Retailer Profitability Model for Retailers: 03. Reducing Expenses

Retailer Profitability Model for Retailers: 03. Reducing Expenses is an elearning course that demonstrates how to reduce expenses and create revenue. We know that revenue minus expenses equals profit which means there are two ways to increase profit: reducing expenses and generating revenue. In this course, we’ll look at the many ways to cut costs. We’ll go over reducing the costs of goods sold, labor costs, direct expenses, general and administrative costs, and advertisement expenses.

This course is from our series on Retailer Profitability Model for Retailers. It includes a video with audio narration, downloadable materials, and a quick quiz. Take this course along with others in the series, and you’ll learn to maximize retail profits effectively.