Episode Synopsis "Retail Terminology "
For the first episode of Retail Therapy Ethan is dives right into some retail terminology such as ADS, UPT, Conversion, and credit and loyalty goals. This is the grounds of all retail talk in future episodes and he will be referring to these terms many of times when discussing different topics. ADS- Average Dollar Sale UPT- Units Per Transaction Conversion- Traffic/Transactions Credit Goal- 2.5% Loyalty Goal- 10% These are the ground rules and terminology to what Ethan will be discussing and you will hear these things many times throughout various episodes. We know it is a short one but we hope you all enjoy the first episode of Retail Therapy.