Author Archive

09
Dec

Video Interviewing: A Model For Hiring

It doesn’t have to be Black Friday for this scenario: a long line at the counter, busy sales staff ringing up customers, and a job seeker walks up. The seeker could be your next star employee, but chances are that the customers are the priority so the seeker doesn’t get much attention.

In the highly service-oriented business of retail, is that acceptable?

JobOn is one company with an idea on how technology can improve this. It combines job listings with the ability for candidates to apply by video. Seekers get a free account, answer a few common interview questions, and send the recorded responses to the retailers and other employers on the site, www.JobOn.com. Employers view the videos, see the enthusiasm and other traits they want in applicants, then invite them in for a face-to-face meeting. It won’t completely solve the problem of mixing seekers and customers during busy times, however it does introduce a better way to hire.

Think of it as a cross between craigslist and YouTube.

Most candidates look the same on their application. Name, address, telephone, and maybe a little work experience. Going through applications – even those sent from the web – is painful because it’s hard to distinguish applicants. Add scheduling of interviews, and then spending a certain amount of time with each one even though managers know quickly whether someone is a good match. Suddenly there are many hours invested in the process, and even then the result may be a “panic hire” that doesn’t last.

Through video, however, managers gain an edge: they view applicants’ videos during non-peak hours so they can spend more time scrutinizing them and making better hires. That’s the real genius of this approach: it reverses the traditional hiring process. With the recorded interview first, the face-to-face interview can be a mere formality. You wouldn’t be talking to this candidate if you didn’t already have a great feeling about him or her. And you can’t get that from a paper application at the beginning of the process.

JobOn charges nothing for job seekers, and retail employers pay a modest $25 a month to view videos of up to 25 applicants (the first 10 are free). The company has subscription pricing for “super users” needing more than that).

Technology has improved retail a great deal with barcode scanning, inventory management and other tools. It has now reached down to the hiring process, which has been so manual and inefficient for so long that many of us didn’t even know it needed attention. Now that we have a solution let’s put it to good use.

08
Dec

Wholesale and Retail Buying

Wholesale and retail purchasers are a part of an intricate system of production, distribution, and retailing. Both of them are worried about realizing and satisfying the vast number of consumer desires and needs. Most focus on obtaining a couple of lines of merchandise. Retail purchasers work with stores. They often could be split into two sorts. The very first, working directly within merchandise manager, not just purchases goods but directly supervises salesmen.

When something new seems in the shops, for instance, purchasers may go with salesmen to indicate its distinctive features. This kind of retail buyer thus takes responsibility for that products’ marketing. The 2nd kind of retail buyer is worried just with buying and it has no supervisory duties. These purchasers cooperate using the sales people to advertise maximum sales.

All retail purchasers must realize the fundamental retailing guidelines of the stores. Purchases are influenced by how big the buyer’s annual budget, the type of merchandise necessary for each purchasing season, and trends on the market. Success in purchasing is proportional towards the profit or loss proven by particular departments. Purchasers frequently use assistant purchasers, who spend much of time maintaining sales and inventory records.

All purchasers should be experts within the product which they purchase. They order goods several weeks in front of the expected purchase date, plus they must have the ability to predetermine marketability based on cost, style, and competitive products. Purchasers should also be familar with the very best causes of supply for every product they purchase.

Based upon the place, size, and kind of store, a retail buyer may deal directly with traveling salesmen (ordering from samples or catalogs), order by mail or on the phone from the maker or wholesaler / retailer, or visit key metropolitan areas to go to merchandise showrooms and manufacturing institutions. Most use a mix of these approaches.

Purchasing outings to such metropolitan areas as New You are able to, Chicago, and Bay Area are a significant part from the work with purchasers in a bigger store. For specialized items, for example glasses, china, liquors, and mitts, some purchasers make yearly outings to major European professional-duction centers. Sometimes producers of comparable products organize industry events to draw in numerous purchasers. Purchasing outings take time and effort: A buyer may visit 6 to 8 providers in one day. The customer must make choices around the place concerning the chance for lucrative purchase of merchandise. The key element isn’t just how much the customer personally likes the item but about customers’ taste. Most purchasers operate under a yearly buying plan for the departments they represent.

Mergers between stores and growth of individual shops into chains of stores have produced central purchasing positions. Central purchasers order in abnormally large amounts. Consequently, they’ve the energy to build up their very own group of specifications for the item and request producers to invest in the authority to provide it. Goods bought by central purchasers might be promoted underneath the manufacturer’s label (out of the box normally done) or purchased using the store’s label or perhaps a chain brand.

