2020…what a mind-boggling year for retail! With a lot of this year’s news and headlines having focused on depressed sales, supply chain challenges, and the collapse of Goliaths such as Debenhams and the Arcadia Group, you’d be forgiven for thinking that this year has been an end-to-end disaster for creative product businesses.
However, research shows that a huge number of small and independent businesses have had a good, if not great 2020, thanks to changing trends, evolving technology, and consumer attitudes that in part have been accelerated by the pandemic.
In episode 22 of The Resilient Retail Game Plan, I’ll review the ups and downs of 2020 and how they each inform my predictions for 2021. We’ll look at how large scale supply chains struggled under shifts in spending whilst small businesses were able to pivot and adapt, and how continued growth in online purchasing hasn’t negated the increases we’ve seen in people shopping locally. I’ll also discuss how the improvements in tech are continually lowering the barrier for entry for small businesses to get up and running and how connecting to your customers through personalization and conscious consumer choices should be at the heart of your creative product offerings.
Interested in being a guest or sponsor of The Resilient Retail Game Plan?
Drop us an email to let us know why you think you’d be a great fit for our audience of small businesses and independent retail brands
Heaps of small business retail advice for your inbox
Sign up the The Resilient Retail Club mailing list for totally free advice and business help, the occasional digital download, updates from our podcast and promotions for indie retail brands
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The Resilient Retail Game Plan Episode 22
Podcast show notes
Retail Trends
2020…what a mind-boggling year for retail! With a lot of this year’s news and headlines having focused on depressed sales, supply chain challenges, and the collapse of Goliaths such as Debenhams and the Arcadia Group, you’d be forgiven for thinking that this year has been an end-to-end disaster for creative product businesses.
However, research shows that a huge number of small and independent businesses have had a good, if not great 2020, thanks to changing trends, evolving technology, and consumer attitudes that in part have been accelerated by the pandemic.
In episode 22 of The Resilient Retail Game Plan, I’ll review the ups and downs of 2020 and how they each inform my predictions for 2021. We’ll look at how large scale supply chains struggled under shifts in spending whilst small businesses were able to pivot and adapt, and how continued growth in online purchasing hasn’t negated the increases we’ve seen in people shopping locally. I’ll also discuss how the improvements in tech are continually lowering the barrier for entry for small businesses to get up and running and how connecting to your customers through personalization and conscious consumer choices should be at the heart of your creative product offerings.
Interested in being a guest or sponsor of The Resilient Retail Game Plan?
Drop us an email to let us know why you think you’d be a great fit for our audience of small businesses and independent retail brands
Heaps of small business retail advice for your inbox
Sign up the The Resilient Retail Club mailing list for totally free advice and business help, the occasional digital download, updates from our podcast and promotions for indie retail brands
Dive into another episode of our small business podcast
Negotiation Strategies and Techniques for Retail Business with Simon Duncan
Scaling Your E-commerce Business with Yoni Kozminski
Finding Value Beyond Business with Toks Aruoture
From Fast To Slow Fashion With Emma & Leanne Duncan
Your Business And Black Friday
All Things TikTok With Penny Walker