Archive for June, 2010

Dollar Store Marginalia?

Posted in Uncategorized on June 28th, 2010 by julianna – Be the first to comment

marginTABSRecently I came across a word which I had never heard before: “Marginalia.”  As I learned, it is a term used by literary scholars to describe the notes and scribbles left in the margins of books by past readers.  An even more specific term sub-categorizes marginalia that is critical, even combative as “hostile marginalia.” 

MAR-GIN-ALIA.  At first it sounded like a negative phrase.  When we discuss ideas or people as “marginal,” what we often mean is “unimportant.”  However, when viewed from the perspective of those who study marginalia, reading between the lines (or outside of them, as the case may be) becomes an important means to discover clues about the thoughts, values and insights of the past.

In this respect, marginalia is anything but marginal.greenMARGIN  It is a bridge linking one to an otherwise remote personage.  I began to wonder: Is there such a thing as “dollar store marginalia?”  Could there be a way to capture the fleeting thoughts and opinions that are constantly forming in the “margins” of our day-to-day dollar store dealings?  What can we learn from paying more attention to the “side notes” left by our clients and customers?

I believe that there is much to gain from learning how to interpret the subtle MARGIN3markings left by the people with whom we interact.  The challenge lies in knowing how to read them.  It can be difficult to take note of our own thoughts and opinions, let alone those of perfect strangers.  It takes a keen eye to start registering the social clues left behind by others, but once you do, you will be able to understand much more about your business as well as your customers.

Let’s start with the easy stuff.  Think about the records left behind by each shopper who enters your dollar store: Transaction receipts, items discarded in favor of others, shifted displays, and perhaps an e-mail address or a phone number.  These small details may seem trivial, but if given a second thought, they can form a cohesive idea of how customers feel about your general merchandise business.

For example, imagine a woman walks into a dollar marginaliaCLRstore looking for children’s party favors.  She looks around the store, finds the party section, debates different items while shuffling through a few displays, and ultimately puts a bunch of sticker packs on the cash wrap and hands the cashier her credit card.  He rings the purchase through and she takes her items, forgetting her copy of the receipt as she exits the store.  Can you spot the marginalia in this scene?

First, the customer did not display much interest in this dollar store. She did not stop to browse the shelves, she did not inquire after new or “hot” items, and she did not pause to look at impulse items displayed near the register. Therefore, we can conclude that the layout of the store is not grabbing the attention of its intended customers.  Perhaps the store looks messy, the displays are outdated, or the variety of merchandise is lacking.  Either way, once the problem is recognizable it can be amended.  By taking note of the “marginal” manner of one disinterested shopper, the dollar store owner can properly take steps to fix a pervasive problem.

Another point: the customer only bought one type of item.  Did you notice I mentioned that she purchased “a bunch of sticker packs?”  When a customer buys only one type of merchandise, it is a sign that they are not receiving the proper level of customernopurchaseregister service.  Did the store owner or salesperson take an active interest in this woman’s retail needs?  As soon as the customer walked over to the party section, someone should have been there to ask the right questions: “What type of party are you going to have?  Does the party have a theme?  Is it a special occasion party?”  Once the customer is engaged in answering such questions, she feels welcomed into a friendly environment.  She becomes much more receptive to merchandise suggestions. 

Which brings me to my second point:  It is imperative that all dollar store staff is knowledgeable about the products carried by the store in which they work!  If you get new items, alert your staff and let them know what’s so special about these changes.  Make sure all dollar store employees can come up with “add-ons,” or items that complement a customer’s existing order and increase the variety they take home.  And above all, make it a habit to engage as many customers as possible in conversation.  By creating personal connections with customers, you increase their trust in you, therefore increasing the likelihood that they will purchase more than just “a bunch of sticker packs.”

Finally, notice that the woman left the store without her receipt.  Although receiptCRUMPLEthis could be viewed positively as a sign that she does not intend to return her purchases, I believe it to be another negative indication of disinterest.  If a customer leaves a receipt behind, it is likely that she does not see the purchase as “major.”  In the scenario I gave, the woman clearly left her receipt behind because she had very little personal investment in the purchase.  She came for party favors, she got some stickers, and I doubt she will be back again for any other reason.  A forgotten receipt is a bit of marginalia that signals a forgotten retail experience.

