentic and truemanner; Build credibility through praise and mutual respect.
Recruit within the Galleria and local boutiques/stores; Shop stores that are going out of business; Network within own
customer database; Establish an Employee Referral Program; Utilize various recruiting websites and partner with
HR to maximize recruiting data; “Think outside the box” in identifying top talent, paying special attention to people
with strong contacts and/or are in the customer service, public relations or related field.
Consistently network with clients, colleagues, top sales associates and professionalassociations to proactively maintain
a database for futurepositions.
Define roles and establish parameters; Encourage teamwork; Set goals and address expectations/standards (attendance,
image standards, etc.); Develop a training program outlining policies, procedures and product knowledge.
2) Product Knowledge - Romancing The Product
Define luxury vs. snobbery (uncomfortable feeling); Identify the specific qualities of a good sales associate; Conduct
weekly CustomerService exercises (role playing) with focus on effective communication to engage theclient and how
to be a storyteller when conveying thelevel of respect that goes into each piece of merchandise.
.
Create a Daily Communication Log outlining the daily sales plan and tracking MTD/YTD business, new product,
ad campaigns, sales incentives and individual daily sales goals, KPI expectations and area responsibilities; Conduct
mandatory in-store (morning) meetings bi-monthly.
Designate each associate to be a “Brand Ambassador” over a particular area to routinely conduct product
knowledge seminars with focus on thehistory, inspirations, workmanship, and marketing campaigns.
GM to have consistent communication with corporate/buying and visual offices offices recapping business and
proposingnew business/marketing/floor plans.
3) Client Development - True Luxury Is Making People Feel Good
Management to “lead by example”by having a strong presence on the sales floor (75%) and establishing a credible and
authentic work ethic; Coach in the moment with feedback and/or constructivecriticism in to develop effective clientele
skills.
Stress quality service by offering beverages, gift wrapping walking clients to their car, comping valet and merchandise
delivery; Ensure all clients receive a follow-up “non-sales”phonecall and handwritten thank you note; Recognize any
client milestone (Birthday,Anniversary, etc.); Create a WISH LIST to encourage gift giving.
Set individual sales, KPI and client goals; Post progress weekly; Conduct monthly“CHECK IN’S” with each associate
to discuss the prior month’s business, address any concerns and formulate a plan of action to effectively meet goals.
Stress theimportance of cultivating loyal clients and maintaining and effective client book; Hold associates accounta-
ble
for capturing complete information and consistently monitor/audit database to ensure compliance.
Develop a Consignment /ApprovalProgram; Associates given a monthly approvalgoal (10% of monthly goal).
4) Marketing - Increase Brand Awareness With Focus On The Local Market
Create a demographic calendar siting important shoppingdates, events and conferences.
Develop a “Houston Report”to effectively keep thecorporate offices updated on trends and new developments
within theHouston market; Partner with marketing department and proposestoreactivities throughout the year.
Identify Houston’s top 10 “key players”(CEO’s, Fortune 500, Philanthropists, etc.) and extend a personal invitation
(with possible incentive); Reach out to both personal and professional contacts.
Partnerships with Simon Mall Marketing/ Director of Tourism, PaperCity, Modern Luxury, and Houstonia Magazine;
Cultivate relationships with Galleria area hotels and concierges; Build a referral business within theGalleria, Highland
Village, River Oaks and Memorial areas.
Participatein theWilliams Tower Program
Champagne and Chocolate on weekends (Saturday) and important dates throughout theyear.
Network and cultivate relationships with high profile philanthropicorganizations (see list below) to partner with for
in-store activities, off-site trunk shows, sponsorships and/or auction item donation:
Children’s Assessment Center Houston Grand Opera/ TUTS
Museumof Fine Art / Museumof Contemporary Art March of Dimes
I Am Waters Foundation Recipe For Success
The Latin Women’s Initiative Houston PetSet
Susan B. Koman Breast Cancer Trees of Hope
MD Anderson Texas Children’s Hospital/ Deck My Room Crime Stoppers

