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123 – Power Up Your People with Matt Holmes of Home & Company

123 – Power Up Your People with Matt Holmes of Home & Company

FromGift Biz Unwrapped


123 – Power Up Your People with Matt Holmes of Home & Company

FromGift Biz Unwrapped

ratings:
Length:
51 minutes
Released:
Aug 14, 2017
Format:
Podcast episode

Description

Matt and his wife, Jennifer started their retail journey 12 years ago in downtown Holland, Michigan with a gift and decor store called HOME & COMPANY.
It took a couple of years to get to that “ah-ha” moment when they realized they were focused on all the wrong things.
Matt had just opened a second concept store named Tip Toes, when the recession hit. They knew they needed to do something to adapt.
Thankfully, by putting in place some common sense practices, recognizing the importance of their people, and trusting their customers, they not only survived the recession but are thriving today!
The Home & Company StoryHow the first store was formed. [4:55]
The initial concept of Home & Company [6:19]
The opening of Tip Toes [8:01]
A creative lease agreement [10:10]
Business Building InsightsTop 3 things to consider for a brick & mortar store [8:27]
Your product mix must align with customers’ desires [12:15]
#1 business attribute a business owner needs [14:41]
Add-on selling the right way [25:24]
Customer experience is the differentiator in retail [26:50]
The value of connecting with others who do what you do [27:39]
Details of one successful promotion [28:35]
Email content strategy [33:08]
Purchasing the right inventory [34:31]
Merchandising/Displays [35:42]
Working with your spouse. How to make it work. [39:01]
https://www.facebook.com/jeanmariesstore/ (Live Facebook Fashion Show) Jean Maries [48:12]
People PowerRevamping employee focus and skills [15:34]
Selling is a skill that needs to be practiced [16:45]
Matt’s daily staff assignments [20:01]
Role playing [21:02]
Adapting to sales employee’s strengths [24:30]
 
Recommended Reading and Listeninghttp://www.giftbizbook.com ()
Podcasts
Contact Linkshttp://www.myhomeandcompany.com (Website)
https://www.facebook.com/homeandcompany/ (Facebook)
https://www.instagram.com/homeandcompanyholland/ (Instagram)
If you found value in this podcast, make sure to subscribe and leave a review in http://www.giftbizunwrapped.com/ApplePodcasts (Apple Podcasts) or http://www.giftbizunwrapped.com/GooglePodcasts (Google Podcasts). That helps us spread the word to more makers just like you. Thanks! Sue
Released:
Aug 14, 2017
Format:
Podcast episode

Titles in the series (100)

Have you thought about turning your hobby into a profitable small business? This podcast shows you how to do just that. Whether you want a side gig for some extra cash or to get out of your 9-5, the handmade products you make for fun can hold the key! In each episode you'll hear steps and actions to take to start and grow a profitable business. It's created specifically for the handmade product business entrepreneur; a group I lovingly call Gifters, Bakers, Crafters, and Makers. You're a fabulous unique creative person and I'm here to help you get on the right path to making your vision a reality. There's a lot out there about building a service based business, some about building a product business, but handmade is different. There are specific nuances to handmade that we cover here. Have you thought about starting a business but not sure what the first steps should be and you're afraid to do it "wrong?" Have you started your business but it's not progressing as you had envisioned? Are you confused about Etsy, Amazon Handmade and Shopify platforms? What about email marketing and Facebook or Instagram ads for attracting sales? There is so much to know it can be overwhelming and confusing. I'm your host, Sue Monhait, and I interview business owners who have been where you are. This is combined with over 30 years of experience consulting hundreds of boutique and big brands along with opening two profitable product based business of my own, I'm here to help you realize your dream. At the end of each episode, you'll walk away with new ideas, tools, or processes that you can apply immediately to get results. Decide on your business. Learn how to get started. Hear what others do to get customers and increase their sales. A great first step is to subscribe to the show. Then you'll automatically get each new episode as it releases - ready and waiting for you when it's convenient to listen. The main show becomes available on Saturday morning with a short Tips & Talk episode on Wednesday. I want you to know that you don't have to do this alone. Find more free resources over at GiftBizUnwrapped.com and if you're looking for a community of handmade makers just like you, join us over in my private Facebook Group - Gift Biz Breeze.