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In this video I talk with Jennie Love of Love n Fresh Flowers for her new podcast Floral Guild Radio. Our topic for this conversation is shrinkage. Jennie found a statistic that 45% of a florist inventory is never sold! There are many reasons that cause inventory loss: disease, hydration problems, harvest errors, post harvest care issue and more. Ellen and Jennie discuss compensation and ways to reduce shrinkage.
// Chapters
0:00 Intro
0:40 Shrinkage Stats
2:30 Shrinkage for Events vs Retail
3:45 Wholesaler vs Local
6:15 Wholesale Refunds
7:55 Consequences
9:45 Local Refunds
11:50 Reducing Shrinkage
14:05 Harvest Stages
16:30 Farmer Florist Communication
17:40 Farmer Success Tips
23:20 Florist Success Tips
27:35 Buying Strategy
33:00 Final Thoughts
If you don’t know me - my name is Ellen and my dream is to build a community of flower nerds who have an endless appetite for learning and experiencing all things flowers! Join me on this channel as we learn about sustainable floral design, life as a florist and how you can make a difference in the world through flowers.
// Subscribe to my weekly flower newsletter
www.ellenfrost.com
// Learn with me at The Gardeners Workshop
Preparing To Sell To Florists: thegardenersworkshop.com/prod...
Growing Your Business With Local Flower Sourcing: thegardenersworkshop.com/prod...
//Jennie's Resources
The Wedding Process
thegardenersworkshop.com/prod...
Making Workshops Work For You
thegardenersworkshop.com/prod...
Philly Floral Guild
philadelphiafloralguild.com/
Floral Guild Radio Podcast
podcasts.apple.com/us/podcast...