Back
Revstar Solutions
Your first step to a... • 6m
Retail and Hospitality Industry Insights for SMBs by Noel Chackson See, I am not sure about this one but It’s no secret that consumer spending has been a bit cautious lately. But that doesn’t mean the game’s over. If you’re a small retail or hospitality business, there’s still a real shot at growth especially if you’re catering to local markets or creating experiences people can’t get anywhere else. Mix It Up: Diversify Your Revenue If you’re relying on just one income stream like walk-in sales or in-person dining then you’re 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 that’s a good news for SMBs. Highlight your locally sourced goods, regional identity, or community-driven services. You don’t 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 doesn’t have to be high-end, just simple, reliable, and customer-friendly. More sectors coming soon...
More like this
Recommendations from Medial
Aum Kalyani
Hey I am on Medial • 10m
Seeking a Visionary Co-Founder for Hospitality Harmony Hub The hospitality industry is ready for innovation, and Hospitality Harmony Hub aims to transform how people explore, compare, and customize hospitality services. Our platform connects hotels,
See More
Aryan Raj
Building @Prescribal... • 1y
Back to Basic Series (1/10) Suggest some innovative and cost effective marketing strategies that can be used by local retail shop owners in all fields like fashion, footwear, furnitures, electronics and all..... Which could help them in dominatin
See More
Sumanth S
C.T.O | V.P Operatio... • 1y
📣 Seeking feedback from my network! Considering launching a hyperlocal Shopify solution tailored for businesses in retail industry. If you're a local business owner or someone passionate about hyperlocal commerce, I'd love to hear your thoughts and
See More
Dhruv Patil
Ek sath grow karenge... • 7m
hy guys, I want to solve a real problem by creating a platform for retail shopkeeper to restock there product without hassle of going to local wholesalers and waste 1..2 hrs just for restocking there product. simply words I want to make a online who
See More
Dr Sarun George Sunny
The Way I See It • 1y
Too Good To Go: Turning Leftovers into a Movement Imagine this: you walk past your favorite café or restaurant at closing time and see fresh food headed for the trash. Perfectly good food, wasted. But what if you could save that food and enjoy it f
See More
Download the medial app to read full posts, comements and news.