Perhaps the study of “marginalia” should not be left to ink pen writingliterary scholars.  When we take the time to examine the signs left in the margins of our daily existence, we see that clear statements are hidden amidst the jumble.  By learning to read what your dollar store customers are scribbling along the margins of your business interactions, you will gain a better understanding of your strengths and weaknesses.  The rest is up to you …

Taking Your Dollar Store out the Door

Posted in Buying Tips on June 22nd, 2010 by julianna – Be the first to comment

sunWarm weather is typically viewed as a business boon.  Common logic assumes that that warmer the weather, the more likely it is that the average person will head outside and into shopping centers.  However, those of us who have worked in retail know that this does not always hold true.

Imagine: It’s a Saturday, the weather is perfect and you anticipate record sales for the day.  You unlock the doors of your dollar store or general merchandise business and get to work.  Quickly scanning the floor, you straighten any items askew or in the wrong place.  You work hurriedly, expecting the first customers of the day to come in early, maybe within the first hour of business.  Once you’re done preparing for the onslaught, you take a seat at the register and wait for the sales to start rolling in. You wait, and wait, and wait … And no one comes through the door!  No regulars, no new customers, not even any window-shoppers!  It doesn’t pick up in the afternoon, either.  You end the day with just a few sales in the register and many questions on your mind.  What went wrong?  Where were all the shoppers if they weren’t out shopping?  What could you have done differently to increase your daily sales?

If this scenario sounds all too familiar, it may be time to outdoormarket1consider taking your dollar store out the door. I’m not suggesting that you walk the streets in a giant dollar suit or start selling your merchandise from a random street corner, but I am telling you that it may be time to consider a new approach to summer sales.  Let’s examine the aforementioned questions raised by our hypothetical summer sales flop.

1)     What went wrong? This is a tricky question, and impossible to answer with complete accuracy.  However there are a few basic tenets of summer shopping that are often overlooked or misinterpreted by retailers.  Manysummerumbrella assume that when the weather is warm people are more likely to spend the day outside, and therefore they are more likely to go shopping.  This idea is only half true.  Yes, when the weather heats up people are more inclined to spend the days outside.  However, we must also consider the reason why they are more apt to go out.  It’s because of the lovely weather, of course!  And if people are venturing outside because of the weather, they are more likely not to enter your store.  On summer days, many would-be shoppers prefer to remain outside, soaking up the sunshine and the pleasant ambiance of summertime.

2)     Where were all the shoppers if they weren’t out shopping?  Just because shoppers aren’t taking advantage of the deals offered by your floweroutdoormrkt2dollar store does not mean that they aren’t out there looking for the latest in general merchandise.  Summer is the season of swap meets, outdoor malls and farmers markets.  These open air marketplaces enjoy huge popularity during summer months because they allow shoppers to remain outside while also filling their retail needs.  While no one was inside your dollar store, there may have been hundreds of potential customers just down the street at your local swap meet!  

3)     What could you have done differently to increase your daily sales?  Get in on the farmers market craze!  Go to your city council (or online) and find out if you can apply for a booth at any local open air events occurring throughout the summer.  Of course, for some of you this might be impossible due to waitlists,outdoormarket3 extensive application processes, or lack of opportunity.  In that case you can still add a summer spin to your regular retail location and increase your sales by taking a few simple steps.  Grab several of your most seasonally-appealing items and place them just outside your storefront, as if you are having your own “sidewalk sale.”  Make some eye-catching signs, add a salesperson to monitor outdoor activity, and voila!  You have your own mini outdoor market! 

DA135Kole Imports’ dump displays and summer-themed pallets are perfect for this type of merchandising.  For example, DA135 (Summer Toy Starter Pallet) is filled with irresistible summer impulse buys.  Items like pool toys, swimming goggles, water guns, and beach toys are the kind of low cost/high return merchandise that can add that sales boost you desire while also attracting summer shoppers who might otherwise pass you by.  Don’t forget that Kole Imports’ PromoPallets ship free on orders over $1,000 and can be set up in under one minute, making it easy to set up an attractive “Summer Sale” section just outside your store! 

jumpropewatergunbeachtoyThe beauty of summer is that it brings us outside and into our communities.  By adding an open-air feel to your dollar store or general merchandise business, you encourage shoppers to stop and view your merchandise.  You also gain the opportunity to have direct conversations with your customers, as well as receive immediate feedback from them.  And such personal interaction dramatically increases the probability that they will return to your store, even when the weather turns cold.
sandheart

Bringing people together- isn’t that what summer is all about?

