Tips| Tactics | Insights from The Retail Owners Institute® • RetailOwner.com
Friday, July 14, 2017

From The Co-Founders

"I want to do it myself!"

Now more than ever, The Retail Owners Institute is helping retailers worldwide "Do it myself!"

Since May of this year, two specialty sites have been added to The Retail Owners Institute. Maybe you've noticed.

Both sites provide online do-it-yourself calculators. If you don't like what these show you about the future, you can make immediate adjustments. What power! From very basic to advanced, inventory management how-to training and great "Just do it!" calculators.
  • Great for Buyers, aspiring buyers, or when you need to focus on controlling inventory.
"There is no better or faster way for retailers to guide and monitor inventory control."

The Retailer's PROFITS Center

Whether you're just starting up, an established "small retailer", or growing and expanding, you'll need profits! 

The PROFITS Center at SmallBizRetailer.com makes the financial know-how needed for profitabilty readily accessible to any retailer, anywhere.
  • And, it includes calculators that help you see for yourself, in advance, whether or not there are any profits in store for you.
"For store managers, regional managers and Owners to sharpen retail PROFIT-ABILITY."

Meanwhile, be watching as The ROI becomes even more focused on helping Owners meet the demands of your "Owners Job". ("The most over-looked and under-performed job in retailing.")

Our goal remains: Empower retailers to "Do it myself!"
We are well aware that these are troubling times for retailers.

These specialty websites we've announced above have been developed thanks to input from people like you. 

Please keep that input coming!

Monthly Retail Sales Trends

By Retail Sector

Time for some perspective 

Amidst all the doom-and-gloom talk of the "Retail Armegeddon",  turns out that 9 of the 12 industry sectors (that would be 75%, right?) reported sales increases in June compared to June 2016.
 
So, go here on The ROI site for some perspective. How do your sales compare to Last Year? And to others in your retail sector?

Available Now: Webinar of the WEEK

 

Nine Steps to a Stronger Business
The step-by-step recipe for more peace of mind!

Friday, July 14 – Thursday, July 20

There are 3 kinds of retailers:
  1. Those who make things happen
  2. Those who watch things happen
  3. Those who say, "Um, what happened?!" 
Why are those who are in the first group - the retailers who make things happen - able to be so purposeful? Where does their confidence come from?
  • Their ability to look ahead.
  • To preview the outcome.
  • To understand, in advance, "What would happen if I...?"  
Pat Johnson and Dick Outcalt, Co-Founders of The Retail Owners Institute, have developed a clear, step-by-step process to accomplish all that, specifically for busy retailers.

We call this powerful projecting approach, ahem, The Nine Stepper.  

Pat and Dick share this process in this week's TOPICAL TUESDAYS Webinar of the Week.
  • And, they show how every retailer can do this on your own, online, using The ROI's Key Ratios Calculator and the PROFITS Forecaster/Trend Tracker (also available at the Retailer's PROFITS Center.)
Once you see this cause-effect, interactive process, you, too, can be empowered.
 

Retail Business Insights

Meanwhile, the Show Must Go On!
Every day, when your store opens, like when the curtain goes up on a live stage show, you're in "The Theater of Retailing!"

And every day the audience is cheering and applauding...or not.
  • Your store MUST be entertaining, interesting or engaging to keep what The ROI calls,
    "The WOW Effect!" 
One more reason to keep the FUN in retailing!
 
Go here. See what The ROI is tweeting about.

What is The Retail Owners Institute?
Empowering!


The ROI, as it is known, is now the foremost self-help financial management resource for retailers and store owners.

Thousands of retailers come to The ROI each month to take advantage of The ROI's practical how-to info and unique, easy-to-use tools.

Use The ROI for your own stores. Make better business decisions, faster.

See in advance, for yourself, on your own: "What  would happen if I...?" 
Since 1999, enabling retailers worldwide to
"Turn on Your Financial Headlights!"

 

Questions or comments
for The ROI?
Let us know!

6 Key Ratios for Retailers
Five-Year Trend Charts
55 Retail/Restaurant Segments
Free KEY RATIOS Calculator 
Why Not Share
The ROI NEWS?!

 
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