To satisfy this competition, independent stores frequently use resident purchasers, who purchase merchandise for a lot of stores. By buying large amounts of the identical product, resident purchasers can acquire exactly the same kinds of discount rates loved by large retailers, therefore creating savings for his or her clients.

Simply because they use public funds and should avoid any appearance of favoritism or corruption, government purchasers sometimes purchase merchandise through open bids. The customer may establish some specifications for any product and enable private firms to bid at work. Some government purchasers are needed to simply accept the cheapest bid. Each purchase should be well recorded for public scrutiny. Like other kinds of purchasers, government purchasers should be familar with the items they purchase, plus they must try to get the best quality items for that cheapest cost.

06
Dec

Motivational book Rare Confidence

I love reading motivation books by great authors including Anthony Robbins, and the late Jim Rohn. The most recent motivational book I read was by
David Shirey called Rare Confidence . It is a simple common sense approach to how to boost Self Confidence, and also how to maximize your full potential with confidence. Anyone who is lacking and need some simple guidance can enjoy reading this book and learn a thing or two on how to be positive and less negative towards life, money, jobs and many other things. If you are interested in the book, please visit RareConfidence.com now and check out the details below.




03
Dec

Retail Wholesale – A Brief Overview

If you have been looking around for business that will make tick and give you more money at the end, then you are in for a treat. Introducing retail wholesale! Yes, going into further details about this business will eventually make it much easier for you to understand what it is and perhaps check out how it works.

What is retail wholesale? Well, in simple terms, it is selling of products or merchandise to retailers. Basically, you will be the supplier of the goods that retail chains or stores will have to sell to the market. To give you a better idea, read on.

Say for instance, clothes manufacturer do make clothes for the public use. To cut off expenses what clothes manufacturer does is to sell the clothes in bulk to a distributor and that is you. You would be into retail wholesale. You will go out there negotiate with retail stores for clothes and check if whether they would want to buy clothes from you in bulk. When it’s wholesale, we are talking about huge orders. You can not simply sell one piece to a retailer; if you do you will end up loosing money in the end. Your capital will be stuck in the goods. There should be a faster turnover of goods so that you can get the money you have invested and use it to buy more clothes.

When you supply a retailer, what the retailer does is that it will be the one to get the clothes close right towards the end-user – the customers. Retailers will be the one who will sell clothes on a per piece basis and get profit from there.

As a retail wholesale company what you do is this. You get goods from the supplier or the manufacturer of the goods. You do get discount from them especially if you buy in bulk order. Then, you will negotiate with retail stores and try to give them an offer they can’t resist. Of course, you do need to remember as well that you do need to get profits from such transaction. Always put this to mind the faster you can sell off the goods, the faster the retailer pays you off for them, the faster you will be getting back your money plus profits.

If you are going to think of it, you are not basically manufacturing goods. What you are doing is get goods and put it in a warehouse and then send them off to retail stores. You are the middle person so to speak. You are the link between the manufacturer and the retailers.

27
Nov

Ready for a retail business?

The idea of owning your own retail business can be a heady thought and will change your entire lifestyle. Before you jump at the idea, come down out of the clouds and let’s analyze whether or not this is a decision you are ready to make.

Owning a retail business is a huge commitment and it’s just as important to ascertain whether or not your husband, wife or partner is as committed to supporting your efforts as you are. Clearly, if you own your own business rather than going to a job on a daily basis, it will be a different lifestyle and a larger commitment on your time. Time for your personal life will be reduced and this will affect relationships.
Going forward, start considering how much money you will have to raise to start your business. Do you have money set aside or will you need to take out a loan? Taking out a loan will generally require collateral. What about a location? Assuming your retail business is going to exist in a brick-and-mortar type of building, do you own one or will you have to pay rent?

These are just some of the considerations to owning a retail business. Let’s take a quick look at the pros and cons starting with the financial angle. While you will definitely have a chance to make more money than you could working for an employer you will also have to take a greater financial risk. Let’s be realistic – there is no real financial risk when you work for someone else.

Then there is the burden on your time, because as owner you will have to work longer hours and vacations may be few and far between in the beginning. While it might be nice to be the person in charge making decisions for your businesses’ success or failure, are you ready to be the person in charge of other people?

Owning your own retail business will allow you to implement your own ideas, be involved in every aspect of running the business and you’ll gain experience in the different jobs necessary for running a retail business, such as advertising and inventory tracking. This will most likely give you a lot of personal satisfaction but you will spend a lot of time learning all these details including dealing with difficult customers and firing employees.

