TOP FIVE Best Practices For Retailers To Grow Buy Local Revenues

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As a retailer your daily key business issue is how to grow sales?

A retailer’s business life is leveraging the value of your store location and inventory. The path to doing so is sales. Sell more, make a profit. Sell less and your investments in product, place and promotion are re-defined as negative cash flow!

So the top question I get in one form or another from retailers is how to grow revenues?

CLICK HERE to see a chart that outlines the best practices for growing revenues.

The most obvious best practices are the ones good retailers know by heart:

  • Offer a quality product and service
  • Price your products so the customer sees it value
  • Provide a safe and clean place for a customer to shop.

But market research is now documenting the emergence of an environmental and social consciousness among consumers.

This emerging research offers two new best practices for growing revenues:

  1. Green Products
  2. Community Engagement

BUY LOCAL is my spin on what this research is saying as a retailing mega-trend. Consumers are looking for “in me, on me and around me” product and service solutions that contribute toward their well being and their community’s economic and environmental well being. Look no further than Walmart’s commitments to sourcing from local and green suppliers for an example on how to grow green revenues.

Bill Roth is the founder of Earth 2017 that focuses upon the emerging smart, healthy and green economy. His book, The Secret Green Sauce, profiles best practices of businesses making money going green.

About Bill Roth

Bill Roth is the founder of Earth 2017, author of The Secret Green Sauce and a nationally-followed contributor to Entrepreneur.com, Triple Pundit, The Green Economy Post and Media Post on best business practices emerging from the smart, healthy and green global economy. He coaches entrepreneurs, business and community leaders on how to grow revenues, profits and jobs by going smart and green.
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