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Are you living the life you're working so hard to create?

I think that all business owners ask themselves this on the way up. There’s a time for sowing and a time for reaping but none of us want the sowing to take too long. As a retailer, can you see the light at the end of the tunnel or is your roadmap uncertain? Is your business growing steadily or are you losing money?...

Karen Adams, 28 April 2016

What the heck is cost of catalogue?

A brick-and-mortar thing Cost of catalogue is a bit of an old fashioned term, used a lot by buying office personnel in large corporate retail. It refers to the amount of inventory that is required on the shop floor just to look good, just to entice shoppers to buy. Once you fall below this cost of catalogue by, heav...

Karen Adams, 28 April 2016

5 Things That Will Happen When You Run Out Of Stock

and 5 things that may help 1. You will disappoint your customers Focus on a few key lines that well, contribute a healthy profit and are continuity items (you repeatedly buy/sell). Get familiar with their sales performance by week. Work out each week how many ...

Karen Adams, 28 April 2016

Sorry JesseJ! It absolutely is all about the price tag

With SME retail’s core capability scattered across a number of different apps and applications, the focus has been firmly on front-of-house capabilities such as SEO, abandoned carts, upselling, cross selling, driving site visits and conversions. This is all great and absolutely must happen. The back-office h...

Karen Adams, 27 April 2016

I interviewed my co-founder!

Over the course of time, there have been famous Co-founder pairs that have built history-making companies such as;  William Procter & James Gamble (P&G)  Bill Hewlett & Dave Packard. | HP.  Bill Gates & Paul Allen. |

Karen Adams, 13 April 2016

The Prosperous Shop - Our first bulletin blog

Welcome! We had an incredible early response from the Shopify forum. As promised, here is our first beta blog by The Prosperous Shop. Straight off, here are some of the ways in which we plan to help and serve your businesses; We will allow you to see your gross profits (by allowing you to upload a...

Karen Adams, 15 March 2016

5 Essentials for Independent retailers

Retail is not for the feint- hearted. It requires hard work, relentless work, flair for product and attention to detail.   Here’s our list of the top 5 things that Independent retailers need;   1. Flair for new product Understanding trends and moods is ...

Karen Adams, 19 February 2016

The Prosperous Shop meets The Startup Van

Well hello!!! We thought that this would be a fun way for you to meet the team (well, most of us anyway). There’s nothing quite like squeezing into the back seat of a camper van with your start up mates to foster that team spirit!     ...

Karen Adams, 11 February 2016