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Index of Retail Sales Potential

1/17/2023

 
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Managing inventory – arguably the #1 responsibility of a retailer – has been beset by a host of new and sometimes daunting challenges since 2020.

The last few months of 2022 only made matters worse. As supply chain issues seemed to subside, foreboding talk of a recession dominated, dampening customer spending. 

Many retailers are feeling a bit over-inventoried as a result. Similar to that sense of having a few added pounds after the holidays.

In other words, a situation that is crying out for perspective. And we've got you covered on that! ​

​​Use our unique Index of Sales Potential, or "Inventory Gadget" for short. 
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  • Just enter your current inventory @cost;  
​
  • Choose your retail segment from the dropdown menu;

  • Immediately! See what sales volume the median retailer in your segment generates in annual sales with that amount of inventory.

  • For perspective, how does that compare to your sales volume?
Granted, "your mileage may vary." 

​But – you also could discover that you have a lot of potential for a great 2023 already present in your stores, just waiting to get out.
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