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Gifts

Cows in the window

cow.jpgWe had a good selection of these cows on display near our counter, expecting them to sell quickly – they are a cute and inexpensive novelty gift (with a good margin).  We sold one.  Within two days of moving them to our window we had sold all stock except for one.  As we have found in our gift shops, moving gift stock regularly is crucial to finding sales.  What is lost in one location can work a treat in another.  We have a floor stock rotation program which is helping drive good results from our entry into gifts in our newsagencies.

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Gifts

Promoting gifts

Click here for a copy of the June Newsletter for our Sophie Randall gift shop businesses.  We have evolved this into a more professional, outcome-focussed, document.  The June is the second in this new format.  The customer reaction has been excellent.  We are applying more learnings from our gift businesses into our newsagencies.

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Gifts

Would you like wrap with that?

wrap_upsell.JPGWe have a small selection of animal themed wrapping paper on the table with our animal themed jigsaw puzzles.  While this is common in major retailers, it is less common on newsagencies.  We have achieved good success with suggesting items which go together – like the wrap in the photo.  This approach works especially well in the gift area where gift offers are themed.

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Gifts

Playing with puzzles

fhn_puzzles.JPGWe are playing in the jigsaw puzzle space at Forest Hill and early sales are very good. Our team has selected puzzles based on successes from our calendar range.  The Planet Zoo range looks great!  Each features an appealing image.  There is a social responsibility connection – a portion of each sale is donated to a wildlife organisation by the folks at Planet Zoo.

We find calendar sales are an excellent resource when looking at other parts of the business for opportunities. They demonstrate popular interests – as do magazines.

While we’re not about retire on the sales of puzzles, they are extending the focus of our business and helping achieve gift purchases from our customers which would otherwise have been satisfied elsewhere.

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Calendars

Mother’s Day in newsagencies

fhn_mday_092.JPGWith Easter later this year the pressure was on to get Mother’s Day out and into promotional space.  It is an important season for us in terms of sales of cards and gifts.  Mother’s Day is also important in connecting us with the National Breast Cancer Foundation though the sale of Hallmark cards as part of their Cards For Cure commitment.

Last year we achieved a 22.% lift in Mother’s Day card sales over 2007.  We are chasing double digit growth again this year and triple digit growth in gift sales – we have a much bigger range of gifts than a year ago.

Mother’s Day is an excellent opportunity for newsagents to take a stronger stand in the gift department, or start with gifts if you are not in this space already.

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Gifts

Gift suggestion: Art Deco Wearables

wearables.JPGWe put the Wearables range of purses and related gift items from Russ into our Forest Hill and Frankston stores two weeks ago.  Sales at Frankston have been slow while at Forest Hill they have been excellent – to the point that we need to re-order.  We liked the offer from the outset since the range comes in a display box which sets the Art Deco theme and because the products have an attractive price point and good margin.

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Gifts

Correlation between cards and gifts

I have been digging further into the January – March 2009 newsagent sales benchmark study data over the last few days and have evidence which demonstrates a correlation between gift sales and card sales in newsagencies.  Newsagents with a strong gift offering, $2,000 a month in sales or more, derive a benefit in greeting card sales. These newsagencies have out performed other newsagencies, where there is no significant gift offer, in the January – March 2009 versus 2008 comparison.

While gifts is a hard category to get right, those who have certainly benefit elsewhere in their business.  Newsagents successful in gifts I have spoken with tell me that it tookthree years or more to develop the knowledge necessary to be consistently successful with gifts.

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Gifts

Graduation gifts sell well

graduationgifts.JPGWe’re pleased with the range of graduation gifts we have found, the yellow mugs especially.  Graduation is a good season for us with cards and gifts – from primary school through to university.  Indeed, having good graduation gifts on display helps drive good card sales and this, in turn, gets people shopping the rest of the card department.

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Gifts

Easter plush delivering excellent sales

fhn_easter_plush2.jpgThe table of Easter plush and related gift items we have located in our card department, at the front of the shop, is achieving excellent results.  Each week is better than the last. Since we do not have a defined gift department as such at our Forest Hill store it is a challenge for us to step in and out of the gift space each season.  The changes made by our team for Easter this year- better location, more integrated with cards and Easter eggs, broader range – are working very well for us.  We restock the table daily.

This is a good news business story which has been simple to make happen.   With greeting cards as our anchor for the seasons, it is easy for newsagents to make Easter and other key seasons count for more than just Mother’s Day. We know our Easter sales from last year and have passing them easily as a goal for this year.

The key in today’s climate, from successful newsagents I talk with, appears to be the decision to do more: more than just cards and eggs for a Easter, more than average gifts for Mother’s Day, more than an average magazine display, more than sales only when everyone else has them, more than being an average newsagent.

