Gross Margin (GM) is the lifeblood of a retailer. Simply defined, it is the difference between the net sales and the merchandise cost. Gross Margin Percent (GM%) is the further relationship of Gross Margin to Net Sales. The calculation is relatively straightforward: Gross Margin % = Gross Margin x 100 Net Sales While Gross Margin […]
Inventory (Stock) Turn is the most usual measure of the efficiency of inventory control. It is the number of times within a period, usually one year, that the average inventory is sold. Normally, higher stock turn rates are associated with products that sell at a lower gross margin percentage,for example, groceries. Conversely, a higher turn
Return on Capital Employed (ROCE) is defined as: Pre-tax Profit x 100 = ROCE Capital Invested Retailers make widely varying returns but as a sweeping generalization, a business should be making at least 16% to be considered a successful business. A good analogy is to consider that you could invest $100 in a retail
The table that follows shows the key metrics used by most retailers to track and manage their performance. In particular, The Finance Function is very concerned with Return on Capital Employed or Return on Net Assets, Inventory Turn, Gross Margin Percent, Expenses Percent To Sales and expenses measured by line item and expressed as a
If you have been paying attention to Amazon’s single product pages and if Amazon’s engineers have been doing their job well, you have most likely clicked on one of the links in the group of deep links called Customers who bought this item also bought. This plugin tries to create a similar group of links
Mark Ghosh have upgraded and consolidated his old Contextual Related Posts Plugin for WordPress. This new version (1.1) is a simple install (just install the plugin file) and it will show the last 5 related posts from your blog. The display show the links right after the comment form. The matching is done with the
mGinger finds a new competitor – sms2India.co.in I am seriously excited about the way their business proposal runs. Referral signup – if you need a referral Signup id : imgoel More earnings, because of referral signup. More specific categories of advertisement to choose – helps the advertiser as the customer chooses specified advertisement. (targeted customers)
Do you want to get paid for the SMS which you receive on your mobile? Here are the ad providers, who would send SMS on your mobile and you could eventually earn money for viewing and deleting the SMS. Currently the site says How much money can I make? Ads you receive per day X