2. Don’t try to fix everything at once. Analyze common problems across your retail stores, and see whether you can adopt better technologies to resolve inventory, store readiness or cleanliness issues. Once you know that a change moves the needle forward, you can tackle problems on a larger scale.
3. Scrutinize and shift your investments. Implementing automation software might seem like a costly endeavor, but automated management is an investment that can reduce costs and return higher profits when it’s properly implemented. Make sure every technology has a direct impact on sales. If you’re investing in analytics to give you insight but not technologies to help organize your workforce and measure execution, you might be wasting time and money.
Sam Bahreini is a serial entrepreneur and growth marketer, helping startups navigate from launch to scale.