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DRIVE THE BUSINESS PROJECT:
MARKET BASKET
Presented By: Vivek Mistry
Date: October 11, 2016
• Introduction
• Project Goal
• Why This Metric?
• Action Plan
• Awareness
• Coaching
• Expected Hurdles
• Results
AGENDA
2
• To create an impactful selling culture by attaching key add-
ons to major items to drive sales
• Drive all market basket categories above the company’s
Target Attach % into the green
Market Basket Weekly Goals
• Check report on weekly basis
• Turn two market baskets from red to green per week and
maintain
• By end of tenure, turn eight market baskets from red to
green
3
PROJECT GOAL:
• Increase sales and profitability
• Strong focus on these categories in the company
• Create a selling culture in the store
• Enhance customer relationships
4
WHY MARKET BASKET?
5
STORE 1015 MARKET BASKET
0
10
20
30
40
50
60
70
Week 28 PTD
Targets
Attachment Rate
1. Communicate the big picture, benefits, and how it
contributes to the team/store
2. Emphasize market basket report and numbers during
morning meetings/one on one
3. Utilizing the sales price and value
4. Displays, and Two-Tier Bin Strategies
5. Influence team to buy in, practice leadership needed as
sales manager
6
AWARENESS
1. GAME FACE Observations
2. Role Playing
3. Celebrate Wins
4. Hold Leads accountable
7
COACHING
• Not using GAME FACE Selling
• Lack of product knowledge
• Satisfaction with main
product sale
• Late Adopters
• Customer Reaction
• Overly Aggressive/Pushy
• Task oriented
8
ASSOCIATE
ROADBLOCKS
CUSTOMER
ROADBLOCKS
• Lack of Interest
• Cost
• Unnecessary and unneeded
product
• In a hurry
9
GREEN CATEGORIES PER WEEK
• I did reach my goal from Weeks 29-33, but during Week 34
and 35 I did not
• Adjustments were made
10
RED TO GREEN WB
11
TOP CATEGORIES 7 WEEK PERIOD
• Number 1 in the district 4 weeks running.
12
PERIOD TO DATE
• Week 31 Market Basket categories changed
• Bows & Crossbows and Outerwear Accessories were added
in place of Rods & Reels and Boats
• Shoes Accessories is added to Athletic Footwear category
• A chance to start fresh
13
ADJUSTMENTS
• My overall goal of meeting 8 total market basket for PTD
was not met.
• Only 5 total market baskets were green
• Major Challenges
• Guns
• Footwear
• Outerwear
• Adjustments will continue to be made
14
RESULTS
• Lodge Lead Key Holder – Chaz
• Team Sports Lead – Ryan G
• Footwear Lead – Kym
• Apparel Lead - Kaila
• FFL – Raymond
• Golf Associates
15
HAND-OFF PLAN
• What did I take away overall?
• You can make an impact on the selling culture in the
store and change it
• Key Items must be present
• Go above and beyond helping the customer and they
will respond
• What did I learn about the business and being a manager?
• Why the company relies on add-on sales
• Change in culture in places like FW
• Changing associates from tasking to selling
16
LESSONS LEARNED
THANK YOU
17

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Drive the Business project

  • 1. DRIVE THE BUSINESS PROJECT: MARKET BASKET Presented By: Vivek Mistry Date: October 11, 2016
  • 2. • Introduction • Project Goal • Why This Metric? • Action Plan • Awareness • Coaching • Expected Hurdles • Results AGENDA 2
  • 3. • To create an impactful selling culture by attaching key add- ons to major items to drive sales • Drive all market basket categories above the company’s Target Attach % into the green Market Basket Weekly Goals • Check report on weekly basis • Turn two market baskets from red to green per week and maintain • By end of tenure, turn eight market baskets from red to green 3 PROJECT GOAL:
  • 4. • Increase sales and profitability • Strong focus on these categories in the company • Create a selling culture in the store • Enhance customer relationships 4 WHY MARKET BASKET?
  • 5. 5 STORE 1015 MARKET BASKET 0 10 20 30 40 50 60 70 Week 28 PTD Targets Attachment Rate
  • 6. 1. Communicate the big picture, benefits, and how it contributes to the team/store 2. Emphasize market basket report and numbers during morning meetings/one on one 3. Utilizing the sales price and value 4. Displays, and Two-Tier Bin Strategies 5. Influence team to buy in, practice leadership needed as sales manager 6 AWARENESS
  • 7. 1. GAME FACE Observations 2. Role Playing 3. Celebrate Wins 4. Hold Leads accountable 7 COACHING
  • 8. • Not using GAME FACE Selling • Lack of product knowledge • Satisfaction with main product sale • Late Adopters • Customer Reaction • Overly Aggressive/Pushy • Task oriented 8 ASSOCIATE ROADBLOCKS CUSTOMER ROADBLOCKS • Lack of Interest • Cost • Unnecessary and unneeded product • In a hurry
  • 10. • I did reach my goal from Weeks 29-33, but during Week 34 and 35 I did not • Adjustments were made 10 RED TO GREEN WB
  • 11. 11 TOP CATEGORIES 7 WEEK PERIOD
  • 12. • Number 1 in the district 4 weeks running. 12 PERIOD TO DATE
  • 13. • Week 31 Market Basket categories changed • Bows & Crossbows and Outerwear Accessories were added in place of Rods & Reels and Boats • Shoes Accessories is added to Athletic Footwear category • A chance to start fresh 13 ADJUSTMENTS
  • 14. • My overall goal of meeting 8 total market basket for PTD was not met. • Only 5 total market baskets were green • Major Challenges • Guns • Footwear • Outerwear • Adjustments will continue to be made 14 RESULTS
  • 15. • Lodge Lead Key Holder – Chaz • Team Sports Lead – Ryan G • Footwear Lead – Kym • Apparel Lead - Kaila • FFL – Raymond • Golf Associates 15 HAND-OFF PLAN
  • 16. • What did I take away overall? • You can make an impact on the selling culture in the store and change it • Key Items must be present • Go above and beyond helping the customer and they will respond • What did I learn about the business and being a manager? • Why the company relies on add-on sales • Change in culture in places like FW • Changing associates from tasking to selling 16 LESSONS LEARNED

Editor's Notes

  1. Only two departments above target. For the week of 28, we met our target on insoles but were above on paddle accessories and pfds. At this time we were second to last in the district.