Hardware Retailing

NOV 2017

Hardware Retailing magazine is the pre-eminent how-to management magazine for small business owners and managers in the home improvement retailing industry.

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Page 24 of 78

NRHA News W hile you're working hard to bring customers to your business, send products out the door and run the back end of your operations smoothly, NRHA is looking at the bigger picture for you. Each year, your association conducts research for several industry studies, reports, events and Hardware Retailing stories. Below are a few ways home improvement retailers can benefit from industry research. Use Research Reports to Generate New Ideas The Merchandising for Profit Study helps you evaluate your current tactics and inspire new ways to organize your store. The Social Media Study may encourage you to test a new platform, and you can evaluate the way you advocate for shopping local using the Home Sweet Home Study and Home Sweet Home Pros' Edition. Benchmark Your Business Against Industry Averages The annual Cost of Doing Business Study is a time-tested resource that allows retailers to compare their businesses to average and high-profit independent home improvement stores in key areas like sales volume, average transaction size and foot traffic. Adapt to the Changing Retail Industry At the 2017 State of Independents Conference, NRHA will unveil brand new research addressing trends in retailers' use of online platforms, like websites and social media for their business, and how this compares to what customers expect from home improvement retailers. Research like this helps the industry stay current with today's online environment. You Can Get Involved! If you're interested in participating in NRHA research studies, join the Retailer Research Panel at TheRedT.com/join-the-panel. As a participant, you'll be asked to complete monthly surveys and will receive exclusive access to research and chances to win gift cards. You can also attend the 2017 State of Independents Conference to connect with manufacturers, distributors and retailers and hear research presentations addressing the state of the industry. How Research Can Help You Succeed Research Roundup Download these reports and more at TheRedT.com/research-roundup. Get more information: Blufi xx 3D Systems LP / Call +1 713 325 9130 / info@blufi xx.us / www.blufi xx.us Fill up damage with gel Harden up by blue light Rework ... and done! Fill up damage with gel 1 Harden up by blue light 2 3 WINNER 2017 ... in a fl ash, with a fl ash! Easy, smart and on the spot! Repairs nearly all kinds of surface damage ... MADE IN GERMANY

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