Connect the Dots
To discern growth opportunities, link merchandise results to circulation results
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Phil Minix
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This reporting and analysis is a little more complicated, because you want to look at customer behavior over time. Look back at least a year at one-time buyers and the items they purchased. You may notice the same items showing up repeatedly.
What percentage of that merchandise was sold to one-time purchasers? If it’s more than 50 percent, consider dropping the item from your assortment. Even when the percentage was lower than 50, if the item attracted a large number of one-time buyers, consider if it really fits into your overall assortment and enhances your brand.
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Phil Minix
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