{"id":48366,"date":"2022-12-19T16:32:11","date_gmt":"2022-12-19T22:32:11","guid":{"rendered":"https:\/\/theboutiquehub.com\/?p=48366"},"modified":"2023-02-14T10:35:24","modified_gmt":"2023-02-14T16:35:24","slug":"2023-retail-predictions","status":"publish","type":"post","link":"https:\/\/theboutiquehub.com\/blog\/2023-retail-predictions\/","title":{"rendered":"2023 Retail Predictions"},"content":{"rendered":"\n<p>What a year it&#8217;s been! 2022 brought many lessons, mistakes, and celebrations for the retail industry. Given everything that has happened is 2022, here are my biggest 2023 retail predictions. I hope you enjoy them, and I&#8217;ll see you in membership soon!  &#8211; Ashley Alderson <\/p>\n\n\n\n<p>Don&#8217;t forget to plan out your best year yet in our limited edition <a href=\"https:\/\/bit.ly\/3qMF0zN\" target=\"_blank\" rel=\"noreferrer noopener\">Boutique Boss Planner!<\/a> <\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button aligncenter\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/bit.ly\/3C3Y4zC\" target=\"_blank\" rel=\"noreferrer noopener\">Join The Boutique Hub<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><a href=\"https:\/\/bit.ly\/3qMF0zN\" target=\"_blank\" rel=\"noreferrer noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"526\" height=\"643\" src=\"http:\/\/theboutiquehub.com\/wp-content\/uploads\/2022\/10\/HP-Planner-1-copy.webp\" alt=\"\" class=\"wp-image-45649\" srcset=\"https:\/\/theboutiquehub.com\/wp-content\/uploads\/2022\/10\/HP-Planner-1-copy.webp 526w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2022\/10\/HP-Planner-1-copy-245x300.webp 245w\" sizes=\"(max-width: 526px) 100vw, 526px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"h-ashley-alderson-s-2023-retail-predictions\">Ashley Alderson&#8217;s 2023 Retail Predictions<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-events-and-experiences-rule\">Events and Experiences Rule <\/h2>\n\n\n\n<p>People are craving human interaction and actual experiences. Boutiques have seen success with fun experiences such as hat bars and stocking stuffer bars, and this trend is going to continue into 2023. You don\u2019t need sales to draw a crowd, you need an experience.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-you-can-sell-higher-priced-goods\">You CAN sell higher priced goods<\/h2>\n\n\n\n<p>With the Queen of Sparkle trend in the boutique industry, we have learned that you CAN sell higher-priced goods. Cheap isn\u2019t loyal, your customers also want value more than lower prices. Even with economic worry, people are still spending money. Being unique, having quality and brand name products is attractive to consumers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">You&#8217;re not only a boutique owner, but you&#8217;re also a personal brand\u00a0\u00a0<\/h2>\n\n\n\n<p>You are selling more than a product, it\u2019s a relationship.\u00a0Don\u2019t limit yourself to just your boutique and that one social channel, you\u2019re a lifestyle brand. Build community and where you don\u2019t serve them, find someone who does to build with you. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Live selling is changing, but not leaving anytime soon<\/h2>\n\n\n\n<p>Many new developments in the live space have shifted strategy in 22\u2019. New live and dropship options are emerging daily. Live is a key revenue driver, but shouldn\u2019t be the only one. Especially with live personality burnout being a real factor.\u00a0Also remember, you can go live, without being only a live seller.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Diversify revenue streams<\/h2>\n\n\n\n<p>You are an entrepreneur and business owner, more than just a boutique owner.\u00a0 Open your mind to think about other products you can sell, subscriptions, VIP clubs, affiliate products, real estate, etc.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Perfect content is boring<\/h2>\n\n\n\n<p>BeReal came onto the scene in 2022 with GenZ, proving perfect content is boring.\u00a0TikTok and creative content builds a relationship with customers beyond products alone.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Less is More<\/h2>\n\n\n\n<p>Efficiencies will win back your freedom. Respect your time and honor yourself, and stay true to your niche. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What got you here, may not get you there<\/h2>\n\n\n\n<p>Doing the same thing you\u2019ve always done leads to MySpace in an Instagram world.\u00a0This goes for the people in your life, technology, and you marketing strategy. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Good leaders surround themselves with the right people<\/h2>\n\n\n\n<p>Collaberations and networking with similar people can create that wall of dence and shoulder of support necessary to survive in trying times.\u00a0<a href=\"https:\/\/bit.ly\/3C3Y4zC\" target=\"_blank\" rel=\"noreferrer noopener\">Education and training<\/a> is key &#8211; we don\u2019t know what we don\u2019t know.\u00a0 <strong><a href=\"https:\/\/bit.ly\/3C3Y4zC\" target=\"_blank\" rel=\"noreferrer noopener\">Elevate yourself.<\/a><\/strong><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Get more information just like this by joining the Hub for more training, information, and connections.&nbsp;<a href=\"https:\/\/theboutiquehub.com\/join\/boutique\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.theboutiquehub.com\/join<\/a><\/p>\n\n\n\n<p>Follow along on Instagram&nbsp;<a href=\"https:\/\/www.instagram.com\/theboutiquehub\/?hl=en\" target=\"_blank\" rel=\"noreferrer noopener\">@theboutiquehub<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What a year it&#8217;s been! 2022 brought many lessons, mistakes, and celebrations for the retail industry. Given everything that has happened is 2022, here are my biggest 2023 retail predictions. I hope you enjoy them, and I&#8217;ll see you in membership soon!  &#8211; Ashley Alderson <\/p>\n","protected":false},"author":13448,"featured_media":48373,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":"","footnotes":""},"categories":[3],"tags":[69],"class_list":["post-48366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-boutique-business","tag-the-boutique-hub","pmpro-has-access"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>2023 Retail Predictions | The Boutique Hub<\/title>\n<meta name=\"description\" content=\"2022 brought many lessons, mistakes, and celebrations for the retail industry. 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