Ever wondered why your sales are stuck in first gear – and what you can actually do to shift them?
I'm Catherine Erdly and this episode of the Resilient Retail Game Plan drills into three mistakes I see again and again with small product businesses. If you’re posting on Instagram, trying in-person markets, running the odd promotion yet still seeing stubbornly flat sales month after month, you’re not alone. I draw on 25 years in retail, from big business stockrooms to indie brands, to break down what’s really holding back your growth – and what needs to change if you want momentum, not just busy work.
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Let’s turn product business advice into action: DM me your thoughts or episode ideas on Instagram @resilientretailclub. If you’re finding the retail podcast UK series useful, hit follow and leave a rating – it’s the best way to help more makers and shop owners discover the Resilient Retail Club podcast.
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In today's episode, we're going to walk you through three mistakes that keep small product
Speaker:businesses stuck and how to avoid them so you can finally start building
Speaker:real momentum. If you feel like your sales are stuck
Speaker:in first gear, then this episode is for you.
Speaker:Maybe you're showing up on Instagram, perhaps you're boosting posts
Speaker:sporadically, perhaps running the promotion, maybe you're
Speaker:going to events or in person markets. But when you look at your
Speaker:revenue, it's still seems like you're pretty much always stuck in the
Speaker:same place, somewhere between 1 to 3k a month.
Speaker:And it's frustrating, isn't it? You're working really hard, yet the numbers
Speaker:just aren't moving. And at that point, it's easy to start questioning
Speaker:yourself, is this business ever going to grow? So if
Speaker:you're in this zone, then this is the
Speaker:episode for you. We're going to be talking about
Speaker:the reasons that people get stuck here and how you can
Speaker:fix them. Because here's the thing, being stuck at this level isn't a sign that
Speaker:you're failing. It's not a sign that nobody wants your products or the business was
Speaker:a terrible idea. More often than not, it's because of three common
Speaker:mistakes. And the good news is these are things that you can
Speaker:fix. So the first mistake that I see people making is
Speaker:that they don't have a clear plan. Often when I talk to people
Speaker:about their business, I will ask them, do you have a plan? Do you have
Speaker:a sales plan? Do you have a marketing plan? Do you have a plan for
Speaker:launching new products? Do you have a plan for what you're going to
Speaker:talk about when. And usually the answer is no. A lot of
Speaker:people don't have a clear plan mapped
Speaker:out because they're often going from one thing to the next.
Speaker:They are bouncing, they're being very reactive. Maybe an
Speaker:opportunity comes up, so they're answering that, or something else is coming up, so
Speaker:they're answering that and back. Basically, they
Speaker:are letting themselves be kind of bounced around like a ball.
Speaker:Whereas my background in retail, I've been in the business
Speaker:for 25 years. What I've learned is that the big guys spending
Speaker:nearly two decades in bigger retailers is that everything is
Speaker:planned out Now. A lot of people
Speaker:feel like planning is tough, is difficult,
Speaker:or not even so much that they feel it's difficult, but more that they feel
Speaker:like it's restrictive. Maybe you started a business because you're wanting to be creative,
Speaker:you wanted to express your creativity, and it feels like planning is the opposite
Speaker:of being creative. But I'm a really big believer that planning
Speaker:and creativity are not mutually exclusive. In fact, they very
Speaker:much feed in to one another. Once you've got a structure
Speaker:and a framework and a plan around you, you can actually be more
Speaker:creative because you know what you need to do and you just come up with
Speaker:the ideas for it, as opposed to feeling lost and feeling like
Speaker:you're kind of just being bounced around from pillar to post.
