Are you ready to put money back into your pocket? In this episode, I am uncovering how you can do just that by increasing your products’ profit margins.
I will walk you through everything that you need to know about profit margins from a micro-level. As a business owner, you’ll want to observe the profit margins for many reasons but it can be especially important when it comes to knowing what sells, what should be discontinued and to help fuel your strategic decision-making.
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Think back for a minute to April of 2020. We’re all on lockdown from the pandemic and figuring out new routines and ways of life. Now, imagine that you’re launching a business for the first time all while homeschooling your children and your business is taking off very quickly.
This was the reality for Tiffany Grimes, founder of Posterity Paper. After winning the Minority Business Women’s Grant her business accelerated - she was able to collaborate with brands like A Beautiful Mess and Kids Made Modern.
In this episode, she shares her startup story of launching her business in 2020. She also gives information about the grant she won and the importance of community and connection when growing your business. Tiffany shares a wealth of information about her first year in business so you definitely don’t want to miss out on her story!
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I wanted to share this quick, informational episode on the recent announcement from Paper Source about them filing for bankruptcy on March 2, 2021.
In the last few weeks, members of our community have shipped hundreds of thousands of dollars worth of products to Paper Source. Paper Source placed large orders ($9K, $15K, etc) from small independent businesses and in many cases asked companies to move up their ship dates (send them sooner). With the recent news, this is a huge hit to independent brands who now don’t know if they will get paid.
I’m not an attorney nor do I have experience with bankruptcy in a B2B setting but in this episode, I am sharing some thoughts and advice I have for those affected by this news.
Keep an eye on the show notes from today’s episode and my Instagram feed @prooftoproduct. I’ll share additional resources & information as they become available.
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Hey friends! We all know that follow up is a key part of the sales process. But what about after you’ve received and shipped the order? Should you follow up then? What should you say?
These are the questions that commonly pop up within our Paper Camp community so I wanted to share with you on this episode. I’ve had conversations with hundreds of buyers about their follow up preferences and the large majority of them don’t like follow-ups after orders.
Take a listen to hear what you should do instead to help foster purposeful relationships (while making their lives easier)!
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Hey friends! I am really excited for you to listen in to today’s episode with Betsy Garcia of Bloomwolf Studio. Betsy was on her way to medical school when she decided she wanted to pursue the small business life and sell her art. Bloomwolf Studio is a Latina owned & operated illustration and design studio based in Orlando that strives to create change through art and messaging.
In this powerful and transparent episode, Betsy and I talk about the mission behind Bloomwolf and how Betsy and her husband Luis actively weave their personal beliefs into their everyday business practices.
Betsy shares details about developing and expanding her product line, including mistakes they made in their first product runs.
We also talked about business finances. At the beginning of 2020, Betsy and Luis set out to increase their annual revenue by 25% and they exceeded this in the first 8 months of the year. Betsy talks about tools they use to track their financial progress and what they’ve done to pivot their business model to stay on track with these financial goals, despite the pandemic.
And, we capped off the convo talking about TikTok. How she’s using it to promote her brand and products, how she gained 7,500 users in her first month on the platform and what she does to plan out her marketing for the year.
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Hey friends! Today I want to chat with you about the recent Faire Summer market and share both insights and concerns after leading hundreds of people through what is likely our first of many online trade shows.
I’m happy to report that our Paper Camp alumni community and LABS members had some strong sales during the show. Some received a handful of orders, while others secured more than 40 orders in a two day span. In addition to the cash influx, I was pleased to hear that many in our community received wholesale orders from new stores they had never worked with and many had reorders from past accounts who were reconnecting.
In this episode I’m walking you through pros and cons of these types of shows, why I’m not a fan of discounting your products to get sales and why you should continue your marketing post-show.
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Hey friends! It’s no secret that putting yourself out there can be a huge hurdle for many entrepreneurs. In today’s episode, I was joined by Paper Camp Alum and LABS member, Tiffany McGraw of Paper Rehab. Tiffany gives us insight into her own experience of overcoming the vulnerability of pitching herself as an entrepreneur by reframing the word “no” to “not right now” in her mind.
Tiffany has a wonderful mission behind her brand which was designed to normalize and focus on mental health care, especially for those in the African American community. She initially started her business to fulfill her dream of seeing herself reflected on greeting cards.
She shares so much wisdom in this episode about how she overcame challenges that she’s faced in her business, mindset changes she made around making a living selling greeting cards and why you need to know your “why” for doing what you do.
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Hey friends! As more and more of you are dipping your toes into the world of virtual tradeshows I’ve been receiving questions on how to build out strategic marketing plans for these events.
