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.
- More Than a Conference: What Boutique Summit Feels Like in Real Life
If you’ve never been to Boutique Summit before, it’s easy to assume it’s just another business conference. A couple of days away from the store. A few keynote speakers. Some notes you’ll take with good intentions and maybe revisit later. But Boutique Summit isn’t really something you can understand from the agenda alone. Because the… Read more: More Than a Conference: What Boutique Summit Feels Like in Real Life - #815: The Secret to Getting New Boutique Customers Everywhere You SellWhat if your boutique wasn’t dependent on just one source of customers? In this episode, Ashley sits down with Angie Shelton, owner of Rising Phoenix boutique, to talk about how she built multiple revenue streams that continue to fuel growth in her business. What started as a simple graphic tee business has evolved into a… Read more: #815: The Secret to Getting New Boutique Customers Everywhere You Sell
- The Boutique Hub at the Dallas June MarketsIt’s almost Dallas Market time and we are counting down the days. The Hub team is heading back to market and we cannot wait to see you in person. We know those days fly by fast, so we’ve rounded up our full schedule to make it easy for you to plan ahead, swing by, and connect with us while you’re there.
- Five Minute Friday: A New Era of Retail Education: Inside Retail Bootcamp Accelerator
Feeling overwhelmed by all the things you’re supposed to do to grow your boutique? Wondering how to turn information into actual implementation? Ashley Alderson and Sara Burks pull back the curtain on one of the BIGGEST changes inside the Boutique Hub: the launch of the Retail Boot Camp Accelerator. Built from years of working with… Read more: Five Minute Friday: A New Era of Retail Education: Inside Retail Bootcamp Accelerator - Retail Bootcamp Accelerator: Why We Reimagined Retail Coaching for Today’s RetailerThe pace of retail is changing. Faster trends. Faster technology. Faster shifts in customer behavior. And while information has never been more accessible, many retailers are finding themselves more overwhelmed than ever. For the past eight years, Ashley Alderson and Sara Burks have coached thousands of boutique owners through Retail Bootcamp. They’ve helped retailers navigate… Read more: Retail Bootcamp Accelerator: Why We Reimagined Retail Coaching for Today’s Retailer
