Archive for the ‘Holiday’ Category

Merchandising Suggestions for Father’s Day

Wednesday, May 26th, 2010

With Father’s Day approaching people wonder “What do I get for the dad that has everything?”  This is where you come in.  By stocking more than just the “Worlds’ Best Dad” t-shirts you will be setting your store apart from the competition.

Here are some ideas to consider:

  • Small electronics, like a GPS or an MP3 player, are very popular items and are sure to be sought out by shoppers.
  • Sports equipment, especially for golf, is a classic Father’s Day gift
  • As well as sports apparel and memorabilia.

Additionally:

  • Tools
  • Sunglasses
  • Books
  • and gift certificates are very popular.

So don’t miss out on the opportunity to carry some of these items in your store!

Your Ideas for Successful Summer Sales

Thursday, May 13th, 2010

With Memorial Day and other summer sales quickly approaching, we wanted to spotlight some summer sales techniques. And because one of our best resources is you, we wanted to ask you what has worked best in the past when promoting and implementing summer sales.

Memorial Day is the time to pull out the summer patio sets, hats, sunglasses, margarita sets and more. It is the official start to summer and people are ready to stock up on the essentials. Also don’t forget that the summer wedding season is kicking into full gear, so wedding gifts that are properly displayed and priced can start to fly off your shelves.

Because of the three day weekend, you have an extra opportunity to reach consumers to get them shopping. So take advantage by using eye catching signs, sidewalk sale techniques and sales that are sure to get people in your door.

We want to open this one up to you, the retailer. What has worked for you in the past when it comes to summer sales?

Is there a certain sign or display idea that produced better results than others?

And also, what didn’t work for you?

Please let us and other retailers know so that everyone can have a prosperous summer sale season. Leave your comments and suggestions.

Friday Feature Product: Ring Displays

Friday, January 29th, 2010

Some statistics out there have said that 10% of all engagements in the U.S. happen on Valentine’s Day. This number seems a little high, but the bottom line is that many use this romantic day to pop the big question and that means ring sales! Even if you’re not a diamond selling store, in today’s economy, it is not unusual for women to opt for a non-diamond engagement ring. And really, any store that sells rings can benefit from effectively displaying products. In addition to making rings standout against a flattering background, having ring displays keeps these small items in front of your sales associates.

Depending in your store’s needs there are several ring displays to choose from. And because each of these displays are available in either black velvet or faux white leather, store owners will be able to choose the best color backdrop for featured merchandise.

To display many rings at once we recommend using the five finger ring display, twelve finger ring display, foam ring insert with 72 slots, foam ring inserts with 36 slots or foam ring pads with 8 sections. To highlight a special ring or to let a customer view a ring alone, the single finger ring display is available with either a round or square base. If your goal is to add some interest to your displays, the polystyrene display hand or the horizontal display hand are great options that will make rings sparkle.  the horizontal display hand are great options that will make rings sparkle.

Foam Ring Inserts with 72 Slots Faux Leather Five Finger Ring Displays 8 Faux Leather Single Finger Ring Displays with Round Base

72 Ring Foam Display |   5 Finger Ring Display Polystyrene Display Hand |   Single Ring Display

Also, don’t forget a plastic ring size measuring stick and a finger size measuring ring set with 25 plastic rings on a chain so customers know exactly what will work for them.

Plastic Ring Size Measuring Stick Finger Size Measuring Rings- 25 Plastic Rings On Chain

Ring Size Measuring Stick | Finger Size Measuring Rings

How do you display rings you sell? Do you display single rings? Multiple rings? Or both?

Tuesday Tip: How to Create Displays for Men vs. Women

Tuesday, January 26th, 2010

Like many things, it’s not surprising that men and women have different shopping behaviors. It is beneficial for store owners to cater certain displays toward women and others toward men, depending on the item featured and the season. Valentine’s Day is a perfect time to test how creating displays targeted at gender can increase sales because both men and women will be out in search of gifts for their significant others.

You can find countless articles about the different shopping habits between men and women. I would advise glancing over a few of these because they are very interesting. You will find information such as:

  • Women spend $4 trillion annually and account for 83% of consumer spending in the U.S. (from WomenCertified.com)
  • “A man will pay $2 for a $1 item he needs. A woman will pay $1 for a $2 item that she doesn’t need.”
  • One of the most important aspects for men when shopping is checking out fast. One of the most important things for women is the experience and feeling like an important customer. (from a 2007 study done at Penn State)

Knowing some of this information, you may be asking yourself how do you translate this to your displays. Here is what we recommend thinking about when displaying for men:

  • Make sure items that your popular items for men are very easy to find and in stock. Because men have a “get in, get out” shopping mentality, they may give up at your store if they cannot find exactly what they are looking for quickly. Instead of creating cute, decorated displays we would recommend focusing on visible signage and keeping products organized.
  • Men are less likely to ask for help than women, try to make all products available on the floor. Though it may look better to display an item without the clutter of having multiples of that product, men may not go looking for that displayed product if it is not readily available.
  • Especially during Valentine’s Day, men may be a little out of their element when shopping for wives or girlfriends. To make them more comfortable, keeping popular Valentine’s Day merchandise in one area might be a good idea so they are not overwhelmed having to walk and search through the entire store.

Women are a little more eclectic in their shopping style, so you have more freedom with your displays. Here is what we recommend thinking about when displaying for women:

  • Because women love options and deals, displaying a plethora of merchandise can be advantageous when targeting women. You can utilize a mix of dump bins, tables and racks to feature lots of merchandise. Displaying products at different price points will allow women to measure their options. Most women are not overwhelmed by a large inventory.
  • Make sure that you let your female customers know that you appreciate their business and ask for feedback from them. You can do this by adding things such as comment boxes or survey slips in your store.
  • Women are more likely to buy multiple items when they can see them together. For example, when a woman is shopping for her husband, pair that great wallet with a snazzy watch.

How do you make displays more appealing to men verses displaying for women?

Tuesday Tip: Maximize After Holiday Sales

Tuesday, December 29th, 2009

With Thanksgiving and Christmas past, after holiday shopping is in full gear. Shoppers are still looking to save money where they can, which means they are out coupon hunting and sale searching to find the best deals out there. Independent retailers are going to have to price items very competitively to drive customers toward the registers.

According to the National Retail Federation, the number of shoppers was up but spending was down on Black Friday. If you were disappointed with Black Friday and December 26 sales, there is still time to increase your December/January figures. Independent store owners can take advantage of the holiday foot traffic by effectively highlighting marked down merchandise and displays.

The key for store owners is not only to get customers into your store but to spend money there as well. The first thing to consider is communicating to roadside customers or passersby that your store is featuring sales. You have about three seconds to let people know what they can expect to find inside. Especially as mid-January approaches, shoppers will still be looking for those holiday signs. Key places for signage are in window fronts, sidewalks and by the road. Remember to keep your signs simple, direct and professional. Easy-to-read, attractive signs will relay important messages to your target market.

Along with coupons and mailers, stores will attract more buyers by featuring merchandise with store fixtures and supplies that are designed specifically for highlighting sales. We have always recommended using a mix of hanging racks, bins and shelves. Round racks and dump bins are an economical way to feature a large amount of items and do not require lots of maintenance throughout the day. Because these fixtures stand alone, they are optimal to place in high traffic areas and draw customers to a particular area of the store.

Sell holiday merchandise quickly to make room for new 2010 items. We also recommend setting goals for employees and rewarding those who are keeping a positive attitude.

Everyone have a safe and happy New Year’s!