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Try This Important Principle When Managing Toys Store
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Have you heard of the principle of 80/20? In fact, it is one of important principle in business and even in our daily life. The basic meaning of such 80/20 principle is that among all the things no matter it is, only 20 percent of them are the most important parts while the remaining 80 percent is not important even it has large proportion. During the business, you can understand such meaning that only 20 percent of your products are important and popular, or 80 percent of your store sales revenue is only from 20 percent product sale. In addition to business, such 80/20 principle now is used in psychology and economics.
If you are the boss or manager of one kids toys store, have you tried to use such 80/20 principle in your business? In fact, you can really take a try, and 80/20 principle on toys store management is introduced in following article, are you interested?
Firstly, follow 80/20 principle on the toys number
As for the toys number, on every goods shelf, you should place at least two or more best seller toys products on it and meanwhile, they should be at the conspicuous location. Meanwhile, about every square meter, it is easy for customers to find eight different types of kids toys. Be careful, according to latest scientific research, the number of toys types should not be over than ten, otherwise, it would be more disordered and get negative effect.
Secondly, follow 80/20 principle on main toys structure
When one type of toys product is out of stock, you should take the 20 percent best seller products to full up the vacancy temporarily. However, you should pay attention on the relevance of different toys and their different structures. In other words, the match between toys for sale is also important.
Thirdly, follow 80/20 principle on toys three-dimensional distribution
Yes, it is just the two-dimensional imagine for displaying toys products with 80/20 principle, in fact, you have to consider their three-dimensional distribution when placing them. For example, about 80 percent toys products can be displayed in your store with length ways because by this way customers are easy to find any toys due to such straight line style. According to some research, the products sales volume would be improved about 20 percent with such length ways display ways. In addition, with 20 percent toys products transverse display, the whole products display pattern would be more perfect.
Ezbustoys is one special bus toys for sale store, which offers too many toys London Bus, toy school bus with different colors and different designs. We devote ourselves to provide good toys for children.
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