Quick question – what’s the difference between your high-volume and low-volume stores?
If you can’t come up with a quick answer, you’re not alone. Granted, there are a lot of differences between stores that make it hard to quickly compare performance. Some stores are newer and others due for upgrades. And some are in locations with higher traffic than others. But these factors don’t tell the whole story, and they aren’t straightforward differentiators that you can quickly adjust to increase store revenues.
Let’s take a look at some key metrics that you can use to not only analyze but also improve performance.