Shop Talk Manager Updates

El Camino

hope everybody had a great July and stayed cool and hydrated. I also want to give a special thanks to Stan and Wayne for the great time at NPA in Georgia. Met a lot of great vendors and learned from a couple seminars. Mingled with other great pawnbroker around the U.S. and shared crazy and unique stories and took ideas from other pawnbrokers. In other great news sorry Florin but it was a great run, but team Elco took it this time we tried pushing for 100k fell short of 7k. Also it’s not a secret or out of the norm we continue to grow our loan balance through out the company. Another great thing we provided is new inventory to some of the stores lets sell, sell, sell to feed that loan beast. We are running the 20% down and 20% off layaway promo this month so let’s lock inventory into layaway. Other than a huge thanks to team El Camino we have a goal of 70k this month. 10k more than last year to date. Hope everyone has a great August if anyone has a chance check out the Rib cook off in Reno 30th - September 4th

Cheers, Tony Mora

Welcome to the August edition of our monthly newsletter! As we dive into the summer month, Roseville has set our sights on an exciting and ambitious goal: to surpass last year's August sales of $41,000. This year, we are determined to reach even greater heights, with a target of $50,000 in August sales. Let's take a moment to reflect on the accomplishments of July. Our loan balance has grown by an impressive 3%, a testament to the confidence our customers place in us. Redemptions have seen a 1% increase, showcasing the effectiveness of our services in meeting their needs. We are particularly proud to share that we welcomed an 8% rise in new customers, expanding our community of satisfied clients. Our dedication to growing our loan balance is unwavering, and each new customer we can assist contributes significantly to pushing our balance upward. We are committed to providing exceptional service and fostering financial empowerment for all our valued customers. Together, let's make August an outstanding month, exceeding expectations and reaching new milestones. Thank you for being part of the Loyalty Pawn family, and we look forward to a fantastic month ahead!

Justin Martinez

I hope everyone had a safe 4th of July last month cause its time for the big holidays to make an appearance. That’s right winter is coming and with it pumpkin spice latte and good food and more time with family. Aww yes and only the best time of year CHRISTMAS that’s right I’m talking about Christmas time in August. The perfect time to start your shopping with loyalty pawn and having such a great sale this month matching layaway payments up to 20% that’s just what the Broadway team is going to be doing we are pushing layaways on everyone who walks threw the door. We are demanding that our new team members ask every customer they interact with both Dominic and CC are undertaking the training process and we are going to be expecting big things from them. So take a way’s this month Broadway has 2 new team members buy stuff from loyalty pawn on layaway and Christmas is the best time of year.

John Mark

I hoped everyone had a wonderful Independence Day. I wanted to congratulate Team Florin for hitting an alltime high loan balance. We ended July with little over $1.9million in loan balance and we have never done this before, so big congrats to them. Great job El Camino for taking first place in sales, it was a great run to see who is going to take first place. Every time we got close to beating you guys, Team El Camino pulls some magic out of their hat and pulls forward with the lead. So overall great to the team. Florin is going to come back in August with full force and reclaim our first place in sales. Florin did some rearranging our showroom floor to make it look a little different and by doing so we were able to move some of our older amps and speakers. We are going to do some rearranging this month to see if we can move some more of our inventory. Our focus for August is to look in as many layaways as we can. We have a goal set for 100 layaways this month and to end August with $85k in sales. We have about 5 months before Christmas and now is the perfect opportunity to lock in those layaways, especially with this month’s promo. Get a head start on Christmas shopping 20% down we match up to 20% off on layaway.

“Life is like a bicycle. To keep your balance, you must keep moving.”

Mark Xiong