Biba Apparels Interview Questions, Process, and Tips

Average ticket size refers to the average amount of money spent by a customer per transaction.

• It is calculated by dividing the total revenue by the number of transactions.

• It is an important metric for measuring sales performance and customer spending habits.

• For example, if a store has $10,000 in revenue from 100 transactions, the average ticket size would be $100.

• Increasing the average ticket size can be achieved throu...read more

Basket size refers to the total value of items purchased by a customer in a single transaction.

• Basket size is an important metric for retailers as it helps them understand customer behavior and preferences.

• It can be calculated by adding up the prices of all items purchased in a single transaction.

• Retailers can use basket size data to optimize their inventory and pricing strategies.

• For example, if a retailer notices tha...read more

The average sale per day varies depending on the store's location, size, and product offerings.

• The average sale per day can be calculated by dividing the total sales by the number of days.

• Factors that can affect the average sale per day include the store's location, size, and product offerings.

• For example, a small convenience store in a rural area may have a lower average sale per day compared to a large department sto...read more

Improving conversion can be achieved by optimizing store layout, training staff, offering promotions, and improving customer experience.

• Optimize store layout to improve traffic flow and product visibility

• Train staff to provide excellent customer service and upsell products

• Offer promotions and discounts to incentivize purchases

• Improve customer experience through personalized interactions and easy checkout process

To improve store sales, I would focus on enhancing customer experience, optimizing product placement, and implementing effective marketing strategies.

• Enhance customer experience through exceptional service and personalized recommendations

• Optimize product placement by analyzing sales data and adjusting displays accordingly

• Implement effective marketing strategies such as targeted promotions and social media campaigns

• Trai...read more

I will manage discrepancy by implementing effective inventory management strategies.

• Regularly monitor inventory levels to identify discrepancies

• Implement automated inventory tracking systems to minimize errors

• Establish clear communication channels with suppliers and vendors to address discrepancies promptly

• Conduct regular audits to identify and rectify any discrepancies

• Implement proper training and education programs f