That’s why today I am exploring the tactics you can implement to help reach more of your wholesale customers at a virtual tradeshow event. You’ll learn how you can determine if a virtual tradeshow is the right fit for you and your budget. I discuss using a tiered outreach system and all of the different avenues I recommend using (plus tips for optimizing each one!)
Hey friends! As we all continue to navigate through this pandemic it’s important that you continue to connect with your customers and build strong relationships with them.
Something as simple as checking in with your wholesale clients or retail customers can go a long way in making them feel cared for. That’s exactly what today’s guest, Kate Murray of Quick Brown Fox Letterpress has done to make sure she’s supporting her customers.
In this episode, Kate shares her story of how she got started in the printing industry. She talks about how she saved an old letterpress from the scrapyard and spent three months bringing it back to life. Kate and I talk about the various trade shows she’s done and her different revenue streams. She also discusses the biggest challenges she faces within her business and her plans for expanding her product line beyond just stationery.
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Hey friends! Have you ever wondered what it might be like to turn your hobby into a business? That’s exactly what today’s guest, Amber Kemp-Gertstel did and today she came on to talk about her journey in the crafting industry.
Amber is a powerhouse. Not only does she have a blog called Damask Love but she also runs YayDay Paper Co., selling digital products and leveraging a subscription model. You might recognize her from NBC’s TV show, Making It (she was a finalist in 2018) or from being the host of Disney Family Sundays on Disney+.
In this episode, she talks about how she got into her business and how she was able to start working with big brands in the industry. She shares some tips for how she sends pitches and why you have to make it really easy for people to say, ‘yes!’
We also talk about why representation matters and how the creative community can step up to uplift other artists, crafters and makers of color. This is very important work that we’re taking seriously at Proof to Product and I appreciated her for sharing her thoughts and opinions about how we can take steps forward with grace (even though we may make mistakes along the way).
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Hey friends! I know right now has been a very confusing time for so many of us... I actually brought on Meg Sutton today for a hot seat episode to really dive deep into where she should be focusing in her business.
You might be familiar with Meg as she has been on the podcast a few times before and is a long time client of mine. Meg Sutton is the boss lady and doodler behind Belle and Union and As her company has evolved and COVID has changed the economy, she’s felt unsure of where she should be focusing her time and energy to ensure long-term stability for her business.
We take a look into her numbers including income percentages, expenses, the challenges she’s facing and her future goals. We did an exercise and I gave her some of my best advice to help her gain some clarity around what channels of her business she should make her priority.
The chat I had with Meg revealed some things that she could focus on and think about over the next few months. I advised her to take a deep look at what she could do to cut down expenses in her brick and mortar shop and why she should do some forecasting when looking into her next brick and mortar location. I know many seasoned business owners are facing similar situations to what Meg is going through right now so I wanted to share this conversation in hopes it could inspire you and help bring clarity for you in your own business!
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Splitting your company into two sister brands is not for everyone. However, it could be an option for you if you are finding yourself with very different product offerings (and a discrepancy in exactly who you're targeting). That was the case for today’s guest, Stephanie Clarke.
Some of you might remember Stephanie as she’s been on the podcast before. If you need a refresher, make sure to go back and listen to Episode 21 where we talked about how she’s built her team and her packaging solutions. Stephanie is the founder of two sister brands, Dahlia Press and Chloe Clarke Paper. Dahlia Press is her wholesale and direct to consumer business and her new brand, Chloe Clarke Paper was created for custom work such as wedding invitations and branding projects.
In this episode, you’ll get to hear her story of what inspired her to split her company into two different brands. This has been a great move for Stephanie both personally and professionally and she shares how it’s improved the quality of her life and business.
Stephanie gives us insight into what she did to make this dream a reality including who she leaned on for support during this transition and the things she did to make it go as smoothly as possible. If this is something you’ve been considering for your business, you’ll want to listen closely as she shares her advice on moving forward with this transition.
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How amazing does it sound to have someone else take over your packing and shipping needs? Think about it… How many hours a day (or even a week) could that save you?
Having a fulfillment warehouse that takes care of this for you could lend you time in your busy schedule. It might even be able to save you money in the long run. In this episode, I had the pleasure of talking about that with Paper Camp Alum, Jomana Siddiqui.
Jomana is the creative behind 3, yes you heard that right, 3 different businesses. She runs a graphic design business called Pences Design Studio, a retail business named modernEID all while authoring a lifestyle blog.
We get into what her experience was with working with a manufacturing company in China. Plus, the hiccup she faced after working with them. She shares how using a fulfillment center changed her business for the better. Jomana also discusses how connections and being in the right place at the right time can help land partnerships with brands you dream of working with.
