An ALLPRO® Publication VOL. 22, ISSUE 5 SEPTEMBER / OCTOBER 2012
by:Joe Poliseo
Keeping the Momentum I am very pleased to report that the overall group purchases year to date continue to outpace last year’s purchases. Additionally, industry reports show the pace of new home construction and homebuilder confidence are also on the rise. This is good to see because it indicates persistent incremental improvement in the market and that translates to building momentum. With that in mind, I encourage each and every ALLPRO member to keep a positive outlook and do what you can to carry that momentum into the last several months of this year. One way to do that is to be sure to take advantage of the ALLPRO Fall buying Specials, which kicked in August 15th and run through the end of September. Members can take advantage of these promotions to stock up for the fall season and promote many of the products on special. Also, don’t forget about the Wild Card promotions, most of which are at member’s discretion, and run through the end of the year. If you haven’t already used your wild cards of choice, this would give you two opportunities to buy on special before the end of the year. Special thanks to our participating supplier partners who’ve worked with the committees and office staff to provide these opportunities. Secondly, while the fall meeting is oriented toward member workshops and the Point of Sale Partners to the group, it is also a great time to network and gain ideas from fellow members, ask what they are doing in their stores, what items are HOT for them right now, and how they might be going about getting new customers via outside sales and any internal promotions. In fact, the Stockholder meeting workshop on niche products is a perfect opportunity to learn what other members are doing well in their markets. Be sure to ask, the answers and guidance could be very valuable in the coming months.
The loss prevention session will also prove to be very beneficial. You’ll not only be able to learn from fraud and loss prevention experts but other member experiences as well. Improving business climate or not, there’s never a time when we shouldn’t take steps to prevent money or assets from walking out the door. It’s hard enough to get it in the door. Lastly, changing it up a little to keep everything fresh is more important than ever. Whether it is through your social media (keeping Facebook and Twitter content current and engaging or expanding into other social sites) or “old fashioned” end caps and stack-outs to call attention to new or highly profitable items to promote, make sure that you pay close attention to how your company is represented. Walk your store like a CUSTOMER might. Read your communications as if you were on the RECEIVING end…you might be surprised and notice what needs to be updated or changed right away. Include and solicit input from your key employees…they are on the firing line and hear important feedback from your professional and consumer customers every day. Be ahead of the curve on making positive changes. By taking advantage of buying opportunities, staying HOT on the topics, and trying some good, new, proven ideas obtained from your peers you can keep the momentum and end 2012 on a positive and profitable note.