Ask @RetailPhil: Balancing the Success of Your Product Assortment at Different Price Points
Aug19

Ask @RetailPhil: Balancing the Success of Your Product Assortment at Different Price Points

We’ve seen department stores suffer from a drop in sales in handbags because consumers are opting to buy them elsewhere for much cheaper. Retailer behaviour aside, as a brand, a lot can be learned regarding how to approach your assortment and where you (should) place it.

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6 Bullet-Proof Tips that Will Make Asking for Funding Less Scary and More Profitable
Aug19

6 Bullet-Proof Tips that Will Make Asking for Funding Less Scary and More Profitable

Last week, we wrote about creative ways to fund your product idea whether you’re just getting started or looking to expand your existing line. But whatever avenue you choose, you need to be able to tell your story effectively. Convincing people to give you their hard-earned money in support of your dream is one of the bravest things a new entrepreneur must do. This week, let’s dig deeper…

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Sears’ Downfall: 4 Hard Truths to Learn from the Struggling Retailer
Aug15

Sears’ Downfall: 4 Hard Truths to Learn from the Struggling Retailer

Employees are now predicting that it’s only a matter of time before Sears’ complete demise. Whether their predictions are right or not, much can be learned from what they say is going horribly wrong, both at a corporate and store level.

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The Entrepreneur’s Ultimate Guide to Hiring Your First Employee
Aug12

The Entrepreneur’s Ultimate Guide to Hiring Your First Employee

We get it – your business is like your baby; you’ve grown it from nothing and now you want to protect it. But hiring your first employee is a really exciting time and speaks to how well you’re running the place! Take a moment to pat yourself on the back, and then get ready to build a sturdy hiring process with us and ensure you find someone who’s going to treat your baby as well as you do…

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Ask @RetailPhil: Why are Laundry Detergent and Dog Food Found on the Same Shelf?
Aug11

Ask @RetailPhil: Why are Laundry Detergent and Dog Food Found on the Same Shelf?

Recently, we talked about 6 things to do to get on a retail buyer’s good side. Now let’s dig a little deeper – what are the 6 things a buyer is thinking about when you’re pitching your product to them?

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Entrepreneurs, Fund Your Product Idea Through These 5 Creative Avenues
Aug11

Entrepreneurs, Fund Your Product Idea Through These 5 Creative Avenues

Convincing people to give you their hard-earned money in support of your dream is one of the bravest things a new entrepreneur must do. But there are many avenues to explore in order to get funding. Here’s the a few broken down for you so it’s a little less scary and more exciting!

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