196. New Revenue Streams Ideas For Your Retail Business

Retail Online Training


Feb 12, 2024

 With host retail coach Wendy Batten

 

https://wendybatten.com/podcast-intro/

 

In This Episode: 

I’m sure you’ve all heard the phrase “work smarter,
not harder”- possibly even from me during this podcast! How have
you applied that in your retail business? Are you wondering how you
can expand your business in new ways without reinventing the wheel?
In this episode, I’m sharing ways you can build your retail
business by optimizing revenue streams that work for you and your
brand. 

 

In addition,  this episode is FULL of specific
examples of new revenue streams that fit into each area from
subscriptions and memberships to ways to earn “other” income.

 

How will you know if a new revenue stream is a good
fit for your retail business? We’ll work through that too! I’ll
share some questions you’ll want to ask yourself before diving
headfirst into something new.

 

It’s not about adding more to your plate, it’s about
optimizing your business model.  

 

If you are ready to grow your business using some of
the tools you already have in place, this episode is for you. Let’s
dive in!

 

Don’t miss Coaching Week inside the Retailer’s Inner
Circle in February!

 

I’m providing a full week of live coaching in the
Retailer’s
Inner Circle February 19-23 – all you have to do is be a
member! I will go live in our Facebook group going through the
foundational principles of my signature course, Retail Made Simple,
which as a member you will have full access to. Retail Made Simple
has helped hundreds of retailers simplify their business from
understanding financials to gaining confidence to manage your team.
There is no better time than now to join me and other like-minded
retailers. Let’s go!

Related podcasts we think you’ll like: 

Episode
32: Retailer Success Series: Susanne Dropped a Huge Revenue
Stream and Made More Profit

Episode
56: How to Add Additional Revenue Streams to Your Retail
Business

Episode
66: Find Revenue Streams That Light You Up: Retail Success
Series with Virginia Warner

About your host, Wendy Batten

In case we haven’t met yet, I’m Wendy, a small
business coach and founder of the
Retailer’s Inner Circle, where I help other independent shop
owners learn how to gain the right business skillsets to see more
profits, paychecks, and joy as they navigate running their retail
business. 

Through online classes, business coaching programs,
speaking, and a top-ranked podcast,
I’ve helped hundreds of retailers around the globe reclaim their
dream and see the success they want from their beautiful shops. My
signature private coaching community, The
Retailer’s Inner Circle, has helped retailers around the world
build their retail business skill sets and confidence. 

I am proud to have been featured in several major
publications, including my own business column in What Women Create
magazine. I have been

 privileged to be a guest on top-ranked podcasts
and sought-after as a guest speaker and teacher for several brands,
associations, and communities that are passionate about the success
of independent retailers.

When I’m not coaching, you will find me either DIYing
and renovating my very imperfect old crooked cottage by the sea in
the UNESCO World Heritage town of Lunenburg, NS, or blogging about
our travel and RVing adventures and the weird fun things we get up
to in our coastal village. I’d love to invite you to check out one
of my free resources for real retailers at https://wendybatten.com/free-resources/ 

 

For more support from Wendy

 

Retailer’s
Inner Circle – Join Wendy inside the best retailer’s
community

 

Wendysources for shop
owners 

 

Hang out and connect
with Wendy on IG 

 

All
of Wendy’s programs and services for shop owners can be found
HERE. 

Subscribe & Review in
iTunes

Are
you subscribed to my podcast? If you’re not, I’d love you to
consider it. Subscribing means you won’t miss an episode!

Click here to subscribe to iTunes!

If you want to be more of
a rockstar, I’d love it if you could leave a review over on iTunes
as well.  Those reviews help other retailers find my podcast
and they’re also fun for me to go in and read.
Just click here to review, select
“Ratings and Reviews” and “Write a Review” and let me know what
your favorite part of the podcast is. So grateful for you! Thank
you!



Retail Online Training