Speaker:So what I see with a lot of people is that they rely on ad
Speaker:hoc posting spur of the moment ideas. So they'll sit there on
Speaker:a Monday and think, right, I really should post something this week. And they don't
Speaker:really know what to say. They don't have a coordination between their product
Speaker:strategy and their marketing strategy. And I think for me
Speaker:that's one of the biggest missed opportunities. Because the thing about retail
Speaker:is that it varies a lot throughout the year. It's very, very
Speaker:seasonal. So what your customer wants from you and the kind of
Speaker:messages that work with them in the summer are going to be very different from
Speaker:the messages that work with them at Christmas time, or in fact
Speaker:in January or February. So there's a lot of shift and change
Speaker:throughout the year. There's lots of nuance to what
Speaker:people want from you in certain seasons, and there's lots of
Speaker:different themes and ideas and opportunities to talk about things that are different
Speaker:month on month. So, for example, very broadly,
Speaker:what you're going to talk about in February, if you are a jewelry brand,
Speaker:is going to be centered around Valentine's Day. And what you talk about in March
Speaker:is going to be sent could be centered around Mother's Day, for example. So those
Speaker:are just two very basic examples of how what you want to
Speaker:talk about is going to vary throughout the year. And if you don't
Speaker:have that all mapped out, it can feel quite overwhelming. Like I
Speaker:said, it can feel like you're a ping pong ball being bounced around thinking, oh,
Speaker:I should be doing something, maybe I should say something about Valentine's Day, oh, maybe
Speaker:I should say something about Mother's Day. And the
Speaker:upside is that although it does change a lot and it shifts week on week,
Speaker:and arguably that's what makes it so exciting, it stays
Speaker:the same year on year. So once you've cracked
Speaker:that seasonal element to your business, once you've really delved in and understood
Speaker:what your year looks like, and obviously it will shift, one year is
Speaker:not going to be the same as another year. But broadly speaking, there are going
Speaker:to be themes and ideas that work year on
Speaker:year, once you've got that, you can repeat it. It is
Speaker:repeatable. The benefit of retail, of
Speaker:product businesses over service businesses is that predictability
Speaker:and that repeatability, that opportunity
Speaker:to scale and grow because you've figured out a system
Speaker:and then you're repeating it. So,
Speaker:for example, if you don't have a plan,
Speaker:you are going to potentially miss some major opportunities
Speaker:to connect with your customers because you're not going to be zoomed out and
Speaker:looking at that big picture. For example, I was talking
Speaker:to a men's gifting brand and this was in May, and
Speaker:I asked them about Father's Day and it wasn't something that they'd considered.
Speaker:Now, if you're a menswear, arguably you have
Speaker:or a male focused brand, arguably you have fewer
Speaker:opportunities or not such big seasonal opportunities because,
Speaker:for example, Valentine's Day tends to be more heavily skewed,
Speaker:broadly speaking, towards female gifting. And obviously Mother's
Speaker:Day is different. It's not going to work for you if you're a male
Speaker:orientated brand. However, if you miss
Speaker:Father's Day because you just didn't look at the year in a
Speaker:zoomed out way, then that is a major opportunity that you've missed.
Speaker:And I see it every single year at Christmas. Every single
Speaker:year, I speak to people in November. I ask them all the way up to
Speaker:November, even into December, I'd ask them about their plans for Christmas
Speaker:and they kind of say, oh yeah, I suppose I should come up with something.
Speaker:Well, this is the thing. You can eliminate so
Speaker:much of the last minute aspect of retail. You can plan
Speaker:it. You know, big retailers are planning 18 months in advance, two
Speaker:years in advance. Now, arguably, yes, that is the extreme version
Speaker:and it can lead them to be a little less reactive than they would like
Speaker:to be and a little more constrained. But the you can
Speaker:plan in advance and the more you plan in advance, the more you're
Speaker:able to roll with the punches when something unexpected does happen.
