Winter is a thing of the past, as temperatures rise and customers look for new warm-weather styles. The upcoming summer season’s accessory trends are cheery, fun and easy for your customers to incorporate into almost any look.
June 2014 Issue
One question consistently asked by smaller retailers is “How can we increase our margins?” While this topic is universal across all retailers regardless of size, it is especially relevant for smaller sellers that may not have the resources to purchase products in large enough volumes in order to gain economies of scale.
Emad Beshara, CEO of Kray-Z Closeouts, is fairly sure of at least one thing: buyers will find his prices “crazy low.” “We’re known for our low pricing,” he explains. “That’s why we picked the name Kray-Z Closeouts.” Founded three years ago, today Kray-Z Closeouts operates from a huge facility in Rancho Cucamonga, California, into which pours a stream of new product every day.
No matter where you shop, one product seems to be available almost everywhere: Scarves. We’re not talking about the winter accessory scarf either. Thankfully, those can be put away for a while. Summer scarves are appearing on shelves now, which can be worn in a variety of different ways. If you have a store and don’t carry scarves, now is an ideal time to start.
Looking for the perfect product for the grown up kid or budding outdoorsman with a flair for the dramatic? Then look no further than a precision throwing tomahawk. Offered by ThrowerSupply.com, a division of KCW Holdings, LLC, based in Springville, Utah, the product is designed and weighted for throwing; no more bouncing off the target or hitting handle first.
Now might be the perfect time to get into the watch and jewelry business, or expand into new product lines. Experts in the fashion jewelry and watch market say the improving economy has been good for business in almost every sector of the market.
Zap Cloth from Kaywos Inc. is a revolutionary product that leaves any non-porous surface free of dust and grime, including glass, mirrors, floors, counters, stainless steel, TV, computer screens and more. The cloth is an easy sell, because it works with water alone, so users never have to buy polish, glass cleaner or paper towels.
As the ecommerce industry continues to grow and innovate, consumers’ expectations become harder for online retailers to meet. Programs such as Amazon Prime have increased the demand for fast and inexpensive shipping. In fact, during the 2013 holiday season, Amazon.com reported it shipped enough items with Prime to deliver at least one gift to every household in America.
When attending a trade show, the number one thing you should do to be prepared is research. It is important to know what is selling in your store, and understand who your customer is. Do not just buy gifts and toys because you like them. Come with a budget and stick to it, and you will have a successful show.
Each minute, $83,000 in sales are transacted on Amazon, according to Intel. If you do the math, that is an impressive $4,980,000 every hour, and $119,520,000 every day. This volume and visibility can be a game changer for many online retailers who sell on Amazon’s third-party marketplace.