SloppySuccess-logo

SloppySuccess

Business & Economics Podcasts

SloppySuccess using retail concepts to #makeastart on business ideas and plans. We encourage nano and micro retailers to apply big retail thinking to their businesses, by taking retail concepts, terminology and processes and explaining them in a way that is easy to understand. SloppySuccess is about making a start, no matter how small a start it is. Some terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is.

Location:

United States

Description:

SloppySuccess using retail concepts to #makeastart on business ideas and plans. We encourage nano and micro retailers to apply big retail thinking to their businesses, by taking retail concepts, terminology and processes and explaining them in a way that is easy to understand. SloppySuccess is about making a start, no matter how small a start it is. Some terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is.

Language:

English


Episodes

Rate of sale

4/27/2021
Rate of sale is not a metric that is widely used. It is a metric that comes in handy when looking for another way to confirm results or make decisions. This Nanocast™ talks about using rate of sale and looks at a few of it’s advantages. If you like these Nanocasts™ subscribe to be notified when a new episode is published and don’t forget to share with others. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:02:59

What happens during and after a stocktake?

4/20/2021
We all know how to count, yet 2 people can count the same item and come up with 2 different figures. When this happens during a stocktake, do you know what to do? This Nanocast™ talks about what happens during and after a stocktake is done. If you like these Nanocasts™ subscribe to be notified when a new episode is published and don’t forget to share with others. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:02:32

Preparing for a stocktake

4/13/2021
Carrying out a stocktake is not a simple task and it takes a lot of preparation to make it happen. This Nanocast™ lists a few of the main tasks to do before the counting begins. If you like these Nanocasts™ subscribe to be notified when a new episode is published and don’t forget to share with others. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:02:42

What is a stocktake?

4/6/2021
The biggest asset of retailers is inventory. This Nanocast™ is about stocktakes and what it is as knowing how much inventory you have available is a very important part of running a retail business. If you like these Nanocasts™ subscribe to be notified when a new episode is published and don’t forget to share with others. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:03:17

Sales to stock calculation

3/30/2021
There are times when additional ways to look at sales performance is needed. This Nanocast™ is about a calculation I use infrequently to give me a view of performance from a different perspective. If you like these Nanocasts™ subscribe to be notified when a new episode is published and don’t forget to share with others. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:02:39

Profit or market share? Which to focus on first!

3/23/2021
There is a chicken and egg type conundrum NMRs - nano and micro retailers - face and that is whether to focus on profit or market share first.This Nanocast™ looks gives a couple of pros and cons for each to aid in your decision making. If you like these Nanocasts™ subscribe to be notified when a new episode is published and don’t forget to share with others. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:04:17

What determines market share?

3/16/2021
Of all the different methods that can be used to determine a retailers market share, which is the one that matters most. This Nanocast™ looks at a perceived and the actual method used to determine market share. If you like these Nanocasts™ subscribe to be notified when a new episode is published and don’t forget to share with others. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:02:13

Planning with unreliable data

3/9/2021
Using the previous years history to predict future sales and inventory need is the bedrock of any form of planning. What happens when the previous year's history isn’t reliable enough to be used? That is something I talk about in this Nanocast™. If you like these Nanocasts™ subscribe to be notified when a new episode is published and don’t forget to share with others. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:03:13

Sell through part deux!

3/2/2021
Highly seasonal products have a limited selling window. Having a plan in place before starting to sell these items is a way to not get left with large quantities of out of season products. This Nanacast™ talks about sell through and it’s benefits. If you like these Nanocasts™ subscribe to be notified when a new episode is published and don’t forget to share with others. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Retated Nanosode™ Listen to an earlier Nanosode™ on Sell through Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:03:21

Inventory carrying cost

2/23/2021
Buy low sell high is what retail is about. Sometimes buying low can end up costing you more than expected. This Nanocast™ asks a few questions to get you thinking about if it’s really worthwhile buying more inventory than you need right now just because it is heavily discounted. If you like these Nanocasts™ please subscribe to be notified when a new episode is published and share with others you know would like them. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:02:26

Inventory metrics to track

2/16/2021
Being able to capitalise on assets is one of the things that helps make a profit. In retail, inventory is the main asset used to make a profit. Being able to keep an eye on it is essential and there are a few simple metrics to use to do this, 3 of which are mentioned in this Nanacast™ If you like these Nanocasts™ please subscribe to be notified when a new episode is published and share with others you know would like them. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:02:31

Selling price changes

2/9/2021
There are reasons that a selling price might be changed. This Nanocast™ lists a few of these reasons and also gives 3 questions to ask before embarking on any change in a selling price. If you like these Nanocasts™ please subscribe to be notified when a new episode is published and share with others you know would like them. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:02:53

Managing inventory in units

2/2/2021
Valuing inventory in units isn’t for everyone, yet there are those that see it as essential to value inventory in units before giving it a monetary value. If you like these Nanocasts™ please subscribe to be notified when a new episode is published and share with others you know would like them. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:03:01

Managing inventory at retail

1/26/2021
Everyone has a preferred way to value inventory and valuing it at retail is one of them. This Nanocast™ looks at managing inventory at retail. If you like these Nanocasts™ please subscribe to be notified when a new episode is published and share with others you know would like them. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:02:38

Managing inventory at cost

1/19/2021
Everyone has a preferred way to value inventory and mine is at cost. This Nanocast™ looks at managing inventory at cost. If you like these Nanocasts™ please subscribe to be notified when a new episode is published and share with others you know would like them. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:02:02

Retail sales

1/12/2021
This Nanocast™ talks about the basics of retail sales. If you like these Nanocasts™ please subscribe to be notified when a new episode is published and share with others you know would like them. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:02:09

Product sales ranking - which metric is best?

1/5/2021
Description There are different ways to determine which product is a best seller and which isn’t. This Nanocast™ talks about which metric is best to use to determine which product is a best selling product. If you like these Nanocasts™ please subscribe to be notified when a new episode is published and share with others you know would like them. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:03:22

Markdowns

12/29/2020
Consumers like it, retailers would rather not do it. Reducing items at certain times of the year has been done since the early 20th century. The reasons for taking markdowns may have changed over time, however the feeling it gives retailers and consumers hasn’t. This Nanocast™ talks about markdowns and gives 3 reasons why items are marked down in price. If you like these Nanocasts™ please subscribe to be notified when a new episode is published and share with others you know would like them. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:02:30

Data Warehouse

12/22/2020
A data warehouse is a place to store data. With the huge amounts of information we store, data warehouses facilitate the ease at which we can recall the data we need in very little time. This Nanocast™ talks very briefly about data warehousing and gives an example of how it’s used in retail. Terminology NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is. Book The fundamentals of planning - a book on merchandise planning aimed at those wanting to understand what it is and how it fits into an organisation. Available to order on Amazon and in bookstores.

Duration:00:02:54

Augmented reality

12/15/2020
Is going into a store to physically going into a store to look, touch and feel items before buying going to go away? Maybe, then again maybe not. This Nanocast™ looks talks about augmented reality and gives 3 instances in which AR can be used effectively whilst shopping. NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs. Merchandise Planner - Listen here to find out what merchandise planning is.

Duration:00:01:47