Online Retailers – How to Compete
This week, let's take a look at our friend, Bob the Jeweler and how he can tackle competition from online store equivalents.
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Determining Non-traditional Competitors
Many business owners can confidently list their traditional competitors. But, it takes an experienced business owner to recognize the less obvious ones. In order to succeed, you need to know your enemies and that means ALL of them. By not understanding who your competitors truly are, you create a vulnerable blind spot that an unsuspecting competitor can act on.
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Get an edge with a strong staffing strategy - Retention
Last week we discussed recruiting and hiring best practises. You now know how to get employees but how do you keep them?
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Get an edge with a strong staffing strategy
Attracting and retaining great employees is not unlike the activity of attracting and retaining customers. Your ability to attract and recruit potential candidates, refine your hiring practices and how successful you are at retaining great employees can significantly impact your customers' experiences and hence, your sales.
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