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Gifts

Going early with Easter pays off

fhn_easter_front.JPGWe are not timid when it comes to promoting seasons nor are we late to the party.  It is hard to enter our Forest Hill store and not pass Easter cards, plush and Darrell Lea products.  The display in the photo (click on the image for a larger version) is the latest created by our team and the second time the range has been moved since being put up two weeks ago.  Sales are excellent, up on last year.

Customer behaviour I saw yesterday vindicates putting all Easter items together – several times I saw people purchase a plush or gift item, an egg or two and a card.   Too often in newsagencies I see cards on their traditional place and a seasonal promotion, like for Easter, in another place and with other products in between.  No matter how much of a merchandising challenge, all product categories for a season work better when placed adjacent to each other with room for people to move around and easily pick up any product.

Historically, product layout in newsagencies has been dictated by suppliers, it still in in some areas.  Now, more than ever, we need to lead on this front in pursuit of what is right for our businesses as opposed to what may be right for one supplier or department.

If you are a newsagent and you have Easter products in several places, I’d suggest you place it all together in one area with a unifying, bold, theme.

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Gifts

Promoting healthy Easter gifts

fhn_easter_09_1.JPGWe are pitching a healthy Easter range in our newsagencies with a good range of plush and other Easter related gift lines.  We have the display at the end of our dance floor, in a high-visibility area.  The Easter stock will be moved a couple of times as the season unfolds – change is crucial in driving gift and related sales.

While we will still have the Darrell Lea range, it is these calorie-free items which we think will sell well early in the Easter season.

I have seen sales data from around fifty newsagencies recently comparing Easter 2008 to Easter 2007.  More than half the newsagencies delivered double digit growth.  While the base in most cases was low, growth is growth.  This demonstrates that with some effort in-store, Easter can drive growth.

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Gifts

Experimenting with gifts

brumpy_gardener.JPGWe are continuing to experiment with gifts at our Frankston newsagency. A couple of weeks ago we put in a spinner of Gardeners’ Knee Pads. While we were skeptical, they have generated good sales and reminded us one again that we are not the customer. Indeed, this mantra is true in all demographic. In another of my businesses we brought in some beautiful Italian music boxes priced from $500 upwards. We still have them. We are not the customer.

The Gardeners’ Knee Pads in Frankston work because they stand out, are keenly priced, meets the needs of our demographic and make for an inexpensive gift. Of course, the sayings on the knee pads are key in their appeal.

We bought these from Gibson. My understanding is that this spinner was one of the last they had left.

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Gifts

Sydney Gift Fair good value

The Reed Gift Fair in Sydney is well worth a visit by any newsagent considering playing in the gift space.  It runs until Wednesday this week.

Judging by the number of newsagents there yesterday, many are now playing in this space.  It is terrific to see newsagents expanding beyond the traditional.  Some were looking at homewares, others at traditional gifts and even one newsagent looking at garden furniture – now that’s really outside the traditional.

Every newsagent I spoke with was excited about expanding with new products.

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Gifts

Monkey business for Valentine’s Day

frank_monkey.JPGOur team at Frankston has come up with a range of gift packs for Valentine’s Day. The one which intrigues me the most is the Monkey Business pack. Inside there are a couple of monkeys and a bottle of passion massage oil. Their goal in using themes with the packs and giving them a name is to bring some theatre to the occasion. Looking at the display as a shopper it works. All ages and situations are covered – usually with humor. The real test, of course, is in the sales. So far, so good.  Today is the real test for Valentine’s Day because it is with the last minute shoppers that you can do very well.

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Gifts

Melbourne Gift Fair report

I spent time yesterday at the Reed Gift Fair in Melbourne looking at product for our shops, catching up with some newsagents and checking in on the Tower Systems stand.

There were plenty for products suitable for newsagents who want to expand their gift range. This is a view shared by other newsagents I talked with. While the stationery related items I saw are easy to fit in our stores, I preferred some of the homewares products which could easily be sold in newsagencies.

Entrepreneurial newsagents are tapping into fashion related gift items and driving a better return from floor space. This Melbourne Fair shows off those opportunities for newsagents open to change. If you come along with newsagent eyes then you will think it is a waste of time. As some people would say, this fair, for newsagents attending, is about new money. That is why those I spoke with at the fair liked it so much.  New money = new customers, better margin and more control.

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Gifts

Good Valentine’s Day sales already

val_swing.JPGSeveral newsagents I have spoken with over the last  few days tell me that Valentine’s Day card sales are good even though the big day is three weeks away.  I prefer to go out early with seasons like Valentine’s Day because it shows customers who like to browse that you have the range.

The challenge is to balance seasonal space allocation such that it does not distract from regular card sales.

