Why identifying your top-selling items and you can do with this information!
This is widely used by our clients in music shops but it can be used by any business.
Well, who knows what sells well today! It is all different than it was! With COVID-19, your experience now works against you.
What you need to do is look at today, see what worked, and try to figure out why it worked. We can help you with this, and it is easy to do in our point-of-sale system.
Go to Register reports
Now select "Top N Stock Sales for a Given Period"
Now in the form put in yesterday.
Now a report comes out that looks like this with your top sellers listed.
Now, these need to be reviewed to see what you did right here. Take your time.
Now the kicker in retail is a top seller today will often be a good seller tomorrow. Studies show that a top seller today will sell about 66% tomorrow. So you need to check if you have adequate stock for tomorrow. If not in that spot you will need a substitute.
Give this a shot and tell me how you went.