In this episode, we are taking a look at your Wholesale/ Retail / Stockist / Distributor Sales Channel and break down the key causes that could be holding you back from hitting your channel revenue goals. And we'll be playing through how you can:

Here is your self-diagnose check list:

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And in case you'd like to have a 1:1 chat, here is your exclusive podcast trouble shoot call link: https://bookings.makersbusinesstribe.com/#/mbt-podcast-listeners-15-min

So you have set up some great partnerships with retailers, they've stocked your product, but when you check in with them to see how sales are going, they tell you the product hasn't moved much yet.

AWWW!!

Well you could just leave this for the retailer to solve OR, do your own little assessment so you can work together as a team, find out the issues and get it fixed turn this relationship into a win/win for both of you.

In today's episode, we are taking a look at the key steps you can take

Here is your diagnose check list:

In today's episode, I am delving deep into the topic of Consignment - aka 'Handing over your product for free and getting paid once the stockist has sold your product'.

Quite a few of our Tribe members have been either been approached by stockists or been toying with the idea of offering their products for consigment first in the hopes to get a foot in the door and once sales grow, switch over to a buy first then resell model later.

BUT! Before just jumping in, you want to thingk through & carefully understand:

Let's dive in and unpack this!!

In today's episode I am chatting to one of my most trusted advisors when it comes to growing my business, my Accountant, Richard Dawson from Paterson & Dawson Accounting.

Richard has not only helped me avoid some pretty costly mistakes but most importantly helped me greatly to set up my business right from the start. So I have minimal admin, always know where my business is at and be rest assured, one tax time comes around the corner, I have it easy to get it all done and am not getting hit with a crazy tax bill. But get money back instead - yey.

To make sure, you get to have the same 'happy money' experience and don't have to sweat over the accounting part of business, I asked Richard 5x key questions that we both felt are absolutely crucial to chat your accountant about, ideally BEFORE you launch your product to the world.

Enjoy! And make sure to take notes :)

Connect with Richard:

https://www.patersondawson.com.au/

Find out more about the Makers Business Tribe:

https://linktr.ee/makersbusinesstribe 

In this week's episode I have the honour to chat with our MBT Partner & Founder of Ads Haus - a strategic ads consultancy - Tenai, to break down for you:

Get access to our MBT Member Exclusive Ads Training with Tenai here:

https://zfrmz.com.au/SUnzFrwOiJrMczvZ46ci

Check out Tenai here & make sure to connect with her:

https://adshaus.com.au/

https://www.facebook.com/ads.haus.marketing

https://www.instagram.com/ads_haus/ 

And same for us here:

https://linktr.ee/makersbusinesstribe 

https://www.instagram.com/makersbusinesstribe/ 

https://www.facebook.com/makersbusinesstribe/

Ready for a call with us to see how we can help you get your products into retail?

https://bookings.makersbusinesstribe.com/#/mbt-podcast-listeners-15-min

To note: We LOOOOOVE Canva. But not for the real BIG stuff to get something as important as your business out to the masses :)

Chapters

In this week's episode, I am having a conversation with Wholesale Expert & MBT partner Hayleah Barnard from HeyHayleah.

Together we not only delve deep into our joint passion for Wholesale but most importantly unpack for you our 3x biggest reasons why we truly believe that when you have a product ready to reach the masses - starting with getting your product stocked in brick and mortar retail stores is a much easier & faster route to scale than trying to enter the busy world of the internet.

Key points we mention in the chat:

Chapters

00:00 Introduction to Hayleah and HeyHayleah
02:30 The Benefits of Starting with Retail Sales
03:58 Wholesale: Assisting Someone Else to Sell Your Product
08:12 Building Relationships and Creating a Community
10:54 Receiving Feedback and Making Improvements
20:16 Advertising Benefits of Being in Retail Stores
23:34 Understanding Your Brand's Unique Positioning
27:00 Crafting a Clear and Unique Value Proposition
28:00 The Importance of Branding and Packaging
30:21 Pricing Your Product Appropriately
31:46 Building Relationships with Retailers
36:26 Approaching Retailers with Confidence
45:53 The Power of In-Person or Phone Communication
49:46 The Potential for Growth and Scalability in the Retail Market

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To connect with Hayleah, check her out here & mention the MBT podcast for MBT podcast listener rates: https://www.heyhayleah.com/

Curious about the Makers Business Tribe? Then for sure check out our linktree for all the links :) 

https://linktr.ee/makersbusinesstribe 

In this episode of the Makers Business Tribe podcast, I get to interview Tala Chisholm, a mechanical engineer by trade turned expert in AI and chatbots. Tala shares with us how she got into AI and chatbots and how much of a difference specifically chatbots can make when it comes to serving your customers, getting them the answers they need ASAP & guide customers through the buying process to place their order.

No matter the stage of businesses you are at, check out this episode & learn from Tala how she builds bots that know anything and everything about your business, can serve your customers really well & help you free up several hours of your time per week.

Chapters

In this episode, we discusses the highly underestimated power of product branding and packaging to increase your profits.

I am getting super tactical & share with you an example of two coffee brands with similar taste but different packaging, and how the one with better branding can charge a higher price and therefore - even if they sell the same amount - end up with a much higher profit.

To demonstrate this I am walking you through the calculations - step by step to equip you with all the knowledge you need to assess how much you could increase your profits by getting your branding  dialled in.

To access the video recording & download the worksheet I am using, click here: 

https://zfrmz.com.au/5HIGJTlE4EqkpVdF8hFw 

In this episode, I am sharing witth you the five most common mistakes that product-based business owners make when they first start off and some simple & actionable tips on how you can avoid them - and ultimately scale your business much faster.

Chapters