The Edge Retail Academy, the leading retail jewelry business advising company, announced it will offer individual modules of its business consulting services to provide strategies and guidance for the most popular areas of opportunities retail jewelers face.
“We recommend the full time on all needed areas at one time,” said David Brown, ERA President. “These a la carte programs enable a retailer to focus on tackling its most urgent challenge to the business.”
Business Solution topics include:
· Financial Strategies:
o Create a Sales Plan for the Store and Sales Team
o Produce a Cash Flow Worksheet and a Break-Even Analysis
o Develop strategies for a Savings Account and Slush Fund
· Inventory Management:
o Identify Optimum Inventory Level (OIL)
o Create an Aged Inventory Analysis with Strategies and a Fast Sellers Reordering Plan
o Develop a Vendor and Category Assessment along with Memo Strategies
o Offer Collaboration Ideas with Best Vendors
· Staff Performance:
o Assess Your Team, including Caliper Assessments, then Distinguish Who’s the Right Fit and Who’s Not
o Provide a Cost Performance Analysis for Your Sales Associates
o Identify Strengths and Opportunities for Growth
o Suggest Specific Training Topics for Increased Performance
“I was so pleased when The Edge Retail Academy came out with an updated menu of services in its Business Academy program,” said Dan Levinson, Ellis Jewelers. “It gives retailers strong flexibility in selecting where to focus.”
Interested retailers should contact Becka Johnson Kibby at [email protected]
About Edge Retail Academy
Edge Retail Academy is the leading provider of jewelry business advisory services combined with real-time data to improve the sales and profitability for the jewelry industry. It offers products to both jewelers and jewelry vendors including the largest grouping of aggregated retailer sales and inventory data in the industry. For more information, please visit www.edgeretailacademy.com.
