Providing marketing tools and communication assistance needed for sales representatives to maximize their efforts.
Showing posts with label showroom. Show all posts
Showing posts with label showroom. Show all posts
Monday, July 1, 2013
Monday, June 17, 2013
How to Choose a Showroom
Once you decide that your product line needs market representation you need to set aside time to choose which showroom, carefully. If your products have strong marketability they will want you as much as you want them to represent you. The larger your product line, the more space you will garner in their showroom.
Many showrooms are multi-line showrooms where your products will be presented along with numerous others. Start out by contacting stores in your region. Ask them which showrooms they like the best and why. You should end up with several showroom names. With these names in hand, contact the owners/managers of those showrooms and ask if they are accepting new lines at this time. If not, move on. If they are, then you should plan a visit to the showroom. Do not just drop in, schedule the visit if possible.
You need to do some reconnaissance work. Find out what type of mix of product lines they represent and generally what type of stores purchase from them. Then, get three customer references from them. Ideally find companies who are similar in size to you. You will want to reach out to them to understand the Showrooms strengths and weaknesses. We all have them. You need to marry theirs to yours.
You want to know:
- Sales force - Are they great order takers or full service sales reps? Do they go "on the road"? What do they need to sell? Be specific to each sales rep/region. Do they make appointments or usually get drop-ins? How do they handle new product lines the best?
- Shows - Which shows will you be shown at? What type of space will you get? Can you do a spiff to the sales reps? Can you have a little time to educate and enthuse them? Should you do an Opening Special? Will they want you there? Are their days that are typically better than others?
- Press - What does the showroom do to get people to their showroom? Social Media? Emails? Postcards? Can you be featured on any of it? Will it be an additional cost?
You may find that many showrooms are not terribly communication savvy. The actual market will have access to lists of previous attendees. Consider hiring your own market staff that can create BUZZ before you get there. It would be beneficial to your new showroom and definitely to you. Businesses like to go with winners. Go in like a Winner.
But note that some showroom managers have egos, large egos. Anything you want to possibly do, you need to lay on the table before you ever agree to sign with that showroom.
See how organized they are. Upfront you should get a checklist of when things are needed, including your payment. Being in a showroom is about selling product. Just having a showroom take on your product means nothing if you don't sell things.
Many showrooms are multi-line showrooms where your products will be presented along with numerous others. Start out by contacting stores in your region. Ask them which showrooms they like the best and why. You should end up with several showroom names. With these names in hand, contact the owners/managers of those showrooms and ask if they are accepting new lines at this time. If not, move on. If they are, then you should plan a visit to the showroom. Do not just drop in, schedule the visit if possible.
You need to do some reconnaissance work. Find out what type of mix of product lines they represent and generally what type of stores purchase from them. Then, get three customer references from them. Ideally find companies who are similar in size to you. You will want to reach out to them to understand the Showrooms strengths and weaknesses. We all have them. You need to marry theirs to yours.
You want to know:
- Sales force - Are they great order takers or full service sales reps? Do they go "on the road"? What do they need to sell? Be specific to each sales rep/region. Do they make appointments or usually get drop-ins? How do they handle new product lines the best?
- Shows - Which shows will you be shown at? What type of space will you get? Can you do a spiff to the sales reps? Can you have a little time to educate and enthuse them? Should you do an Opening Special? Will they want you there? Are their days that are typically better than others?
- Press - What does the showroom do to get people to their showroom? Social Media? Emails? Postcards? Can you be featured on any of it? Will it be an additional cost?
You may find that many showrooms are not terribly communication savvy. The actual market will have access to lists of previous attendees. Consider hiring your own market staff that can create BUZZ before you get there. It would be beneficial to your new showroom and definitely to you. Businesses like to go with winners. Go in like a Winner.
But note that some showroom managers have egos, large egos. Anything you want to possibly do, you need to lay on the table before you ever agree to sign with that showroom.
