For small businesses, it’s not enough to know how to merchandise, manage, and optimize inventory because just knowing something doesn’t help if you can’t put that knowledge to work.
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For many entrepreneurs and small brands, the benefits of strategic inventory management are unlocked only by doing the work, which begs the question:

When, in your already busy schedule, should you implement merchandising and reporting practices that drive profit without sacrificing other operational practices?

In the search to study and learn from the success of others in our industry, you’ll be hard pressed to find a merchant who willingly ignores the growth potential inherent in understanding their financial results.

Even the most intuitive retail buyers — ones that lead with gut and instinct — look to key performance indicators to evaluate the choices they’ve made around customer experience.

Retailers highlight new or key products through well-planned and shoppable merchandise presentations in order to promote full price selling.

Sale merchandise and slow-moving stock, on the other hand, are rarely romanced the way new or popular products are. As a result, the desirability and profitability of that inventory plummets.

But what if it doesn’t have to? What if you could sell slow-moving stock at full retail price by doing more of the things you’re probably already doing?

When I come across a blog post, podcast episode, or event invitation with the words "growth hack," I assume the intended audience is in the tech space. I'm certain that I'm not the only merchant who feels this way.

However, as I took the time to answer interview questions from Stitch Labs, an inventory management software provider, one thing rang out loud and clear:

I've been growth hacking retail and manufacturing brands for over 20 years. It's likely you've been growth hacking your own business too.