The Truth about Trade Shows

Posted in Wholesale Trade Shows on June 16th, 2010 by julianna – Be the first to comment

For me, the month of   august means three things: my birthday, beach weather & the ASD Trade Show in Las Vegas.  If you are not familiar with this general merchandise extravaganza, you need to be!  It is the best way to get amazing discounts on everything you need for your dollar store, wholesale or general merchandise business.   This is your chance to get a jump on the competition and get set for the biggest buying seasons of the year (Back-to-School and Holiday, anyone?).  As a newcomer to trade shows, I would like to share a bit about what you will experience as a Kole Imports customer if you choose (wisely) to attend the ASD Trade Show, coming up August 8th through 11th at the Las Vegas Convention Center.

BoothASDYou might be one of those people who hears the phrase “trade show” and automatically envisions suffocating crowds and labyrinthine aisles of merchandise.  I admit: I was one of them too.  Before my time at Kole Imports I thought all trade shows were too big, too loud and too crowded.  At their mere mention, I experienced visions of being buried alive in a landslide of sales people and general merchandise.  But now I know that there is nothing scary about trade shows.  How can I be so sure?  Because I worked as a Kole Imports representative at the last ASD Show in February!

It was my first time at a trade show of such magnitude, and I had my doubts.  But by the end of the first day I realized that working at the Las Vegas ASD Show was noASDHenry different than working at the small retail boutiques of my youth.  Sure, I had to be familiar with more merchandise, but I was still able to provide the highest level of customer service to all with whom I worked.  Since Kole Imports is equipped with a large and experienced team of general merchandise experts, there were more than enough people to handle the volume of customers we received.  Every customer that came through our booths received one-on-one attention from a member of our sales team or support staff.

OldManASDOne of my favorite customers from the show was Henrietta from South Carolina.  She ran a small business from where sold homemade gift sets made of cocktail napkins rolled with some sort of matching utensil or implement.  She described her clientele as “southern belles” who enjoyed shopping and had a taste for “all things girly.”  For example, she might wrap a colorful nail file set with a matching cocktail napkin and ribbon.  Or she might take a colored glass spice jar and pair it with decorative tissues and teaspoon.  Her main specification:  “Everything must be tiny!” 

I had so much fun touring Kole Imports’ booths with Henrietta and trying toArtASD come up with creative ideas for her gift sets.  It took us almost two hours to find just a few items that fit her specific needs, but all of that time spent was worth it.  Henrietta found some great deals, and I got to meet a fascinating woman with a witty and unique business sense.  Henrietta and I kept in touch after the show, and to this day I think of her whenever we get new napkins or colorful tissues in stock.

While most people view trade shows as impersonal events where it is easy to get lost in the crowd, such is not always the case.  My first trade showKolewater experience gave me the chance to provide hands-on assistance to customers with extremely diverse business needs.  If you visit Kole Imports at the ASD trade show this August, you are sure to get the attention and personal assistance you deserve along with the best selection of closeouts and general merchandise anywhere.  See you there!

markcalendar*For more information on ASD see the “Trade Show Calendar” on the Kole Imports Home Page.

Photos by Marat.
 
 
 
 

 

Getting SPECIFIC about GENERAL Merchandise

Posted in Buying Tips on June 14th, 2010 by julianna – Be the first to comment

questionIt seems like almost every day at Kole Imports I am faced with the same deceptively simple question: “What kind of merchandise do you carry?”

This query is posed by new customers, trade show attendees and corporate buyers. It comes up in phone conversations, show room visits and sales calls. It is the fundamental question that inevitably arises from the ambiguity of a business category that seems to encompass everything and nothing at the same time:
General Merchandise.

Defining this term is an essential ingredient for success in the dollar store and wholesale industries. If your customers don’t know what you are selling, how can they be expected to buy your merchandise? As a marketer, I run into this problem quite often when I am reaching out to new customers.

boxesFor example, I recently called a buyer for a convenience store chain with the intention of introducing him to Kole Imports’ merchandise. “What do you sell?” the buyer asked. How does one answer such a broad question in a clear and concise way? I tried the obvious response: “What typesof items are you looking for?”  I asked. But this approach led right back to where we started. “I don’t know. That depends on what types of items you carry,” he said. Ay, there’s the rub.

