strategic planning Archives

#strategic planning

The Industry Focuses on the Next Quarter. Strong Dealers Don’t.

Most of the appliance industry thinks in short windows: What numbers do we need to hit next month? When’s the next promotion on the calendar? What are our goals next quarter? That kind of thinking makes you constantly reactive. You’re always chasing next month’s...

The Tactics Trap: Why More Marketing Isn’t Moving You Forward

Dealer Strategies That Work

Strategy and tactics are not the same—yet most independent dealers treat them as if they were. Strategy defines where you’re going and who you’re trying to attract. Tactics are the actions you take to get there. The distinction sounds simple. But in practice, many...

Why “Doing It All” Isn’t a Business Strategy

Dealer Strategies That Work

If you’ve been in this industry long enough, you’ve felt the pressure to do more: more promotions, more events, more volume. The appliance industry often reinforces the idea that whoever is bigger, louder, and busier will win. It’s no wonder so many...

When More Isn’t Better: The Value of Curating Your Inventory

Dealer Strategies That Work

Reducing the number of appliances you offer might seem counterintuitive. With big box stores and online retailers serving up an overwhelming array of choices, it's easy to believe that presenting customers with more options is the only way to compete. But what if the...

Elevate Your Profits: A Shift Towards Premium and Luxury Brands

Dealer Strategies That Work

Are you tired of constantly battling for 20- to 25-point margins? While mass marketing plans from manufacturers and buying groups have their place, the heavy focus on discounts won't produce the profits you want. It's time to rethink your approach and prioritize the...

How to Accelerate Growth in Slower Times

Adapting To Change, Dealer Strategies That Work

It’s a FACT that business owners know and must accept: There will be times when your business experiences sales lulls. The reasons can vary—time of year, perhaps a new competitor opening up, or perhaps an economic downturn. But before you get defeated,...

What Is Your Real Gross Margin Number?

Dealer Strategies That Work

Did you notice any trends with your gross margin when working through your numbers from 2022? We work closely with independent appliance dealers in multiple markets across the U.S., and we have started to see a trend ourselves that uncovers a bigger conversation about...

Adopting an Adaptable Mindset

Adapting To Change

Adaptability is defined as "the ability to adjust to different conditions or circumstances." I think we'd all agree that the last 18 months have been a crash course in adaptability! It's also made us keenly aware of how important it is to accept that the...

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