More Related Content

What's hot

Ted D Mosier Resume 02-12-2017
Ted D Mosier Resume  02-12-2017Ted D Mosier Resume  02-12-2017
Ted D Mosier Resume 02-12-2017Teddy Mosier
 
Sales promotion trade shows, events management and sponsorship
Sales promotion trade shows, events management and sponsorshipSales promotion trade shows, events management and sponsorship
Sales promotion trade shows, events management and sponsorshipscarletlodri
 
Referral-Based Practice
Referral-Based PracticeReferral-Based Practice
Referral-Based Practicemgsoltis
 
Marketing plan for social media
Marketing plan for social mediaMarketing plan for social media
Marketing plan for social mediaANUSHREE
 
Example CV 2
Example CV 2Example CV 2
Example CV 2Emma Ryan
 
How To Develop a Hotel Marketing Plan
How To Develop a Hotel Marketing PlanHow To Develop a Hotel Marketing Plan
How To Develop a Hotel Marketing PlanLakesia Wright
 
Resumé_Angela del Valle
Resumé_Angela del ValleResumé_Angela del Valle
Resumé_Angela del VallegeladelValle
 
KELLEY MILLER Resume
KELLEY MILLER Resume KELLEY MILLER Resume
KELLEY MILLER Resume Kelley Miller
 
2015 Jill Bartkowiak Resume
2015 Jill Bartkowiak Resume2015 Jill Bartkowiak Resume
2015 Jill Bartkowiak ResumeJill Bartkowiak
 
Mkt & sales strategy ppt, ike tandoh
Mkt & sales strategy  ppt, ike tandohMkt & sales strategy  ppt, ike tandoh
Mkt & sales strategy ppt, ike tandohike Tandoh
 
Marcee Chacun Resume
Marcee Chacun ResumeMarcee Chacun Resume
Marcee Chacun ResumeMarcee Chacun
 
Jenny Preece-Schomaker Resume
Jenny Preece-Schomaker ResumeJenny Preece-Schomaker Resume
Jenny Preece-Schomaker ResumeJenny Preece
 
James Lauren Schneider Resume
James Lauren Schneider ResumeJames Lauren Schneider Resume
James Lauren Schneider ResumeJamie Schneider
 
Go to market strategy by Certius Consultancy Iran
Go to market strategy by Certius Consultancy IranGo to market strategy by Certius Consultancy Iran
Go to market strategy by Certius Consultancy IranGerhard Barcus
 
Chris Bradford New Resume_v3_9-26-16
Chris Bradford New Resume_v3_9-26-16Chris Bradford New Resume_v3_9-26-16
Chris Bradford New Resume_v3_9-26-16Chris Bradford
 
Jordy Bellotto Resume 2015
Jordy Bellotto Resume 2015Jordy Bellotto Resume 2015
Jordy Bellotto Resume 2015Jordy Bellotto
 

What's hot (20)

Ted D Mosier Resume 02-12-2017
Ted D Mosier Resume  02-12-2017Ted D Mosier Resume  02-12-2017
Ted D Mosier Resume 02-12-2017
 
Sales promotion trade shows, events management and sponsorship
Sales promotion trade shows, events management and sponsorshipSales promotion trade shows, events management and sponsorship
Sales promotion trade shows, events management and sponsorship
 
Referral-Based Practice
Referral-Based PracticeReferral-Based Practice
Referral-Based Practice
 
Marketing plan for social media
Marketing plan for social mediaMarketing plan for social media
Marketing plan for social media
 
Example CV 2
Example CV 2Example CV 2
Example CV 2
 
How To Develop a Hotel Marketing Plan
How To Develop a Hotel Marketing PlanHow To Develop a Hotel Marketing Plan
How To Develop a Hotel Marketing Plan
 
Resumé_Angela del Valle
Resumé_Angela del ValleResumé_Angela del Valle
Resumé_Angela del Valle
 
KELLEY MILLER Resume
KELLEY MILLER Resume KELLEY MILLER Resume
KELLEY MILLER Resume
 
2015 Jill Bartkowiak Resume
2015 Jill Bartkowiak Resume2015 Jill Bartkowiak Resume
2015 Jill Bartkowiak Resume
 
Pascale Le Blanc Profile Via Youthopia
Pascale Le Blanc Profile Via YouthopiaPascale Le Blanc Profile Via Youthopia
Pascale Le Blanc Profile Via Youthopia
 
