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KPI stands for Key Performance Indicator, which is a measurable value that demonstrates how effectively a company is achieving key business objectives.
KPIs are used to evaluate the success of an organization or a particular activity in which it engages.
They help in setting goals and measuring progress towards those goals.
Examples of KPIs for a store manager could include sales revenue, customer satisfaction scores, inv...
A store manager is responsible for overseeing daily operations, managing staff, ensuring customer satisfaction, and driving sales.
Oversee daily operations of the store
Manage and schedule staff
Ensure customer satisfaction and handle customer complaints
Drive sales through promotions, marketing strategies, and excellent customer service
Monitor inventory levels and order stock as needed
To improve the store, focus on customer service, merchandising, staff training, and marketing strategies.
Enhance customer service by training staff to be friendly and helpful
Optimize merchandising by regularly updating displays and product placement
Invest in staff training to improve product knowledge and sales skills
Implement effective marketing strategies to attract new customers and retain existing ones
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
Operations refer to the day-to-day activities and tasks involved in running a business or organization.
Operations involve managing resources, processes, and systems to ensure efficiency and effectiveness.
Examples of operations include inventory management, customer service, quality control, and supply chain management.
Operations also include strategic planning, budgeting, and goal setting to achieve organizational obje
Shrinkage can be controlled by implementing strict inventory management procedures and conducting regular audits.
Implementing strict inventory management procedures such as regular stock counts and monitoring sales trends
Training staff on theft prevention techniques and encouraging a culture of honesty
Installing security measures such as surveillance cameras and electronic article surveillance (EAS) systems
Conducting r...
To improve sales, focus on customer service, marketing strategies, and employee training.
Enhance customer service to build loyalty and attract new customers
Implement effective marketing strategies to reach target audience
Provide regular training for employees to improve product knowledge and sales techniques
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...
I applied via Referral
I applied via Naukri.com and was interviewed in Feb 2024. There was 1 interview round.
I applied via Referral and was interviewed before Apr 2022. There were 6 interview rounds.
I applied via Referral and was interviewed before Sep 2020. There was 1 interview round.
I can contribute to the growth of this store by implementing effective marketing strategies, improving customer service, and optimizing operational efficiency.
Develop and execute targeted marketing campaigns to attract new customers
Enhance the store's online presence through social media and digital advertising
Improve customer service by training and motivating staff to provide exceptional experiences
Analyze sales data...
Interview experience
based on 90 reviews
Rating in categories
Store Manager
223
salaries
| ₹2 L/yr - ₹6 L/yr |
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Customer experience Officer
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Assistant Store Manager
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salaries
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