A blog on issues affecting Australia's newsagents, media and small business generally. More ...

Sunday newsagency management tip: stop and think about why you scan sales

Too many newsagents use software in their businesses as a glorified cash register. They track stock in, scale sales, scan returns and that is it. Rarely do they manage the business by the numbers.

Next time you scan an item being purchased at th counter, think why? Think about whether you actually use all the data being collected and cultivated.

My challenge today is that you actually use it.

I am prompted to write this because if data I see in a report from a retail business I know of. They have excellent data, that chronicles the steady decline of the business and shows no action to arrest the decline. This is a business that uses their software as a glorified cash register. What a waste.

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Management tip

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