See how organized they are. Upfront you should get a checklist of when things are needed, including your payment. Being in a showroom is about selling product. Just having a showroom take on your product means nothing if you don't sell things.
Wednesday, February 20, 2013
Packaging, Think out of the Box!
Do not underestimate the importance of packaging. It is what will make the consumer pick up your product... or not.
Visit several stores to see which products grab your attention first. Are you curious about them or do you pass them by? If you want to know more about the product, then its packaging design has somewhat done its job. Next, the packaging should fully explain the product. The packaging can be cute, beautiful, expensive or cheap but it needs to do its job. I am holding an Oil of Olay bottle. On the back it clearly explains how to use it and what your expected results will be. Their logo is clear and large on the front side.
Packaging speaks to perceived quality of a product. If your packaging includes the vital elements then what you are left with is the image.
I have worked with a manufacturer whose product is beautiful but their packaging cheapens it. In addition, due to poor packaging you cannot tell what the actual product is used for or made of.
Your packaging doesn't have to be the most expensive but it needs to be suited to your product. I have seen beautiful woven items placed in clear bags tied with beautiful expensive ribbon along with a custom design tag that make a beautiful statement. That is not expensive packaging. That company thought about consumers and what they would want to see. They considered the types of stores (boutique or mass) that would be stocking their products.
Let's say you offer unique bath products that have proven selling scents and you want to grow your company.
Visit several stores to see which products grab your attention first. Are you curious about them or do you pass them by? If you want to know more about the product, then its packaging design has somewhat done its job. Next, the packaging should fully explain the product. The packaging can be cute, beautiful, expensive or cheap but it needs to do its job. I am holding an Oil of Olay bottle. On the back it clearly explains how to use it and what your expected results will be. Their logo is clear and large on the front side.
Packaging speaks to perceived quality of a product. If your packaging includes the vital elements then what you are left with is the image.
I have worked with a manufacturer whose product is beautiful but their packaging cheapens it. In addition, due to poor packaging you cannot tell what the actual product is used for or made of.
Your packaging doesn't have to be the most expensive but it needs to be suited to your product. I have seen beautiful woven items placed in clear bags tied with beautiful expensive ribbon along with a custom design tag that make a beautiful statement. That is not expensive packaging. That company thought about consumers and what they would want to see. They considered the types of stores (boutique or mass) that would be stocking their products.
Let's say you offer unique bath products that have proven selling scents and you want to grow your company.
Tuesday, April 24, 2012
Good sales representatives are not a dime a dozen. Great sales reps can be made but it is through the marketing (now called branding) of the product line this will happen. Years ago I was told that marketing is the largest cost a product will incur. I did not understand the comment at the time. After working with numerous product lines, each with varying degrees of name recognition, I now see the issues.
So much is important.
1. A sales rep cannot sell what they cannot show. Make sure there is an organized catalog*. This is to show the breadth of the line.
2. A sales rep cannot sell what they cannot show. Sales reps must have current samples to show for quality reasons. Do not overload reps with product. They need small representative items. Retailers want to see the quality they can expect to receive.
3. Ship when you say you will. Nothing kills an order and potentially a product line like changes in shipping. Unless what you manufacture is a commodity, buyers order lines for specific seasons and holidays. Your retailers will get a bad taste in their mouths every time a ship date is changed. Retailers will lose confidence in your line. If you are having manufacturing issues, take everything into account when you release a new ship date so that your reps will only have to update the customer once on that particular item. It is the kiss of death to keep moving ship dates back.
4. Reps are your ears on the ground. If a rep tells you something you don't want to hear, don't shoot the messenger! They are simply conveying what they hear about your product line from customers. Perhaps there is some merit to what they are telling you. Many times this may sound like complaining... but it isn't. Reps hear suggestions about lines constantly. A good rep will communicate this information to you. If you become defensive, your rep will not feel like a member of your "team."
* Online catalogs are fine but what tools will our rep have with them when they are physically in front of the customer?
