Wednesday, January 14, 2009

Retail Resolutions for 2009

2009 is going to be a challenging year for retailers everywhere. CBCG has resolved to help retailers-big and small - survive- and even thrive in this challenging economy.

We've compiled our top 10 resolutions for the New Year. We hope you will make them part of your everyday business life in 2009.

1) Conduct An Objective Strategic Assessment Of My Business
2) Investigate Less Expensive Electronic Marketing Methods
3) Improve Effectiveness Of My Email Marketing Campaigns
4) Increase Utilization Of Social Networking Applications (Or Resolve To At Least Learn More About The World Of Web 2.0 Before It Becomes Web 3.0)
5) Be Disciplined In My Inventory Management Practices
6) Get Face-To-Face With My Customers More Often
7) Be More Assertive In Negotiations With My Suppliers
8) Optimize Cash Flow Management And Financing Terms
9) Objectively Assess The Opportunity For Additional Sales From Alternative Channels Of Distribution– Internet, Corporate, Etc.
10) Overcome Fear To Ask For Help When I Need It

Sunday, January 4, 2009

Networking 101 for 2009

Happy New Year!

It's time for a new year and a new strategy to help your retail business grow. We're looking forward to sharing lots of new ideas with you over the coming year that you can use in this challenging economic time. We're starting off the year with a reminder that sometimes a new twist on basics can have wonderful results.

Networking is hotter than ever as the "NEW" way to grow your business this year.

Here's what in and OUT this year when it comes to networking courtesy of Women's DISH from the (Speaking of networking, start with DWC, it's a great place to meet and network with Women)

2009 2008
Networking both online AND in-person Networking exclusively online OR in-person
Boosting your Google juice Hiding from internet search engines
LinkedIn, Facebook and Twitter Rolodexes, mass emails, and cold-calls
Using technology to save big money Spending big money on technology
Investing in yourself Investing in your closet
Taking credit for accomplishments Living on credit to appear accomplished
Working smarterm Working longer
Peer and reverse mentoring Top-down mentoring
Helping others Helping yourself
Networking right now Putting off networking until later

Courtesy of: Women’s Dish Downtown Women’s Club