Speaker:If you've done lots of prep in advance, then you
Speaker:are able to deal with that without it completely derailing
Speaker:everything. And then the other reason that I
Speaker:feel that not having a plan is really difficult is because
Speaker:if you think about all of the different ways to grow your sales. So
Speaker:for example, episode 264 of the podcast was about four
Speaker:ways to grow your sales. Without a plan, you can't really ensure that you are
Speaker:tackling all those four ways consistently and
Speaker:you can't create a really nicely aligned, up
Speaker:aligned plan across all of your channels. If
Speaker:you and all of your marketing channels, all of your selling channels, and all of
Speaker:your marketing channels if you don't get it mapped out. Okay, so mistake
Speaker:number two is not having a product strategy.
Speaker:So in a similar way that people often will tell me they don't have a
Speaker:plan for their marketing, I would say that
Speaker:another common issue is that they don't really have a plan for their products.
Speaker:So I'll ask them, do you have a plan for what you introduce when?
Speaker:And the answer is usually no. And I'll ask
Speaker:them, do you know what your best sellers are? That's not always a given. Either
Speaker:some people aren't really sure or they think they know, but they haven't actually checked.
Speaker:And the reason that I think this holds people back
Speaker:is because all of retail, all of
Speaker:business, I guess, could be boiled down to do more of what works
Speaker:and do less of what doesn't work. And so if you don't have a plan
Speaker:for your products, then you are
Speaker:unable to really maximize
Speaker:the data that you've got. And yes, if your sales are lower, you might not
Speaker:have a huge amount of data. But especially if you look at it on a
Speaker:monthly basis, look at what your best sellers are, you need to understand
Speaker:what is moving the needle, what people are reacting to and what they're
Speaker:not reacting to. And I would say that in this first bit of
Speaker:the business, when you are at that kind of 1 to 3K, you need to
Speaker:be figuring out what your customer wants from you. So you need to be
Speaker:figuring out what they're reacting to, what is selling.
Speaker:And if nothing is selling, if nothing's working, then you need
Speaker:to go back to the drawing board on a repeated basis,
Speaker:checking in with your customers, what do they want from you. Trialing things in as
Speaker:low a risk as possible to try new things to move
Speaker:on. But you need to try things and learn from them. It's not about
Speaker:just scattergunning, bringing in lots and lots of different new things. It's about
Speaker:creating a hypothesis, checking it. Is that what they want? Let's
Speaker:try something else. Let's tweak it. Let's tweak what the product offer
Speaker:is. Let's tweak how I'm talking about it, how
Speaker:I'm talking about the benefits to the customer versus
Speaker:the features, all of those things. You want to test that over again, see
Speaker:what the result is, and then move on from there.
Speaker:So bestsellers, understanding your bestsellers are really, really important.
Speaker:They, they help give you confidence and they help you really understand what you should
Speaker:be focusing on in Your marketing, that's another issue that I
Speaker:see people having is that they think that, oh, well, if something's selling, I
Speaker:don't need to be shouting about it. Whereas actually you often get much more traction
Speaker:by really shouting about your best sellers. Because this is all a game of
Speaker:probability. You want to really focus on what your customer is
Speaker:most likely to purchase from you, and that may well be
Speaker:the thing that you sell the most off. So you want to focus on that
Speaker:and you want to lean into it.
Speaker:So if you don't really look at your products and really understand
Speaker:what they're telling you, then you're going to miss some really important clues,
Speaker:really important green shoots if you like, to help move you
Speaker:forward. And then the other thing is
Speaker:that if you don't have a really considered plan for your products,
Speaker:it feeds back into my first point about no clear plan overall for the
Speaker:business. Because really your marketing plan and your product
Speaker:plan are very, very closely intertwined. Because
Speaker:if you go through and you look at your year and you understand, right, these
Speaker:are going to be my peak selling times, well, then you want to coordinate your
Speaker:products. If you're going to bring new products in, make sure that the
Speaker:products are coming in at the right time, seasonally speaking, making
Speaker:sure that they are the right products for the right time. And you really want
Speaker:the whole thing to be tied up together. But if you, you don't have a
Speaker:plan for your marketing and you don't have a plan for your product, then what
Speaker:you're left with is two very disjointed activities that
Speaker:are really time consuming. Marketing's really time consuming. Product development
Speaker:or product making new products or sourcing new products is hugely time
Speaker:intensive as well. And if you're not doing it in a coordinated fashion, it can
Speaker:end up getting very, very messy. And then
Speaker:the third mistake that I see people make that really holds
Speaker:them back is related to this idea of
Speaker:knowing what's working. But if you don't have a
Speaker:plan and you're doing everything in a very reactive way,
Speaker:then the other thing is that you don't really
Speaker:have a good idea of what you're doing, what's
Speaker:working, and what you need to lean into in the same way that we talked
Speaker:about for your products. That goes for everything that you're doing in terms of your
Speaker:sales channels and your marketing as well. So sales
Speaker:start to feel sporadic. You have good days and bad days with no clear
Speaker:explanation. Now, here's something else that I would say to you as well.
