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RETAIL SALES TRAINING

  1. RETAIL SALES TRAINING FOR FLOOR EXECUTIVES
  2. INDRANIL BHADURI buyindranil@gmail.com
  3. STORE PERFORMANCE DOWN!!!!! Not Making Enough Profits? Unhappy With Too Much Merchandise? Distressed About Lack Of Customers? Well…. What Are You Doing About It?
  4. Retail Quiz 1.Do you like to sell?......Y/N 2.Do you like to buy?.......Y/N 3.Do you like to interact with people?.....Y/N
  5. Retail Quiz 4.Do you mind scarifying your time for incoming customer?.....Y/N 5.Do you know little accounting?.....Y/N 6.Do you like to rearrange merchandise to make it more appealing to buy?....Y/N
  6. MAJOR INDIAN RETAILERS
  7. THE BRAIN or THE HEART
  8. What will you learn? • New ways to analyze Store Performance!! • Basic terminologies of Retail Management and operations!! • Proven and practical ways of increasing sales!! • How to use personality types and body language to your advantage!! • Career opportunities inside Retail Industry!!
  9. cut off a piece The word retail is, in fact, derived from the French word retailer, which means to cut off a piece or to break bulk.
  10. Retailing Includes all the activities involved in selling goods or services directly to the final customers for personal or business use
  11. Retail Store Any business enterprise whose sales volume comes primarily from retailing
  12. Retailing Any organisation selling to the final consumer is retailing whether they are • A Manufacturer • A whole saler • A Retailer
  13. 5 Minutes HISTORY OF Retail After 2nd world war retail industry started to grow in U.S.A. Retail is the largest private industry in the world with total sales $6.6 trillion.
  14. INDIA • Birth 80‘s retail outlets and supermarket • 1995 liberalization
  15. INDIA In India retail is the second largest sector after agriculture. It provides employment to 8 % of the total Work force of the country.
  16. INDIA • India has the largest retail density in the world • 12 million retail outlet for a population of over a 1000 million • India rank 5th among the 30 emerging retail market in developing countries
  17. TYPES OF RETAILER
  18. RETAILING FORMATS IN INDIA • MALLS • SPECIALITY STORES • DISCOUNT STORE • DEPARTMENT STORE • HYPERMARTS/SUPERMARKETS • CONVENIENCE STORE • MBO
  19. RETAIL SECTOR OVERVIEW IN INDIA
  20. FUTURE OF RETAIL IN INDIA ―Every month we are opening up to 12 stores and the number till today ,has actually gone up to 239 and our overall turnover is Rs 600 crore.‖ T.K. Salim ,founder ― Margin Free,‖ a Kerala –based groceries and discount store
  21. TRENDS
  22. RETAIL CAREER CHART
  23. ―Thought to ponder‖ Foreign Systems In ―Indian Context‖ – Do They Work??
  24. Sundar Pan Sundar Gan Annapurna Bhandar
  25. Get the Basics Right…….. • Retailing is a hard business • The floor staff stands on its feet for up to nine hours every day. • The job of the salesperson on the floor is physically exacting and emotionally draining
  26. MALL OPERATION SCHEDULE • Mall Timing : 9 AM –9 PM 12 hrs • Cleaning Time : 6 AM-9AM • Diesel Delivery : 7AM-9AM • Escalator/Lift Repair : 11 PM-7 AM • Garbage Disposal : 7 AM-8AM • Electrical Breakdown : 24/7 • AC Maintenance Work : 7AM-10 AM • Plumbing Work : 11 PM -7 AM
  27. 100 TIMES BEFORE SLEEP ―PROMOTE YOUR STORE‖S NAME ,NOT THE NAME OF THE MANUFACTURER‖
  28. RESPECT THE FLOORS Astute Retailers Will Walk The Floors Every Day. In A Customer Service-oriented Retail Outlet, The Supervisory Staff, Managers, Directors Or The Chairman Of The Company Will Walk The Floors.
