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Reyhle Nicole - Retail 101 : the guide to managing and marketing your retail business

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YOU CAN COMPETE WITH THE BIG-BOX STORES!

Whether youre a seasoned merchant or retail newbie, Retail 101 is the guide you need to successfully manage, market, and grow your retail business, brick and mortar or online. From two of todays top retail thought leaders, Retail 101 serves both as a strategic planning guide and as a hands-on practical reference that answers your critical questions along the way.

The ultimate how-to guide for independent retailers. Each chapter addresses a vital ingredient for retail success, including helpful ideas, useful lists, and action guides. -- Ted Teele, Chief Executive Officer, SnapRetail

While small retailers may feel like an endangered species, those who read this practical guidebook to retail survival will come away confident that they have unique assets they can turn into sustainable profits. -- Molly Love Rogers, President and CEO of Internet Retailer

If youve ever felt alone or frustrated building your business, read this book today! -- Joe Abraham, founder of BOSI Global, author of Entrepreneurial DNA

Reyhle Nicole: author's other books


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Copyright 2014 by McGraw-Hill Education All rights reserved Except as - photo 1
Copyright 2014 by McGraw-Hill Education All rights reserved Except as - photo 2

Copyright 2014 by McGraw-Hill Education. All rights reserved. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher.

ISBN: 978-0-07-184015-6

MHID: 0-07-184015-X

The material in this eBook also appears in the print version of this title: ISBN: 978-0-07-184014-9, MHID: 0-07-184014-1.

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TERMS OF USE

This is a copyrighted work and McGraw-Hill Education and its licensors reserve all rights in and to the work. Use of this work is subject to these terms. Except as permitted under the Copyright Act of 1976 and the right to store and retrieve one copy of the work, you may not decompile, disassemble, reverse engineer, reproduce, modify, create derivative works based upon, transmit, distribute, disseminate, sell, publish or sublicense the work or any part of it without McGraw-Hill Educations prior consent. You may use the work for your own noncommercial and personal use; any other use of the work is strictly prohibited. Your right to use the work may be terminated if you fail to comply with these terms.

THE WORK IS PROVIDED AS IS. McGRAW-HILL EDUCATION AND ITS LICENSORS MAKE NO GUARANTEES OR WARRANTIES AS TO THE ACCURACY, ADEQUACY OR COMPLETENESS OF OR RESULTS TO BE OBTAINED FROM USING THE WORK, INCLUDING ANY INFORMATION THAT CAN BE ACCESSED THROUGH THE WORK VIA HYPERLINK OR OTHERWISE, AND EXPRESSLY DISCLAIM ANY WARRANTY, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. McGraw-Hill Education and its licensors do not warrant or guarantee that the functions contained in the work will meet your requirements or that its operation will be uninterrupted or error free. Neither McGraw-Hill Education nor its licensors shall be liable to you or anyone else for any inaccuracy, error or omission, regardless of cause, in the work or for any damages resulting therefrom. McGraw-Hill Education has no responsibility for the content of any information accessed through the work. Under no circumstances shall McGraw-Hill Education and/or its licensors be liable for any indirect, incidental, special, punitive, consequential or similar damages that result from the use of or inability to use the work, even if any of them has been advised of the possibility of such damages. This limitation of liability shall apply to any claim or cause whatsoever whether such claim or cause arises in contract, tort or otherwise.

To my husband, Eric: You are the best partner in every way. We can do anything when we do it together, and Im most grateful for what weve already createdClaire and Jackson.

To my parents: Mom, you are my best friend, and I admire you very much. And Dad, knowing you are watching over us from above is both comforting and bittersweet.

I love you all so much.

Nicole Leinbach Reyhle

To my future wife, Dominique: Your six years of support have given definition to the journey. I cant wait to dedicate the next one to My Wife. I love, thank you, and feel alive every day with you by my side.

Jason A. Prescott

Contents
Acknowledgments

Nicole Leinbach Reyhle

F IRST AND foremost, thank you to Jason Prescott for being such a great believer and supporter of Retail Minded and myself since day one. You were among the first industry leaders to reach out and work with me as a retail resource, and Im grateful for our continued support of each other over the years. Furthermore, I cant thank you enough for the opportunity to coauthor this book together. Your wisdom, energy, and experience are invaluable.

Next, I want to extend a huge, general thank you to all the businesses, organizations, and people who contributed content and research material to this book. Jason and I both are very grateful for the insight, time, energy, and experience that you all provided. Without your support, this book simply would not be possible. Thank you again, and we wish each of you continued success in the future.

Next, I want to thank the people who were involved in the literal creation of this book. To start, Bill Gladstone, thank you. I appreciate your taking a chance on a first-time author and look forward to working with you much more in the future. Also, Tara Gladstone, thank you for your wisdom and support in creating the book proposal. While I had hoped to work with you more, our limited work together taught me so much, and I look forward to the chance to work with you again. Last, but certainly not least, thank you Thomas Miller, our editor at McGraw-Hill. Your guidance and enthusiasm throughout this project have been fantastic, and Jason and I both are grateful for your overall support. Dannalie Diaz from McGraw-Hill, I also appreciate your taking the time to give me some extra first-time author coaching as well.

Finally, I want to extend special thanks to some key contributors and supporters of this book. While there are too many to highlight, the following people went above and beyond to really help make this book the best it could be.

Suzy Teele, COO of SnapRetail, thank you. Your constant support is truly appreciated. Courtney Symons, marketing manager with Shopify, thank you for digging and searching for all the exact details we needed to make this book come to life. Camille Candella, group marketing director for Emerald Expositions, thank you for sharing your wisdom and helping retailers to better succeed. Jeff Milchen, codirector of the American Independent Business Alliance, thank for your invaluable insight and expertise. Don Davis, editor in chief at Internet Retailer Magazine, I appreciate your taking the time to share your unique perspectives and am grateful to offer them to our readers. Joe Abraham, author of Entrepreneurial DNA and CEO of Bosi DNA, I have been fortunate to work with you firsthand in my own business growth and am thrilled that you shared your wisdom with the readers of this book as well.

An additional thank you goes to all my Retail Minded partners, who helped to provide their expertise and insight to our readers, including Jeff Buehler of Main Street New Jersey; Andy Ellen and Christie Burris of North Carolina Retail Merchants Association; Ellen Divita of the City of Geneva, Illinois; Lynne Schwartz of Downtown St. Charles Partnership; and Jama Rice of the Museum Store Association.

Id like also to thank three folks Im lucky to call my friends who also work with independent retailers as consultants, experts, and leaders. Georganne Bender and Rich Kizer, Ive admired your work since we first met at the Dance Retailer Expo in Las Vegas many summers ago. I was lucky to learn that our offices were only a town apart, and since then, Im grateful for our many lunches, brainstorming sessions, chitchats, and constant support that you have provided. Looking forward to our continued support and work with each other! In addition, a big thank you to Cathy Wagner. Youre retail insight and friendship is very much appreciated. Finally, thank you to my family and friends. Being surrounded by good company at work, at home, and at play is a great way to live life, and Im fortunate to do just that. Thank you.

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