Retail Advice
Take a New Approach for 2025
No matter how your business has performed over the last 12 months, when it comes to buying stock for next year, you should think about the changes you can make. Change is critical to keep your customers engaged and it helps you to focus on the key elements that make your business work. In the…
Read MoreGet Ahead of the Buying game
Why Preparation is Key For most golf professionals or retail managers running a pro shop in the UK, August and September are critical months for deciding on inventory purchases for the following golf season. It’s a pivotal time, when you’re likely to meet with brand representatives to determine not only the products that will line…
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Getting the balance of inventory right in your pro shop is one of the hardest things in retail BUT there is a way to work out what’s right for your business. In this video, Mark and Jules explain how to find out your shop’s STOCK TURN number, what a high or low stock turn indicates…
Read MoreHow much stock should you have?
Inventory management is a balancing act but, luckily, there is a way to work out what’s right for you. Here, Xpos’s Mark Hopkins looks at how golf retailers can stay on top of stock turn to ensure a thriving business. WHAT IS STOCK TURN? Your stock turn number is a simple metric that helps you…
Read MoreEasy Wins for More Profit
Here, retail expert Mark Hopkins looks at ways pro shops can enhance profitability, without compromising on customer experience. Whether you’re new to the retail game, or a seasoned Pro who’s been running a shop for several years, retail can be daunting. Every now and again I like to remind myself what it’s all about and…
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Your invitation to stress-free stock control Our retail experts recently revealed that the average stock turn number across UK golf shops has dropped by almost 30% since 2022, reflecting the continued struggle felt by retailers when it comes to balancing stock. Your shop’s stock turn is a simple ratio referring to the number of times…
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