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King of Retail is a store management simulator. In it, you are the owner of a new store. You will have to make important decisions to make your store prosper and bring you profit. Will you cope with the pressure or will you fail? As an owner and manager, you will have many daily responsibilities.
What will your store be like?
Will it be a shoe store for fashionistas, an electronics store or a huge hypermarket that sells a little bit of everything? Remember, it is not that simple. Trying to sell fashionable and expensive goods in a poor part of the city will not result in endless queues at the checkout. Will you try to dominate the competitive market or will you find a free niche?
Control the movement of goods
In order for the goods you sell to reach the buyer’s home, you will have to solve many problems. First, you must select and order the goods. Next, you need to make sure you have storage facilities to receive and process the goods that arrive. The sales area should have adequate displays and shelving to display and sell the products. Make sure you have a good relationship with your supplier, this is very important for selling exclusive products. Oh, and by the way, what should be the first thing your customers see when they walk into your store? First impressions matter! So which will you choose: a pair of jeans that sell like hot cakes, or an exclusive silk shirt?
Attract More Customers
Create a solid reputation with your customers and make your store the most popular in the city. A competent marketing strategy and satisfied customers are the key to your super profits. But do not overpraise your store and products. If you cannot maintain a high standard, customers will remain dissatisfied. And nothing ruins a business faster than dissatisfied customers.
The customer is always right
Create a pleasant atmosphere for customers, decorate the store in a thematic style so that they know that they have come to YOUR store. Make sure that they are provided with the necessary assistance and that the lines at the checkout are not too long. Make your store convenient so that both fashionistas and bargain hunters know where to go and what product to choose.
Manage your staff
The more successful your store becomes, the more visitors you will have. At some point, you will have to hire new employees. Find interesting candidates among the applications. Interview, get to know the person, and decide if they are right for the role you have in mind. Negotiate a salary and hire them. Make sure your staff is happy and not overworked. Create a positive environment for your employees and they will never lose motivation. But you still need to separate the slackers from the hard workers. Invest time in the right people and train them to become better. Then, when you need a replacement, when you move on to the next store, you can trust someone to run it.
Optimize your store operations
The difference between a good store and a great one is in the details. Optimize your inventory by removing slow-selling items and ordering those that are in demand. Make sure you always have items in stock, but don’t overorder. Optimize your processes to increase revenue. Identify your store’s target audience and adjust your hours accordingly. Develop an efficient schedule for your staff so you don’t pay people to do nothing.
Corporate mode
Operate several stores in different parts of the city. Tailor your product range to the locals. Expand your headquarters and develop your concepts and ideas. Find the right managers and ensure the right investments at the right time.
Are you up to the challenge?