Well, it is time for this rep to get back to work. I'll write again soon.
So much is important.
1. A sales rep cannot sell what they cannot show. Make sure there is an organized catalog*. This is to show the breadth of the line.
2. A sales rep cannot sell what they cannot show. Sales reps must have current samples to show for quality reasons. Do not overload reps with product. They need small representative items. Retailers want to see the quality they can expect to receive.
3. Ship when you say you will. Nothing kills an order and potentially a product line like changes in shipping. Unless what you manufacture is a commodity, buyers order lines for specific seasons and holidays. Your retailers will get a bad taste in their mouths every time a ship date is changed. Retailers will lose confidence in your line. If you are having manufacturing issues, take everything into account when you release a new ship date so that your reps will only have to update the customer once on that particular item. It is the kiss of death to keep moving ship dates back.
4. Reps are your ears on the ground. If a rep tells you something you don't want to hear, don't shoot the messenger! They are simply conveying what they hear about your product line from customers. Perhaps there is some merit to what they are telling you. Many times this may sound like complaining... but it isn't. Reps hear suggestions about lines constantly. A good rep will communicate this information to you. If you become defensive, your rep will not feel like a member of your "team."
* Online catalogs are fine but what tools will our rep have with them when they are physically in front of the customer?
Well, it is time for this rep to get back to work. I'll write again soon.
Labels:
catalogs,
independent sales reps,
sales people,
sales representatives,
sales tools,
showroom,
wholesales
Monday, June 6, 2011
Before Market
Here it is just weeks before market. I know our showroom is busy organizing and displaying our product lines...but I have to wonder if all if our lines have shipped their merchandise to them. If they have not they are missing a HUGE OPPORTUNITY! Send your samples early when the key showroom people are planning what lines & products will be featured and where. If you don't have all of your physical samples, phone them and email them photos of what will be coming. Give them an accurate date they will have your samples in hand and make sure it is a week at least before market starts. No one can sell what they cannot show.
1. Send New Product to Showroom
2. Send Updated/New Catalogs to Showroom
3. Send current files with new product/pricing for Accounting/Sales System
4. Create any market specials you want for retailers or sales reps
1. Send New Product to Showroom
2. Send Updated/New Catalogs to Showroom
3. Send current files with new product/pricing for Accounting/Sales System
4. Create any market specials you want for retailers or sales reps
Labels:
catalogs,
independent sales reps,
sales people,
sales representatives,
sales tools,
showroom,
wholesales
Monday, May 30, 2011
Level your Expectations
Once your sales reps have the tools and incentives to suceed, give them the time they need to cultivate sales. Sales reps will be able to tell you how much they will able to sell and expand your base within a couple of weeks.
Early in 2011, we worked with a manufacturer who we all felt could become a high revenue line. Their product was well made, they offered a shipping special and their price point was reasonable. Three months later it became hard to reach them by phone and virtually impossible by internet. Four months later we are no longer working with this company.
The sales reps were disappointed because the product/line potential was there. Just like with growing crops, you need to tend the land. But before you tend the land you need the tools.
Sales tools did not arrive until six weeks later. By this time, sales reps were organized without their line and future appointments were made. Each added the tools into their arsenal and begin calling on companies.Those powerful weeks after market were gone. Time was wasted.
So, four months into this relationship the company bailed from the showroom because the sales reps had not sold enough. Don't be shortsighted.
Early in 2011, we worked with a manufacturer who we all felt could become a high revenue line. Their product was well made, they offered a shipping special and their price point was reasonable. Three months later it became hard to reach them by phone and virtually impossible by internet. Four months later we are no longer working with this company.
The sales reps were disappointed because the product/line potential was there. Just like with growing crops, you need to tend the land. But before you tend the land you need the tools.
Sales tools did not arrive until six weeks later. By this time, sales reps were organized without their line and future appointments were made. Each added the tools into their arsenal and begin calling on companies.Those powerful weeks after market were gone. Time was wasted.