  29. Table Shelve Cube 4 way rack T stand
  30. Round Rack Rail Rack Showcase Waterfall Straight arm
  31. HOW TO SEGMENT YOUR STORE?......GRID
  32. RACK: TAIL OF AN ARROW
  33. Floor Treatment
  34. Wall treatment
  35. Ceiling..
  36. ……….Waiting Area
  37. Effective Listening
  38. 14 Characteristics of Effective Listening
  39. NUTS AND BOLTS 20 words to make you sound smart as retail executive
  40. NUTS AND BOLTS 1.Anchor Store 2.Back Stock 3. Basic Stock(flex Area) 4. Back Traffic Communications 5. Customer Relationship Management (CRM)
  41. NUTS AND BOLTS 6.Facings or Fronting 7.Market Basket Analytics 8.Next Best Offer (NBO) 9.Point of Purchase (POP)/POS 10.Radio Frequency Identification (RFID)
  42. NUTS AND BOLTS 11.Remote Maintenance Unit (RMU) 12.Retail Line of Trade 13.Runway 14.Season Codes 15.SIC Codes
  43. NUTS AND BOLTS 16.Spinner Rack 17.Sphere of Influence 18.Stock-Keeping Unit (SKU) 19.Store Designs 20.Universal Product Code (UPC) Bar Code
  44. MBTI
  45. PERSONALITY TEST
  46. JUNG SQARE
  47. DISC
  48. SELF ANALYSIS CHART
  49. 9 PERSONALITY TYPES
  50. Confused?
  51. 4 PERSONALITY TYPE…..EASY???? • Drivers • Analytical • Expressive • Amiable
  52. 4 PERSONALITY TYPE
  53. THE GLASS IS HALF FULL
  54. CUSTOMER TYPE Non Customers(will Never Or Rarely Buy From U) Prospective Customers(could Buy From You) Near Customers Customers
  55. ENTERTAINMENT BUYER THE NEWEST AND FASTEST GROWING CATEGORY OF BUYERS
  56. IMPORTANT SIGHT SOUND TOUCH SMELL TASTE
  57. HOW TO LOSE A CUSTOMER? STORE PERSON ON PHONE WHEN ASSISTANCE NEEDED STAFFS - DIRTY / SMELLY INCONVENIENT STORE ARRAGEMENT ―STORE DON‘T HAVE WHAT I WANTED‖ NO PRODUCT KNOWLEDGE WAITING IN A LONG LINE
  58. HOW TO LOSE A CUSTOMER?...Con ADVERTISED MERCHADISE NOT ON STOCK IGNORED BY SALES EXECUTIVE SALES PEOPLE ( PUSHY) NO ONE AT THE CASH COUNTER
  59. EXERCISE:REALITY CHECK! DURATION :1 HOUR Monitor the people coming in and those who purchased. Make a mark on a piece of paper for every person who comes in. For a family of five- 5 marks. After an hour, note your conversion rate FORMULA:(the number of sales you made in an hour ) // the number of customers who came in
  60. !!Accept it!! Talent and skill are scarce. It is sensible to hold quality staff, always. Arrogance proclaims, 'There are a billion Indians; we can always find another salesman'. Sense states: 'You may find another candidate, but not a good salesman'.
  61. THE FUNCTION OF RETAIL SALES EXECUTIVE TODAY, AND EVEN TOMORROW, IS "RESALE "NOT SELLING! In other words ..Your function is helping the retailer (and the wholesaler, too) to move his company's inventory
  62. 60‖ Selling Course Did you see this?(No pressure Closing Technique) • It‘s a great opening line • It‘s a great transitional line • It‘s a great closing line Repeat 3 times • Did you see this? Did you see this? Did you see this?
  63. SELLING VS NOT SELLING Customer walks in………………………. ………………. Employee: 'How are you today? Looking for anything special?‘‘ Customer : ‗‗No,‘‘ and looks around alone. After awhile, he asks the employee, ‗‗Do you have this ?‘‘ Employee: ‗‗I do, right over here.‘‘ Customer: ‗‗I‘ll take it.‘‘ This is not selling
  64. FOX AND THE GRAPES PROJECT
  65. True selling is going after the whole tree, not just picking what you can reach without effort
  66. TOOLS FOR MEASURING SALES • ATS: Average Ticket size • UTS: Units per transaction ~The higher the number ,The Stronger the sales person
  67. 8 WEEKLY REPORTS 1. AVERAGE CHECK—the value of each customer that day. 2. NUMBER OF TRANSACTIONS (also called customer count)— the number of total sales tickets that were generated each day. 3. WEEKLY SALES BY CATEGORY—your top and bottom five categories to help establish buying trends. 4. WEEKLY SALES BY SALESPERSON—how much each employee contributes to sales per week.
