The Financial Blind Spot Costing 7-Figure Stores Millions
Why Your 7-Figure Store Has No Cash (And How to Fix It)
The Unofficial Shopify Podcast · Salena Knight, Kurt Elster
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Show Notes
"You can't control tariffs. You can't control the weather. But you can control what's happening within your business."
Salena Knight has audited thousands of retail businesses since 2007 and found that 4 out of 5 seven-figure stores share the same blind spot—and it's not marketing. It's money. We talked about why inventory is secretly taxable cash sitting on your shelves, how one brand increased profit margins 30% by auditing their pick-and-pack costs, and why running a 30% off sale on luxury products got zero orders.
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LINKS
- Bringing Business to Retail Podcast: https://salenaknight.com/podcast
- Salena Knight: https://salenaknight.com
- The Retail Academy: https://theretailacademy.com
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The Unofficial Shopify Podcast is hosted by Kurt Elster and explores the stories behind successful Shopify stores. Get actionable insights, practical strategies, and proven tactics from entrepreneurs who've built thriving ecommerce businesses.