So, four months into this relationship the company bailed from the showroom because the sales reps had not sold enough. Don't be shortsighted.
Sunday, April 17, 2011
Choosing a Sales Group
Let me help you decide what the issues may be if your sales are lagging from where you expect them to be. Many factors make up the mix to well selling product lines. It may or may not be your showroom. Ask yourself the following questions.
Your Showroom -
Your Sales/Promotional materials -
If you are at the point to work with a sales group, make sure you are ready to give them the reins to really market your product line. Be as organized and communicative as possible. How fast will customers receive the product? It doesn't have to be in 24 hours but the sales representative DOES need to know the achievable turnaround. Good luck, there are many good showrooms out there.
Your Showroom -
- Is their general reputation good or bad?
- Is their sales team cohesive or out to get one another?
- If they work digitally, have all their files been updated to their system?
- What services does your showroom offer?
- Are your best selling items/newest items prominently displayed?
- Do you make sure to check to see if you need to send current catalogs prior to each market?
- Does your showroom have your latest (and/or best selling) products on display?
- Do you get your materials/products to the showroom well before gift markets?
- Sales representatives - Have you supplied each of them with sales/promotional materials and samples?
Your Sales/Promotional materials -
- Do you have a printed catalog/current sales sheet?
- How often do you offer promotions? How are your customers and sales team informed?
- If appropriate, do you offer display packages?
- Do you regularly communicate with your sales team? Do they know how you would sell your products?
- Silly to say, but have you regularly paid Showroom Fees?
- Are you current with paying Commissions?
If you are at the point to work with a sales group, make sure you are ready to give them the reins to really market your product line. Be as organized and communicative as possible. How fast will customers receive the product? It doesn't have to be in 24 hours but the sales representative DOES need to know the achievable turnaround. Good luck, there are many good showrooms out there.
Labels:
gift line,
gift market,
gift products,
good sales reps,
sales people,
sales team,
showroom
Thursday, April 14, 2011
Time is Money
I was raised hearing "time is money." More accurately my mother used to say "time is marching." They mean similar things to me. Time is important. How quickly you complete a task can determine success or failure.
Each sales representative has their own time table they work on. For me, due to prior commitments, I travel very little during the first quarter of the year. However, from mid-March through June I am traveling constantly. I have a large region to cover and most likely will have ONE OPPORTUNITY to introduce new lines in person to everyone. If they like what they see I may have more chances. However, if a new line has not sent me samples and a catalog when I visit 'Morgan City, LA,' that opportunity will be lost.
It may be inconvenient to get literature and samples to sales reps quickly. It may feel like you are rushing to do this and then - nothing. But it is only your product that is not being sold or shown. Others are. Sales reps typically pay for their gas, hotel rooms, and office supplies themselves. If you want to operate on your own schedule, hire your own sales staff and pay them a salary plus commission and expenses. Otherwise, do yourself and your sales representatives a favor and help them help you.
Each sales representative has their own time table they work on. For me, due to prior commitments, I travel very little during the first quarter of the year. However, from mid-March through June I am traveling constantly. I have a large region to cover and most likely will have ONE OPPORTUNITY to introduce new lines in person to everyone. If they like what they see I may have more chances. However, if a new line has not sent me samples and a catalog when I visit 'Morgan City, LA,' that opportunity will be lost.
It may be inconvenient to get literature and samples to sales reps quickly. It may feel like you are rushing to do this and then - nothing. But it is only your product that is not being sold or shown. Others are. Sales reps typically pay for their gas, hotel rooms, and office supplies themselves. If you want to operate on your own schedule, hire your own sales staff and pay them a salary plus commission and expenses. Otherwise, do yourself and your sales representatives a favor and help them help you.
