80. The Dead Inventory Scale

07/08/21 • 21 min

Stale inventory can bore your regular customers and hurt your bottom line. But deciding what to do with dead inventory can be tricky! Today, I’m sharing my three-stage system for dealing with tired items so that my store feels fresh—without just slapping a discount sticker on. For show notes, visit www.savvyshopkeeper.com/episode80

Learn more about Kathy Cruz and Savvy Shopkeeper at Savvy Shopkeeper

Follow Kathy on Instagram (@savvyshopkeeper)

Learn more about Kathy Cruz and Savvy Shopkeeper at Savvy Shopkeeper

Follow Kathy on Instagram (@savvyshopkeeper)

Previous Episode

79. Are Your Personal Opinions Hurting Your Retail Business?

We all have programmed thoughts that guide our day-to-day lives. No matter what age we are, these unintentional beliefs are always there, influencing our choices. Usually, our brains are trying to protect us from harm with these beliefs. But sometimes these thoughts can stand in our own way and keep us from growing.

The good news, though, is that we can choose what thoughts we believe. Today I’m sharing ten of the most common thoughts that hold us back from growing as shopkeepers, the evidence you need to stop believing them, and advice on how to work through the beliefs that aren’t serving you. For show notes and more, visit www.savvyshopkeeper.com/episode79

Learn more about Kathy Cruz and Savvy Shopkeeper at Savvy Shopkeeper

Follow Kathy on Instagram (@savvyshopkeeper)

Next Episode

81. Exit Strategy Part 1: Are You Building a Business With Value?

I talk about profit a lot—after all, the Savvy Shopkeeper slogan is work less, profit more! But I don’t talk about profit just for vanity or for making more and more money. It’s so much more than that.

Profit lets us compensate ourselves for our hard work, retire our spouses, and support our families. Profit makes us stronger business owners. Most of all, profit helps us build businesses that have value.

Whether you’re just starting your shop or you’ve run it successfully for years, you can create value in your business. Today I’m sharing six pieces that will help you build value and explaining why this is so important for the financial health of your store.

I’ve also got a special request for you—tune in to find out how you can be featured on an upcoming episode of the Savvy Shopkeeper Retail Podcast. For show notes, visit www.savvyshopkeeper.com/episode81

Learn more about Kathy Cruz and Savvy Shopkeeper at Savvy Shopkeeper

Follow Kathy on Instagram (@savvyshopkeeper)