The Advantages of Ethical Retail

Retailing The advantages of ethical retail argon as follows Higher revenues. Improved Brand, Business Aw atomic number 18ness and Recognition. Better employee pauperism and Recruitment. There argon several ethical issues to be considered in sell. To be a throughly ethical-concerned company, we are spillage to take some beions to guarantee everyone from the owners to employees in our company know and understand what is ethic and make sure they act ethically during the daily selling practice. 1. Mutual integrity A rough- omission integrity environs is expected to establish in our company.Employees are wishingful to be open when dealing with the business and with their co-workers. While the business,its owners and gayagement should be honest in dealing with them. And our company, including owners and employee are required to be honest and ethical when dealing with customers. 2. Development of ethical standards Retail salespeople need guidelines on ethical issues. An ethical st andards will be developed and posted by the ethical department. Some amour simple which commits the business and its employees to certain behavior ought to be clear and complete to provide a guide to day to day decisions.Because it is represent that some salespeople are not aware what is ethical issues, what is the the right thing and what is not. Besides some common sense to the highest degree ethical issues, thither are some misconducts will be listed that they may be not realized. Charge full price for a sale item without the customers knowledge. jadet tell the complete truth to a customer about the characteristics of a product. Sell more expensive product when a little expensive product would be better for the customer. Dont cleft information to the customer about an upcoming sale.Make excuses to customers about unavailable swap when merchandise is not in stock or is sold out. dupe return from customers when you believe the item should not be accepted. Give invidious tr eatment to certain customers. Give your employee cut to your friends Sell merchandise that is not of good quality. Dont Use the Customer Information in private or in other business activities. Employees are required to look on it and act it accordingly. 3. Fair workload employers in our company also need to provide a good working situation for the employees.No excessive gouge and workload of the job are allowed to put on salespeople, which place them in uncomfortable situation. 4. Good ethics demonstration Employers are needed to be ethical-concerned firstly. Employees may follow the behaviors of employers. Poor ethics demonstrated by ourselves or senior management can educate others that the business is prepared to cut corners or deal in areas of grey between what is right and what is wrong. This leads to employees themselves spare-time activity this behavior and acting against the business but doing no worse than they take seen a more senior person do.When comes to social res ponsibility and environment concerned,we are going take some actions in our daily retail practice. 1. Better inventory management Inventory management is the process of expeditiously overseeing the constant flow of units into and out of an existing inventory. It helps in controlling the personify associated with the inventory. Since our warehouse where our inventories placed are not located near our sell store, it needs vehicles to transfer the products when they needed.Through a better inventory management, we can lessen the times of transportation, so as to reduce the pollution of the environment and cost at the same time. 2. Shorten opening time reasonable As it known to all,electricity and pee are used during opening time of retailing store. However, electricity are wasted during low consumer flow when only fewer people in the store. An investigation is conducted to show the consumer flow statistics and we are going to rearrange our opening time accordingly to reduce the el ectricity and water consumption.Environmental friendly packaging Over-packaging or packaging with no-environment friendly material are also needed to be eliminated concerning of environment. Therefor, switching over to environment friendly packaging materials is our first step. Recycle Bags are going to sell in low price in our retailing store instead of elastic bags. Consumers who bring the bag back can have 10% discount at all items. It is a good way to avoid tensile pollution, in the other hand, it is also a good promotion way. 4. set about activities that are beneficial to the societyTo build good ethical-concerned image of our company, we plan to endeavor activities that are beneficial to the society. For example, this flavor, our theme is about pets. We consider to join a series of activities held by PETA, People for the Ethical Treatment of Animals, it is the largest animal rights face in the world, with more than 3 million members and supporters. To show our company i s animal-friendly, we are going to join Shopping Guide to Compassionate Clothing Vegan Companies of PETA, which defines as company sells only animal-friendly, cruelty-free products. Promotion 1.Public-interested ad Public-interested advertisements about every seasons ethical emphasis are going to made. This season,considering our brand is sportswear and the ethical emphasis is animal rights, we are going to place our advertisements at the paths and space specially for pets and their owners, for instance Wan Dog Park, Pet World, flake off Rise, Discovery Bay, Sai Kung, Clearwater Bay and so on. Considering our target customers who are animal-lovers , they play with their pets in casual wear. They may be attracted by our public-interested ad a man in our clothing playing with dogs harmoniously.