Episode description
Adam Pratt is a seasoned veteran of the hobby gaming industry who decided to set up Alpha Omega Hobby in Quincy Massachusetts to have a hobby gaming stall he can call his own. Not only does Adam share the ins and outs of running a hobby gaming store with over 25 gaming tables and over 4,000 square feet worth of gaming space that customers can use for free, Adam also speaks about how his philosophy of giving back to his community has helped him to grow a strong loyal following in terms of customers and community leaders.
In today’s episode, Adam shares the realities of running a hobby gaming store, his tips for building a strong community, and why discounting a product is not the best way to push sales.
Resources:
https://www.alphaomegahobby.com/ - Check out Alpha Omega Hobby
https://www.alphaomegahobby.com/pages/contact - Get in touch with Alpha Omega Hobby
Actionable Take-aways:
1. Focus on building your community and empower them to be involved with the business. This builds loyalty and will pay dividends in the long run.
2. The best way to build a strong community is to be transparent with your customers and just ask them what they need in order for them to become part of the community. Constantly check in with them and understand their needs from time to time.
3. Giving discounts to sell off inventory that is not performing well in terms of sales devalues the product. Running events and competitions and educating your customers about the product is a better way to move sales.
Connect with Ted on:
His Website at : www.tedteo.com
LinkedIn at: https://www.linkedin.com/in/ted-teo/
Instagram at: @ted.teo
Facebook at : https://www.facebook.com/groups/tedteo