Buying.
Planning.
Strategy.
Your business, your vision.
My role is to help you make it happen.
Retail.Growth.Lab provides expert guidance in Retail Brand & Business Strategy, Product Buying, Product Planning and Sourcing.
We support Start-ups, and Small to Medium sized businesses looking for expertise. We provide a wide range of services designed to help you and your business, some of these include; establishing product and sourcing, reviewing existing product, analysing the business, identifying missed opportunities, improving process, improving margin and stockturn. We also offer additional support through; mentorship, guidance, training and fractional support where required.
We personalise each plan based on your individual needs.
Retail Buying is a critical component of building strong business fundamentals, especially for small and medium-sized businesses looking to improve profitability and prepare for growth.
Offer
Retail
Retail is hard. It’s competitive.
There are a lot of factors at play.
We have 25+ years of experience in many different businesses and different product categories. Our role is to limit the risk for your business and look for missed opportunity. We are there to support, and be a guide, as we have a strong understanding of the different retail dynamics at play. We review most of the 4 P’s of marketing to seek position and opportunity. Focussing on Product, Price, Promotion, & Process.
Growth
Growth is individual. Depending on where you are in the life-cycle of your business, it can be many things: Starting up, scaling, increasing revenue, maximising profit, shifting categories, improving stockturn to support cashflow, we can support.
We know how to set the right building blocks to ensure growth is supported, and the business is ready to scale.
We have created businesses from inception to approx. 35 stores, been part of a team that has grown a business of approx. 20 stores to 120 stores, also lead a senior buyer-ship responsible for individual sales budget in the 9 figure range.
Every business is unique and needs a different approach.
Lab
The way we work is highly analytical. We review data and information, to help guide us on where to shift resources and pivot the focus.
We look for missed opportunities, flags of areas to decreases, areas we should increase investment and focus.
We can review your business at both a macro and micro level depending on your needs and where you are seeking support.
Retail Buying is a critical component of building strong business fundamentals, especially for small and medium-sized businesses looking to improve profitability and prepare for growth.
Services
Buying
Buying is a critical component of building strong business fundamentals, especially for small and medium-sized businesses looking to improve profitability and prepare for growth. We help you refine your product selection, manage supplier relationships, and optimize purchasing decisions to align with market demand. By leveraging data-driven strategies and industry insights, we ensure that your buying process maximizes margins and minimizes risk. This approach not only enhances your product assortment but also positions your business for sustainable growth, allowing you to stay competitive and financially strong in a dynamic retail environment.
Planning
Planning is essential for positioning your business for profitable growth. We focus on creating strategic plans for inventory management, sales forecasting, and promotional scheduling, ensuring your business is always prepared to meet demand, while maximizing profitability. By aligning your product offerings with customer needs and market trends, we help you optimize your operations, minimize overstocking or out of stocks, and make data-driven decisions that fuel sustainable growth. With effective retail planning, your business can stay agile, reduce costs, and capitalize on opportunities for long-term success.
Strategy
Business and Brand Strategy are crucial to limit risk and build strong foundations. We work with you to develop clear, actionable strategies that aligns your brand identity with your business goals. By refining your brand positioning and market differentiation, we help you establish a competitive edge and drive customer loyalty. A solid business and brand strategy not only improves your market presence, but also enhances profitability by targeting the right audience, optimizing product offerings, and ensuring consistent messaging. With a strategic approach to your retail business and brand, you're better equipped to grow sustainably and stay ahead of the competition.
Retail Buying is a critical component of building strong business fundamentals, especially for small and medium-sized businesses looking to improve profitability and prepare for growth.
How we work
Consultant
Retail Growth Lab can support your business by providing expert guidance, tailored strategies, and actionable solutions to overcome challenges and seize growth opportunities. With an understanding of your business, a consultant helps optimize operations, streamline processes, and enhance decision-making, ultimately boosting profitability and positioning your business for long-term success. Our objective perspective and specialized knowledge empower you to navigate complex situations and achieve sustainable growth with confidence. There is flexibility in how long we are hired for, allowing you to engage our services for short-term projects or long-term support based on your specific needs and budget.
Training
Retail growth lab can support your business by providing hands-on training to help you and your team develop the skills needed. Through practical training, you’ll gain the confidence and expertise to limit risk as you grow. Contact us to discuss options available here.
Mentor
We can also support in a mentorship role. We can offer advice, guidance, and valuable teachings to help you navigate challenges and unlock growth opportunities. With a focus on knowledge-sharing, a mentor helps you develop the skills and strategies needed to improve decision-making, streamline operations, and enhance profitability. Through a collaborative approach, a mentor empowers you to build a strong foundation for long-term success. There is flexibility in the duration of our mentorship depending on your evolving needs and goals. This can be a once of week or month touch base to talk through relevant questions and challenges.
Fractional
Our fractional support service offers flexible, senior-level expertise on a part-time basis, allowing your business to benefit from high-level strategy or hands-on execution without the full-time commitment. Whether you need strategic direction from experienced leaders or tactical support at the "doer" level, we tailor our involvement to meet your specific needs. This approach provides cost-effective access to top-tier talent, example In-House Buying Manager or at the “doer” level Senior Buyer/Buyer, helping you drive growth, solve challenges, and enhance performance, all on your terms.
Retail Buying is a critical component of building strong business fundamentals, especially for small and medium-sized businesses looking to improve profitability and prepare for growth.
Clients
Start-ups
Start-ups often require guidance in Retail Buying, Planning, Sourcing, and Business & Brand Strategy to establish strong foundations. We support to ensure you make informed purchasing decisions, source quality products efficiently, optimize inventory from the outset, and create a compelling brand identity. Our goal here is to limit risk, free up cash flow, and ensure you have made the best sourcing decision available to you.
SME
SME’s (Small to medium enterprise) need tailored support. Every business is different and has different challenges. Our goal remains the same to limit risk and seek out missed opportunities. You may be gaining some momentum, maybe you need to move factories, review how you are making your purchasing decisions, improve process or set up better foundations for growth. We are here to support.
Large
As a larger business you may need temporary support, for someone to work within or manage your buying team for an interim time-frame. Contact us to discuss options here available.