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Gifts

Great Valentine’s Day gift packaging

smoochies.JPGI love this Valentine’s Day gift packaging from Hallmark.  It is different ot the traditional Valentine’s Day material and will appeal to a broader demographic.  While the traditional range is well covered in this year’s Hallmark range, it is this new packaging which draws attention.  The nutrition facts on the side show that a lot of thought has been put into developing the creative for this Valentine’s Day box.  We are using the box and other items using this design as the centrepiece Valentine’s Day cards and gift packaging.

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Gifts

A horseshoe for the bride and traditions

wedding_keepsake.JPGI was asked yesterday about  the purpose of the wedding keepsake, a bridal horseshoe.  My customers were a young Chinese woman and her mother.  I stumbled through, saying it represented a wish of luck for the bride on her wedding day – to be given after the ceromony.  The giving of a horseshoe is something they had not heard of before.  They loved the idea of it bringing luck for the bride and bought one.  Judging by the animation of the conversation between them, I expect to sell more to other guests before the wedding.

The encounter made me realise I didn’t know enough about the history of the bridal horseshoe or wedding keepsakes generally.  Check out The Brides Diary for one example of more on this subject.

Product knowledge is very important and maybe I am not as advanced as others on this.  I know that for our Sophie Randall business we have a booklet we have put together explaining religious occasions and the difference between baptism, confirmation and other similar religious occasions.  The wedding horseshoe encounter has convinced me to expand this to add wedding tradition information along with details of traditions for other occasions for which we sell products – graduation, twenty-first birthdays and the like.

The ultimate booklet I see for our newsagencies is something which we can have behind the counter to answer questions, help with card choice and help with gift selection.  Then I will be ready if I’m asked about a tradition like bridal horseshoes.

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Gifts

A happy space in a newsagency

positive_prod.JPGThese postcards make customers happy – when they browse and when they purchase.  Their positive message is infectious to people open to feeling happy.  They are part of a range we have from Compendium.  In several of our stores are have a happy space where everything is about nurturing happiness.  We have not signed the space or made it obvious in any way other than through the placement of products.  The products are popular.  They are purchased on their own and as a small gift to go with a greeting card.  Besides the postcards, there are booklets, books, cards and trinkets.  Besides being happy with the sales, this part of the shop is good to visit as the products inspire as well as the customer who browse them.

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Customer Service

Christmas at the counter

counterchristmas.JPGAfter an amazing three week run we have replaced our counter Australian Women’s Weekly display with Christmas gifts – as shown in the photo.  We have gone for easy to sell Christmas items here.  The mugs are selling especially well from this position as are small Christmas decorations.  It is great seeing people come to their counter with a newspaper, magazine or other items and then add a $9.95 mug to the basket. 

AWW will sell out this month as a result of the display we left in place at the counter.

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Gifts

Teacher gift season

teacher_gifts.JPGWe have done good business these past couple of weeks in teacher gifts – desk calendars, photo frames, figurines, books and charms.  These gifts along with cards have sold well.  The photo shows one of the desk calendars we carry and a beautifully packaged glass apple – ideal for a female teacher.  While the end of the school year is not as big as the start, it is a nice boost since not many retailers play well in this space.  I like that a teacher gifts promotion combines departments.

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Gifts

Finding gifts for newsagencies

book_gifts.JPGThese books are an easy sale with card purchases.  The book captions tie in well with popular card giving occasions.  Plenty of suppliers offer books which fit with cards like this including Hallmark, Compendium and Care and Share.  We use all three suppliers in our newsagencies and gift shops.  The key is to keep moving stock so there are always fresh titles on offer.  Price is also important as customers are looking for something which feels valuable but without a high price tag.

There are many ways to approach gifts in newsagencies.  Our experience is that starting with existing suppliers is a good first step. Some existing newsagency suppliers have gifts which are not usually offered to newsagents.  Ask.

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Gifts

Smelling sales success

fhn_fragrant.JPGThese Vintage Traditions sachets are a good reminder of the theatre of retail.  Customers are drawn to their smell and some soon make the $2.50 purchase.  While our newsagencies are visually very noisy, smell wise they are quiet.  This product has the smell senses all to themselves.  Maybe that is why the range has been so successful for us in just a few short days.  We have it displayed with our range of boxed Christmas cards so there should be some flow on sales as a result.

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Gifts

Making licenced product work

frank_hsmontannt.JPGThe Hannah Montana and High School Musical stationery and calendars from Hallmark have hit at a good time. They fit nicely into the Christmas and trade on the back of excellent recent publicity. The products also serve a demographic for our traditional shoppers shop. While taking offers such as these from Hallmark and other suppliers can be financially challenging, they are important since they sow the business moving outside of traditional seasonal offers. Not all licenced product works this well – you have to weigh the market carefully.

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Gifts