Retail Growth Hacks

By: Paul Watkins
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  • Summary

  • Struggling to grow your retail store? This podcast discusses the myriad of ways you can grow your retailling profits. There is no king hit for retail growth, it's a matter of attending to a range of little things, mostly FREE, which cumulatively give you the profit growth you are after.
    Paul Watkins
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Economics Marketing
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Episodes
  • Why do so many retail stores fail? Its mostly of their own making!

    Why do so many retail stores fail? Its mostly of their own making!
    Jun 16 2022

    Right now many stores have had to close their doors due to the pandemic, but in other cases, it was due to their own mistakes. This episode covers the number one reason I have observed as to why so many retail stores fail. 
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    6 mins
  • Focus on spend, not customer numbers

    Focus on spend, not customer numbers
    Jun 16 2022

    More customers would be nice, but getting each one to spend more is far easier to achieve. A 10% growth in average spending will give you a far better ROI than a 10% growth in customers as the ways to achieve this are generally FREE! 
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    6 mins
  • Why discounting or running sales are a disaster

    Why discounting or running sales are a disaster
    Jun 15 2022

    Discounting or running a sale are the greatest ways to kill your profits. You might temporarily increase foot traffic to your retail store but your profits will seriously suffer. Let me explain. 
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    3 mins

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