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#009: Eradicating the J months with a New Income Stream
Manage episode 457084359 series 3622588
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In this episode, Cathy shares a proven strategy to tackle the dreaded J-Months; January, June, and July, known for their slow sales. Listeners will discover how to turn these often sluggish months into profitable opportunities by transforming lazy inventory into an exciting income stream. Listen in for lots of insights on how to energize retail businesses during traditionally quiet months.
What You’ll Learn:
- Why the J-Months slow down sales for most retailers.
- How to create irresistible promotions that move lazy inventory.
- The key to turning quiet months into profitable ones.
Key Takeaways:
- [03:13] The secret to identifying lazy inventory and giving it new life.
- [09:12] Proven promotion strategies to drive traffic and sales.
- [10:43] How successful retailers have turned slow months into profit powerhouses.
Resources and Link:
- Get the Clearance Sale Secrets program now to liquidate unwanted retail inventory in 6 weeks, without destroying margins or discounting best sellers
- Check out this blog for the third type of customer you’ll deal with in your store!
- Ready to coach up? If you’re already at 6 figures and ready to scale up to 7 figures, watch our free class: 3 Steps to Maximize Profit & Reduce Overwhelm. If you’re not there just yet, watch: How to Increase Your Sales So You Can Consistently Pay Yourself & Your Staff. Together, we'll help you build the profitable, sustainable business you've always dreamed of – one that lets you sleep better at night knowing your retail dreams are becoming reality.
- Follow us on social media for more updates! Facebook / Instagram
- Join the community with ambitious store owners in our Richer Retailer Facebook Group
Have questions? Reach out via email!
Listener Action Steps:
- Identify lazy inventory that can be turned into a promotion.
- Create a compelling offer to attract customers and increase cash flow.
- Plan out a J-Month strategy to transform slow periods into growth opportunities.
- Loved this episode? Leave us a 5-star review to help more retailers find us!
You are fabulous, loved, and capable of eradicating those J-Month woes. Let’s make retail fun and profitable! Happy Retailing! 🤘
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