AMU Guest Blogger Peggy Johnson Spills on Survival Strategies

peggy-head-shot-medI often refer to a quote by Helen Keller’s teacher: 
“I came to teach, but I stayed to learn.”  That describes every class I have ever taught, every fashion show I have done….and more.  I have always found frontline decisions and experience to be the most valuable…along with sage advice from our sales reps…that give us insider tips on survival.  I always look forward to market to pull me up out of the fray of my  everyday retail life to re-focus in a beautiful and caring market atmosphere… reviewing the designer’s current offerings (while searching for some “new” to add to the mix). 

But something keeps us going.  It’s the smile of a satisfied customer who received rave reviews at last night’s reception for her company…or on her cruise. A “where did you get that gorgeous outfit?” goes a long way!

One of my current favorites from a forever customer while at the airport in LondonEngland….A very gentile English lady came up to me and said “Would it make you mad if I threw you down on the ground and snatched your jacket?  I just love it!”

Laura smiled and said “It probably would, so why don’t I just tell you where I got it.” You couldn’t make that one up!

Our survival strategies seminar covered many diverse directions gleaned over the years, including:

·          Fashion Show Production, made easy and profitable

·          Closet Makeovers

·          3 X 5 Wardrobe Plan

·          Packing Checklists for Planning Travel wardrobe (For men and women)

·          Conducting Fashion Seminars

·          Publicity opportunities you may not have realized were there.

·          Question and Answer portion

There is always more from where that came from. Find out here: http://www.petuniapatch.org/

Peggy held a seminar at the Atlanta Apparel Market this past weekend.

AMU Speakers Remind Retailers to ‘Not Chase, but Be Chased’

Steve Boodakian-loResSmall store. Big Store. Megastore. We all feel the pressure from our competition. How should we compete? The knee-jerk reaction is to lower our prices. When it comes to Oriental rugs, the best way is to take a lesson from a generation ago – make it job #1 to provide great service. That starts by becoming passionate for this art form, and getting educated and comfortable with answering customers’ questions about the rugs you sell.

You don’t need to become a scholar, although Oriental rugs are a fascinating study! What you need to do is learn all that goes into creating them. Take that simple step and you will unavoidably be awaked to the artistry and craft that goes into creating Oriental rugs of all types and qualities! You will become passionate about what you sell. Only then will you be able to instill those feelings in the hearts and minds of your clients and lead them to buy finer and more expensive rugs. And even better, buy them from you!Sy Mahfuz-loRes

The next step is to not only sell the rug but turn each customer into a customer for life. You do this by understanding what your real product is, making it unique, and working tirelessly to strengthen it.

If you pay attention and do it right, you will become the competition that everyone else chases!

Steve and Sy can be reached at www.meraconsulting.com

Be sure to attend their seminars during Market.

AmericasMart Speaker Brad Ford Featured in Lonny Magazine

brad ford 1Interior Designer and popular design blogger Brad Ford, is featured on the cover of Lonny magazine’s holiday issue. Lonny, a new online shelter magazine, chose Brad to design an earth vibe spread for the issue. 

Brad Ford will also be a guest speaker for the January market where he will present a seminar titled The Accidental Blogger. Brad’s seminar will focus on his quest for inspiration and his foray into social media outlets. 

Check out Brad’s featured article in Lonny magazine: http://www.lonnymag.com/

Check out Brad’s design blog:
http://www.designtherapy.com/2009/12/exciting-news.html

And check out Brad’s seminar The Accidental Blogger, Friday January 8 here at AmericasMart!

Guest Blogger Alison Ilg Talks Social Networking

AI HeadshotI enjoyed speaking with buyers at the October Atlanta Apparel Market about how social media can help their businesses. Social Media tools like Facebook, Twitter, LinkedIn and YouTube can help store owners engage and build relationships with customers. Good social media success stories include Zappos, Will it Blend and Fabrik Atlanta. Remember the rules you learned in kindergarten… listen first, be polite, be yourself and share. Well, the same apply to using social media tools.   

Did you miss Alison’s seminar? That’s okay! The notes are right here.

ABCs of Children’s Retail

lucas-octLongtime AmericasMart Atlanta exhibitor Larry Lucas led a panel discussion on Saturday to help retailers with everything from upcoming trends to basic business practices. Joined by St. Simon’s, Ga.’s Diane Bailey of The Bailey Boys and Nancy Jackson of the Sugar Plum Tree in Perry, Ga., Lucas offered his invaluable insight into running a successful children’s retail shop.