Speaker:One of the things that is particularly True, especially at this early stage, is
Speaker:that everything feels really, really personal. So lots of
Speaker:people I know will say that I just feel,
Speaker:on a quiet day, it completely wipes my confidence.
Speaker:And I totally get that because nobody tells you when you start a business
Speaker:how nerve wracking it is to create or curate things that you
Speaker:feel really strongly about, to put them out in front of other people and
Speaker:to say to them, hey, buy this from me. It
Speaker:can feel incredibly challenging, incredibly
Speaker:triggering for a lot of people, and it can feel just
Speaker:really, really difficult if you're not getting the response that you
Speaker:want. So what happens is when you're not really
Speaker:closely tracking your numbers and you're not really closely tracking
Speaker:your actions, it feels,
Speaker:it can feel very sporadic. So one week things will do great and the
Speaker:next week things will go really quiet.
Speaker:And you can feel, therefore a lot of.
Speaker:There's a, it's a real roller coaster for a lot of founders. They feel very
Speaker:personally upset when things are quiet. They say
Speaker:to themselves, oh, I must be really bad at this. People really hate what I
Speaker:do. This is such a bad idea. Everyone thinks it's a joke, what I'm doing,
Speaker:all of those things. And it just really feeds
Speaker:into this cycle of not having a plan and not having a structure because
Speaker:it doesn't feel, you don't feel like you have the right to
Speaker:have a plan, or it doesn't feel like this is something that
Speaker:you should do, because this is. You're maybe not
Speaker:giving having enough confidence in the business to say, right, no, this is what I'm
Speaker:planning to do. Because the nervousness I see from a lot of people is that
Speaker:they feel like, well, if I make a plan and I don't hit it, am
Speaker:I going to feel even worse? Whereas what we're really talking about here is
Speaker:not so much, oh, you can only have a plan if things are going
Speaker:well. But we want to try and shift as much as possible
Speaker:from a subjective point of view to an objective point of view.
Speaker:And this is the benefit that I have from my long years of experience
Speaker:in the retail industry and two decades in big retailers,
Speaker:is that they have to be completely objective.
Speaker:And what I mean by being objective is that that they
Speaker:really put a plan in place and then
Speaker:every week they're looking at the plan and they're seeing whether or not
Speaker:they've hit it on what they need to do to adjust it. So it's about
Speaker:a process. And obviously in big retailers
Speaker:there is much less room for people to be so caught up in
Speaker:that kind of personal, oh, I failed or I've done something wrong. I mean,
Speaker:obviously everyone has personal feelings and people have
Speaker:selected products that haven't worked and that can feel really difficult too. But
Speaker:ultimately what it's about is the setting a goal, setting a plan
Speaker:in place and then reacting to it. And that's what I'm talking about
Speaker:when we're thinking about being more objective than being
Speaker:subjective. And what can happen if you get too
Speaker:caught up into the emotion of it? You start making
Speaker:knee jerk reactions. So, for example, you launch
Speaker:something it hasn't sold, you think, oh, maybe I should take some money off it,
Speaker:discount it, instead of thinking, right, okay, did I do
Speaker:enough promotion? It's almost like we get these negative feelings and
Speaker:we want to just do something to try and alleviate them rather than actually looking
Speaker:into it and saying, right, what was the actual plan? So
Speaker:it's, it's also something that I would really stress that
Speaker:the benefit of having that plan is that retail
Speaker:fluctuates a huge amount. It fluctuates a lot, month to month.
