Tag: Planning

Merchandise Me with the Right Display

Recently on Sheri’s Dream Catcher’s My Business Journey Journal our topic of discussion was about merchandise me with the right display . In other words, merchandise me. Stemming off of our previous My Business Journey Journal Topics, we decided to focus on our goods and services that we want to sell for a profit while giving value to our customers.

What is merchandising?

Basically, merchandise is defined as goods that are bought and sold. This includes personal or commercial products, and commodities that are sold to members of the public and other businesses. Second, merchandise can be offered in two types. For instance, they can be sold in retail and/or wholesale. To clarify, retail is when a company sells their products directly to the customer. Whereas, wholesale is when a company purchases products in bulk directly from the manufacturer and then turns around and sells it to the retailer or other wholesale companies.

Focused Eagle Display
Roam Wild and Free

Goals of Merchandising

There are two goals for merchandising. The first goal is an activity of support for your retail strategy that will generate revenue for the retailer and give value for the customer. With this in mind, your goods and services that you wish to sell for a profit are more beneficial if they also provide value for your customer. The second goal is deciding on what products to stock up on. In fact, this goal is a key to one of your retail strategies.

Merchandise is an Asset

Merchandise is an asset because it is usually expected to be liquidated within a year. Specifically, it is expected to be sold and turned into cash. It should be noted that merchandise is also considered a current asset within accounting. so when an item is purchased, the merchandise should be debited to the inventory account and credited to the cash or accounts payable account.

More of a Science than an Art

E-commerce merchandising are items bought and sold online. Typically, you will see these items displayed on your virtual storefront. In fact, e-commerce merchandising is the art and science of displaying products and/or offers on a website with the goal of increasing sales. Furthermore, having a good understanding of how other top revenue generating storefronts display and promote their merchandise online could help both small and mid-sized businesses improve sales. For the most part, the primary importance of merchandising is to clearly display products so that they are easy to find.

Most important aspects of merchandising

First and foremost, the term merchandising is to ensure products are displayed correctly and for maximum impact. Not only is the word “Merch” a slang term, but it also means “to put it on something”. Such as being able to provide factual evidence that something is what you are claiming it to be. Which leads me to the 5 R’s of merchandising.

  1. Providing the Right Merchandise
  2. At the Right Place
  3. At the Right Time
  4. In the Right Quantities
  5. At the Right Price

Visual Merchandising for impact

A marketing practice that uses floor plans, color, lighting, displays, technology, and other elements to attract the customers attention is visual merchandising. To generate more sales you will want to evaluate the 4 key elements of visual merchandising. For instance, store exterior, store layout, store interior and interior display. In addition to the key elements, you will need 4 basic displays for a strong visual impact. Furthermore, displays can be with one item, similar products, related products and a cross mix of items.

Effective Merchandising

To get the most out of your retail space you will want to create hot spots. Specifically, your fixtures and displays will help guide the shopper to browse and buy impulsively. Again, your ultimate goal is to generate more sales. A great hot spot will showcase new and seasonal products, advertised merchandise and establish your image.

TO LEARN MORE ABOUT AN Merchandise me with the right display, WATCH OUR FULL MY BUSINESS JOURNEY JOURNAL VIDEO DISCUSSION BELOW- Merchandise Me STOREFRONT

https://www.youtube.com/watch?v=rFVULYD8paY

It’s not our art, but our heart on display

Gary Holland

If you enjoyed reading Merchandise Me with the Right Display subscribe to our e-mail list at Sheri’s Dream Catcher to stay updated with new blog posts

Opinion Disclaimer-This is a personal blog. Any views or opinions represented in this blog are personal and belong solely to the owner and do not represent those of people, institutions or organizations that the owner may or may not be associated with in professional or personal capacity, unless explicitly stated. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company or individual

The first P to formulating my plan

“Plans are nothing, planning is everything”
-Dwight D. Eisenhower

The first P in formulating my plan is the plan

Have you ever had a plan but didn’t know you had a plan? Well what is a plan anyway? Specifically, the dictionary defines a plan as a detailed proposal of doing or achieving something. The next question I typically ask is what do I want to do or achieve? A logical question, I suppose. To me, I believe that you have to want to achieve something. Did you evaluate your current situation and say to yourself, their must be something better than what I’m doing or where I am at? Furthermore, we can look at this another way and say, I like where I am at but I feel that I could do better at what I am doing now. So what’s the first p in formulating my plan? Great questions!

“Without deep reflection one knows from daily life that one exists for other people”

-Albert Einstein

Reflecting on a moment to help formulate my plan

Now that you have answered a few questions about your current situation, you can proceed to start brainstorming ideas. For instance, what do you have access to and what do you feel you are good at? The reason I ask the question this way is because sometimes the individual you are speaking to may not know that they have a talent or skill that they are good at. Like you may not realize a trait you have until someone points it out and tells you what they see in you. For example, someone told me I have a contagious smile. I know it’s not a skill or a talent or is it? I laugh and smile of course, but I don’t look too much into it when someone says that to me and I feel they are just being nice. It didn’t really click in my head until recently when I was reflecting on my past and it made me think of a friend of mine who passed away. Specifically, his mother came up to me and said that when she sees my smile, she remembers the good times with her son, she continued and told me “to never stop smiling”.

“Use your smile to change the world, but no matter what happens, do not let the world change your smile”

-Riya Sarkar

What is the moral of this story?

The moral of the story is that I could not see how my smile and demeanor could impact someone else. It actually made me feel good to help heal another human being who was grieving in such pain. I can’t even imagine losing a child and my heart broke for her. This event happened 25 years ago at her son’s funeral. The reality is that I never understood what she meant until just recently. As in illustration, I was standing in a very long line to pay my respects to my dear friend, her son who was laying in a casket. She left her post where she greeted everyone that came to hug her and she surpassed every single person in the line and walked straight over to me just to tell me what my smile meant to her. As a result of her action toward me, it made me think about how my smile touched her so deeply.

