Feeds:
Posts
Comments

Posts Tagged ‘selling’

Do you swing in your shop? What’s a swing shop? From the TGtbT.com Glossary of Resale Terms:

Swing Shop: An area dedicated to selling time-sensitive featured items. It can be as small as a single rack, or as large as the entire center of your shop. This area will generally have a much higher sales-per-square-foot figure. For more, see pages 20-23 of Shop Sizzle.

There’s swing shops all around us when we wander through the retail world. Here’s two I saw yesterday:

The first answers the age-old question “What can I get them for Christmas?”

Here's a holiday-gift themed swing shop in Lowe's Home Improvement

Hmm, what do we carry that would make a good holiday gift? Lowes answered that question with this swing shop!

Addressing the concerns that are going through your shoppers’ minds is a good way to decide what your swing shop will be for the next week or month. A gift-suggestion swing shop is especially important in our resale shops, since we do want to let buyers see that yes, they can snag a wonderful gift, even if they are in a secondhand shop!

Another option for a swing shop is to solve their immediate problem.

And what’s more immediate than “What am I gonna cook for dinner?” This swing shop saves the shopper time and foot steps by gathering everything needed for that dish the demonstrator is whipping up!

What's for dinner, a great swing shop!

First they cook, and then you buy: all the ingredients (even the cooking oil!) for the recipe they’re demo’ing.

My first day in my first Manhattan department store job, it started raining after commuters had left their homes. All those folks were caught with no protection from the weather.  A swing shop was hastily set up with all of the cheapest umbrellas in the store, right in front of the glass doors, and that’s where I was stationed, selling umbrellas right and left for hours. Proving that a swing shop can meet immediate needs, and make an immediate and unanticipated profit too!

What’s in your swing shop today?

PS Swing shops can be time-savers, too. Switching it out is a great way to freshen up your shop without totally rearranging it!

Read Full Post »

There are laws in resale you must not flout, a post on AuntieKate.wordpress.com, the Professional Resalers' resource.You must obey this law… and if you don’t, you will suffer.

While flouting this law won’t get you a jail sentence,  it could contribute to the death of your business.

What law are we looking at here? (more…)

Read Full Post »

Lots of consignment and resale shops find Facebook posts like these very useful:

Today Only: All pants 25% off!

Flash Sale: 50% off all lamps today

BOGO: Buy a sweater, get a 2nd half off! Today only, hurry in!

and that’s great. But (more…)

Read Full Post »

Kate helps consignment, resale, and thrift shops succeed

No, Kate’s not a Galactic Roller Derby Queen. Alas.

There’s 2 things that consignment, resale, and thrift shopkeepers know about me (just in case you don’t know me, click here)

One, I insist price tags with printed markdowns are detrimental to your long-range business profit

and Two, I always warn that across-the-board shop-wide markdowns are quite iffy.

But there’s one thing that you may not associate with me, and that’s that

I  want even those who ignore my advice to succeed. Yes, you there, with the price tags with printed markdowns, this idea is specifically for you:

I know, sometimes A: Your shop is simply TOO FULL; B: You might need to goose shoppers to get them buying; and C: It might be fun to reward your shoppers with an unexpected savings event. Therefore, I wanted to share this idea from a consignment peer.

If you need a markdown gimmick, try Take the Next Markdown on the tickets.

Use it as a same-day, one-day incentive on your social media, or announce it late Friday evening for the weekend. Another way to use this idea? As a coupon/ reward voucher “good for the Next Markdown on the ticket, limit 4 items”. *

Would this work for you? It would? You mean you’re actually listening to Auntie Kate for a change? Cooool.

 

*Why that “limit 4 items”? You’d be amazed how many folks will actually BUY 4 items when they get a voucher/ coupon like that… and if it didn’t say that, they’d stop at one.

Save

Read Full Post »

A shopkeeper asked, the other day, the best way to have a successful end of season sale. I think she was looking for some ideas on what others had done along the lines of bag sales, BOGO events, or dollar racks, but I was struck by (more…)

Read Full Post »

« Newer Posts - Older Posts »