Even if it’s not a core part of your duties, there’s going to be a time when every retail store manager is going to have to actively drive sales. We actually have a few resources you can use to read up on some retail sales tips:
Make a point of everyone examining shipments for what’s new. Make employees try on, handle, or use new merchandise,” the Retail Doc states. Inventory management and operational tasks fall on your shoulders. If you don’t have experience in these areas, it’s a good idea to study up and learn your role in retail ops as a store manager.
As a store manager, you play a key role in hiring those individuals, and making sure that they are the right fit. Set clear expectations for the role during the vetting process, and ask candidates hypothetical questions to give you a sense of how they’d work under pressure and typical but challenging circumstances in the store.
One of a store manager’s most important roles is coordinating and encouraging retail staff. This is especially important considering employee turnover rates in the retail industry — one of the top five verticals with the highest turnover, according to the Bureau of Labor Statistics.
Retail store managers have a ton of responsibility — and it’s because you play a valuable role in the business’s overall success. You also wear A LOT of hats. There’s sales associate, customer service representative, manager, mentor, boss, disciplinarian, website editor, social media manager … you get the picture.
Leadership and management. One key difference between being a retail sales associate and a manager is the added responsibility of being in charge. And if you’re transitioning from sales to management, you’ll want to pick up a few extra skills to help you lead more effectively.
As a retail store manager, there are many loss prevention steps you can take to mitigate shrinkage. Physical counts: Maintain a regular cycle counting practice. A cycle count, or physical count, is when you count a portion of your inventory to estimate your overall stock on hand.
Retail operations. Inventory management and operational tasks fall on your shoulders. If you don’t have experience in these areas, it’s a good idea to study up and learn your role in retail ops as a store manager. “Retail store managers need to serve customers and make sure they’re supporting their sales personnel.