Monday, April 11, 2011
A Retail Lesson Learned
Today I met with a quite successful small retail business owner. This lady had a very large well-stocked gift store. Her products range from Vera Bradley to frames to baby items to spa items. She has it all out and there is a rhythm about it. It does not come across as a hodge podge but rather guides you from area to area. In addition it was easy to nice how friendly and attractive all of her staff was.
Watching her select from my product lines I jokingly said "I don't know how you can buy so well and so quickly." She laughed and said experience has taught her that you must always make a statement with line or you will doom it. One of the hardest lessons she learned was that she cannot just pick a few products in a line and hope it moves. She stressed how important product displays are to the success of her business. This lady knows how to buy. It is all very calculated and organized in her head. It was impressive.
Watching her select from my product lines I jokingly said "I don't know how you can buy so well and so quickly." She laughed and said experience has taught her that you must always make a statement with line or you will doom it. One of the hardest lessons she learned was that she cannot just pick a few products in a line and hope it moves. She stressed how important product displays are to the success of her business. This lady knows how to buy. It is all very calculated and organized in her head. It was impressive.
Thursday, April 7, 2011
We don't need a showroom.
One of our manufacturers recently told me this. All I could do was shake my head in a disappointment. After all of the work we do promoting product lines to hear this is truly disheartening. All sales order are not written "at market." Customers attend various markets and some just wait for sales reps to visit them. A good sales team works year-round educating potential customers.
Company A joined our showroom last summer. When the reps arrived at market we knew nothing about the product line since we had not been sent literature/samples before we got there. Before (or at the start of) market would have been a great time to educate the sales representatives. We would have wanted to know the key selling features of the product line. Where do the products sell the best? Are there any skeletons in the closet? Are we going to hear negative or odd things from former customers? Do we have a former and current customer list for each territory? We would have wanted to learn about product displays and what type of delivery we would be working with. That market was not good for Company A. By the time sales reps arrived home they were armed with flyers and a few products but no explanation regarding them except to say that it was best to visit their website for the most current information.
After market, all road representatives resumed communications with their customers letting them know about the new lines, one being Company A. Reps sent potential customers to the Company website. Then in January, the Company did not participate in the Showroom.
About a month after market, Company A sent new sales literature and product. Still the company did not come up with any type of promotion but, rather, suggested their website.
Not participating at market is not an option in this sales rep's mind. A Company needs a couple of years to determine if a showroom is good for them. I still don't know which of my customer's have purchased this line. Not every customer will contact me, especially if I am sending them to an internet site. But they do learn about the product from me and repeatedly hear how I feel about it.
So, if you think your business is truly above having a showroom I can only think that you have an inside sales team or distributors in place.
Company A joined our showroom last summer. When the reps arrived at market we knew nothing about the product line since we had not been sent literature/samples before we got there. Before (or at the start of) market would have been a great time to educate the sales representatives. We would have wanted to know the key selling features of the product line. Where do the products sell the best? Are there any skeletons in the closet? Are we going to hear negative or odd things from former customers? Do we have a former and current customer list for each territory? We would have wanted to learn about product displays and what type of delivery we would be working with. That market was not good for Company A. By the time sales reps arrived home they were armed with flyers and a few products but no explanation regarding them except to say that it was best to visit their website for the most current information.
After market, all road representatives resumed communications with their customers letting them know about the new lines, one being Company A. Reps sent potential customers to the Company website. Then in January, the Company did not participate in the Showroom.
About a month after market, Company A sent new sales literature and product. Still the company did not come up with any type of promotion but, rather, suggested their website.
Not participating at market is not an option in this sales rep's mind. A Company needs a couple of years to determine if a showroom is good for them. I still don't know which of my customer's have purchased this line. Not every customer will contact me, especially if I am sending them to an internet site. But they do learn about the product from me and repeatedly hear how I feel about it.
So, if you think your business is truly above having a showroom I can only think that you have an inside sales team or distributors in place.
