Six Benefits Of Having Regular Seasonal Changes As A Retailer
Whether it’s Christmas, Valentines', summer holidays or Halloween, you can guarantee most shop owners will ensure their merchandise and displays reflect it. Seasonal changes are big business for retailers, bringing with them not just a welcome change but a chance to increase sales and boost visibility in a competitive market.
Whether you’re an experienced independent retailer or just starting out, making regular seasonal changes can benefit your shop.
Improves Customer Engagement
Customers quickly tire of seeing the same things, especially when what they’re seeing doesn’t come across as current, so making sure your window displays are relevant and on-trend will keep them engaged, interested, and coming back for more. They will also acknowledge that you’re prepared to take the time to change and understand them by stocking products that reflect their changing desires and needs.
Maximise Your Seasonal Shopper Base
Most retailers often provide seasonal experiences, but if you didn’t stock Christmas, Easter, and Halloween ranges, there’s an extremely high chance your customer base will simply go elsewhere. Seasonal shoppers will spend more on season-specific products and are more likely to make impulse purchases. By offering them seasonal variety, you’re maximising the sales opportunities in your shop and becoming a more reputable source for seasonal products amongst new and existing customers.
Increases Sales And Profit
Increased sales don’t always equate to increased profit, but seasonal products such as autumn décor often generate a high mark-up because demand is high, enabling you to maximise profits before you must discount and sell off any remaining stock.
Working with an experienced and reputable wholesale company for your autumn décor products or your festive range can provide you with high-quality items that have a good margin on them.
Creates A Competitive Advantage
If you’re the shop with the latest seasonal must-haves compared to your competitors, customers will naturally come to you instead. By regularly having up-to-date ranges reflecting the trends and times of the year, you can differentiate yourself and carve out a unique position in your market.
Opportunity For Merchandising And Visual Appeal
Even the best shop displays can look tired over time. Rejuvenating it at specific points throughout the year to align with holidays or certain events can keep it new and current. Even if you’re not selling season-specific products all the time, you can still redesign displays and theme them around a celebration.
Think of jewellers who fill their windows with pink hearts and balloons at Valentines' or the many high street retailers who decorate their shops with rainbows for Pride each year. It's your chance to get creative and add real flair and imagination to what you sell.
Gain Valuable Insights From Shoppers And Staff
Asking your shoppers about your seasonal products and displays can give you more direction, for example, when you choose what wholesale home décor supplies to buy in the future. Seasonality can also provide you with opportunities to test out new ideas, such as in-shop events and customer rewards, to discover what works best.
It's easy to see why seasonal sales and product choices can have such a huge impact on the success of your gift shop. If you’d like to find out more, be sure to get in touch and discover our extensive wholesale product ranges.