Retail Shift

14: The Overlooked Aspects of Event Planning


Listen Later

We're entering a selling season when the reasons for buying are broader than they are during other times of the year.

Between seasonal holidays like Mother's Day and Father's Day, non-holiday seasonality associated with school graduation and sports, and the general energy that comes from experiencing warm weather, customers open their wallets more freely since the holidays.

It's no wonder that pop-up events and outdoor markets are aplenty this time of year.

So how are you event planning for optimal profit?

Whether you're opening a brand new brick-and-mortar business, embarking on your 15th outdoor market season, or growing your chain of retail stores, event planning should be an important part of your operational process.

In this week's episode I share two important practices to compliment what you already know! Stack them both or try one strategy this season:

  • Look at grand opening and special events from a new, long-term point-of-view
  • How to start "selling" over a month and a half before your event
  • How behind-the-scenes marketing builds brand awareness and trust
  • Plan for a brand experience that begins before and extends after the event
  • Balance promotional pricing that incentivise customers with your profit needs

After you've listened, it's time to take action! Remember: Knowledge and action are most effective when applied within the context of your unique business using your unique style.

To help you find your path to business growth, take my free 60-second Retail Success Style quiz at MerchantMethod.com/Quiz. © Thinking Thumbprint LLC DBA Merchant Method. All rights reserved. For more information and terms of use visit MerchantMethod.com.

...more
View all episodesView all episodes
Download on the App Store

Retail ShiftBy Chris Guillot, Merchant Method