Episode 436: 4 Ways to Keep Profitable During COVID – Brandon Wong
At some point in the last eight months, you’ve probably questioned why you decided to become an entrepreneur. We know that keeping your small business afloat during COVID hasn’t been easy.
Brandon Wong of Photo Booth Supply Co joins us for his second episode of the Bokeh Podcast to explain how COVID impacted his business, and the shifts he made to continue to stay profitable. Listen in as he describes conceptualizing the plan to pivot their marketing, product offerings, and even team responsibilities.
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How COVID Impacted PBSC (7:48)
Things They Could Control during COVID: (10:00)
Team Members (15:43)
– Froze hiring process.
– Keeping 10/10 Team
– Developing Processes
– The Photo Booth Podcast
– Youtube Channel
– The Photo Booth Academy
Product Strategy (40:54)
– Sanitation Opportunities
– Virtual Events (Booth Summit)
4 Ways They’ve Stayed Profitable:
– Only a 21% churn rate
– Maintained profitability every month except for April
– Maintained team size
– Better equipped to scale than before
Episode 371 with Brandon Wong – Passive Income for Photographers