Bringing Business to Retail

Salena Knight | Retail & Ecommerce Growth Strategist

Want a business that fills your soul AND your bank account? Retail Strategist Salena Knight, shares information, inspiration and interviews with business leaders, to help you create a more profitable, sustainable and dynamic retail or eCommerce business.

  1. MAR 24

    How to Charge Double for Paper Plates (And Have Customers Thank You)

    What makes someone pay more for the same product? That question sits at the heart of this episode. In this wide-ranging conversation, Salena and Matt dive into what separates a premium brand from a commodity business, why experience matters just as much as the product, and how smart retailers use positioning to make price feel justified. They also explore something most people avoid talking about: the emotional baggage around money. Especially for founders who grew up believing rich people were greedy, charging more can feel uncomfortable, even when the business and the customer experience support it. This episode covers: Why customer experience is your real competitive edge How price anchoring changes the way people perceive value Why premium brands performed better when consumer spending tightened What retailers can learn from Apple's in-store experience How to hire people who buy into the brand, not just the paycheck Why your team does not need to think like a founder How mission makes it easier for staff to stay engaged Why making more money gives you more choices and more impact Key Takeaways Customers do not buy features first. They buy solutions in their own language. The same product can command a higher price when the buying experience is easier, faster, or more complete. Price anchoring works because the first number customers see becomes their mental benchmark. Premium does not mean luxury. It means there is a clear reason your offer is worth more. Founders need teams who align with the vision, not clones who think exactly like them. Hiring for culture and values matters just as much as skill in many roles. Money without mission feels hollow. Mission without money struggles to survive. ---- This episode originally aired as a guest conversation on The eCommerce Podcast with Matt Edmundson. Matt asks sharp questions, cuts through fluff, and brings on guests who actually know what they're talking about. You can check out his show here: https://www.ecommerce-podcast.com/

    53 min
  2. MAR 19

    Why So Many Retail Businesses Grow Broke

    Most business owners do not fail because they are bad at business. They fail because no one taught them how money actually works inside a growing retail or ecommerce brand. In this episode, Salena unpacks the real financial blind spots that hold founders back, including inventory sitting on shelves as trapped cash, contribution margin mistakes, hidden fulfillment costs, and the dangers of building your business around your own money bias instead of your customer's values. This is an honest conversation about cash flow, financial clarity, and the difference between looking profitable and actually being profitable. In this episode, you'll learn: Why cash flow is one of the biggest blind spots in retail and ecommerce The simple way to think about business finance without getting lost in accounting jargon Why inventory is not just stock, it is cash sitting on your shelves How businesses can grow revenue and still end up broke What contribution margin really reveals about the health of your business The hidden costs that distort your real profit per order Why convenience can be a powerful profit lever How founders project their own money beliefs onto customers without realizing it Why luxury customers respond differently to pricing and promotions The first question Salena asks every client before strategy even begins Key takeaway: Before you fix the numbers, you have to understand what you actually want the business to do for you. ---- This episode originally aired as a guest conversation on The Unofficial Shopify Podcast with Kurt Elster. Kurt asks sharp questions, cuts through fluff, and brings on guests who actually know what they're talking about. You can check out his show here: unofficialshopifypodcast.com

    25 min
4.6
out of 5
8 Ratings

About

Want a business that fills your soul AND your bank account? Retail Strategist Salena Knight, shares information, inspiration and interviews with business leaders, to help you create a more profitable, sustainable and dynamic retail or eCommerce business.

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