macy's presentation
TRANSCRIPT
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2016 Store Management Internship Project
Emanuel Ruiz
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AGENDA
IntroductionFOBSWOT Analysis: Women’s ShoesMagic Score OverviewArea’s of OpportunitiesFocus Area’s: Magic Selling & MyClientResultsSWOT Analysis: ResultsConclusion
Emanuel Ruiz
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Northridge Fashion Center
Emanuel Ruiz
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FOB: Women’s Shoes
Emanuel Ruiz
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Strengths • Strong brand equity • Strong advertising • Great variety
SWOT
Weaknesses • Lack of in-store promotion• Recovery/Appearance during Sales• Magic Score
Emanuel Ruiz
Opportunities• Heavy flow of in-store traffic
(Signature Business)• Online retail spending• AI Technology
Threats• Intense competition: JC Penney, Saks,
DSW, & Nordstrom• Lower price competition• Online vs In-Store
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Magic Score3 MTD as of June 13th : 37.8 (-13 LY)
Opportunities: Magic Selling MyClient
Emanuel Ruiz
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MAGIC SELLING
Emanuel Ruiz
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MAGIC SELLING• M = Meet and Make a Connection• A = Ask Questions and Listen• G = Give options and Give Advice
Coaching #1Meet and Make a Connection:
Approach the customer. Do not have the customer approach you.
Emanuel Ruiz
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MAGIC SELLING• M = Meet and Make a Connection• A = Ask Questions and Listen• G = Give options and Give Advice
Coaching #2Ask Questions and Listen:
Understand what customer is looking for and make sure to mention new ELS system.
Emanuel Ruiz
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MAGIC SELLING• M = Meet and Make a Connection• A = Ask Questions and Listen• G = Give options and Give Advice
Coaching #3Give Options and Give Advice:
Always offer Search and Send. Follow up with MyClient.
Emanuel Ruiz
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MYClient 2.0
Emanuel Ruiz
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MYClient 2.0
Emanuel Ruiz
Step 1: MyClient Certification
Step 2: Who to add on MyClient: - Repeat Customer- Search and Send Customers- Mismates Customers- Customers who purchase 2+ items
Step 3: Follow-up / Notify Specific Sales
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MYClient 2.0
Emanuel Ruiz
AFTERBEFORE
As of Period 5 Week 4:
YTD: Total Sales = 1,288,919MyClient Sales = 11,600 (<1%)
Period 5 Week 1-4 Week: # of Potential ConvertedTotal: 17 Clients
# of Potential Added: Total: 70 (24%)
As of Period 6 Week 2:
YTD: Total Sales: 1,513,853MyClient Sales: 24,672 (1.6%)
Period 5 Week 5 - Period 6 Week 2: # of Potential ConvertedTotal: 31 Clients
# of Potential Added: Total: 105 Clients (30%)
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MAGIC SCORE: Results
Emanuel Ruiz
3 MTD as of June 13th : 37.8 (-13 LY)
3 MTD as of July 21st: 52.3 (+3.6 LY)
14.5 point increase in 5 weeks
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15Emanuel Ruiz
SALSUM DMM Sales ReportPeriod 6: Women's Shoes Weeks 1-4
PTD-TY:
137.3
PTD-LY:
134.5
PTD-PL
141.4
4 DAYS LEFT!
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SWOT Analysis
Emanuel Ruiz
Strengths • Associates willingness to
help each other • Associates willingness to
learn and listen • Associates have the
product knowledge
Opportunities• Returning Customer• Specific Products Customers Buy
(Specialist)• Mismates
Threats• No MyClient Sales due to no option on
Ringer Mode• Lack of engaging w/ customers during
big rushes• No increase while at Summit (Period 6
Week 3)
Weaknesses • Part-time vs Full-time• Weekends / Sales• Ringer Mode
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Conclusion
Emanuel Ruiz
- Associates where very engaging
- Becoming an Associate before a Sales Manager
- Guiding Associates rather than telling them
- Associates having a positive impact in my development
- Ability to increase MyClient usage among WSD
- Ability to increase Magic Score in WSD
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Questions
Emanuel Ruiz