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I was on the phone with Zoe Scharf of Greetabl this morning and we decided to hit record on our conversation.
As you may remember, Zoe is one of our Paper Camp alumni and she was on episode 50 of Proof to Product telling her start up story, then she came back for episode 88 where she talked about email sequences and how they love on their clients.
Today we’re talking about a new program that Zoe and the team at Greetabl are launching to support small business owners and independent makers called The Platform Partner Program.
Listen on for details about how the program works, how you can apply and what Zoe feels optimistic about during this Covid-19 pandemic.
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Hey friends! Has the thought of expanding into new product categories crossed your mind lately? You aren’t alone! In fact, today I had on a Paper Camp alumni for a live coaching session where we chat ALL about her hopes to expand into new product categories. It can be pretty scary to try to logistically plan for expansion but I think today’s episode will be really helpful for all of you who are looking to bring on more products to serve your people.
What are the first steps to this process? For today’s guest, Tomi Hill of Little Happy Things, we broke down the steps she needs to take to make this happen and since it was a coaching episode, I gave her my advice and some homework so she could start taking action right away! I challenged her to start thinking and dreaming big about the new product category she’d want to layer in and to start setting some goals around that.
We broke through some of the barriers that have been holding her back and had a frank discussion about diving deeper into the people you really want to serve. At the end of the day, it’s about recognizing WHO your customer is at the core - what kind of solutions are you providing for them? What problems do they have that your products solve? What stores do they shop at? We also touch on digging into the financials (because knowing your numbers is key to success) and looking through your numbers from both a retail and wholesale lense.
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Hey friends! We’re going to be switching things up a little for today’s episode. I’ve decided that once a month we’ll be airing a live coaching session with one of my coaching clients or a Paper Camp alumni on the podcast. It’ll be a short, hot seat format coaching session where the guest will talk about what they’re working on and what they need help with. I’ll be giving them my candid off the cuff advice, recommendations and even some homework because we’re all about taking action!
For our first live coaching episode, I was joined by Paper Camp alumni, Shirlee Fisher of Quiet Lines Design. She has a few hesitations and questions about the timing of her launch and the wholesale market. We work through the three things she needs to prepare and make ready before the launch so she can launch her products confidently.
In this episode, we chat about lining up your launch with the release cycles of the stationery industry, why having 40+ SKUs will help you get more customers and why sometimes you have to wait until things are ready.
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Part 1: Last week I took a whirlwind trip to New York to visit with more than 40 of our Paper Camp alumni who were exhibiting at NY Now and the National Stationery Show. It was so exciting to see everyone’s hard work live and in person — their new products were innovative, their booths were beautiful and their confidence was shining through. It was awesome.
While I was there, I was able to grab some time with a handful of our alumni to talk shop about the show, goals they set and how they plan to follow-up after the show.
We’re breaking this into a two-part series. The first part features several of our veteran exhibitors from the Paper Camp family including Rebekah from Wild Ink Press, Christina from Public School Paper Co, Beth from Little Goat Paper Co, Jeni from E. Frances Paper and Juliana from Good Juju Ink.
In Part 2 on Thursday, we’re sharing interviews with Paper Camp alumni who were exhibiting in the emerging artists’ section as well as first-time exhibitors! Today’s show features Rachel from Hazel & Dolly, Chandler from Joy Paper Co, Lisa from Rhino Parade, Janine from Kwohtations, Tammie from Tiger Pocket Press and Juana from Loteria Press.
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Last week I took a whirlwind trip to New York to visit with more than 40 of our Paper Camp alumni who were exhibiting at NY Now and the National Stationery Show. It was so exciting to see everyone’s hard work live and in person — their new products were innovative, their booths were beautiful and their confidence was shining through. It was awesome.
While I was there, I was able to grab some time with a handful of our alumni to talk shop about the show, goals they set and how they plan to follow-up after the show.
We’re breaking this into a two-part series. The first part features several of our veteran exhibitors from the Paper Camp family including Rebekah from Wild Ink Press, Christina from Public School Paper Co, Beth from Little Goat Paper Co, Jenn from E. Frances Paper and Juliana from Good Juju INk.
In Part 2 on Thursday, we’re sharing interviews with Paper Camp alumni who were exhibiting in the emerging artists’ section as well as first-time exhibitors! Today’s show features Racheal from Hazel & Dolly, Chandler from Joy Paper Co, Lisa from Rhino Parade, Janine from Kwohtations, Tammie from Tiger Pocket Press and Juanna from Loteria.
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