Here are a few highlights of the discussion:

  • Look for gray to replace brown as the neutral; buy plenty of bright, bold color for spring and summer.
  • Consumers should look forward to sales as special, must-attend events. If you want to have sale merchandise all the time, make sure to place it at the back of the store. You can get away with not putting basics on sale – people need to buy those anywhere. Use sales to move seasonal or higher-end merchandise.
  • Diversify your product mix. Post-baby shower; birthday gifts and tweens are hot market segments so make sure you can accommodate customers looking for all those. Make your store a known destination, a surefire go-to for busy parents who need great gifts as well as items for their own kids.
  • Use gift wrap as a strong marketing tool. It doesn’t have to be expensive to be showy and effective. Use gift bags and lots of fluff with a big ribbon – all imprinted with your store name and logo – to create an impressive gift with little investment on your end. Customers like the perceived extra effort and added value, and it’s an ongoing advertisement for your store.
  • Use tools such as birthday clubs and custom postcards to drive traffic throughout the year. And, make sure your store is on Facebook with a fan page so you can continually communicate with your customers – free!

Social Media 101: Facebook, Twitter & and How They Will Help Your Bottom Line

We had an amazing turn out for my Social Media 101 seminar at last week’s show.  As promised, here is the slide deck and some useful links from the presentation.

http://static.slidesharecdn.com/swf/ssplayer2.swf?doc=americasmart-socialmedia-090918124418-phpapp02&rel=0&stripped_title=americasmart-atlanta-social-media-101-presentation

For those of you that weren’t able to attend, here are a few key points and some notes to keep in mind when deciding if social media is the right thing for your business:

  • The content you put out there is much more important than the platform (Twitter, Facebook, YouTube, etc.) that you put it on
  • Even though brands and big companies are involved in social media, you’re really dealing with people — speak accordingly
  • Ask yourself the important questions before jumping in headfirst:
  1.  
    1. Are my customers using social media?  If so, how?
    2. What are they talking about and what’s important to them?
    3. Is social media an important marketing channel for my business?
    4.  What are my marketing and sales goals?

Know Your F-words:

Friends — People you’re connected to on Facebook

Followers People and companies who track your Twitter updates

Following People  and companies who’s Twitter updates are tracked by you

Fans – People on Facebook who become a fan of your brand’s page

Tips for Measuring Social Media

  1. Use tracking codes and promotional coupons specific to the platform
  2. Tag your links with tracking that can be picked up by your analytics tool
  3. Test different content around your offers
  4. Monitor how many mentions you have and how engaged people are with your brand
  5. Track your fans and followers to understand your audience

Know Your Key Performance Indicators (KPIs)

  1. Cost per Lead (CPL) = Campaign Cost / # new leads    

     This gives us a single number that tells us how much each new sales lead cost based on the total cost of your campaign

  2. Cost per Sale (CPS) = Campaign Cost / # sales Based on the campaign, this tells you how much each sale cost.  This number should always be greater than or equal to your CPL.
  3. Estimated Revenue per Site Visit (ERSV) = Avg. Sale Volume / # visits    

     This KPI is important to know when you’re determining how much to invest in your online channel.  If it decreases, you may have an issue with your sales values dropping or too many visits not producing enough sales.  If it increases without an increase in Sales Value, watch out… you may be losing visitors!

Links and Resources

Major Platforms:

Facebook – www.facebook.com

Twitter – http://twitter.com

Cross-platform Twitter Applications:

Tweetdeck – www.tweetdeck.com

Seesmic – www.seesmic.com

Twitter Resources:

Basic Twitter Backgrounds – www.twitterbacks.com

WeFollow Twitter Directory – www.wefollow.com

Web Analytics Packages:

Google Analytics  – www.google.com/analytics

CrazyEgg – www.crazyegg.com

Mint Analytics – www.haveamint.com

Yahoo! Web Analytics – http://web.analytics.yahoo.com

Omniture – www.omniture.com

WebTrends – www.webtrends.com

Social Media Monitoring:

HowSociable – www.howsociable.com

SocialMention – www.socialmention.com

Twitter Search – http://search.twitter.com

Google Trends – www.google.com/trends

URL Shortening:

http://bit.ly 

http://is.gd

http://tinyurl.com  

http://twitpic.com

This is a post by AmericasMart guest blogger, Greg Asman. Greg is Director of Digital Analytics and Social Media at Aspen Marketing Services (www.aspenms.com), the largest privately-held marketing services firm in the US. He has more than 18 years of Internet strategy and development experience and holds International Business and MIS degrees from The University of Georgia as well as an MBA from Emory’s Goizuetta Business School.

Eager Buyers Shopping in September

The Atlanta Fall Gift & Home Furnishings Market started with a rush Saturday morning. Registration lobbies were filled with buyers eager to sept-09-mkt-reg-linehit the floors. While many were looking to fill in sparse inventories prior to the holiday rush, a group from VerdeGo – a design and garden center in Bunnell, Fla. – was in Atlanta to buy for a new store as they expand to a second location.

