HOW TO SHIFT STOCK FAST - 2 Cold Beers on a Friday Night with Reggie Herd

Welcome to a new episode of the UK Flooring Podcast! In this engaging session, we sit down with Reggie Herd, the co-owner of a bustling trade floor store and a fresh face in the flooring industry. Join us as we crack open a couple of cold ones and dive into Reggie's fascinating journey from a 13-year-old sweeping floors to becoming a key player in the flooring business.Episode Highlights:Early Beginnings:Discover how Reggie got his start in the flooring world, working under his father and learning the ropes from a young age.Hear about his transition from hands-on installation to mastering the business side of flooring.The Family Business:Learn about the hybrid model of Reggie’s store, which combines retail and wholesale, avoiding ceramics but offering just about everything else in floor covering.Reggie discusses the challenges and advantages of running a family-operated business.Industry Insights:Reggie shares his strategy on branding and product exclusivity, emphasizing his preference for lesser-known brands that offer unique value.The conversation takes a deeper look into customer misconceptions about flooring brands and how educating them can lead to better sales.Challenges and Adaptations:Delve into the most significant hurdles Reggie has faced, including space limitations and adapting to market changes post-COVID.Reggie’s perspective on balancing a vast inventory with the need to maintain customer interest and manage stock efficiently.Future Visions:Reggie speaks on his ambitions for the future of his business, including potential expansions and his thoughts on maintaining a clear division between retail and wholesale pricing.Personal Insights:Get personal with Reggie as he shares the best piece of advice he’s ever received, which helped pivot his career trajectory.Discover Reggie's interests outside of work, including a surprising favorite film!Engagement with Community:Reggie highlights how his business contributes to the local community, including supporting food banks and animal shelters.Guest Information:Name: Reggie HerdTitle: Co-owner at Trade Floor StoreLinkedIn: Reggie HerdConnect with Reggie:Instagram, Facebook, TikTok: @TradeFloorStoreThank you for tuning in! Don’t forget to subscribe for more episodes, share this podcast with your friends, and leave us a review on your favorite podcast platform. Hosted on Acast. See acast.com/privacy for more information.