  68. 8 WEEKLY REPORTS 5. YEAR-OVER-YEAR BY WEEK—how you are doing compared to the same week of the previous year. 6. YEAR-OVER-YEAR TO DATE—a running total of your year-over year sales to help you see the bigger trends in sales. 7. NUMBER OF UNITS PER TRANSACTION—how well your crew can up sell. 8. NUMBER OF VOIDS—will alert you to a thief among your sales staff.
  69. PLO: This rule is simple and sad 4 percent of all customer who visits your store belongs to….. P:Pushy L :Loud O:Obnoxious You will never please them! They wont buy from you!!
  70. UNCOVERING TIPS AND TRICKS OF THE TRADE More than 40 percent customer who enters into any retail store ACTUALLY BUY SOMETHING
  71. THE FIVE PARTS TO A SALE
  72. PART I:THE GREETING • WORDS • SPEED • ATTITUDE • Expressive • Amiable
  73. PART II:WINDOWS OF CONTACT When you walk down your street at night and notice your neighbors‘ windows are open, what do you do?
  74. PART II:WINDOWS OF CONTACT Expressive Amiable
  75. Part III:Your Question Amiable Analytical Driver Expressive
  76. PART IV: FEATURES AND BENEFIT Driver Analytical
  77. PART V:CLOSING WITH AN ADD ON Driver Analytical Analytical Will The Customer Buy It Or Not?
  78. AFTER SALES MANAGEMENT • What do customers want? • What do Sales person want? • What does the rest of business want? • Where do customers go if they don‘t come back to you?
  79. THE WORST QUESTIONS AND RESPONSE ‗‗HOW ARE YOU TODAY?‘‘ ‗‗CAN I HELP YOU FIND ANYTHING?‘‘ ‗‗NO PROBLEM‘‘
  80. ROLE PLAY Try To Greet Someone Without Asking, Team 1:‗‗How Are You Today?‘‘ Team 2:‗‗Can I Help You?‘‘ Team 3:‗‗Anything Else?‘‘
  81. PAIN MANAGEMENT
  82. LEG PAIN MANAGEMENT
  83. DIRTY LITTLE TRICK OF RETAIL SALES You Must Shop At Least Once A Month!! You Must Shop In Other Store To See What Other Business Is Doing!!
  84. Body language
  85. Body language
  86. Body language
  87. STEP 1:PAY ATTENTION TO HOW CLOSE SOMEONE IS TO YOU
  88. STEP 2:WATCH THEIR HEAD POSITION
  89. STEP 2:WATCH THEIR HEAD POSITION
  90. STEP3:LOOK INTO THEIR EYES
  91. STEP:4 SEE IF THEY'RE MIRRORING YOU.
  92. STEP 5:CHECK THEIR ARMS.
  93. STEP 5:CHECK THEIR ARMS.
  94. STEP6:BE AWARE OF NERVOUS GESTURES
  95. STEP 7:WATCH THEIR FEET
  96. WARNING!!! • Do not judge a person solely by their body language. • Don't isolate yourself by constantly examining body language when interacting with people. Otherwise, there is no reason to gain a social upper hand anyway. This is paralysis by analysis • Do not spend too much time looking at and analyzing the other person's body language. Try to look at their face while you are talking to them
  97. TIPS ONE Observing in CONTEXT is key to understanding body language. TWO Keep in mind that each person has their own unique body language called BASELINE BEHAVIORS THREE Pay special attention to CHANGES in body language rather than the body language itself.
  98. SOURCE HTTP://WWW.WIKIHOW.COM/READ-BODY-LANGUAGE
  99. THEORY VS PRACTICAL HOW CAN YOU APPLY KNOWLEDGE OF BODY LANGUAGE IN RETAIL SCENARIO?
  100. Personal Grooming
  101. Fundamental Hygiene Factors can make or break a sale
  102. LOOKS DO MATTER Retailing is about the staff wearing clean, ironed uniforms. It is about shaving daily Using the right type and the right amount of deodorant it is about bright eyes and warm smiles
  103. It is about Polished shoes No straps showing through the uniform No hairy armpits
  104. shaving Shoes?
  105. Nails Arm pit
  106. Deodorant Shirt
  107. Fundamental Hygiene Factors can make or break a sale
  108. Careers in Indian Retail
  109. INDRANIL BHADURI buyindranil@gmail.com
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