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Competing with chain stores is one of the toughest things a
retail store has to face. Most consumers like supporting the
smaller, independent stores but visit chains for the cheaper
prices. So what's a retailer to do? Fran Saperstein has some
practical ideas to close the gap between you and the larger
competition. You don't have to be the biggest store out
there, just the SMARTest.
Jami Petersen
newsletters@a-z.com |
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Occasionally
Scrapbooking.com Magazine would like
your opinions on different topics that
are relevant to the craft industry. We
would appreciate your valuable feedback
about adhesives:
Click here to participate. . .
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News you can use
about the latest media coverage of hot
trends, noteworthy events and dynamic
industry leaders. Learn more about the
current headlines in arts and crafts by
clicking on the title of each article
segment.
Scrapbooking company attempts fresh
start after bankruptcy. "Creative
Memories will no longer be
employee-owned when the company gets
through the bankruptcy process. Anderson
said the company will be free of its
debt, and will be able to expand its
products online and grow."
Living with Less: Getting creative
during a recession. "While retail
numbers in December fell to their lowest
point since the 1970s, some local craft
store owners said their business is
holding steady. National chain craft
stores Michaels and Jo-Ann Stores
experienced strong sales in November and
December for “small-ticket craft
supplies” despite sluggish overall
sales, reports The New York Times."
Sayreville students preserve special
memories in school club. "...the
children will spend about 40 minutes
every two weeks perfecting the art of
scrapbooking. At the end of the program,
each child will receive a scrapbook in
which they can proudly preserve their
memories for future enjoyment."
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Capturing Chain Store Sales
by Fran Saperstein |
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Why Consumers Shop Wal-Mart and What You Can Do About It!
The past two weeks, we’ve discussed how the industry has boxed itself into a
corner with all the intricate products and I provided both retailers and
manufacturers with some strategies to better support new scrapbookers as they
enter the market.
As a follow up, we asked some scrapbookers on the Scrapbooking.com
Magazine bulletin board for their insights. We asked these consumers where they
purchase scrapbooking products. While many did enjoy shopping their local
scrapbook store, many regularly shopped at Wal-Mart, Michael’s, and other large
chain stores.
Today we will discuss why consumers continue to shop at the larger chain stores
and what can manufacturers and independent retailers do to recapture this
market.
Let’s first consider why the new scrapbooker would start to shop in a large
chain store:
1. They are already in the store getting other products for their families.
2. The selection is fairly limited, making their decisions easier.
3. There are always coupons and promotions to take advantage of.
These are the usual comments and concerns we see, but how is an independent
retailer to compete with this? Let’s take the reasons above one at a time:
They are already in the store getting other products for their families.
Now, I am not at all recommending that a scrapbook store start to carry
groceries or children’s clothes. However, I am suggesting that when choosing
your location, the surrounding stores should be considered. Is the shopping
center a destination for busy women? Is there traffic to ensure that people are
coming and going and that your store will be seen?
The selection is fairly limited, making their decisions easier.
This is, to me, the crux of the issue. New and occasional scrapbookers are often
overwhelmed by the selection out there. To ensure that everyone who enters your
store has what she needs to make her decisions, consider these strategies:
1. Make your store easy to navigate; use signage to help guide people through
the store.
2. Merchandise by theme – make it easy for a new scrapbooker to find what she
needs to complete a project.
3. Merchandise by brand – the intermediate and advanced scrapbookers will prefer
to shop their favorite manufacturer collections.
4. Merchandise by product category – the advanced and intermediate scrapbooker
can easily find what she needs to finish that specific project.
Overall, the idea is to make it easier for a busy person to easily find what she
needs, when she needs it. The more convenient you make the purchase process, the
better your relationship with your customers.
There are always coupons and promotions to take advantage of.
1. We’ve said it before in this column: Promote, promote, promote! There should
be events monthly and weekly.
2. Accept coupons from your competition! Yes, I mean that 40% coupon that comes
in the mail every Sunday! If you don’t accept that coupon, you are basically
telling your consumers to go elsewhere.
