In order to price a product correctly, it’s important to consider some factors that will help determine its value properly. Here are ten things to know before pricing a product. 1. Cost of Production No company can sell a product for a price less than the cost of its production. First, calculate how much was […]
4 Ways to Appeal to a Variety of Customers
by Emma Sturgis As you know, the business of retail is a competitive one. No longer is it enough to rent a storefront, fill it with goods, put an ad in the press and wait for the traffic to roll in. In today’s retail market we need to be savvy when trying to appeal to […]
Denver Mart Announces August Market Growth and New 2020 Dates
August 2019 Gift & Apparel Market Growth The Rocky Mountain Gift Show and Denver Apparel & Accessory Market are ramping up for the combined show on August 21-26, 2019. The August trade show is growing and will now offer a larger selection of lines, expanded categories, added buyer amenities and an updated floor plan with […]
2019 Holiday Readiness Guide
Last year, the average shopper spent over $1,000 on gifts for friends, family, and themselves during the holiday season. Mobile and online shopping continue to gain traction and to steal headlines. However, last year 83% of holiday shopping was done in-store. Consumers continue to utilize online resources to browse products and scope out sales, but […]
The August 2019 Issue of Independent Retailer Magazine is Available Now!
The August 2019 Issue of Independent Retailer Magazine features all the Health and Wellness products for your store. Aromatherapy, Bath products, Beauty and Cosmetics, and more. Check out more timely Product Trends, News, and Marketing tips as they are added to our website here:
5 Ways to Finance Your Retail Storefront
by Eric Goldschein Whether it’s always been your dream to own a brick-and-mortar shop or you’ve decided that it’s time to expand from pop-up shows and ecommerce to a full-fledged store, a retail storefront is a major endeavor that involves extensive planning, lots of financing, and a bit of luck in order to succeed. Financing […]
Pet Parenting is Serious Business: Fur Baby Retail Trends
by Linda Jeo Zerba Over time, consumers’ relationships with their pets have begun to change. Pets are the new “baby” for many generations, especially among Millennials. They have become core family members who are oftentimes treated, pampered and outfitted as one might do with human offspring. Even the language used to refer to pets has […]
How To Build A Great Customer Relationship Management System in 5 Steps
by Sergey Lypchenko In the online retail field, keeping track your customers’ data is extremely important but often hard to perform. Luckily, we have software helpers. Today’s Customer Relationship Management (CRM) systems turn the registration, tracking, and usage of customer data into a fast and easy-to-handle process. Let’s take a closer look at the advantages […]
Gift Sales Wrapped Up in a Bow
Gift sales are like no other retail category: they include just about every kind of product, from apparel and accessories, home, gift, decor, souvenirs, and more. Plus, every retailer is a gift retailer. Even if you are not a park gift shop or a tourist town boutique, it’s guaranteed that you have sold a gift […]
International Gift Exposition in the Smokies Celebrates 20 Years in November
Founded in 2000, International Gift Exposition in the Smokies (IGES) is a wholesale-only gift show in the beautiful Smoky Mountains of Pigeon Forge and Sevierville, TN. As a favorite Tennessee show, it is held in late Fall and draws many buyers from specialty stores across the U.S., the Caribbean, and Canada. The show features more […]
