196. New Revenue Streams Ideas For Your Retail Business
With host retail coach Wendy Batten
https://wendybatten.com/podcast-intro/
In This Episode:
I’m sure you’ve all heard the phrase “work smarter, not harder”- possibly even from me during this podcast! How have you applied that in your retail business? Are you wondering how you can expand your business in new ways without reinventing the wheel? In this episode, I’m sharing ways you can build your retail business by optimizing revenue streams that work for you and your brand.
In addition, this episode is FULL of specific examples of new revenue streams that fit into each area from subscriptions and memberships to ways to earn “other” income.
How will you know if a new revenue stream is a good fit for your retail business? We’ll work through that too! I’ll share some questions you’ll want to ask yourself before diving headfirst into something new.
It’s not about adding more to your plate, it’s about optimizing your business model.
If you are ready to grow your business using some of the tools you already have in place, this episode is for you. Let’s dive in!
Don’t miss Coaching Week inside the Retailer’s Inner Circle in February!
I’m providing a full week of live coaching in the Retailer’s Inner Circle February 19-23 - all you have to do is be a member! I will go live in our Facebook group going through the foundational principles of my signature course, Retail Made Simple, which as a member you will have full access to. Retail Made Simple has helped hundreds of retailers simplify their business from understanding financials to gaining confidence to manage your team. There is no better time than now to join me and other like-minded retailers. Let’s go!
Related podcasts we think you’ll like:
Episode 32: Retailer Success Series: Susanne Dropped a Huge Revenue Stream and Made More Profit
Episode 56: How to Add Additional Revenue Streams to Your Retail Business
Episode 66: Find Revenue Streams That Light You Up: Retail Success Series with Virginia Warner
About your host, Wendy Batten
In case we haven’t met yet, I’m Wendy, a small business coach and founder of the Retailer’s Inner Circle, where I help other independent shop owners learn how to gain the right business skillsets to see more profits, paychecks, and joy as they navigate running their retail business.
Through online classes, business coaching programs, speaking, and a top-ranked podcast, I’ve helped hundreds of retailers around the globe reclaim their dream and see the success they want from their beautiful shops. My signature private coaching community, The Retailer’s Inner Circle, has helped retailers around the world build their retail business skill sets and confidence.
I am proud to have been featured in several major publications, including my own business column in What Women Create magazine. I have been
privileged to be a guest on top-ranked podcasts and sought-after as a guest speaker and teacher for several brands, associations, and communities that are passionate about the success of independent retailers.
When I’m not coaching, you will find me either DIYing and renovating my very imperfect old crooked cottage by the sea in the UNESCO World Heritage town of Lunenburg, NS, or blogging about our travel and RVing adventures and the weird fun things we get up to in our coastal village. I’d love to invite you to check out one of my free resources for real retailers at https://wendybatten.com/free-resources/
For more support from Wendy
Retailer’s Inner Circle - Join Wendy inside the best retailer’s community
Hang out and connect with Wendy on IG
All of Wendy’s programs and services for shop owners can be found HERE.
Are you subscribed to my podcast? If you’re not, I’d love you to consider it. Subscribing means you won’t miss an episode! Click here to subscribe to iTunes!
If you want to be more of a rockstar, I’d love it if you could leave a review over on iTunes as well. Those reviews help other retailers find my podcast and they’re also fun for me to go in and read. Just click here to review, select “Ratings and Reviews” and “Write a Review” and let me know what your favorite part of the podcast is. So grateful for you! Thank you!