The new year brings a sense of excitement and opportunity for growth in our businesses. As we leave behind the challenges of the past year, it’s the perfect time to set our sights on new goals and strategies. One area that many designers overlook when it comes to profitability is purchasing. In this blog post, I will share some insights from my coaching program and show you how to make purchasing more profitable in your design business.
The Power of Streamlining Processes
One designer in my coaching program had a huge purchasing project coming up and wanted to streamline their processes to ensure success. We started by looking at their charging structure and realized that they weren’t making enough money. By changing how they charged and incorporating a whole new profit center for their business, they were able to make a significant difference in their bottom line. This designer is now better prepared than ever for their upcoming project.
Shifting Focus to Wholesale Purchasing
Another designer in the program wanted to incorporate less retail purchasing and more wholesale purchasing into their business. However, they were feeling overwhelmed and unsure of where to start. Through one-on-one coaching, we discovered that this designer had a strong understanding of their ideal client and just needed guidance on how to focus and serve them best. By clearly defining their ideal client and adjusting their pricing strategy, this designer was able to make a profitable shift towards wholesale purchasing.
Boosting Confidence in the Sales Process
Sometimes, it’s not just the purchasing process itself that can be challenging, but also the sales process that follows. One designer in the program had the skills to provide excellent interior design services but struggled with the exact steps and process of selling to clients. Through personalized coaching, we reaffirmed her confidence in her abilities and provided her with insights into the purchase journey, from selection to delivery and installation. This boosted her confidence and allowed her to offer a more comprehensive and professional service to her clients.
Join the Purchasing Made Easy Challenge
If any of these scenarios resonated with you or if you simply want to make purchasing more profitable in your business, I invite you to join the upcoming Purchasing Made Easy Challenge. This challenge, which will take place in early 2024, is an opportunity for you to learn the tools and strategies needed to make purchasing a profitable center in your business. By joining the challenge, you’ll also have access to exclusive bonuses that will enhance your learning experience.
The Future of Your Design Business
After the challenge, the learning doesn’t stop. You’ll have the opportunity to continue your growth in the Purchasing Made Easy Membership, where you’ll find ongoing support, resources, and a community of like-minded designers. This is where the magic happens, and where you’ll see long-term success in making purchasing more profitable in your business.
Don’t miss this opportunity to take your design business to new heights in 2024. Join the waitlist for the Purchasing Made Easy Challenge now and secure your spot for this transformative experience. Together, let’s make 2024 an amazing year for your business!