
Explain the meaning and importance of Design Thinking
List of some companies which are known for Design Thinking
Explain the difference in creativity, invention and innovation
Explain the meaning of Business Acumen
Describe the importance of Business Acumen
Explain the common terminologies such as Revenue, COGS, Gross Sale, Net Sale, EBITDA, Margin, Markup etc
Calculate walkin, conversion, ATV, ABS, ASP, Like-to-Like, Sell-through, Inventory Turn over ratio
Explain the impact of cross-selling and up-selling on Sales KPIs
Explain the GUEST model of Sales and Service Excellence
Describe the stages in the GUEST model
Prepare to gain the attention of the customers
Describe the types of greeting approaches
Apply the appropriate greeting approach to gain attention
Apply tactics to gain the attention of the customers
Inculcate the importance of understanding the correct customer needs
Avoid biases in understanding needs
Explain the techniques of getting the maximum information from the customers
Differentiate between open-ended and closed-ended questions
Ask appropriate questions
Explain the FABing technique to get the maximum sales
Apply the FABing technique
Explain the Do's and Don'ts in the product/service presentation
Suggest other products/services
Explain the meaning and importance of cross-selling and up-selling
Apply cross-selling and up-selling to boost sales
Explain key rules of upselling
Explain feel-felt-found strategy in objection handling
Describe do's and don't of objection handling
Handle the objections of the customers
Leave a good impression on the customers
Differentiate between Customer Service and Customer Experience
Explain the preferred style between Customer Service and Customer Experience
Explain the meaning of Digital Marketing
Differentiate between Digital marketing and Traditional marketing
Explain why Digital marketing is better than Traditional marketing
List the key modules
Explain the types of industries
Explain the meaning and importance of Retail
Differentiate between Customer and Consumer
Describe the evolution of Retail
Differentiate between Organised and Unorganised Retail
Explain the key characteristics of Organised Retail
Explain the key characteristics of Unorganised Retail
Describe the common formats in Retail industry
List the key players
Explain the meaning and importance of 6Ps of Retail
Explain the meaning and importance of various pricing methods
Describe the meaning of price elasticity of demand
Explain the significance of Price elasticity
Calculate the price elasticity
Take feedback on price worth
Explain the preferred Price points
Explain the meaning and importance of Barcodes
Explain the common types of Barcodes
Illustrate the reason behind forming GTIN
Explain the meaning and importance of GTIN
Explain common standards in GTIN
Describe the meaning of Point of Sale (POS)
Explain the importance of Point of Sale (POS)
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