With an influx of communication channels, customer interactions, and online analytics, making sense of the key retail metrics at our fingertips can be challenging, especially for furniture and mattress stores. However, to expand market share, bring in more revenue, and improve the lifetime value of your customers, here are six
Key Performance Indicators
As a manager, you know that effectively managing your merchandising strategies is essential to driving home furnishings sales and profits. However, without meaningful metrics for measuring performance, it can be difficult to accurately gauge the success of various merchandising promotions or product lines. That’s why it is critical to use
What KPIs Can You Measure to Improve Profitability? Customers are facing tough choices these days when it comes to discretionary spending. It’s not necessarily bad news, however. Retailers now have opportunities to build loyalty and grow market share if they can quickly and efficiently adapt their brick-and-mortar and online business
Average Transaction Value (ATV) A sales key performance indicators (KPIs) used to measure the sales process’s effectiveness and the store’s team is Average Transaction Value (ATV) or Average Order Value (AOV) in eCommerce. With a talented and experienced sales team on the floor, businesses can unlock greater Average Transaction Values
You might also like
As a furniture or mattress store owner or manager, you know how crucial it is to stay on top of
We can all agree that coaching is critical to goal achievement and professional development. Yet, when I ask sales managers
STAND OUT BY WINNING: Innovation, Personalization, and Trustworthiness. In today’s fast-paced furniture market, where retailers continuously evolve to engage with
The world is consumer-driven and constantly changing. Enticing customers to your furniture store with traditional marketing methods (or even online)
In the home furnishings industry, setting effective sales goals and targes is critical for driving growth, maintaining a competitive edge,
More From The HFA
In-Store Merchandising That Drives Consumer Behavior Explore how impactful in-store merchandising can influence consumer behavior and drive sales. Our expert panelists will discuss proven techniques
Merchandising Strategies to Elevate Your Online Store Discover cutting-edge merchandising strategies designed to drive sales to unlock the full potential of your online store. Merchandising