Boutique Chat

The Boutique Hub with Ashley Alderson

Explore real-life strategies, growth hacks, and proven marketing advice through powerful interviews with top leaders and retailers in the retail industry. Join Ashley Alderson, the Founder of The Boutique Hub, as she talks with retailers, boutiques, wholesale brands, vendors, and industry insiders. Discover the invaluable secrets that have propelled companies to success while maintaining a healthy balance between life and business. Embrace the spirit of Community over Competition, and uncover the next great idea or connection for your small business.

  1. 2일 전

    Five Minute Friday: Why Your Boutique Needs Live Selling (and How to Start Today)

    In this episode of Five Minute Friday, we’re answering one of the most asked questions inside the Boutique Hub: How do I go live and sell? If you’ve been nervous about starting live selling, or you’re not sure where to begin, this episode gives you the confidence and tools to just start. Live selling is one of the fastest ways to grow your boutique sales, engage your customers, and create urgency online. 🔑 Key Takeaways: Why Go Live? Live selling helps you connect with customers beyond your store hours. Creates urgency and FOMO that drives faster purchases. Lets customers see the real you and builds trust. How to Start Selling Live Don’t wait for perfect — start raw and authentic. Educate your customers on how to comment, claim, and pay. Choose the right platform (Facebook, Instagram, apps like CommentSold). Tools You Need to Succeed A tripod, ring light, strong internet, and hang tags for items. Optional: an assistant or fit models to show sizing and keep things moving. Marketing Your Live Sales Promote with texts, emails, and teaser posts. Be on time — just like you would opening your store. Repurpose your live by reposting or using watch parties to extend reach. Pro Tips to Boost Engagement Aim for at least 60 minutes to maximize watch time and sales. Play games, offer giveaways, and call on friends to comment and boost engagement early. Reward your community and have fun — customers buy when they enjoy spending time with you. Not a member yet? These are the kinds of strategies waiting for you inside the Hub to help you grow smarter.   Want more? Join the Boutique Hub: https://tbhub.co/podcastjoin

    12분
  2. 8월 15일

    Five Minute Friday: Your Inventory Is Cash—Here’s How to Turn It Faster

    In this episode of Five Minute Friday, we’re continuing our Know Your Numbers series by breaking down another retail metrics—your turn—and how it directly impacts your cash flow and profit. If you’ve ever had great margins on paper but no cash in the bank, this episode will show you how to calculate your turn, understand how quickly your inventory “spoils,” and apply strategies to move product faster so you can keep money flowing through your business. 🔑 Key Takeaways: Understand What Turn Really Means Learn the definition of turn rate and how it measures how many times you sell through your inventory in a given period. Understand why a high margin doesn’t always mean more cash—and why turn is a better cash flow indicator. How to Calculate Your Turn Use the simple formula: Total Sales ÷ Average Inventory at Retail. Identify your category benchmarks (e.g., women’s fast fashion: 5–6 turns/year; luxury: 3.5–4.5 turns/year; home & gift: slower turns). Prevent “Spoiling” Inventory Learn the expiration dates for your category’s inventory and when to take markdowns to free up cash. Recognize when merchandise is aging past its prime and how to move it before it becomes dead stock. Pro Strategies to Improve Turn Track your on-hand inventory monthly to know exactly how much cash is tied up on the floor. Invest in faster-turning categories to improve ROI. Use marketing tools—social media, email campaigns, store placement—to push slow movers before resorting to markdowns. Not a member yet? These are the kinds of strategies and tools waiting for you inside the Hub to help you grow smarter. Want more? Join the Boutique Hub: https://tbhub.co/podcastjoin

    9분
  3. 8월 8일

    Five Minute Friday: Know Your Numbers - Where to Find Your KEY Retail Metrics & Formulas

    In this episode of Five Minute Friday, we’re continuing our Know Your Numbers series by showing you how to find the most important retail metrics inside your POS, financial reports, and analytics tools. Before you can improve your numbers, you need to know where to find them. This episode gives you the step-by-step to locate data like inventory, markdowns, traffic, and sales—so you can confidently apply the formulas that drive profit. 🔑 Key Takeaways: Know Where to Find Your Metrics Learn how to locate your on-hand inventory at cost and retail inside your POS or inventory reports. Find your operating expense % inside your Profit & Loss statement and calculate your markdown % using sales by discount reports. Get Clear on Traffic and Transactions Use Google Analytics to track e-commerce visitor data and a door counter for in-store foot traffic. Pull your daily transactions, sales by units, and total dollars from your POS sales reports. Prep for the Profit-Driving Formulas Ahead Discover how to calculate average inventory at retail and get the foundational numbers you’ll need for metrics like IMU, inventory turn, and more. Pro tip: Use Shopify’s ABC Product Analysis Report or Inventory Snapshot to get both cost and retail values in one place. __________________________________________________________ Not a member yet? These are the kinds of resources waiting for you inside the Hub to help you grow smarter. Want more? Join the Boutique Hub: https://tbhub.co/podcastjoin

    6분
  4. 8월 1일

    Five Minute Friday: Know Your Numbers - Do You Have a Traffic Problem or a Sales Problem?

    In this episode of Five Minute Friday, we’re continuing our Know Your Numbers series by highlighting one of the most powerful tools in your retail business: conversion rate. Your conversion rate isn’t just a performance stat—it’s your daily truth teller. When you track it consistently, it helps you identify whether you need more traffic or better in-store or online performance to grow your sales. 🔑 Key Takeaways: Use Conversion to Clarify What’s Really Happening Learn how to calculate conversion rate by dividing transactions by foot traffic or web visitors. Discover how this one metric helps you determine if you have a traffic issue or a sales opportunity. Stop Guessing—Start Tracking Track traffic daily with a door counter or Google Analytics. Use fluctuations to identify patterns and shifts in customer engagement. Diagnose Performance and Improve Strategy If traffic is steady but conversion is low, focus on improving in-store experience, team training, and product relevance. If conversion is high but traffic is down, prioritize driving new visitors to your store or site. Leverage Boutique Hub Tools for Smarter Growth Members can access the Traffic Formula Tool to calculate how much traffic you need to hit your sales goals based on your conversion rate. Not a member yet? This is the kind of tool available inside the Hub to help you grow with clarity and confidence. Bottom line: When you track conversion rate, you stop making excuses and start making data-driven decisions. It’s the key to understanding what’s working—and where to focus next. Tune in and take back control of your daily performance. Want more? Join the Boutique Hub: https://tbhub.co/podcastjoin

    5분
4.9
최고 5점
855개의 평가

소개

Explore real-life strategies, growth hacks, and proven marketing advice through powerful interviews with top leaders and retailers in the retail industry. Join Ashley Alderson, the Founder of The Boutique Hub, as she talks with retailers, boutiques, wholesale brands, vendors, and industry insiders. Discover the invaluable secrets that have propelled companies to success while maintaining a healthy balance between life and business. Embrace the spirit of Community over Competition, and uncover the next great idea or connection for your small business.

좋아할 만한 다른 항목