DiscoverBringing Business to RetailFrom 1 Store to 100+ in 5 Years - How PayMore Did It
From 1 Store to 100+ in 5 Years - How PayMore Did It

From 1 Store to 100+ in 5 Years - How PayMore Did It

Update: 2025-11-20
Share

Description

How do you grow from one small electronics store to over 100 locations in just a few years—while redefining what secondhand retail looks like?

In this episode of the Bringing Business to Retail Podcast, Salena Knight sits down with Stephen Preuss, CEO & Co-Founder of PayMore, one of the fastest-scaling secondhand electronics franchises in the U.S.

Stephen shares the real story behind PayMore's explosive growth, including:

💡 How a 20-year journey led to a "brand-new" retail category
🔌 The proprietary technology that lets PayMore price and process electronics in minutes
♻️ How the company is keeping millions of pounds of e-waste out of landfills
🏬 Why they blended brick-and-mortar retail with a powerful e-commerce engine
🚀 The decision to franchise—and how it helped them expand coast to coast
🎯 What every retailer needs to know about resale, sustainability, and the circular economy

Whether you run a physical store, sell online, or want to inject innovation into your retail business, this conversation will change the way you think about growth, customer experience, and the future of pre-loved products.

If you're curious about scaling, franchising, tech-enabled retail, or building a business that customers trust immediately, this episode is for you.

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

From 1 Store to 100+ in 5 Years - How PayMore Did It

From 1 Store to 100+ in 5 Years - How PayMore Did It

Salena Knight