Retail Observer

August 2018

The Retail Observer is an industry leading magazine for INDEPENDENT RETAILERS in Major Appliances, Consumer Electronics and Home Furnishings

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RETAILOBSERVER.COM AUGUST 2018 4 Eliana Barriga eliana@retailobserver.com Flip the Script! AUGUST 2018, VOLUME 29, ISSUE 8 CELEBRATING OUR 29 TH YEAR AS THE RETAIL OBSERVER PUBLISHER/MANAGING EDITOR E LIANA BARRIGA DIRECTOR OF SALES AND MARKETING MOE LASTFOGEL ART DIRECTOR TERRY PRICE CONTRIBUTING WRITERS MIKE ALLEN RANDY CARNEY MISSY HODGES FRED HOLBROOK JOHN TSCHOHL E LLY VALAS LIBBY WAGNER DOUG WREDE DEADLINE FOR OCT 2018 ISSUE: SEPTEMBER 1, 2018 THE RETAIL OBSERVER 2764 N. Green Valley Pkwy, Suite 508 Henderson, NV 89014-2121 800.393.0509 • 702.208.9500 Fax 702.570.5664 production@retailobserver.com info@retailobserver.com www.retailobserver.com To receive a copy of The Retail Observer online, or to unsubscribe, please go to www.retailobserver.com/subscribe The Retail Observer website is hosted by Market Digitally Printed on Recycled Paper THE RETAIL T he doctor told me it would happen. I didn't really understand until recently the impact my car accident from a year ago would have on my life. The doctor said, "Your life as you know it will be forever changed, and everything in your life will be up for re-evaluation." Well, his prediction is currently unfolding in my life at breakneck speed. (No pun intended!) This pivotal realization catapulted me headlong into the process of evaluating and editing the script of my own life, a process we can apply to our businesses as well. Acknowledging that you have the power to edit out the things that are no longer serving you personally or in your business allows you the ability to replace them with new systems, ideas, and influential people. Are you looking for ways to take your small business to the next level? Where do you want to be one, five, and 10 years from now? What is it going to take to make that happen? Start by re-imagining your company from the ground up. Get out the red pen and start editing. For starters, begin by finding ways to stay relevant in this rapidly changing marketplace. Use publicity to gain exposure for your company by supporting charities or publishing content on your website your customers find beneficial. Consider engaging influential bloggers that have large fan bases to significantly boost your company's reputation. Evaluate your current business relationships—are they beneficial for both parties? Does that vendor bring to the table the benefits they claimed when they were first wooing you for your business? Is that employee enhancing your customers' experience or contributing to the overall helpful can-do climate of your business? If not, perhaps some thoughtful communication is in order. If that doesn't remedy the issues, it may be time to do some housecleaning to find individuals more suitable with which to partner. With a solid plan, you will be able to capitalize on new avenues for your business. So get busy re-envisioning the future of your company NOW! What are you waiting for? RE-ENVISIONING BUSINESS AND LIFE SCRIPTS Elle's View As I See It

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