In this episode, Nicole talks to Moira Fuller, founder of Craftiosity, a specialist in helping people to establish and grow their subscription box business, and the author of ‘The £100k Subscription Box Masterclass’.
Moira talks about how she grew her business from the kitchen table to a six-figure concern, why you should always follow your instincts when it comes to business, and the secrets behind how to build a successful subscription model for your business.
KEY TAKEAWAYS
- Sometimes it takes trial and error to find our place in the business world. Never assume that you can’t make a change for the better, no matter where you are.
- When you’re a part of a small business, implementing automation, systems and processes can help you to accelerate growth and establish patterns for the future
- Subscriptions appeal to people as specially curated collections of products are desirable. They have to involve products that people buy regularly, and which have that wow factor.
- By focussing on subscription models, we are selling direct-to-customer, instead of going through a middle-man. This affects profit margins considerably, and also allows you to develop a personal, intimate rapport with the people you supply.
BEST MOMENTS
‘I enjoy the creativity of creating something’
‘There was a very strong gnawing inside, that this was the right thing to do’
‘You have to work out if it makes sense for your customer’
‘It’s about creating little moments for people’
VALUABLE RESOURCES
www.moirafuller.co.uk
www.instagram.com/subscription_box_academy
https://www.moirafuller.co.uk/8-elements-to-100k-subscription-box-masterclass-join
www.craftiosity.co.uk
www.instagram.com/craftiosity
ABOUT THE HOST
Buying & retail expert Nicole Higgins spent the last 18 years working for companies such as Primark, M&S, Debenhams and Asda, sourcing & developing products from all over the world, building strategies for blue chip businesses, and increasing bottom line sales and profit, adding over £40 million in incremental business to the bottom line.
Nicole now uses that experience and works as a consultant and coach for entrepreneurs and small to medium sized business owners, helping them start and scale their product businesses as The Buyer And Retail Coach (TM)
CONTACT METHOD
Website http://www.thebuyerandretailcoach.com
IG https://www.instagram.com/thebuyerandretailcoach/
LinkedIn linkedin.com/in/nicolehigginsuk
Email [email protected]
Newsletter https://thebuyerandretailcoach.com/newsletter-sign-up/