hungry for gold

13
How our team is going to achieve our sales goals for the month of April Delivered to General Manager Jeff Lipman HUNGRY FOR GOLD

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Page 1: Hungry for gold

How our team is going to achieve our sales goals for the month of April

Delivered to General Manager Jeff Lipman

HUNGRY FOR GOLD

Page 2: Hungry for gold

TABLE OF CONTENTS

• Executive Summary

• Introduction

• The Opportunity

• Benefits and Risks of Strategic Solution

• Final Recommendation

• References

Page 3: Hungry for gold

The Art of shavingPart retail part barber shop

The 4 Elements of the Perfect Shave, Hand-crafted razors, Grooming tools, Skin care, Hair care, Colognes

We are on a journey to be and be recognized as the best selling organization in specialty retail, bar none.

I am a Shaving Consultant

Page 4: Hungry for gold

EXECUTIVE SUMMARY• . Our challenge and goal for this month is how we can use these resources along with our

professional team-building communication skills to achieve Gold sales for the month of April.

• Benefits and Risks of our strategic options

• Networking allows us to receive new traffic

• Promotions allow us to close sales

• The Five Non-Negotiables help us to maximize sales that wear well

• However,

• Networking is only an assumption

• Promotions can cause confusion

• Trends in beards and facial hair are showing a decline in shaving

• Recommendation-

• The Five Non-Negotiables have been proven to work and are the values which have helped us achieve the level of success we have today.

Page 5: Hungry for gold

INTRODUCTION• Black/Red/Gold

• Gold all year

• Bonus checks

• At the end of March a memo was sent out from corporate stating that every employee needed to use their rollover vacation hours from last year by the end of April or they would expire

• This report does the following:

• Describes the opportunities and challenges for the month of April

• Weighs the risks and benefits of the strategic options available

• Highlights the Five Non-Negotiables strategy

• Explains how we can use the strategy as a team to overcome the obstacles

Page 6: Hungry for gold

THE OPPORTUNITY• All employees are taking a week of vacation this month

• This will pose as a challenge

• We are also switching barbers

• My store has been gold in sales three months in a row, meaning achieving sales ten percent above last year and fifteen percent above that.

• We are hungry for the fourth month. In order to thrive this month we will need to function as a cohesive, well-oiled machine.

• “The store is gold, which means that we have a successful trend. To do that it took all four elements of the spa and retail front (three salespeople and one barber), all reaching personal goals to achieve one store goal…

• Challenges for this upcoming month will be to maintain that level of success” (J. Lipman, personal communication, April 8, 2014).

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AUDIENCE ANALYSIS• The decision makers who will be interested in

my report are :

• Pedro Mejia – District Manager

• Jeffrey Lipman – General Manager

Page 8: Hungry for gold

KEY SUCCESS FACTORS/STRATEGIC SOLUTION• Easter

• Fathers Day

• Promotions

• The Five Non Negotiables

• The Non-Negotiables are as follows:

• Acknowledge every customer with eye contact and a genuine smile

• Communicate The Perfect Shave brand promise while engaging with every customer

• Provide a token of the brand to every customer interaction

• Suggest a logical add-on with every customer

• Introduce the Brotherhood of Shaving to all customer interactions

• (TAOS, 2012)

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BENEFITS• Greeting clients when they enter the store creates a warm and inviting atmosphere

• The Brand Promise is “an innovative path to help men enhance their shaving experience. Each step is expertly crafted to achieve optimal shaving results, while transforming the shave from a chore to a prized part of the morning ritual” (TAOS, 2012)

• Brochures and tokens are memorable

• The Barber spa not only attracts new clients to our store, but it gives them a chance to demo the products and leads to more sales

• By enrolling clients into the Brotherhood of Shaving, you increase the chances of that client making a purchase in the future

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RISKS• When greeting clients into the store, it is important not to seem too eager. It is best to

give them 10-20 seconds to soak in the atmosphere, then politely greet and approach them

• It is imperative that you do not include redundant information because you do not want to bore or annoy the client

• For example, if the client is a repeat customer and is familiar with the product, it is not necessary to repeat the brand promise

• If it is a repeat client or a regular to the barber spa it is not always necessary to provide a token of the brand

• Clients are sometimes hesitant to provide personal information for example an email address

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FINAL RECOMMENDATIONS• Greet the client without seeming eager

• Create a warm and inviting environment

• Transition topics

• Samples and barber pamphlets are great tokens

• Suggesting add-ons should be done in a way which is genuine and caring so as not to seem pushy

• When introducing the Brotherhood of Shaving, convey the message that it is more than an email list. It is a membership, and it is valuable to our clients because it provides helpful tips about shaving and promotional offers

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REFERENCES SUBJECT TO CHANGE

• The Art of Shaving Corporation. No Date. Employee Handbook.

• The Art of Shaving. (2012). Gold Standard Selling Process.

• (J. Lipman, personal communication, April 8, 2014).

• (J. Vogelsang, phone interview, March 21, 2014.)

• Malka, E. Zaoui, M. (2002). The Art of Shaving. Clarkson Potter Publishers. New York.