DLF Brands Interview Questions, Process, and Tips

To increase ATV, focus on upselling and cross-selling techniques, offer bundle deals, and provide exceptional customer service.

• Train sales associates on upselling and cross-selling techniques

• Offer bundle deals to encourage customers to purchase more items

• Provide exceptional customer service to build loyalty and repeat business

Retail KPIs are key performance indicators used to measure the success of a retail business. Increasing business can be achieved by improving KPIs.

• Identify and track relevant KPIs such as sales per square foot, conversion rate, and average transaction value

• Analyze KPI data to identify areas for improvement and set goals for improvement

• Implement strategies to improve KPIs such as optimizing store layout, improving custo...read more

Inventory management can be maintained by implementing a system of regular stock checks and accurate record keeping.

• Regular stock checks to identify any discrepancies or shortages

• Accurate record keeping to track inventory levels and sales

• Utilizing inventory management software to automate and streamline the process

• Establishing reorder points to ensure timely restocking

• Training staff on proper inventory management proce

Maintain cash management by monitoring cash flow, creating a budget, and implementing financial controls.

• Monitor cash flow regularly to ensure there is enough cash on hand

• Create a budget to plan for expenses and revenue

• Implement financial controls such as limiting spending and tracking expenses

• Use accounting software to keep track of financial transactions

• Negotiate payment terms with suppliers to improve cash flow

• Consi...read more