Grow and Diversify your Business with Retail Science
Who We Are
VGM Retail offers exclusive, highly discounted services for VGM members looking to grow, evolve and take their business to the next level.
With over 60+ combined years of retail and health care experience, VGM Retail has turned retailing into a science by marrying the practices of traditional retailers with the unique aspects of the HME industry.
What's The "Science" Behind Retail?
Retail Science does not have to be complicated. In our case, it is as easy as 1, 2, 3, 4, 5!
- Store Experience and Design
- Current Business Analysis and Projection
- Marketing and Advertising
- Product Sourcing and Merchandising
- Operations and Training
You may need help with all areas of this equation or just portions of it. You will receive a customized plan of service based on your existing operation and what you plan to achieve. The VGM Retail team has training plans and operational plans to assist with all areas of Retail Science.
Store Experience and Design
- Assessment of your current retail showroom
- Reconfiguration of existing retail space and design recommendations
Current Business Analysis and Projection
- Financial dashboard and projections of long-term store performance
- Recommended store expense categories and percentage allocation
Marketing and Advertising
- Analysis of current marketing and advertising plan and materials
- Six month marketing and advertising plan, collateral design, implementation process and expected outcomes
Product Sourcing and Merchandising
- Detailed analysis of current product mix and potential assortment expansion options
- Full product assortment addition recommendations, including inventory management assistance
Operations and Training
- Assistance with sourcing, interviewing and hiring retail manager and sales staff
- Creating company-wide organizational charts, goal tracking, work communication tools and incentive programs
- Inventory management, sales tracking and customer service training
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