 How can a customer create a purchase order if they don’t know what items are available? And how can a merchant explain what is available in a warehouse containing thousands of merchandise categories?

So, what is “General Merchandise?” For those of us who work in the business,target that’s a tricky question. Our merchandise can fluctuate day-to-day or even hour-to-hour! The first step to finding an answer is to get specific about your business. What unique services do you provide along with the goods that you sell? Even when dealing in general merchandise, we all perform at a certain level of specialization. We may even have multiple areas of specialization, depending on the customers with whom we typically deal.

Take Kole Imports: We specialize in being Your Profit Source®. We are most commonly known as a source for dollar stores. But sometimes we have to get more specific than that. It pays to consider not only what “General Merchandise” means to your business, but also what it may mean to your clients’ businesses.

pediPDQ1

DC121

If a pharmacy buyer comes to you for merchandise, think about what items their customers are likely to purchase. Pharmacy customers are probably looking for a more specialized version of the merchandise you already carry in your own wholesale warehouse or dollar store. That is why it is so important to have a working knowledge of other industries besides your own. Know the businesses of the clients you are targeting, and be prepared to quickly list several merchandise categories from your stock that are directly applicable to their businesses.

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DB109

That’s how I approached my convenience store conundrum. The buyer wanted more information, but didn’t know where to start. So I researched his convenience store chain and got an idea of their store layouts, their merchandise, and their typical clientele. By applying this newly gathered information to my current knowledge of Kole Imports, I decided that PromoPallets would be the best place to begin.


PromoPallets are perfect for convenience store chains due to their ease of setup and variety of merchandise. PromoPallets featuring auto accessories, pet supplies, and even health and beauty items appeal to the impulse-buyingbullseye tendencies that most convenience store shoppers harbor. I did my homework, and in turn, the convenience store buyer was able to see how “General Merchandise” could be applied to his specific store!


Though your business may fall under the broad heading of “General Merchandise Suppliers,” you don’t have to treat your customers in a generic manner. By becoming an expert in industries outside of dollar stores and wholesale markets, you can to adapt your “General Merchandise” business to fit almost any specified need. And if you can do that, you will never again be caught speechless when someone asks:
“What exactly do you sell?”

July 7-9 See Kole Imports in Houston

Posted in Buying Tips on June 10th, 2010 by brian – Be the first to comment
Houston Texas Wholesale Merchandise Show
Houston Texas Wholesale Merchandise Show

On July 7-9 Come see all of our newest wholesale merchandise and great closeouts at our Wholesale Merchandise Trade Show in Houston, Texas.

New Big Wholesale Tool Items

Posted in Buying Tips, New Wholesale Items on June 8th, 2010 by brian – Be the first to comment
Flexible Screwdriver With 30 Bits # OB623

Flexible Screwdriver With 30 Bits # OB623

Take a look at what you’re selling in your store.  Do you have enough items for men?  I’m talking about real men who like to go camping and  know how to fix things.  Men who take a shower after work every day, not before.  If your store lacks items for such men, you’re missing out on a key demographic.  Even if these guys don’t shop in your store, their wives and kids do, and they’ll be looking for a good deal on manly gifts for Christmas and birthdays.

Think of how proud Manly Customer will feel when he’s with his friends and asks them “How long is your measuring tape?  Oh.  Mine is 100 feet long.  Yeah, that’s right.  100 feet.  But yours is fine, as long as you never have to measure anything big or important.”  Not only will you have one happy customer, but all of his insecure friends will flock to your store to buy their own 100-foot measuring tapes.

100-Foot Measuring Tape # OB624
100-Foot Tape Measure #OB624

And Manly Customer will have many more similar conversations with his friends as follows:  “Hey, nice screwdriver.  Yeah…  It’s kind of like mine, except that mine is longer and flexible and has 30 different bits.  But yours is good too, as long as you don’t have anything difficult to do.”   “Hey, is that your camping lantern?  Is it remote-controlled?  No?  Oh.  Mine is.  Can you charge yours with your car’s cigarette lighter?  No?   I can.  Well, yours is still good for your kids to use when they camp out in the back yard.”   Manly Customer’s friends will rush to your store to buy these great items for themselves.