Restaurant & Hotel Branding
Restaurant & Hotel BrandingRestaurant & Hotel Branding
Restaurant & Hotel Branding
 
Sales plan
Sales planSales plan
Sales plan
 
Mkt & sales strategy ppt, ike tandoh
Mkt & sales strategy  ppt, ike tandohMkt & sales strategy  ppt, ike tandoh
Mkt & sales strategy ppt, ike tandoh
 
Marcee Chacun Resume
Marcee Chacun ResumeMarcee Chacun Resume
Marcee Chacun Resume
 
Jenny Preece-Schomaker Resume
Jenny Preece-Schomaker ResumeJenny Preece-Schomaker Resume
Jenny Preece-Schomaker Resume
 
James Lauren Schneider Resume
James Lauren Schneider ResumeJames Lauren Schneider Resume
James Lauren Schneider Resume
 
Go to market strategy by Certius Consultancy Iran
Go to market strategy by Certius Consultancy IranGo to market strategy by Certius Consultancy Iran
Go to market strategy by Certius Consultancy Iran
 
Chris Bradford New Resume_v3_9-26-16
Chris Bradford New Resume_v3_9-26-16Chris Bradford New Resume_v3_9-26-16
Chris Bradford New Resume_v3_9-26-16
 
Jordy Bellotto Resume 2015
Jordy Bellotto Resume 2015Jordy Bellotto Resume 2015
Jordy Bellotto Resume 2015
 
Karan Chopra
Karan ChopraKaran Chopra
Karan Chopra
 

Similar to Business Plan

How To Grow Your Business.docx
How To Grow Your Business.docxHow To Grow Your Business.docx
How To Grow Your Business.docxKDMSEO2
 
Strategies for Growing Your Small Business.pdf
Strategies for Growing Your Small Business.pdfStrategies for Growing Your Small Business.pdf
Strategies for Growing Your Small Business.pdfBusiness Tips
 
How to Create a Fashion Marketing Plan That Works 2.pptx
How to Create a Fashion Marketing Plan That Works 2.pptxHow to Create a Fashion Marketing Plan That Works 2.pptx
How to Create a Fashion Marketing Plan That Works 2.pptxForge Digital Marketing
 
2016 Heidi Doyle Resume O
2016 Heidi Doyle Resume O2016 Heidi Doyle Resume O
2016 Heidi Doyle Resume OHeidi Doyle
 
Creating a Business Plan
Creating a Business PlanCreating a Business Plan
Creating a Business PlanArnav Chowdhury
 
Marketing strategies for small businesses by Charles Odii
Marketing strategies for small businesses by Charles OdiiMarketing strategies for small businesses by Charles Odii
Marketing strategies for small businesses by Charles OdiiCharles Odii
 
Whitepaper franchise rep4-actioncoach
Whitepaper franchise rep4-actioncoachWhitepaper franchise rep4-actioncoach
Whitepaper franchise rep4-actioncoachThe Pathway Group
 
CMO Retail Solutions, LLC -- What We Do
CMO Retail Solutions, LLC -- What We DoCMO Retail Solutions, LLC -- What We Do
CMO Retail Solutions, LLC -- What We Dobkipp2500
 
Martha De Luna_resume_LN
Martha De Luna_resume_LNMartha De Luna_resume_LN
Martha De Luna_resume_LNMartha De Luna
 
Startup blogs.pdf
Startup blogs.pdfStartup blogs.pdf
Startup blogs.pdftaneeka258
 
Starting a Business Guide.pdf
Starting a Business Guide.pdfStarting a Business Guide.pdf
Starting a Business Guide.pdfTimi Karamo
 
Resume Gina Cullen 2.14.11
Resume Gina Cullen 2.14.11Resume Gina Cullen 2.14.11
Resume Gina Cullen 2.14.11ginacullen
 
Building a Successful Marketing Strategy for Startups
Building a Successful Marketing Strategy for StartupsBuilding a Successful Marketing Strategy for Startups
Building a Successful Marketing Strategy for Startupswilliamshakes1
 
