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A key metric called Return on Visit(ROV)
Measures how store traffic is converted into sales. This is a clear indicator of store productivity and one that store leaders at all levels -- including store managers, district managers, regional vice presidents, and the director of stores -- can significantly influence.
Wiki User
∙ 12y ago
Wiki User
∙ 11y agoIt means Return on Visits, its Sales Revenue divided by number of distinct visitors.
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What does mos in retail sales mean?
"Marked Out of Stock"-for merchandise damaged on the sales floor.
What does Main Line mean in reference to merchandising?
what does main line refer to in retail sales
What is the most direct affect that the internet has had on retail sales?
The most direct effect the internet has had on retail sales is conglomerating retail sales into larger companies. It has also made pricing more internationally and nationally competitive.
What does ROP in retail merchandising mean?
Run of paper, as it pertains to a particular ad, outside of a standard sales flier.
Why are comparable sales important in the retail industry?
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What does retail sales mean in finance?
Retail sales means what are the amount of sales that a retail store sells to the public. Places like walmart, gap or target are all retail sellers. Finance deals with money.
What does ASP in retail mean?
Average sales profit
What does mos in retail sales mean?
"Marked Out of Stock"-for merchandise damaged on the sales floor.
Which are greater wholesale sales or retail sales?
Retail sales.
What is the retail area in a retail store?
The sales floor.The sales floor.The sales floor.The sales floor.
What is a Retail Sales Associate?
A sales clerk. Person who works on a sales floor of a retail store.
What does Main Line mean in reference to merchandising?
what does main line refer to in retail sales
What is the subject in this sentence Retail sales rose modestly last month?
Retail sales.
What is retail sale?
Sales clerk. Person who works on a sales floor of a retail store.
When was the first ROV developed?
the first ROV was developed in 1953
What were gum sales in retail food outlets in 1999?
Gum sales in retail food outlets had sales of $594 million in 1999
What is the type of economic measurement for retail?
Retail sales
