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Revstar Solutions
Your first step to a...Ā ā¢Ā 2m
Retail and Hospitality Industry Insights for SMBs by Noel Chackson See, I am not sure about this one but Itās no secret that consumer spending has been a bit cautious lately. But that doesnāt mean the gameās over. If youāre a small retail or hospitality business, thereās still a real shot at growth especially if youāre catering to local markets or creating experiences people canāt get anywhere else.ļ»æ Mix It Up: Diversify Your Revenue If youāre relying on just one income stream like walk-in sales or in-person dining then youāre putting all your eggs in one basket. Think about layering in things like home delivery, subscriptions (yes, even for restaurants or boutiques), or special services that set you apart. The goal? Make it easy for people to buy from you in different ways, and give them reasons to keep coming back. Think Local, Really Local With international travel still iffy and global trends shifting, more people are choosing to spend on local experiences and products and thatās a good news for SMBs. Highlight your locally sourced goods, regional identity, or community-driven services. You donāt need to be everywhere (atleast at the start) you just need to be the best at what you do right where you are. Go Digital or Get Left Behind Customers expect convenience and that usually means digital. Whether it's an easy-to-use online store, a smooth booking process, or a CRM tool that remembers their preferences, your tech game needs to be solid. It doesnāt have to be high-end, just simple, reliable, and customer-friendly.ļ»æ More sectors coming soon...
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