Shaze Luxury Retail Department Head Interview Questions and Answers

Optimizing bottom line requires a combination of cost-cutting measures and revenue generation strategies.

• Analyze expenses and identify areas where costs can be reduced

• Negotiate better deals with suppliers and vendors

• Implement efficient processes and automation to reduce labor costs

• Explore new revenue streams and business opportunities

• Focus on customer retention and upselling to increase revenue

• Regularly review and adju...read more

I would analyze the reasons for high returns and implement strategies to reduce them.

• Identify the root cause of high returns

• Analyze customer feedback and reviews

• Improve product quality and packaging

• Provide clear return policies and instructions

• Train customer service representatives to handle returns efficiently

• Offer incentives to customers for keeping products instead of returning them

• Collaborate with suppliers to impr...read more