3. Provide your own coupons for your consumers. One way to do this is through
Scrapbooking.com Magazine’s Premier Retail Store program. The program includes
an online coupon that you can change monthly. Learn more about this program
by clicking here.
In the end, it’s about making shopping easy and convenient for your customers.
It’s about providing your customers with a reason to come into your store, and
it’s about being located where they already need to go, as well as allowing
potential customers to easily find you. Be SMART, learn from the big chains and
hold your own in the marketplace! |
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Dedicated to those helping consumers preserve treasured
memories.
The Professional Scrapbook Retailers
Organization™ (PSRO™) bridges together retailers and
suppliers for insight into the memories market.
Through educational programs, business
services, industry research, networking, and events, PSRO leads
its members to discover, understand, and act on new business
opportunities.
For more information, or to join PSRO, visit
www.psro.org or contact our member service
department at 517-788-8100. |
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Press Release: Sakura
Pen Used In Historic Presidential Election
The Board of Elections selected the Pigma® Micron®
to mark ballots for the Presidential election. |
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The Chicago Board of Elections selected the Pigma Micron 08
pen for citizens to use to mark their ballots for the 2008
Presidential election. The quick-dry time, waterproof and
fade resistant ink qualities translate into a permanent
record of an individual's vote. The smudge-free rich black
mark ensures the highest scanning accuracy by authorized
ballot scanning machines. A Federal requirement mandates
that all ballots be safely stored for twenty-two months
after an election. Municipalities are confident when using
the permanent, light-fast pigment ink of Pigma Micron that
ballot vote marks will not fade, smear or feather after
being counted and stored. The patented high quality of PIGMA
ink mirrors Sakura of America's corporate philosophy that
each individual has the right and Power to Express® their
beliefs and creativity.
"We are pleased that the Pigma Micron pen was selected as a
tool for Chicago citizens to express their desire for a new
direction, and cast their vote in this momentous election,"
states Peter Ouyang, Vice President of Marketing and Product
Development. "Sakura of America is known worldwide as an
authority of ink technology, and for its research and
invention of permanent, fade resistant, chemically stable
inks. Our strong ties to Chicago communities are through
Grimstad Comerford Group, Inc., our representative for over
a decade."
About Pigma Micron and Permanent Writing Instruments
The Pigma Micron pen was invented and patented in the early
1980s. Pigma Micron preserves official records of
architects, archivists, anthropologists, entomologists, and
laboratories. Manga artists, cartoonists, and professional
illustrators use and tout the benefits of the rich black
color of PIGMA® ink. Scrapbook and craft hobbyists preserve
and create mementos that last a lifetime with Pigma Micron.
To prevent personal identification theft and check washing,
it is vital that checks and legal documents are signed with
ink that is waterproof and chemical resistant. Fraud
resistant, permanent ink is also delivered in Gelly Roll®
fine and medium point, SumoGrip® II, and Pigma Sensei® Manga
drawing kit pens.
About Corporate Philosophy
The corporate philosophy states that all people have ideas
and thoughts worthy of expression, and each individual has
the right and Power to Express® their beliefs and
creativity. This translates into the company goal of
providing state of the art writing instruments and art
materials that are high quality and affordable.
About Sakura Color Products of America, Inc.:
Sakura Color Products of America, Inc. is headquartered in
Hayward, CA; the company services the U.S. and Canadian
markets, and is the U.S. subsidiary of privately held,
Sakura Color Products Corporation of Osaka, Japan. For
company, product details, and a retailer locator:
sakuraofamerica.com
or call 800-776-6257.
About Grimstad Cornerford Group:
Grimstad Comerford Group provides an experienced,
results-oriented sales team with the abilities and resources
to penetrate, build and service the Art Materials, Craft,
Scrapbooking and Paper Arts industry. The ability to develop
markets, both short and long term, is part of our stability
and our success. Contact at: gcgnet.com 800-536-4278.
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