It’s not too late to do this for your clothing store. You’ll have a better marketing plan in time for Spring and going forward. Take some time with your best Advertising Rep and analyze what sales promotions worked, what sales promotions didn’t, and what the sales promotion and marketing plans are for next year.
It is important to keep notes through the year and see what worked, what didn’t. If you didn’t do that last year, you can start now. Then you’ll roll out only the best, experiment with new sales promotions where there are openings (you can find some in this forum that are especially tailored to woman’s clothing stores).
Create an evaluation checklist.
Monthly Theme Sales Forecast Actuals Profit Comments
Jan
Feb
March
April
May
June
July
Aug
Sept
Oct
Nov
Dec
The peaks for a Woman’s Clothing and Ladies Wear Stores are the months of Sept through December where sales range from 8.9%-10.8% of annual sales and April through June where sales range from 8.8 – 9.6% of annual sales.
The valleys for this type of business are January through March where sales range from 5.8-7.1%. Source: Stats Canada Retail Trade Survey – 2008
[Via http://salespromotions.wordpress.com]
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