Salt Attire Senior Fashion Consultant Interview Questions, Process, and Tips

KPIs are calculated by setting specific goals, tracking relevant metrics, analyzing data, and comparing results to targets.

• Set clear and specific goals for each KPI

• Identify relevant metrics to track progress towards goals

• Collect and analyze data regularly to measure performance

• Compare actual results to targets to assess performance

• Adjust strategies as needed based on KPI analysis

• Examples: Sales conversion rate, custome

Visual merchandising is the practice of displaying products in a way that attracts customers and encourages sales.

• Involves creating visually appealing displays in retail stores

• Utilizes elements like lighting, color, signage, and product placement

• Aims to enhance the overall shopping experience for customers

• Examples include window displays, product showcases, and themed sections

Key Performance Indicator

• Key metrics used to evaluate the success of an organization or specific activity

• Helps in setting and achieving goals

• Examples: Sales revenue, customer satisfaction, website traffic

Key Performance Indicators (KPIs) are measurable values that demonstrate how effectively a company is achieving key business objectives.

• Financial KPIs - such as revenue growth, profit margin, and return on investment

• Customer KPIs - including customer satisfaction, retention rate, and Net Promoter Score (NPS)

• Operational KPIs - like inventory turnover, production efficiency, and order fulfillment rate

• Sales and Marketing ...read more