--- title: Five Ps of Hotel Retail description: Do you know the Five Ps of Hotel Retail? A properly managed market or pantry can earn the equivalent profit of selling one to three additional rooms at your ADR. image: http://www.tradavo.com/hubfs/5%20PS%20%282%29-1.png --- [![TRADAVO](https://www.tradavo.com/hs-fs/hubfs/Tradavo%20Workdmark-4.png?width=779&height=203&name=Tradavo%20Workdmark-4.png "TRADAVO")](https://www.tradavo.com) [![Sign Up](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/423/80defbd7-0814-4d64-b870-c4005068e2de.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/423/80defbd7-0814-4d64-b870-c4005068e2de) [![Log In](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/423/42d1cd9e-959e-4cd5-9790-fa532eb92b23.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/423/42d1cd9e-959e-4cd5-9790-fa532eb92b23) # Tradavo Advice ## [Five Ps of Hotel Retail](https://www.tradavo.com/blog/five-ps-of-hotel-retail) Posted by [Hannah Walters](https://www.tradavo.com/blog/author/hannah-walters) Wed, Apr 05, 2017 @ 16:04 PM - [Tweet](https://twitter.com/share)   ![5 PS (2)-1.png](https://www.tradavo.com/hs-fs/hubfs/5%20PS%20(2)-1.png?width=560&height=315&name=5%20PS%20(2)-1.png) A properly managed market or pantry can earn the equivalent profit of selling **one to three additional rooms** at your ADR. Every square foot of your lobby has great earning potential and the lobby retail space should be managed and maintained with as much care as a guest room.  ## For a Highly Profitable Market or Pantry,  ##  Follow The Five Ps of Hotel Retail **[Pricing](https://www.tradavo.com/managed-retail?hsCtaTracking=d36c7ba1-5d7f-49f9-90ae-7d1690cfd7c9%7C2c274f8d-fbb7-4c36-b720-eee73b535718&__hstc=250049177.ae93cf9d238bd1ddecd85593186c1bf7.1488578917954.1490239301849.1490242551930.9&__hssc=250049177.1.1490242551930&__hsfp=158113565) ** Many hoteliers use keystone pricing which leaves money on the table or depresses sales. There must be a strategic pricing plan that delivers at least a 55% volume weighted gross margin for the entire retail space.  [**Planogram**](https://www.tradavo.com/managed-retail?hsCtaTracking=d36c7ba1-5d7f-49f9-90ae-7d1690cfd7c9%7C2c274f8d-fbb7-4c36-b720-eee73b535718&__hstc=250049177.ae93cf9d238bd1ddecd85593186c1bf7.1488578917954.1490239301849.1490242551930.9&__hssc=250049177.1.1490242551930&__hsfp=158113565) A planogram will maximize your merchandisable space based on your guest profile, local fare, and sales data. Having a customized and maintained planogram is critical for your retail success.   [**Product Placement**](https://www.tradavo.com/managed-retail?hsCtaTracking=d36c7ba1-5d7f-49f9-90ae-7d1690cfd7c9%7C2c274f8d-fbb7-4c36-b720-eee73b535718&__hstc=250049177.ae93cf9d238bd1ddecd85593186c1bf7.1488578917954.1490239301849.1490242551930.9&__hssc=250049177.1.1490242551930&__hsfp=158113565) Use a shelf management system (SMS) on all shelves (including fridges and freezers) to keep your market looking bountiful, organized, and fresh. It maximizes shelf space, maintains a professional presentation, and displays products in a way that directly appeals to the guest.  [**Product Ordering**](https://www.tradavo.com/supply?hsCtaTracking=02ba46d7-e9c6-4da8-8e19-b730af8e7b82%7C33d9326d-32a7-44a3-86e4-fc444ceb9842&__hstc=250049177.ae93cf9d238bd1ddecd85593186c1bf7.1488578917954.1490239301849.1490242551930.9&__hssc=250049177.22.1490242551930&__hsfp=158113565) Keep your shelves stocked by planning ahead for expected occupancy levels. Orders should be made weekly or bi-weekly, depending on movement (or contact us about our *auto-replenishment program*). If there are gaps where product should be, guests will assume the market or pantry is not regularly attended to, making items less appealing for purchase. **[Product Sourcing](https://www.tradavo.com/supply?hsCtaTracking=02ba46d7-e9c6-4da8-8e19-b730af8e7b82%7C33d9326d-32a7-44a3-86e4-fc444ceb9842&__hstc=250049177.ae93cf9d238bd1ddecd85593186c1bf7.1488578917954.1490239301849.1490242551930.9&__hssc=250049177.22.1490242551930&__hsfp=158113565) ** Product sourcing should be very quick and simple.  Utilize a rich e-commerce platform -- one that simplifies shopping, manages the planogram shopping list, and handles credit card or billing terms. Or find a supplier who will do the ordering for you. The siren song of low pricing at the club store works against your goals of earning high revenues and profits.   --- ### **Are you ready to earn higher revenue?** Click below to maximize your retail space,obtain **higher profit margins** and **increase guest satisfaction!**  [![Contact Tradavo Today!](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/423/8fefc3ab-a668-42e9-b14f-3c0488077665.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/423/8fefc3ab-a668-42e9-b14f-3c0488077665)     Topics: [hotel pantry](https://www.tradavo.com/blog/topic/hotel-pantry), [wholesale products](https://www.tradavo.com/blog/topic/wholesale-products), [Market](https://www.tradavo.com/blog/topic/market), [retail management](https://www.tradavo.com/blog/topic/retail-management), [F & B](https://www.tradavo.com/blog/topic/f-b), [Hotel](https://www.tradavo.com/blog/topic/hotel), [Ps](https://www.tradavo.com/blog/topic/ps), [Retail](https://www.tradavo.com/blog/topic/retail) ### Subscribe to our blog! ### Recent Posts ### Posts by Topic - [hotel pantry (15)](https://www.tradavo.com/blog/topic/hotel-pantry) - [wholesale products (11)](https://www.tradavo.com/blog/topic/wholesale-products) - [wholesale snack distributor (10)](https://www.tradavo.com/blog/topic/wholesale-snack-distributor) - [Tradavo CEO (8)](https://www.tradavo.com/blog/topic/tradavo-ceo) - [hotel supplier (8)](https://www.tradavo.com/blog/topic/hotel-supplier) - [retail advice (8)](https://www.tradavo.com/blog/topic/retail-advice) - [Bobby Martyna (7)](https://www.tradavo.com/blog/topic/bobby-martyna) - [Tradavo (7)](https://www.tradavo.com/blog/topic/tradavo) - [F & B (4)](https://www.tradavo.com/blog/topic/f-b) - [Market (4)](https://www.tradavo.com/blog/topic/market) - [club store (4)](https://www.tradavo.com/blog/topic/club-store) - [wholesale ice cream (4)](https://www.tradavo.com/blog/topic/wholesale-ice-cream) - [Hotel (3)](https://www.tradavo.com/blog/topic/hotel) - [inventory (3)](https://www.tradavo.com/blog/topic/inventory) - [nestle (3)](https://www.tradavo.com/blog/topic/nestle) - [out of stock (3)](https://www.tradavo.com/blog/topic/out-of-stock) - [retail management (3)](https://www.tradavo.com/blog/topic/retail-management) - [retail pricing (3)](https://www.tradavo.com/blog/topic/retail-pricing) - [wholesale ben and jerry's (3)](https://www.tradavo.com/blog/topic/wholesale-ben-and-jerry39s) - [wholesale haagen dazs (3)](https://www.tradavo.com/blog/topic/wholesale-haagen-dazs) - [Retail (2)](https://www.tradavo.com/blog/topic/retail) - [hospitality (2)](https://www.tradavo.com/blog/topic/hospitality) - [planogram (2)](https://www.tradavo.com/blog/topic/planogram) - [wholesale cookies (2)](https://www.tradavo.com/blog/topic/wholesale-cookies) - [BJ's (1)](https://www.tradavo.com/blog/topic/bj39s) - [Brent & Sam's (1)](https://www.tradavo.com/blog/topic/brent-sam39s) - [Business (1)](https://www.tradavo.com/blog/topic/business) - [Consumer Products (1)](https://www.tradavo.com/blog/topic/consumer-products) - [Costco (1)](https://www.tradavo.com/blog/topic/costco) - [Fall (1)](https://www.tradavo.com/blog/topic/fall) - [Fancy Food Show (1)](https://www.tradavo.com/blog/topic/fancy-food-show) - [Lobby Retail (1)](https://www.tradavo.com/blog/topic/lobby-retail) - [Preparing for Full Occupancy (1)](https://www.tradavo.com/blog/topic/preparing-for-full-occupancy) - [President and CEO (1)](https://www.tradavo.com/blog/topic/president-and-ceo) - [Ps (1)](https://www.tradavo.com/blog/topic/ps) - [SRPs (1)](https://www.tradavo.com/blog/topic/srps) - [Sam's Club (1)](https://www.tradavo.com/blog/topic/sam39s-club) - [Travel (1)](https://www.tradavo.com/blog/topic/travel) - [backstock (1)](https://www.tradavo.com/blog/topic/backstock) - [deter shoplifting (1)](https://www.tradavo.com/blog/topic/deter-shoplifting) - [lean cuisine (1)](https://www.tradavo.com/blog/topic/lean-cuisine) - [retail science (1)](https://www.tradavo.com/blog/topic/retail-science) - [wholesale stouffer's (1)](https://www.tradavo.com/blog/topic/wholesale-stouffer39s) [see all](https://www.tradavo.com/blog/five-ps-of-hotel-retail#) - [home](https://www.tradavo.com/) - [about](https://www.tradavo.com/AboutUs) - [contact](https://www.tradavo.com/Contact) Copyright © 2007-2013 Tradavo