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Increasing KPIs involves setting clear goals, tracking performance, providing training, and motivating employees.
Set specific and achievable goals for each KPI
Regularly track and analyze performance data to identify areas for improvement
Provide ongoing training and development opportunities for employees
Implement incentive programs to motivate staff to meet and exceed KPI targets
To improve store sales, focus on customer service, merchandising, marketing, and staff training.
Enhance customer service by training staff to be knowledgeable and helpful
Optimize merchandising by arranging products attractively and strategically
Implement effective marketing strategies such as promotions, social media campaigns, and loyalty programs
Invest in staff training to improve sales techniques and product knowled
I applied via Walk-in and was interviewed in Dec 2020. There was 1 interview round.
To handle the store effectively, focus on KPIs, plan for increasing sales, and prioritize customer satisfaction.
Regularly track and analyze KPIs such as sales, foot traffic, and inventory turnover to identify areas for improvement.
Develop a strategic plan for increasing sales, including targeted marketing campaigns, product promotions, and upselling techniques.
Prioritize customer satisfaction by training staff on excel...
I applied via Referral and was interviewed before Oct 2020. There was 1 interview round.
Top trending discussions
I applied via Recruitment Consulltant and was interviewed in Jun 2024. There were 3 interview rounds.
How will handle a team and conflicts
P&L is calculated by subtracting total expenses from total revenue to determine the profit or loss of a business.
Calculate total revenue by adding up all sales and other income.
Calculate total expenses by adding up all costs such as rent, salaries, and supplies.
Subtract total expenses from total revenue to get the profit or loss.
Formula: Profit/Loss = Total Revenue - Total Expenses
How to drive your mont target,Businesses discuson
I applied via Naukri.com and was interviewed in Apr 2024. There was 1 interview round.
The process of business involves planning, organizing, leading, and controlling activities to achieve organizational goals.
Planning involves setting goals, defining strategies, and creating action plans.
Organizing involves arranging resources and tasks to achieve the goals.
Leading involves motivating and guiding employees to work towards the goals.
Controlling involves monitoring performance and making adjustments as ne...
KRA stands for Key Result Area. It is a set of specific goals and objectives that a Store Manager is responsible for achieving.
KRA for a Store Manager may include increasing sales revenue, improving customer satisfaction, managing inventory levels, and ensuring compliance with company policies.
Example: One KRA for a Store Manager could be to increase sales revenue by 10% within the next quarter.
Another KRA could be to ...
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Rating in categories
Store Manager
80
salaries
| ₹3.1 L/yr - ₹6.8 L/yr |
Retail Store Manager
19
salaries
| ₹3.5 L/yr - ₹6.6 L/yr |
Assistant Manager
16
salaries
| ₹2.2 L/yr - ₹8.6 L/yr |
Assistant Store Manager
14
salaries
| ₹2.2 L/yr - ₹4.8 L/yr |
Senior Executive
11
salaries
| ₹3.2 L/yr - ₹6 L/yr |
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