Labels:
best business practices,
gift show,
market,
sales representatives,
showroom,
stationery show
Tuesday, April 5, 2011
We don't need a catalog. True or False?
Updated printed sales sheets and catalogs used to be the norm for highly successful products. With the advent of the internet, some companies now translate what they post to the web as their catalog. They believe that having something in print is an unnecessary expense. Contrary to this, catalogs and sales sheets are a necessary tool you should not skip over.
For business direct to consumer, online catalogs and websites work well but if you are wholesaling your products you may be missing much of your market. Whether your potential retailers visit the Market Showroom you are in, your road reps visit them or you work directly with Sales Reps there always needs to be a current leave behind.
Just having a catalog does not solve all of the issues. Ideally, sales representatives will receive a new catalog just before market so they can get acquainted with the products/prices. They should be (at worst) in the showroom updated for each market and at each sales representatives door step when they arrive home from market.
Your sales sheets should take advantage of the various selling periods throughout the year. Any promotion you have should be accompanied by a sales sheet to assist your Sales Representatives. Anytime there is a new product display, that should be featured.
So, TRUE, if your company is trying to get shelf space in retail gift stores.
The best catalogs show actual photographs of the products and descriptions of what they are. Separately have a price list that corresponds to your visual catalog that can be updated as needed.
For business direct to consumer, online catalogs and websites work well but if you are wholesaling your products you may be missing much of your market. Whether your potential retailers visit the Market Showroom you are in, your road reps visit them or you work directly with Sales Reps there always needs to be a current leave behind.
Just having a catalog does not solve all of the issues. Ideally, sales representatives will receive a new catalog just before market so they can get acquainted with the products/prices. They should be (at worst) in the showroom updated for each market and at each sales representatives door step when they arrive home from market.
Your sales sheets should take advantage of the various selling periods throughout the year. Any promotion you have should be accompanied by a sales sheet to assist your Sales Representatives. Anytime there is a new product display, that should be featured.
So, TRUE, if your company is trying to get shelf space in retail gift stores.
The best catalogs show actual photographs of the products and descriptions of what they are. Separately have a price list that corresponds to your visual catalog that can be updated as needed.
Saturday, April 2, 2011
What about "Market"?
There is no one aspect of promoting a product line that is the end-all. Having your product represented by a showroom with sales representatives who are engaged with your product is definitely a plus but you cannot rest on that. Manufacturers (or wholesalers) need to offer tools, incentives and communication on a regular basis to be truly successful.
At the very minimum, your rep group needs a catalog, price list, and samples of your best sellers. This needs to be sent two weeks to a month prior to each major show to the showroom. Rep Group owners will work hard 6 weeks out before a show to freshen the displays and update the lines. Sending it late means that your new items will not get to be studied and learned as well as ones that come in on time.
Make a checklist and pull it out before each market. It is up to you to make sure these things are current. After all, this is your product line.
Paying a Market Showroom to display your line definitely can be a boost to your bottom line over time. Look at it as your sales staff who have a presence year-round for you. You pay Showroom Fees and you pay a percentage of sales. If both the showroom and the sales representative are always "armed" with fresh materials, you will get the best coverage possible.
At the very minimum, your rep group needs a catalog, price list, and samples of your best sellers. This needs to be sent two weeks to a month prior to each major show to the showroom. Rep Group owners will work hard 6 weeks out before a show to freshen the displays and update the lines. Sending it late means that your new items will not get to be studied and learned as well as ones that come in on time.
Make a checklist and pull it out before each market. It is up to you to make sure these things are current. After all, this is your product line.
- Good supply of catalogs in showroom?
- New digital files for computer pricing?
- Current product samples for floor displays
- What about a Show Special?
Paying a Market Showroom to display your line definitely can be a boost to your bottom line over time. Look at it as your sales staff who have a presence year-round for you. You pay Showroom Fees and you pay a percentage of sales. If both the showroom and the sales representative are always "armed" with fresh materials, you will get the best coverage possible.
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