“Your current situation is giving you an opportunity to re-evaluate what you want”

-tashabee

Reevaluating myself to help formulate my plan

I continued to reevaluate myself. I wondered, how could my smile help someone? Do I over analyze it? Do I accept it for what it is? If I could help one person with my contagious smile heal what else could I do to help another person? Is this part of the plan? I already established the fact that I felt good knowing that I helped someone else. So how else and what else could I do to help someone? I have envisioned a dream and I will take my skills, experience and knowledge to formulate a plan of action to help me achieve that vision.

“People will forget what you said, people will forget what you did, but people will never forget how you made them feel”

-maya angelou

The truth is, she is the one who made an impact on me. Crying as I write this blog because of my vivid memory of the event. Who knew, years later I would remember how she made me feel and what it meant to her to see me smile.

never stop smiling
Never stop smiling

If you enjoyed reading The first P to formulating my plan subscribe to our e-mail list at Sheri’s Dream Catcher to stay updated with new blog posts

Opinion Disclaimer-This is a personal blog. Any views or opinions represented in this blog are personal and belong solely to the owner and do not represent those of people, institutions or organizations that the owner may or may not be associated with in professional or personal capacity, unless explicitly stated. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company or individual

Time Management Conference Call Interrupted

“Time management when taking on one task at a time until time allows for multiple time is never easy. We need to remember to enjoy our time too”-Sheri’s Dream Catcher

Recommended Dream Catcher Monthly Planner to help you with your time management scheduling conflicts.

Now a days, myself and most people are using our cell phones and computers to keep track of our schedules. However, I need to see things written down on paper so that I can handle my time management “conference call interrupted” theory appropriately. I believe that when you see it written down on paper, you get a better visual for what you need to do and what you would like to do . After I have written down and organized my time, my goals and myself, I am also able to analyze my time and goals from different angles.

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You scheduled A Conference call when you thought you had the time!

Time management
When should I make the time? Don’t forget your monthly planner

Planning your day, week and month. No problem. I’m a calendar girl. But what happens when you plan the appointments of the day? Did you take into account one meeting starting earlier than expected or ran over the time you allocated? What about the unexpected that happens when you plan your time? I do this all the time and then get frustrated and huff and puff about it. Then I am mean to those I care about and I really don’t mean to be mean. I just didn’t manage my time in the best way.

Time management conference call interrupted
This was me on my conference call when I am interrupted multiple times.

Why am I being Interupted?

It never fails that on the one day I schedule an important call or appointment when I have time to do it, my call get’s interrupted! Specifically, my mind is telling me that the universe says today is the day to get interrupted multiple times. Why does this happen? I just don’t understand? Did I put this out into the universe and somehow it came back to me on this day at this time?

Specifically, I only needed 30 minutes for the appointment. How am I supposed to get uninterrupted time? Is everyone in my world on the same schedule? After I sit back and reflect on the events that just happened, I will say to myself “I should have managed my time better or not scheduled the call at that time”. In addition to having my call interrupted, I became frustrated because the computer, phone and technology were not working properly too. At this point, what would you do? For me, the only way I could handle this situation without blowing my top, was to reschedule the call for another date and time. Annoyed and frustrated that I couldn’t do what I needed to do. Overall, it was the right thing to do.

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Why a Feather Clock? Feathers that are attached to dream catchers are the ladder for our good dreams to descend upon us while we are sleeping.

Take the Time to Plan your schedule

Dream Catcher Wall Clock for Office or student with time management conference call interrupted
Building a mountain of time

Usually, when my time management is out of control, I sit down to take a time out. I need to take a few deep breaths and work on my business plan or time management organization. As a result, this plan will help me navigate my next steps so I can properly manage my classes and conference calls. Once I start researching and writing down steps to take, I start getting organized with my goals. This always helps me to look at things in a much more calculated and educated manner. I always feel better once this is accomplished.

“No time to give up, only time to get better.”

Sheri’s Dream Catcher
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Time, Time, Time

Time Management conference call interrupted
My head at night figuring out how to manage my time

“When all we have is time but yet we don’t have enough time in a day”

Sheri’s Dream Catcher

I can’t think of anything else when my mind is so focused on time. It’s like a cluster f*&^ and I have to tell myself to slow down. If I continue to think like a hamster running nonstop on a wheel, I’ll end up making mistakes. The ramification means that I will spend more time going back trying to find the mistakes and then repair them. As a result of wasting more time, I don’t get done what I needed to get done and I will feel frustrated with steam popping out the top of my head.

How often do we do this to ourselves? For instance, we would throw up our hands and say “that’s it, I’m done”. Do you stop everything and give up? Should you take a break to cool off? Would you start back up again? Slow and steady progress will result in better quality work depending on the project. Just my thought and what I’m going to do. Hope you are making the best of your time!

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Here’s to Time Management Conference Call Interrupted

Time Management conference call interrupted
Over Time

Good luck, it’s not easy. Taking on one task at a time until time allows for multiple time. Remember to enjoy your time too⌚⏳🕖.

Stay Connected

If you enjoyed reading Conference Call Interrupted subscribe to our e-mail list https://sherisdreamcatcher.com/ to stay updated with new blog posts.

Opinion Disclaimer-This is a personal blog. Any views or opinions represented in this blog are personal and belong solely to the owner and do not represent those of people, institutions or organizations that the owner may or may not be associated with in professional or personal capacity, unless explicitly stated. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company or individual.