Today our host Ashley Alderson, CEO of the Boutique Hub, tells us how boutiques can prepare for the holidays. The fourth quarter can be overwhelming, but Ashley is here to give you tips on how can come out profitable and still make time to enjoy the holiday season.
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Main Points in How Boutiques Can Prepare for the Holidays
- Focus on margins, not just gross sales and revenue.
- Know the difference between a sale and a promotion.
- What is your top upsell category? Is it accessories, home, jewelry, etc?
Favorite Quotes in Tips to Boost Sales During Summer Slowdowns
“Make sure you’re running promotions not sales.” -Ashley
One of the biggest mistakes businesses make in the fourth quarter is focusing on gross sales and revenue more than focusing on margin. It’s not about how much you sell.” -Ashley
Resources Mentioned:
Be featured on our call-in episode, drop your audio recorded question here: https://theboutiquehub.typeform.com/to/DHUo9SsJ
Holiday Marketing Masterclass: https://retailbootcamp.mykajabi.com/holidaymarketingmasterclass
Get more tips and Boutique Hub updates from Ashley on Instagram!
Learn more about Hubventory here: https://hubventory.com/
Join the Hub for more training, information, and connections.
www.theboutiquehub.com/join
Use the hashtag #AskAshley on Instagram, or tag her at @ajalderson or @theboutiquehubto suggest topics for the podcast and let us know what you thought about this episode!
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Original Air Date: August 31st, 2021
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