You know that feeling when you team up with a boutique bestie who just gets it, and you can talk all things industry knowing that they know exactly what you’re talking about? Well, I get to experience that today as I chat with my boutique bestie, Ulla Hald! Ulla is the founder of Faves, which many of you know and use for planning inventory and managing purchase orders once you’ve bought at market or any online platform.
In this episode, we’re walking through what successful retailers using Faves all have in common, as well as what you can learn about better management of inventory (which is arguably one of the toughest challenges that boutique owners face). Ulla and I are also giving you a little sneak peek special announcement on our new platform, Hubventory, that you definitely don’t want to miss—and that I know will make your life a whole lot easier!
>>How To Manage Your Boutique’s Inventory– LISTEN NOW ON iTunes <<
>>How To Manage Your Boutique’s Inventory– LISTEN NOW ON Spotify <<
See the Full Boutique Chat Podcast Website here
Watch the interview on YouTube:
What You’ll Learn From How To Manage Your Boutique’s Inventory
- The backstory behind Faves.
- What makes boutiques successful at inventory management.
- The common mistakes that everyone makes.
- What successful buying looks like.
Resources Featured In This Episode:
- Ulla Hald: Website
- Hubventory.com
Favorite Quotes from Ulla Hald
“Successful buying starts before you go.” – Ulla Hald [5:50]
“It’s fun to be in market, but it’s a serious investment you’re out there doing.” – Ulla Hald [11:00]
“Buying doesn’t stop just because you leave market.” – Ulla Hald [11:30]
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 @theboutiquehub to suggest topics for the podcast and let us know what you thought about this episode!
Do you love the Boutique Chat Podcast?! Subscribe to our podcast and after that, leave us a review on iTunes Apple Podcasts here!
Original Air Date: September 20th, 2022
Do you love the details of How To Manage Your Boutique’s Inventory? Let us know what you think about our show and help spread the word about the #BoutiqueChat Podcast.
Recent Posts:
- Turn Overstock Into Opportunity: How Max Retail Helps Boutique Owners Recoup Their Wholesale Costs
Got past-season styles still sitting on your shelves? Max Retail helps boutique owners turn leftover inventory into cash—fast. With access to 400+ million shoppers across 20+ e-commerce sites, you can recoup your wholesale costs without slashing prices or risking your brand reputation. Read the full blog to learn how Max Retail is helping 2,500+ retailers like you sell smarter. - Holiday Merchandising Must-Haves for Small Business OwnersSeasonal merchandising during the holidays can make a significant difference in your business’s success. It’s not just about offering the right products; it’s also about creating a festive and inviting atmosphere that draws customers in and encourages them to make purchases. In this blog, we’ll explore some holiday merchandising essentials for small business owners, along with tips on why they are essential for your success.
- How to Get Rid of Unsold Inventory (Without Losing Profit!)If you’ve ever stared at a rack full of last season’s styles and thought, “What am I going to do with all this?” you’re not alone. Every boutique owner faces the challenge of managing slow-moving or unsold inventory. But the good news? That stock doesn’t have to collect dust or drain your cash flow. Inside… Read more: How to Get Rid of Unsold Inventory (Without Losing Profit!)
