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Retailer Profitability Model - Impacting Profitability

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Retailers aim to drive up their operating profit. As you’ve learned, there are two ways to do that. One is to reduce expenses, and the other is to increase revenue. The smartest approach for a supplier is to focus on helping the retailer grow their revenue. This is done by either increasing traffic or increasing the average transaction size. To drive traffic, you need to either reach more shoppers, or get existing shoppers to visit more frequently. To increase transaction size, you need to get shoppers to buy more items, or you need to get them to buy more expensive items. It’s as simple as that. This course demonstrates the impact to operating profit when an increase in one of the four drivers of revenue occurs.

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Employee Training and Development online courses equip professionals with essential skills to enhance job performance, productivity, and career growth. These courses cover topics such as leadership, communication, teamwork, problem-solving, and technical skills relevant to various industries. Designed for flexibility, they allow employees to learn at their own pace through interactive modules, video lessons, and real-world case studies. Whether for onboarding, upskilling, or leadership development, these courses help organizations build a knowledgeable and efficient workforce.

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