Graham brian resume semafone
Graham brian resume semafoneGraham brian resume semafone
Graham brian resume semafoneBrian Graham
 
Senior Manager of Marketing
Senior Manager of MarketingSenior Manager of Marketing
Senior Manager of MarketingLinda Raney
 
Resume Marketing and Sales 12017
Resume Marketing and Sales 12017Resume Marketing and Sales 12017
Resume Marketing and Sales 12017Jeff Pederson
 
How Digital Marketing Professionals Can Increase Sales and Profits.docx
How Digital Marketing Professionals Can Increase Sales and Profits.docxHow Digital Marketing Professionals Can Increase Sales and Profits.docx
How Digital Marketing Professionals Can Increase Sales and Profits.docxSavv Digital
 

Similar to Business Plan (20)

How To Grow Your Business.docx
How To Grow Your Business.docxHow To Grow Your Business.docx
How To Grow Your Business.docx
 
Strategies for Growing Your Small Business.pdf
Strategies for Growing Your Small Business.pdfStrategies for Growing Your Small Business.pdf
Strategies for Growing Your Small Business.pdf
 
How to Create a Fashion Marketing Plan That Works 2.pptx
How to Create a Fashion Marketing Plan That Works 2.pptxHow to Create a Fashion Marketing Plan That Works 2.pptx
How to Create a Fashion Marketing Plan That Works 2.pptx
 
2016 Heidi Doyle Resume O
2016 Heidi Doyle Resume O2016 Heidi Doyle Resume O
2016 Heidi Doyle Resume O
 
Creating a Business Plan
Creating a Business PlanCreating a Business Plan
Creating a Business Plan
 
Marketing strategies for small businesses by Charles Odii
Marketing strategies for small businesses by Charles OdiiMarketing strategies for small businesses by Charles Odii
Marketing strategies for small businesses by Charles Odii
 
Whitepaper franchise rep4-actioncoach
Whitepaper franchise rep4-actioncoachWhitepaper franchise rep4-actioncoach
Whitepaper franchise rep4-actioncoach
 
CMO Retail Solutions, LLC -- What We Do
CMO Retail Solutions, LLC -- What We DoCMO Retail Solutions, LLC -- What We Do
CMO Retail Solutions, LLC -- What We Do
 
Martha De Luna_resume_LN
Martha De Luna_resume_LNMartha De Luna_resume_LN
Martha De Luna_resume_LN
 
184181.pdf
184181.pdf184181.pdf
184181.pdf
 
Isabella's Resume
Isabella's ResumeIsabella's Resume
Isabella's Resume
 
Startup blogs.pdf
Startup blogs.pdfStartup blogs.pdf
Startup blogs.pdf
 
Starting a Business Guide.pdf
Starting a Business Guide.pdfStarting a Business Guide.pdf
Starting a Business Guide.pdf
 
Resume Gina Cullen 2.14.11
Resume Gina Cullen 2.14.11Resume Gina Cullen 2.14.11
Resume Gina Cullen 2.14.11
 
Building a Successful Marketing Strategy for Startups
Building a Successful Marketing Strategy for StartupsBuilding a Successful Marketing Strategy for Startups
Building a Successful Marketing Strategy for Startups
 
Graham brian resume semafone
Graham brian resume semafoneGraham brian resume semafone
Graham brian resume semafone
 
Senior Manager of Marketing
Senior Manager of MarketingSenior Manager of Marketing
Senior Manager of Marketing
 
Resume Marketing and Sales 12017
Resume Marketing and Sales 12017Resume Marketing and Sales 12017
Resume Marketing and Sales 12017
 
Katie2016resume
Katie2016resumeKatie2016resume
Katie2016resume
 
How Digital Marketing Professionals Can Increase Sales and Profits.docx
How Digital Marketing Professionals Can Increase Sales and Profits.docxHow Digital Marketing Professionals Can Increase Sales and Profits.docx
How Digital Marketing Professionals Can Increase Sales and Profits.docx
 