Remote Control Lantern # OB621
Remote Control Lantern # OB621

Our new shipment of he-man wholesale tool items includes the items mentioned and pictured above, as well as a few different screwdriver sets, a big hand-operated tire pump with a gauge (#OB622), a wire brush set (#OB620),  and some nice paintbrush and roller sets.  These are a great complement to our current tool selection, and they allow you to offer different size and price options to your manly tool-seeking customers. 

Click here to go to our website and see all of our wholesale tools.

Working the Wholesale Wedding

Posted in Buying Tips on June 2nd, 2010 by julianna – Be the first to comment

Ah, June. The sun is shining, the birds are singing and juneflowers2everywhere it seems like couples are getting hitched. It’s that magical time of year when the balmy air and blooming buds lend the perfect background to bridal bliss. That’s right, it’s wedding season!

But before you start getting all misty-eyed while planning your best friend’s bridal shower or bachelorette fete, think about this: How much is it going to cost to get those teeny-tiny place cards for 65 of your closest girlfriends? How much do those elegant invitations cost, not to mention the postage? Where will you find the perfect shade of pale pink ribbon to artfully tie around each and every champagne flute? And what about that sparkly stuff you always see scattered on party tables? What is that stuff, anyway?

Don’t worry, you can have your wedding cake and eat it too. How, you ask? By “working the wholesale wedding,” that’s how! At Kole Imports, we carry many wedding-themed items, from bachelorette favors to bridal shower décor. And all of these nuptial knockouts are priced at wholesale levels. So forget scouring the web for wedding boutiques or specialty party suppliers. With items from Kole you can do it all: send invitations, buy placecards, coordinate tableware, add table scatter, and even find the perfect shade of ribbon to top it all off!    

  desktopKJ005 placecardKI5252 napkinKJ671 plateKJ670 KI719scatterKI679ribbon
[Items pictured: KJ005, KI525, KJ671, KJ670, KI719, & KI679]

 Here’s what I mean:  Using only items from the Kole Imports showroom, I was able to put together a lovely table setting that is perfect for a casual bridal luncheon:

wedding

Table Spread Features: HM826, HM821, KI842, KI037, & KS271

 

Having access to such a wide variety of items at wholesale discounts is one of the many perks of becoming a Kole Imports customer.  We are constantly getting new closeout party supplies and unique decorations for all occasions.  From wedding and anniversary, to birthday and graduation, Kole Imports has the party supplies for your pending occasion.  And if you are a wholesale distributor, take advantage of our ever-changing merchandise.  Don’t forget to check our website frequently for the latest news in closeout deals and seasonal sales.  The best deals never last long in our stock room, and if you snag them right away they won’t last long in your store, either! 

KJ352

KJ352

So the next time you find yourself in charge of decorating for that “dressycasual” bridal shower or “creative cocktail” bachelorette party, you’ll have a little secret up your “formal daytime” sleeve: Kole Imports!  Never overlook dollar stores or online wholesale merchants when searching for specialty décor. Often, it is at places like these where you will find the most unique party items at the best values.  And when your best friend inquires where you managed to find such perfect accoutrements for her beach-themed bonanza, you can simply say, “Oh, I know a little place …”                           

We Have BIG Wholesale American Flags In Time For July 4

Posted in New Wholesale Items on June 1st, 2010 by brian – 1 Comment

The 4th of July is about a month away, and in typical American fashion, a lot of procrastinators will be looking for American flags at the last minute.  If you have American flags  in your store, they will sell, and we just received a huge closeout wholesale lot.  I’m not talking about the little paper flag on a toothpick that you put on top of a cupcake, or a postcard-sized flag on a stick you put in a potted plant on your porch.  These are the real deal; big, proud American flags.  Hang one of these babies up at your house and no one will ever question your patriotism again.  They are made of durable fabric with hemmed edges to help them stand up to heavy winds.

We have 2 sizes, which nicely fit any budget.  Our smaller flag (item # GM251) is 2 feet by 3 feet, and the wholesale price is 62 cents.  At this price, you could sell it in a dollar store.  In fact, if you sold these flags in a dollar store, it would be such an amazing value that they would sell out in no time.  Our larger American flag (item # GM250) is 3 feet by 5 feet, and it wholesales for $1.25.  This is a full-sized flag, and you can decide how much to retail it for.  At the very least, you will double your money on it. 

3 x 5 Foot Wholesale American Flag # GM250

3 x 5 Foot Wholesale American Flag # GM250