Many small business retailers are enjoying double-digit growth in their businesses, in the middle of the challenges of Covid, contrary to the negative reports we are reading and hearing from plenty of media outlets.
We are heading about the growth from small business retailers using our POS software. Not all are growing, but many are.
The growth in small business retailers is happening in a range of retail channels: newsagents, garden centres, pet shops, toy shops, produce businesses and more.
The retail sales growth is especially evident in small business retailers located on the high street as well as in rural and regional locations.
Shopping centre businesses are certainly challenged, due to traffic issues.
We mention this, again, today to reflect that there is plenty of good news in the small business retailer world right now, good news that speaks to businesses that are growing – some because of fortune, some because of good moves by the business owners and some that are a mixture of these two and other factors.
The challenge for retailers that are growing in the middle of Covid is whether they discuss this. Retailers we have spoken with are reluctant to speak about it because they do not want to come across as gloating about their good times compared to the awful times others are experiencing.
We’d love more retailers who are experiencing good times to share their good news stories as this could help show others paths that they could take. The good news could also push back against the news media narrative that is, we think, too much based on stories of doom and gloom.
There is no doubt that being online is key to success in this Covid world. Being online representing your existing business as well as representing new product opportunities through which you are seeking to attract shoppers you have not served previously through your business. This is the Covid pivot people speak of, the turn a business makes to attract people they have not attracted previously.
Tower Systems itself has evolved trough Covid, working online more, being more connected through Zoom, Microsoft teams, using our CRM system and leveraging other commercial tech. platforms through which we can be with our customers every day in ways that are useful for them, serving their needs in a timely and professional manner.