Shopify Masters

The Retail Strategy That Lets Us Compete With Home Depot (Inventory Advice)


Listen Later

Matthew Burrows didn't start Plant Material with a big budget, but through strategic inventory management and real-time tracking, he's built a three-location business growing 50% year-over-year. Today, the business competes against giants like Home Depot and Lowe's, taking pride as the #1 search result on Google. 

In this heartfelt conversation Matthew shares the exact systems that allow him to never overstock, eliminate waste, and maintain the illusion of endless inventory. All while operating with a lean team and minimal capital! Plant Material acts a safe-haven for community gatherings as they offer California-native and regionally appropriate plants, gardening tools, and other art objects in three different Los Angeles nurseries. You’ll learn the ins and outs of merchandising, plant nursery management, and the inventory technique that saves Matthew 6-figures in revenue.   

For more on Plant Material click here. 

You’ll Learn:

  • How Matthew uses mobile inventory tracking to buy only what he needs in real-time
  • Why strong grower relationships allow ultra-lean operations
  • The forecasting method that predicts seasonal demand with precision
  • How to make a small retail operation appear much larger than it is
  • Why online showcasing (not just selling) drives foot traffic
  • The SEO strategies that help Plant Material compete without ad spend

Chapters:

00:00 Introducing Matthew Burrows, Cofounder of Plant Material 

1:08 How to Achieve 50% Year-Over-Year Growth (Despite Challenges) 

2:44 Defining Your Mission– The Do’s & Don’ts

3:34 Why to View Competition As A Good Thing (Even Home Depot)

5:25 The Best Tips From 15 Years Of Retail Experience 

7:30 How to Scale Brick-And-Mortar First, Online Second

8:15 How Shopify Showcases Real-Time Inventory to Save Plant Material 6 Figures

12:17 Build an Efficient Supply Chain + Inventory Management Systems Tools 

17:55 Steps to Prepare for Seasonality In Business  

20:23 Building Gardens for The Community + Events That Make An Impact

23:42 The Key to Appearing Bigger Than You Are (The SEO Secret) 

Subscribe and watch Shopify Masters on YouTube!

Sign up for your FREE Shopify Trial here.

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

Shopify MastersBy Shopify

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

373 ratings


More shows like Shopify Masters

View all
The Smart Passive Income Online Business and Blogging Podcast by Pat Flynn

The Smart Passive Income Online Business and Blogging Podcast

3,453 Listeners

The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,843 Listeners

Social Media Marketing Podcast by Michael Stelzner, Social Media Examiner

Social Media Marketing Podcast

1,442 Listeners

The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,591 Listeners

The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

The Side Hustle Show

1,595 Listeners

The Foundr Podcast with Nathan Chan by Foundr Media

The Foundr Podcast with Nathan Chan

571 Listeners

Niche Pursuits Podcast: Find Your Next "Niche" Business Idea! by Spencer Haws: NichePursuits.com

Niche Pursuits Podcast: Find Your Next "Niche" Business Idea!

193 Listeners

Entrepreneurs on Fire by John Lee Dumas of EOFire

Entrepreneurs on Fire

3,829 Listeners

Marketing School - Digital Marketing and Online Marketing Tips by Eric Siu and Neil Patel

Marketing School - Digital Marketing and Online Marketing Tips

1,258 Listeners

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business by Jenna Kutcher

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business

12,067 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,452 Listeners

The Product Boss: Business Coaching for Product-Based Female Entrepreneurs by Jacqueline Snyder

The Product Boss: Business Coaching for Product-Based Female Entrepreneurs

890 Listeners

Female Founder World by Female Founder World

Female Founder World

98 Listeners

Marketing Against The Grain by Hubspot Media

Marketing Against The Grain

357 Listeners

OPERATORS by OPERATORS

OPERATORS

50 Listeners