Shoppers are bombarded with deals, specials and incentives on Thanksgiving weekend and the days preceding – how are you going to stand out from the crowd?
There’s an art to crafting a good offer, it’s a balance between moving your customers to action and not giving away the entire farm.
Here are a few ideas to help get your own creative juices flowing!
Then, once you’ve got these, we’ve got more here on our Holiday Marketing Masterclass!
5 Ways to Craft Offers Your Customers will Love
1. Create a Loss Leader.
Find an item your customers will love most that you can discount to move customers to your store or website, that you still keep some margin on. Think, door-busters! Perhaps your door-buster is a product you purchased at a great price with good markup like accessories, or it’s a gift for the first 30 purchases like druzy earrings.
2. Offer Bundles.
Some of your shoppers will be savvy enough to style outfits together, while others won’t or won’t have time to make that many clicks. Pair outfits together and offer them as a package price. What a fun thing to market to men that makes their life a little easier! Afterall, does your husband know your size or what you like?
3. Offer Incentives for Later.
Increase 1st Quarter sales by offering bonuses or gift cards available only after January 1st, to shoppers who reach a certain spending threshold, win a contest or sign-up for your e-news list!
4. Give a Gift with Purchase.
Depending on the size/value of your gift with purchase, you may consider only offering this with sales above your AOV amount. Or, a smaller gift with any smaller order. You might be surprised at what shoppers will spend to get something (cute) for free. Here’s a way you could also use the gift card or bonus for 1st Quarter!
5. Offer Hourly Specials.
The early bird gets the worm! Create a scaled discount that starts high in the morning and lessons throughout the day. This again creates urgency for your shoppers and demand for popular items. Just be careful not to go too high with your sale. Rather than discounts across the store, choose which categories you want to move and that still offer protected margins. Then, change categories each hour to keep a lower offered discount.
We are rooting for you this holiday season and beyond! As always, leave us a comment and tell us what you think or Pin this post for quick reference anytime!
WANT ACCESS TO THE ONLY HOLIDAY MARKETING COURSE FOR BOUTIQUE OWNERS? Here’s what’s inside the Holiday Marketing Masterclass.
- The Boutique Hub at Atlanta Apparel Market
Make The Boutique Hub Showroom your first stop in Atlanta! Boutique Hub members save money with “Hub Member Only” market discounts. Check in at the showroom to get your Must See List, Buyers Badge and more - #803: How to Navigate Cash Flow, Inventory, and Survival Seasons
Sponsored by Color Guru This episode is sponsored by Color Guru. Boutique Chat listeners receive $350 off Color Guru Academy with code: BOUTIQUE350. Learn more at: https://www.colorguruacademy.com/ _____________________ What do you do when your boutique hits one hard month… and then another… and another? In this episode, Ashley sits down with Jessica Brown of Pink… Read more: #803: How to Navigate Cash Flow, Inventory, and Survival Seasons - Five Minute Friday: 3 CEO Shifts for Working MomsHow do you build a business while raising a family without feeling like you’re failing at one or the other? For many working moms and boutique owners, the pressure to balance motherhood and entrepreneurship can feel overwhelming. The truth is, the idea of perfect “balance” doesn’t really exist. Instead, it’s about understanding the season you’re… Read more: Five Minute Friday: 3 CEO Shifts for Working Moms
- Custom Packaging: What I’ve Learned After Seeing It All in a 3PLGuest Blog from Senderoo Custom packaging is one of the most common topics brands ask us about and for good reason. Everyone wants their products to feel special when they arrive at a customer’s door. As a boutique 3PL, we see all types of packaging come through our warehouse. Beautiful, well-thought-out packaging that works brilliantly… Read more: Custom Packaging: What I’ve Learned After Seeing It All in a 3PL
- #802: The Financial Foundations Every Retailer Needs to Get RightNumbers do not have to be the part of business you avoid. Ashley is joined by Christyne Gray of She Profits Now, for a practical & helpful conversation on the money side of running a Boutique – bookkeeping, cash flow, inventory planning, and tax preparation for boutique owners. They unpack the financial basics every retailer… Read more: #802: The Financial Foundations Every Retailer Needs to Get Right
