Product Powerhouse

Inflation & Your Small Business: How to Keep Your Business Afloat through Economic Changes


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If you’re like me, you are probably cringing every time you pull up to the gas station. Prices are increasing everywhere, and you probably feel this inflation in the costs of the materials used to create, design, and ship your products. This week, episode 121 of the Product Powerhouse Podcast is about how to keep your product business afloat through economic changes! 

DIY Shopify is the self-study program to help you create an amazing website, without spending hours on Google or learning code, so you can focus on the parts of your business that you love.

In this episode of the Product Powerhouse Podcast, I’m sharing the basics of inflation, how it works, and how we can navigate this in our product-based business. 

Some of the talking points I go over in this episode include:

  • Things you can control during this time of economic change. 
  • How to protect yourself from inflation now and in the future. 
  • Using methods as a baseline so you can take what works for you and leave the rest.
  • The importance of learning new skills and taking time to improve your business during slower seasons.

Remember, inflation isn’t new. It is always happening, and there are always ups and downs. So whether or not you are seeing direct impacts of inflation right now or not, you want to make a plan to review this information quarterly or yearly. 

Thank you for listening! Be sure to tune in to all the episodes to receive tons of practical tips on growing your product shop and to hear more about the above points.

 If you enjoyed this episode, take a screenshot of the episode to post in your stories and tag me!  And don’t forget to follow, rate, and review the podcast and tell me your key takeaways!

Learn more about Product Powerhouse and Erin at https://productpowerhouse.co/podcast/ 

CONNECT WITH ERIN ALEXANDER:

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Show Notes

Work with Erin!

Simplified SEO Course


DIY Shopify Course


LINKS MENTIONED:

 

Profit First

Shopify Learn

Skillshare

Grow with Google

eCommerce Badassery Podcast

Crickets to Cha-Chings Podcast

The 6 Figure Product Business Podcast

Smart Passive Income Podcast

Support the show

Connect with Erin:
Product Powerhouse Community
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DIY Shopify Course
Product Powerhouse Website


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Product PowerhouseBy Erin Alexander

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