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Correlation between gifts and cards

Digging deeper into the benchmark study we undertook based on sales data from 89 newsagencies, it is clear that there is a correlation between gift sales and card sales.  In each store with strong gift sales, the card sales were considerably above average for the benchmark.  Based on this, why would a newsagent not have a crack at gifts – even if space is tight it makes sense to try and find a way to play in the category and therefore enjoy growth in cards.

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Gifts

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  1. Leon Tonna

    Mark,

    Do customers visit a newsagency to buy a card & while there buy a gift or vice versa. Can the data you have seen, determine which category is the driver.

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  2. mark

    Leon it varies form store to store. Usually it starts with cards driving giftf but I now see stores where gifts are driving cards. It all depends on how one attacks gifts.

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