There were plenty of educational opportunities for buyers to gain new skills early on Saturday.  Home retailers heard bsket-class-1industry experts’ advice about how to grow business in a tough economy. Crafty buyers learned to creatively construct gift baskets that will thrill customers while garnering strong profit margins. And one of the most popular spots of ga-sm-seminar-21the morning was a social media seminar explaining why smart retailers should make the most ofopportunities to speak to customers through Web sites, Facebook, Twitter and every other possible medium. Foodies learned from one of Atlanta’s top chefs, Shaun Doty in the state-of-the-art Gourmet Kitchen in Building 2 WestWing. And in the afternoon, the much anticipated Best of Atlanta winning gourmet products were revealed.

Sunday sets up to be just as busy with another Gift Basket basketsUniversity class; ample opportunities to source exceptional product from both permanent and temporary exhibitors and get ready for a promising holiday buying season.

Prom Seminar a hit on Saturday

teensemJane Fort, editor-in-chief of TeenPROM magazine and Linda Korman, advertising director of TeenPROM and SeventeenPROM, took to the podium on Saturday during Market to a full house with more than 90 attendees at their seminar. Jane and Linda spoke directly to the group of buyers and exhibitors about trends for next Prom season, what they are hearing and seeing about Prom, how to get the girl and her mom in the store and keep them there and much more. Attendees got real insider information and walked away with tools to make the sale and continue growing stronger.

Guest Blogger Sal Macaluso asks: Should a Full Service Specialty Boutique Have a Website?

thumbnail-sal2There is no question that the Internet is a place where you can find great prices if you are willing to give up personalized customer service. So why does a Full Service Specialty Boutique need a website?

Many would argue that having a website works against the whole concept of “Full Service.” Why is that? Is it the Internet or is it the attitude of most retailers that are on the Internet that has perpetuated this perception?

Why can’t a website be used to enhance customer service rather then work against it?
Let me give you an example; my family and I enjoyed a wonderful mini-vacation in Savannah, GA this summer. My wife, Carrie, always makes sure to visit “Jezebel,” a boutique on Riverwalk. When we walked into the shop we were greeted like old friends, even though it had been over a year since we last visited. As usual Carrie purchased a fabulous skirt from some obscure designer that I had never heard of. As I was leaving the store I asked the owner if she had a website. “Oh no,” she said, as if having a website for her type of boutique would be ridiculous. She said that they are constantly getting in new merchandise and it turns very quickly. “It would be impossible for us to keep a website updated.”

As I left the store I thought, “What a shame. My wife loves this boutique, yet she can only purchase from this store when we come to visit.

How might a store like this use a website and the power of the Internet to extend their incredible customer service on their website?
Is it really “impossible” to keep a website updated with new merchandise? Of course it’s not! It is simply a matter of integrating a procedure into your normal day to day routine. 

A box arrives, you unpack it, remove the plastic bag, attach the proper hanger, perhaps a quick steaming, then you put it on a rack for later integration into your inventory. Decisions are made; should this go on a mannequin? Didn’t I unpack a top yesterday that will go with this skirt? Oh my goodness, Mary Smith would love this jacket, let’s put it aside and give her a call!

If Jezebel had a website, another decision would be considered. “Should we put a picture of this on our website?” 
If the answer is “Yes,” a picture is quickly snapped with a digital camera. At some point in the day, or even the next day, the pictures are downloaded to a computer and uploaded to the website.

Now let’s face reality; some of those items may be sold by the time the pictures can be uploaded to the website.  So what! When you are uploading the pictures simply don’t upload the ones that have sold already! Think of it; why would you not upload the pictures of 50 items that didn’t get sold just because there are five pictures on the camera of items that did get sold? Wouldn’t that be silly?!

So how does this tie into enhanced customer service? 
Simple; I know Carrie would LOVE to receive an email from Jezebel whenever they have updated their website with new images. I can assure you that this is an e-mail she would NOT delete! I would even go so far as to say that it would result in a guaranteed sale!

This is just one example of how someone with a “Full Service” mentality can use a website and the Internet to enhance customer service and increase sales! 
Let me leave you with this thought. If you are the owner of a Full Service Specialty Boutique, you will implement your ‘Full Service” attitude into how you use your website.

Did you miss Sal’s presentation at Market?
Don’t worry. You can now watch it and see what you missed. Click here to view the presentation.

Sal Macaluso is the creator of the eFashionCentral.com program-a complete website and Internet marketing tool designed exclusively for Full Service Specialty Boutiques. 
www.eFashionCentral.com
800-729-8233

Perks and Freebies for Buyers at Market!

BUYERS: Look what’s all yours during your visit to Market:

Free BREAKFAST every day
Free PARKING Saturday and Sunday
Free COCKTAILS & HORS D’OEUVRES
Free EDUCATIONAL seminars
Free GIVEAWAYS

Check out the website for a full list of events, and be sure to pick up an Apparel Guide upon arrival for more details.