Retail Checks & Balances

By: Kevin Spencer
  • Summary

  • Welcome to Retail Checks & Balances!

    I'm your host Kevin Spencer and this podcast takes you behind the scenes of the bustling world of commerce and culinary delights to help you grow your business and WIN!

    For the past 22 years I've been helping retail businesses with maximizing their profitability along with process deliverables and I would like to share my expertise and what I've learned along the way.

    In each episode, we'll bring you captivating interviews with industry experts, passionate chefs, epic restauranteurs and inspiring retailers, as they share their insights, experiences, and the recipe for their achievements.

    So join us as we explore the fascinating stories, trends, and challenges that shape the retail and hospitality industry, from cozy corner cafes to sprawling shopping malls.

    If you want to star in your own episode reach out to

    bookings@retailchecksandbalances.com


    © 2024 Retail Checks & Balances
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Episodes
  • Achieving Agilence with Russ Hawkins
    Dec 16 2024

    In episode 39 of Retail Checks and Balances, Kevin Spencer interviews Russ Hawkins, CEO at Agilence Inc., as he discusses the importance of leveraging data to tackle challenges like shrinkage and total retail loss, and how Agilence helps businesses make better decisions through effective data management.


    Tune in to explore the fascinating world of retail data analytics and its impact on business operations.


    TIMESTAMPS

    [00:03:30] Building companies and problem-solving.

    [00:05:30] Data wrangling for businesses.

    [00:12:35] Total retail loss concept.

    [00:14:56] RFID technology advancements.

    [00:19:09] Data-driven customer engagement strategies.

    [00:25:20] Online presence in retail.

    [00:28:10] Supply chain disruptions and inventory.

    [00:32:06] Consumer behavior during Christmas sales.

    [00:36:09] The origin of Black Friday.

    [00:38:41] Data-driven decision-making.


    QUOTES

    • "A long history of working didn't grow up with any money but found that the way to basically run your own business without having the capital to start it is to be in the sales business." - Russ Hawkins
    • "We can't get accustomed to just doing the same thing every day. You gotta evolve with change, which is constant as we all learn." - Kevin Spencer
    • "It's kind of a self-fulfilling, you know, virtuous circle here, that virtuous cycle where you give the employees the ability to be better consultants to the customers." - Russ Hawkins



    SOCIAL MEDIA LINKS


    Kevin Spencer

    Instagram: https://www.instagram.com/kspencer007/

    LinkedIn: https://www.linkedin.com/in/kevinspencer007/


    Russ Hawkins

    LinkedIn: https://www.linkedin.com/in/russhawkins/



    WEBSITES


    Rod Plus Solutions: https://rodplussolutions.com/

    Agilence Inc.: https://www.agilenceinc.com/




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    40 mins
  • Life and Health Insurance 101 with Lorena Tomasini
    Nov 18 2024

    In episode 38 of Retail Checks and Balances, Kevin Spencer interviews Lorena Tomasini, owner of MALM Life and Health Insurance Agency, as she discusses the distinction between health insurance and health supplements, clarifying common misconceptions.


    Tune in to gain insights into the life and health insurance field


    TIMESTAMPS

    [00:04:01] Financial protection through insurance.

    [00:07:36] Common misconceptions about insurance.

    [00:08:17] Protecting your finances with insurance.

    [00:12:48] Life insurance age demographics.

    [00:18:03] Hobbies and interests of guests.

    [00:21:43] ICRA and health insurance trends.

    [00:24:46] Life insurance policy trends.

    [00:29:00] Importance of personalized insurance plans.


    QUOTES

    • "Always doing what's right for the client and not based on what you're going to get paid or anything like that. It's always offering a solution to the client that meets their needs." - Lorena Tomasini
    • "It's about protecting your finances if something were to happen unexpectedly, that you don't have to owe the $50,000 bill at the hospital." - Lorena Tomasini
    • "I think everybody needs to have that life and health insurance covered, especially in this modern day where anything can happen spontaneously." - Kevin Spencer



    SOCIAL MEDIA LINKS


    Kevin Spencer

    Instagram: https://www.instagram.com/kspencer007/

    LinkedIn: https://www.linkedin.com/in/kevinspencer007/


    Lorena Tomasini

    Instagram: https://www.instagram.com/lore0125/

    Facebook: https://www.facebook.com/malmins22

    LinkedIn: https://www.linkedin.com/in/lorenatomasini/



    WEBSITES


    Rod Plus Solutions: https://rodplussolutions.com/


    MALM Life and Health Insurance Agency: https://www.malmins.com/



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    32 mins
  • Birthday Gifts - How Loyalty Keeps Giving Back
    Oct 21 2024

    In episode 37 of Retail Checks and Balances, Kevin Spencer celebrates his birthday and discusses the significance of customer loyalty, particularly on special occasions.


    Tune in to discover how businesses can leverage these moments to strengthen customer loyalty and drive success in the retail and hospitality industries.


    TIMESTAMPS

    00:00:00 - Introduction to Retail Checks and Balances

    00:00:31 - Kevin’s Birthday and Customer Loyalty

    00:01:04 - Personal Birthday Experience at a Restaurant

    00:03:34 - Applying Birthday Loyalty to Retail

    00:05:25 - The Power of Surprise in Customer Loyalty

    00:06:29 - Extending Loyalty Beyond Birthdays

    00:07:16 - Recap and Final Thoughts on Loyalty

    00:08:22 - Closing Remarks


    QUOTES

    • “This is how we foster loyalty and build emotional connections to our customers. And the key driver of customer loyalty specifically for birthdays is delivering something that serves to be consistent and build a great foundation with your customer.”
    • "Tailoring the experiences and offers to the individuals can create a deeper loyalty than you can ever imagine."



    SOCIAL MEDIA LINKS


    Kevin Spencer

    Instagram: https://www.instagram.com/kspencer007/

    LinkedIn: https://www.linkedin.com/in/kevinspencer007/



    WEBSITE


    Rod Plus Solutions: https://rodplussolutions.com/



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    9 mins

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