Of course you’ll have pleasant customers that you’ll deal with too. Putting down roots in the business community creates a sense of belonging and permanence but in the beginning you may find that income is not very dependable and there may be times when you don’t have a lot of income coming in.

If you feel you’re able to deal with the bumps in the road and difficulties that will go with owning your own retail business then it just may be for you. Doing work you really enjoy, in an environment where you feel comfortable, while being able to build a retirement should provide a great feeling of well-being.

20
Nov

Growth of mobile payments in retail industry

Up until the last few years, the idea of mobile payments was mostly confined to science fiction stories. The idea of being able to purchase goods and services without taking out your wallet has become more common over the past several years, and recently several major retailers have started accepting mobile credit card processing as a means of payment.

The convenience of cell phone credit card processing makes it a growing trend for consumers everywhere. Essentially, a person wishing to pay for an item from a store can use his or her phone to make the payment instead of carrying several cards in their wallet. The exact method for this can vary. Some cell phones simply store credit card information on them, while others assign their customers an account that will accept charges. Either way makes it possible for a cashier to simply scan a phone-generated barcode in order to make a payment. The charges appear on the customer’s credit card bill or cell phone bill.

A common debate in the payments industry is over the security of cell phone payments. Some fear that hackers can easily gain access to a consumer’s personal information more easily than they would with a physical credit card. Many of the cell phones use RFID signals for payments and a hacker can develop an application to access these signals from a phone, gaining access to the account tied to the phone. These security concerns are a large reason why the cell phone payment movement hasn’t completely taken off. Still, it is rapidly growing for an industry still in its early stages.

One of the most talked about applications for this type of payment is vending machines and parking meters. Rather than have customers scrounge for change in order to make a purchase, mobile payments allow a customer to provide the exact amount necessary to make a purchase. In addition, the customer can get a receipt of his or her purchase.

Mobile payments are also becoming more popular among small retailers. In the past, many small businesses have not been set up to take credit card payments because of the cost of the equipment involved. In order for this equipment to work, it had to be tied to a local phone line. This made it impossible for businesses at remote locations such as craft shows and farmer’s markets to accept credit cards. With mobile payments, however, it is possible for these types of businesses to accept credit card payments.

Business owners are also able to accept payments in the field and other locations away from their businesses instantaneously with mobile credit card processing. Services such as plumbers, electricians, and landscapers can use mobile payments to accept credit cards from their clients at the time service is rendered, as opposed to collecting the information then waiting several days to run the charges.

The uses that businesses will find for mobile credit card processing have just begun. As the technology to complete these transactions becomes more popular, more businesses will start to use the technology themselves.

18
Nov

Retail Jobs – Let The Search Begins

Today, the country has not fully recovered from the recession. Thus, we do see often people who do not have any job, got laid off, or stop searching for jobs. This is quite evident as news has been prompting every now and then with regard to the country’s unemployment rate and on a per state basis. If you are one of the millions who do have no job at all, worry no more! There are still jobs available that do not need higher educational attainment or years of experience for a certain field. Although, these two might be a plus factor but not required. Why not you hunt for retail jobs? This is by far one of the easiest jobs you may ever find.

To give you an idea as to what are the different kinds of retail jobs, here they are: retail buyers, retail warehouse workers, retail merchandisers, retail store managers, retail stockers, and many more.

Now that you know what are some of the retail jobs that you might be interested in the next thing you need to know is where you may find job postings, read on.

The following are the places wherein you can search for retail jobs:

1. Newspaper (classifieds)

This is the usual place wherein you can see postings for retail jobs. All you have to do is go through to the classifieds section and start from there. The advantage of going through the newspaper is that you can get hold of postings locally. Therefore, it would be much easier for you to visit the store and hand in your resume or perhaps apply online.

2. Craigslist

Another famous place that you can hunt for retail sales and retail jobs would be Craigslist. You can go to the job sections or filter your search by keying in the words “retail jobs” on the box you can see on the left side. Wait for a few seconds and viola! You will have a list of retail job. You can do your search on per city or state. Thus, there is more likelihood you will see loads of jobs here.

3. Other online classifieds

If you think Craigslist is not enough and you are still hunting for retail jobs, and then might as well visit other online classifieds. There are loads of them. You will be surprised there is one that is made locally of where you reside and exclusive for people like you on a particular city or state.

4. Official websites of retail stores

Just in case you could not find more reliable retail jobs postings, you can very well visit the official websites of retail stores. You can see the “career” navigation tab, click that and see the available positions. Who knows you will find what you are looking for here. Further details about how to apply for a job will be posted right on the career section of the website.