Speaker:But as I've mentioned before, it's on an
Speaker:annual cycle. It does repeat. So learning things like when
Speaker:you're going to be quiet can really help with that confidence building and
Speaker:really help you understand when you're going to naturally
Speaker:be quieter and then get to helping you get ready for the busiest times
Speaker:as well. So if you set yourself a
Speaker:plan, then yes, of course you may have weeks and months where
Speaker:you don't hit it. But it's still better to have that plan in place
Speaker:than for you to be so caught up in the emotional
Speaker:side of it that you really end up
Speaker:almost beating yourself up if things aren't going so well as instead of
Speaker:thinking, right, what do I need to do now? What can I try next?
Speaker:So what I would suggest that you do is take the
Speaker:time to set those goals and make some time
Speaker:to, Even if it's 10 minutes a week to really look at, right, how am
Speaker:I doing? How am I selling? How am I
Speaker:doing compared to my plan? What's working, what's not working? And
Speaker:which of my sales channels are really are performing for me.
Speaker:And it, I totally understand why people don't
Speaker:do this because it can feel very upsetting if you look at something
Speaker:and you think, wow, actually I'm not really selling that much or this is not
Speaker:what I thought it would be. But I really do believe
Speaker:that there's a lot of power that comes from really
Speaker:knowing the truth of your situation. Whenever I've had
Speaker:times in my Business where I've stuck my head in the sand and not really
Speaker:addressed what's going on. I've always felt so much better
Speaker:when I've taken the time to sit down and really go through things and get
Speaker:an actual accurate picture. And also, I can't tell you the number
Speaker:of times that people will have sit down and run their numbers and
Speaker:actually they're better than they thought they were. In fact, somebody
Speaker:in the club mentioned that they had always thought to
Speaker:themselves that they would feel like they'd done well when they hit a certain
Speaker:revenue number. And it turns out because they'd been not
Speaker:looking at these things, they were feeling stuck and in denial. They hadn't
Speaker:looked at their numbers and they'd actually hit the revenue number that they'd been aiming
Speaker:for. But they hadn't realized it because they hadn't looked, they hadn't engaged because
Speaker:they caught up in these feelings of insecurity and
Speaker:just not feeling like they, they wanted to engage with the numbers because
Speaker:they were scared of what they might show them. So if you're stuck
Speaker:then around that 1-3k month,
Speaker:1-3k of sales a month level, then it's probably not because you're doing
Speaker:anything wrong. It's because of
Speaker:these particular mistakes that I see people
Speaker:make. Those are things like, for example, not having a
Speaker:clear plan, not having a product strategy, not having visibility of what's
Speaker:working and all of those things that keep you on a
Speaker:sales plateau. So the good news is, is that every single one of them is
Speaker:fixable. You can definitely take the time to work
Speaker:your way through and. And maybe it's sitting down and
Speaker:sketching out a seasonal plan. Maybe it's identifying your bestsellers,
Speaker:maybe it's starting a sales check in with yourself. But
Speaker:whatever you choose, make that one small step towards helping move you
Speaker:past that plateau. And if you'd like some more support with this,
Speaker:then we have the retail sales game plan. The doors are open
Speaker:for this course. It is the first time I'm running this course. I'm really
Speaker:excited about it. We are going to look at everything that you need to
Speaker:put some plans into place, some structure, some
Speaker:strategy and help you really get a grip on with how to grow your product
Speaker:business. Thank you so much for listening and I'll see you next
Speaker:week.