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Profit or market share? Which to focus on first!
There is a chicken and egg type conundrum NMRs - nano and micro retailers - face and that is whether to focus on profit or market share first.This Nanocast™ looks gives a couple of pros and cons for each to aid in your decision making.
If you like these Nanocasts™ subscribe to be notified when a new episode is published and don’t forget to share with others.
Terminology
NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs.
Merchandise Planner - Listen here to find out what merchandise planning is.
Book
The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.
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By SloppySuccess #makeastartThere is a chicken and egg type conundrum NMRs - nano and micro retailers - face and that is whether to focus on profit or market share first.This Nanocast™ looks gives a couple of pros and cons for each to aid in your decision making.
If you like these Nanocasts™ subscribe to be notified when a new episode is published and don’t forget to share with others.
Terminology
NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs.
Merchandise Planner - Listen here to find out what merchandise planning is.
Book
The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.