Business Plan

  • 1. Business Strategy 1) HR - The Foundation For Success Seek out competent team players that have integrity, credibility, positiveattitude, passion, confidence and compassion; Create a culture of respect to attract great people,and improve productivity; Understand that luxury begins within and be a role model by having an authentic and truemanner; Build credibility through praise and mutual respect. Recruit within the Galleria and local boutiques/stores; Shop stores that are going out of business; Network within own customer database; Establish an Employee Referral Program; Utilize various recruiting websites and partner with HR to maximize recruiting data; “Think outside the box” in identifying top talent, paying special attention to people with strong contacts and/or are in the customer service, public relations or related field. Consistently network with clients, colleagues, top sales associates and professionalassociations to proactively maintain a database for futurepositions. Define roles and establish parameters; Encourage teamwork; Set goals and address expectations/standards (attendance, image standards, etc.); Develop a training program outlining policies, procedures and product knowledge. 2) Product Knowledge - Romancing The Product Define luxury vs. snobbery (uncomfortable feeling); Identify the specific qualities of a good sales associate; Conduct weekly CustomerService exercises (role playing) with focus on effective communication to engage theclient and how to be a storyteller when conveying thelevel of respect that goes into each piece of merchandise. . Create a Daily Communication Log outlining the daily sales plan and tracking MTD/YTD business, new product, ad campaigns, sales incentives and individual daily sales goals, KPI expectations and area responsibilities; Conduct mandatory in-store (morning) meetings bi-monthly. Designate each associate to be a “Brand Ambassador” over a particular area to routinely conduct product knowledge seminars with focus on thehistory, inspirations, workmanship, and marketing campaigns. GM to have consistent communication with corporate/buying and visual offices offices recapping business and proposingnew business/marketing/floor plans. 3) Client Development - True Luxury Is Making People Feel Good Management to “lead by example”by having a strong presence on the sales floor (75%) and establishing a credible and authentic work ethic; Coach in the moment with feedback and/or constructivecriticism in to develop effective clientele skills. Stress quality service by offering beverages, gift wrapping walking clients to their car, comping valet and merchandise delivery; Ensure all clients receive a follow-up “non-sales”phonecall and handwritten thank you note; Recognize any client milestone (Birthday,Anniversary, etc.); Create a WISH LIST to encourage gift giving. Set individual sales, KPI and client goals; Post progress weekly; Conduct monthly“CHECK IN’S” with each associate to discuss the prior month’s business, address any concerns and formulate a plan of action to effectively meet goals. Stress theimportance of cultivating loyal clients and maintaining and effective client book; Hold associates accounta- ble for capturing complete information and consistently monitor/audit database to ensure compliance. Develop a Consignment /ApprovalProgram; Associates given a monthly approvalgoal (10% of monthly goal). 4) Marketing - Increase Brand Awareness With Focus On The Local Market
  • 2. Create a demographic calendar siting important shoppingdates, events and conferences. Develop a “Houston Report”to effectively keep thecorporate offices updated on trends and new developments within theHouston market; Partner with marketing department and proposestoreactivities throughout the year. Identify Houston’s top 10 “key players”(CEO’s, Fortune 500, Philanthropists, etc.) and extend a personal invitation (with possible incentive); Reach out to both personal and professional contacts. Partnerships with Simon Mall Marketing/ Director of Tourism, PaperCity, Modern Luxury, and Houstonia Magazine; Cultivate relationships with Galleria area hotels and concierges; Build a referral business within theGalleria, Highland Village, River Oaks and Memorial areas. Participatein theWilliams Tower Program Champagne and Chocolate on weekends (Saturday) and important dates throughout theyear. Network and cultivate relationships with high profile philanthropicorganizations (see list below) to partner with for in-store activities, off-site trunk shows, sponsorships and/or auction item donation: Children’s Assessment Center Houston Grand Opera/ TUTS Museumof Fine Art / Museumof Contemporary Art March of Dimes I Am Waters Foundation Recipe For Success The Latin Women’s Initiative Houston PetSet Susan B. Koman Breast Cancer Trees of Hope MD Anderson Texas Children’s Hospital/ Deck My Room Crime Stoppers