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Thank you for watching! :)

Thanks for watching!

It would be excluded from the calculation like the new store in this video. In order for a store to be included in the same store sales calculations, it must have traded throughout the two periods that are being compared.

Please check out the free course video on the channel for the full presentation

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Hi! We're not hiring at the moment

A lot of products are priced at a rate that is way higher than the cost of the underlying product itself. It happens all the time in luxury goods for example. Unless the brand is making misrepresentations about the product and its features, benefits or sources, it wouldn't really be considered a scam. It is their right to set the price as high as they want, and customers have all the right to refuse to buy from them. People are ready to pay up for a lot of things, such as image, convenience, saving time... etc., and some brands are smart to take advantage of that.

Assortment planning is a dynamic process that is based on market trends and insights from inside the business on how the different products & categories are performing, and then responding to all this by adapting the assortment.

Thank you so much!

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Thank you, Agnes!

This comment is very encouraging. Thank you so much, Connor!

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and proud :)

@@RetailDogma haha ofcourse :) i don't mean you have a bad accent, you speak proper English without faking any American or British accents. I also prefer doing the same. Bravo, Great work!

You're very welcome! Thank you for watching :)

Hello Ramesh, Not all retailers in all countries adopt the 454 calendar. Many just follow the normal monthly calendar because the 454 calendar doesn't help in aligning key events for them. For example, in the Middle East a lot of key events are based on the Hijri calendar, such as the month of Ramadan and Eid periods.. it is equivalent to the holiday season in the U.S.. but because Ramadan keeps shifting every year 10 or 11 days backwards, it doesn't have a fixed date in the Gregorian calendar anyways, and so in one year it might fall in one calendar month, and the next year it would partly shift to the previous month. The idea of the 454 calendar is that it aligns weekends and holidays, so that reporting would be comparable, but that might apply to a market like the US, but wouldn't be applicable to a market like the Middle East. So in this case just following the normal calendar would be easier for these retailers, because it aligns with their accounting and tax reporting timings, and for them no added value is provided by adopting the 454 calendar.

@@RetailDogma 🙏Thank you so much for your time and explaining to me in such detail 🙏. Means a lot you helped me understandng it. Now i am clear with this. You are so nice person ❤, helping other people learn 😊

Thanks for the great feedback! You nailed down what we're trying to deliver through this channel: To help retailers see the big picture and connect all the dots.

@@RetailDogma I'm so glad I finally found a point of relatability somewhere! Looking forward to learn from this channel.

Anup, Alternatively, you can use Peddle Plus, Gofrugal, Zoho, or Genesis. All these are good ERPs.

Thank you!

Thank you so much 😀

You're welcome! Thanks for watching!

Thank you so much. Same to you!