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The 7 Steps to become a Successful Retailer

The founder of Precision has had the honor of working with more than a hundred retailers around the world.
From mere beginners who have just entered the world of trade until they become full fledged professionals.
From the success stories of these retailers and their experiences we present you the 7 steps to take in order to be THE successful retailer with Precision.

about
1

Start

Do you have several stores? Several sales channels? And several platforms? Don't panic Precision is here to make it easier.

  • There is a first time to everything. The most accomplished retailers around the world started out in the dark. Have the courage to start.
  • Find a location, buy few items, promote the brand, make the store layout the way you want it, do business simulation so people get a feel for what you are doing. You are ready to sell!
  • That’s a lot to take in! But it’s also the start of your journey and your break into the business world.
Precision's intervention in this step:
Precision's intervention in this step:
Precision's intervention in this step:
24/7 Support from our team will help you throughout the process.

24/7 Support from our team will help you throughout the process.

Easily accept any type of payment, with a very wide choice of suppliers and equipments

Easily accept any type of payment, with a very wide choice of suppliers and equipments
The right product at the right time
2

The right product at the right time

  • Your store is not really performing as wished, some products sell faster than others. Knowing what generates income and profit is the key to your success.
  • The best retailers check the sales rates, make sure they have enough inventory in store or in transit. Promote for the least sold items to drive sales. Take regular inventories to keep the numbers accurate and minimize the shortage.
  • There is a lot work to be done, that’s where Precision come in handy.
Precision intervention
Precision intervention

You can manage your products catalog and all your suppliers from Precision easily

With Precision’s reports make the best decisions for your business

Turn any iOS device into a powerful barcode reader using your camera

3

Know your customers

  • What do they like and what they don't.
  • This crucial step helps you to retain customers and encourages them to come back for more each time. A satisfied customer is a promoter! Word of mouth does wonders, you will have a large clientele.
  • The best retailers make sure their customers feel appreciated and valued and reward them for their loyalty
Know your customers
Precision Interposition
Precision Interposition
  • Promotion
    What do they like and what they don't.
  • Targeting
    The best retailers make sure their customers feel appreciated and valued and reward them for their loyalty
  • Rewards
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Act on insights
4

Act on insights

  • Large retailers are the ones who keep their eyes everywhere and can quickly spot insights and trends. It’s a mixture of art and science. You hear phrases like 'it sells well when you pair it with this product here' or 'if we haven't sold 10,000 Dhs by noon, we would have more work to do'.
  • You are the playmaker, computers are just tools. They are good at spot trends in numbers, but they are unable to reveal the reason behind them.
The touch of precision
The touch of precision

Precision gives you valuable, up-to-the-minute information for smarter decision-making. Customize the dashboard for each team’s member.

5

Sell everywhere

  • Large retailers are the ones who keep their eyes everywhere and can quickly spot insights and trends. It’s a mixture of art and science. You hear phrases like 'it sells well when you pair it with this product here' or 'if we haven't sold 10,000 Dhs by noon, we would have more work to do'.
  • commerce-reussi.section7-header-description1
  • You are the playmaker, computers are just tools. They are good at spot trends in numbers, but they are unable to reveal the reason behind them.
  • Precision gives you valuable, up-to-the-minute information for smarter decision-making. Customize the dashboard for each team’s member.
 Sell everywhere
Precision intervention
Precision intervention

Integrates with the best business Platforms notably WordPress.

Precision lets you process orders in any store, and manage all of your products from Precision

6

Operationalize things

  • Now we know of you and you are growing. Are you hiring staff and why not open new stores? It becomes difficult to be everywhere and to manage everything. You must then build the best team that will fit your business perfectly.
  • You would want to set goals for your staff, manage safety better, restrict downsizing, and set workflows to manage inventory and day-to-day in stores operations.
  • To win here, you need great tools for managing finances, human resources, inventory, sales targets… Get everything operational.
How Precision works
How Precision works

Inventory tracking is a critical part of any growing retail store. All of the tools to manage this are built right into Precision, including purchase orders and inventories.

Set sales objectives for your staff with Precision. They will see their own progress reported in real time on their dashboard, and you will be able to see performance reports from all of your staff from anywhere, anytime.

7

Evolve

  • You are ready to evolve. You have learned how to open a store and how to manage your inventory. You understand who and where your customers are. You have the right information to make decisions without wasting a minute.
  • You grow up, your tools must follow. Maybe your accounting software needs to be replaced with a bigger financial management platform. Your online store needs an upgrade. You may need to implement an ERP to manage your operations.
  • Better to have a retail platform that grows with you integrates with others so that you can choose the best software for different parts of your business.
Precision systems
Precision systems
Precision systems
Precision systems
Precision systems
Precision systems
Secure cloud infrastructure
Secure cloud infrastructure

The United States and Canada

Europe

Africa, Middle East, and India

Latin America and the Caribbean

Asia Pacific