Week 41 Day 5 Action Items

Day 5

• [ ] Analyze sales data: peak seasons, customer trends, etc.
• [ ] Identify strategies to increase sales and revenue streams.

Review Revenue Sources

Create a list of revenue sources for your retail business. You can start categorically and drill down later. Review each segment or category of revenue for your business. Which ones are the most profitable? Which ones are seasonal? Now review a profitable segment or category and begin to brainstorm other ways to generate revenue from those profitable areas.

Reflective Question: Which revenue sources are most profitable? How can you expand on those profitable products to increase revenue?

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