So, what are you waiting for? Start hunting for retail jobs now!

01
Nov

Retail Business Advantage

Buyers and customers are changing their behavior and habits by the minute. This is the reason why the retail business model is the model of choice for the 21st century entrepreneur. Businesses need to respond quickly and accurately to customer behavior and preference. No other business model is more fitting than retail business. Why go retail business and not something else? Here are three simple reasons, why;

Flexibility. In a fast changing world you need to be as flexible as you can be. Only the retail business model provides you with this kind of flexibility. It is flexible in almost all its aspect. It is small pieces of everything in the business operation: retail business through retail sales supported by retail jobs. What a way to be flexible? You are flexible as you deal with your customers and potential customers, and you are flexible in terms of your manpower requirement, because you can have retail jobs as well. As the world flexes, you can flex with it.

Adaptability. The big outlets died because like the dinosaurs, they failed to adapt to the fast changing business environment. A key advantage of a retail business is adaptability. A retail business can easily adopt, because it makes use of retail sales and retail jobs. A retail business can change its window display immediately, minus the meetings and the protocol that big outlets have to engage in. A retail business can even change its items and merchandise overnight, as the need arises. This is something other business outlets are incapable of doing. Flexibility and adaptability, these are twin advantages of the retail business.

Acceptability. Acceptability is the financial element of the retail business. The retail business generating retail sales, operated by retail jobs always has an acceptable profit margin. While other business models and outlets may start in the red, you can have a small but acceptable profit margin even within weeks of operation. As the weeks drag on into months, your retail business with accumulated retail sales and pushed by retail jobs will start to show its true acceptability; big bucks for you.

You can use the power of the retail business advantage. If you decide to go retail business, always remember that you already have an edge over the others. You got flexibility. Those who do not flex will surely snap. You have adaptability. Those who do not adapt, go the way of the dinosaur and lastly, you got acceptability. Your profit margin is acceptable. A retail business is always good and excellent return for your labor.

20
Oct

Why retail business?

The retail business is becoming a global trend. Businesses located in Asia, the Americas, Europe and the African continent, have embraced the retail business model. The retail business model is such an ideal model for the fast changing business environment. The retail business gets its boost from retail sales that produce retail jobs. No wonder, many manufacturers have opened up exclusive retail outlets to sell their products. Many believe the retail business model has a high success rate because of the following;

Low Start-Up Cost. The primary hindrance of any business is the start up cost. If you want to start a business, you are usually apprehensive as you start computing your start up cost. The cost of starting a retail business is small, especially if you specialize in just a few but highly saleable items. The cost is small because everything is retail: retail sales as well as retail jobs.

Low Maintenance Cost. Operating and maintaining a start up business boils down to cost. A retail business has low maintenance cost. You can have retail jobs by having a small, part time staff. You can also operate at low inventory levels and replenish your stocks as the need arises. You can control all other costs as well, from utilities down to the store and office supplies. A retail business is not expensive to maintain, thanks to the retail jobs, that you can incorporate.

High Sales Potential. The most encouraging aspect of a retail business is its high sales potential. A high retail sales potential combined with a low maintenance cost equates to a high profit. You are always on the side of a high sales potential for the reason that you don’t keep a large inventory of everything. A retail business is high sales potential using retail sales and using retail jobs. You can easily make changes to the movements in customer preference.

The retail business is such an ideal outlet for any kind of product. People no longer buy things by bulk or by the dozen. Individuality and specific preferences, point that people buy retail and they go to the retail business stores. Never underestimate the power of retail sales. There is power in numbers. The number of individuals going to retail business outlets has quadrupled in the past decade. The retail business, that generates big money, gets it from retails sales and retail jobs. Go retail business; it is easy to start, you have low start-up cost, low maintenance cost and high sales potential.

15
Oct

Gap’s closing 189 stores in the US

Gap’s is no stranger to anyone, but the recession is hurt their bottom line. Enough to close down 189 stores in the coming month to off set their loss. Due to the fact they had to many stores to begin with, the recession didn’t help much as they profit margin is slowly dwindle. They came late in the jeans market, and now with morecompetition and slower economy, they will close more US stores, and open many stores in China and Italy. When I go to the Gap store , I always wonder about what to buy there, everything there is quite simple, there isn’t really another strong brand within Gap for me to look around for. Plus with some many Gap stores in this saturated retail market , it’s no shocker, as many other retailer’s might follow suit.

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