Christmas in July
July 25th, 2008 by
Barb
OK. I admit it. I actually watch the Home Shopping Channel and QVC. Now what does this have to do with Interiorscaping? Well, approximately 15-20% of Interiorscape gross revenue comes from Holiday Decor. This is a big number and while most of those dollars come from Installation, Take Down and so on, another big hunk comes from the Sale or Lease of Product, trees, wreaths, garland and props.
Many ‘scapers travel to the Holiday Shows in Atlanta or Dallas to buy product from the importers, always on the lookout for what’s new or problemsolving. Going to the Shows is expensive and so, for the smaller Holiday business, I often advise just buying product at the beginning of the season locally from the Targets and Home Depot stores. Why? Because they buy in such bulk that their prices often rival what you would pay at the Mart. This a particularly good option for the Green Basics. The glitz is in the decoration and placements, not neccessarily in the green stage-the tree.
So what does this have to do with the TV Shopping Channels? Just this. One of our largest importers/suppliers of prelit greenery and lighting is GKI. They also have a retail division known as Bethlehem Lighting. Under this name, they supply QVC and the rest of the retail world with prelit trees, wreaths, garland and novelty items. Often at prices that are a lot lower than what we would chargeto our clients for similar product. In this case, advance knowledge of what QVC is charging and offering is a good thing.
For example, today I saw on QVC a 30 inch prelit wreath on a battery that will keep the wreath lit for 6 weeks!!!! Price? 30 bucks. Also, 30" tall double ball poinsettia topiaries, prelit, and in a decorative urn. Price? 36 bucks. Then there were the 5′ Prelit tree in an urn for 87.00 and the 9′ Prelit Tree in urn for 310 dollars.
Bottom line is that product like this is not just being supplied to QVC and HSN but will be sold to mass retailers in your neck of the woods as well. Make it a point to visit your locations early in the season, see what they carry, the price points, and how some of this could fit in to your purchasing. And remember, you also save on the shipping costs.
And, even though Holiday seems months and months away, I advise getting to your past Holiday clients earlier rather than later. In this crazy economy, Holiday Sales just might be the canary in the mine, the leading indicator for business in the future in general. If budgets are to be cut, this might be the first thing to be downsized.
Now go out there and get ‘em, Tiger.
Posted in Competitive Advantage, General, Holiday | No Comments »
