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Fashion Trade Shows - It's show time so get it right!

MAXIMISING YOUR TRADE SHOW INVESTMENT - updated article

We have represented the MAGIC Show for several years and we have walked for over 25 years the various trade shows around the world.
In addition, we give advice and join our Brand clients at the shows. We also work with retail clients visiting the shows and placing orders.
Finally, we regularly deliver business seminars at key shows such as
BIFF in Bangkok, Moda UK and Pure in London and Who's Next in Paris ...
We act as Retail / Brand Expert for Whos Next and have over a thousand of case studies to share.
You can benefit from free workshops and have your own Expert helping you (Appointment here or call-email us) and discuss your challenges at Retail and Wholesale. 
Discover below some key rules to ensure your Brand can get the most from the Trade Show investment you are making. 

Reminder: Paying £3000 for 10m2 over 3 days is like paying £360 000 in rent over 1 year on Bond Street AND YOU GET MUCH MORE THAN 10 M2!

I - HAVE AN OBJECTIVE

Retail Audit Questionnaire

Building a Retail Business is like a puzzle.

You need all the pieces and they all need to fit together.

By reviewing how you operate the above topics, we have been able in the past to identify profit opportunities in less than 15 minutes.

We can share over 25 years’ international experience and best practice.
You will set up the right foundations from the start.
You will avoid the mistakes made by the competition.

Imagine how much time and money you will save and how much more sales you can make.

Where is the opportunity

Check it out!
A great example that opportunities exist. 

See it, catch it and succeed.
Let's also remember what Richard Branson said:

Opportunities are like buses, there is always another one coming.

 

What is the new role of the Sales person in a store in 2020?

Do forgive us if this article remains in French. Looking to know more? Call or email us. 
Let's make sure we meet at Who's Next (January & September sessions) to discuss your Retail business and/or Brand. 
.

The Founder of GFM is acting as Retail Expert at Fashion Solutions / Retail Expert Club at Who's Next.

WHOS NEXT is THE International Trade Show offring Buyers and Exhibitors the opportunity to gain business insight for free by working alongside Retail/Brand Experts.

Before our meeting, discover our business insight on what should be 

the new role of the sales person in your store in 2020 (and beyond)!

LBHF - How to grow a Fashion Business

GFM in conjunction with the London Borough of Hammersmith and Fulham (LBHF) is inviting you to an Interactive Session On Growing Your Fashion Business on October 10th 2019.

Today, building a Fashion Brand is like building a House.

You have to build strong foundations; Build a blueprint and a step by step process to get to where you want to go.

Learn the Top 6 Ps of launching, managing and growing a global and profitable Fashion Brand.

How to manage your store? The CEO's dashboard

Our last retail appointments have highlighted a serious issue when dealing with Business Owners.
They do not have a dashboard to look at and therefore they fail to understand what is happening in their business.

On occasion,  they have a dashboard but it is the wrong one (make sure that there is enough critical thinking in the business and therefore the question is "who is coaching or mentoring the top management?" - Call us for advice). 

The purpose of this blog post is not to be THE dashboard you need to implement but it can certainly be a minimum you want to look at.

By sitting down together, we will understand your business, your goals and set up the dashboard in NO MORE THAN 4 HOURS. 
Let's not waste time or money.
Let's not delay taking action as we are never far away from some key months and retail has high fixed expenses from rent, stock and salary.

What should you review every 2 weeks or every month:

Thank you for your interest/ purchase

We thank you for your interest/ purchase. We are looking forward to working with you and sharing over 25 years' experience in the business of Fashion and Retail.

You will learn international best practice from the start.
We will convey our experience with honesty and transparency.

As you know, success comes from great preparation.
The more we understand your business and goals, the easier it is for us to deliver a tailor-made solution.

Share your contact details by email or phone and we will get everything started.

As a client, we are always happy to extend a free meeting when we visit trade shows or events around the world so stay connected.
Read the business blog posts as we add new ones regularly. You will find a lot of tools and tips to set up, manage and grow the business.

The Art and Science of Buying

What is the issue faced by many retailers from large chain stores to independent retailers: Buying!

As you are placing orders for the SS or AW season, you must be having the following 2 questions in mind:

How can I make this buying process easier?
How can I maximise my profits on the stock I am buying – which is my number 1 asset?

Let’s focus on 2 key elements which will help you put more £ / € or $ in your pocket. Guaranteed!
You have the art of buying and you know what to buy, you now need to have the science part of buying which is “how much to buy” and “when to bring it in”.
Answering those questions as accurately as possible will put you ahead of your competitors and increase revenue while reducing stock.
So, what do you need to do to achieve better results when managing your stock?

Time Management & great quotes

UPDATED VERSION

What will break or make your business succeed is time and priority management.
How do you rate yourself?
Do you regularly procrastinate tasks which are important in the business?
Do you just focus on the easy ones?
Do you only focus on the ones you love doing or those which are urgent but not important?

Let's check what other Business people say about Time Management and let's review some other great quotes from business leaders or successful people ...

Douglas Reid - Xerox Corp
"Management has the responsibility to explain to the employee how the routine job contributes to the business's objective. If management cannot explain the value of the job, then it should be eliminated and the employee reassigned."

Anthony Robbins- Motivational Speaker
"If you do what you've always done, you'll get what you 've always gotten."

Richard Branson - Founder Virgin Group
“One of my favorite tricks is to conduct most of my meetings standing up. I find it to be a much quicker way of getting down to business, making a decision and sealing the deal. When given the opportunity I often like to take things a step further – literally, with a walking meeting.”
“I think the number one thing that I take with me when I’m traveling is the notebook… I could never have built the Virgin Group into the size it is without those few bits of paper.” “If you have a thought but don’t write it down, by the next morning it may be gone forever.”

Read those from Warren Buffet, Malcolm Forbes ...

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