Retail Forum
Agenda ◌Simon Winter, VOW Retail ◌Jonathan Pearn, Integra Office Solutions Ltd ◌Derek Evans, The White Rooms ◌Open Discussion
Making Promotions Work For You Simon Winter Independent Retail Channel VOW Retail
Making Promotions Work For You Intro to VOW Retail & Promotions In-store Promotions – What, How, Who, When What Others Do What’s Available To Help What Will You Do Next?
VOW Retail Integra is delighted to announce a new retail agreement with VOW Retail which will give members access to special discounts, exclusive offers and free delivery. VOW Retail is a specialist distributor of stationery, packaging, gift wrap, seasonal product, and computer/printer supplies, stocking retail-ready products from global suppliers like Bic, Jiffy, PostPak, Henkel, Hamelin and Newell Rubbermaid. "We have created a dedicated resource for Integra members " Integra members will also receive additional discounts on the products within the VOW Retail catalogue which features 500 lines not featured in the main VOW catalogue Discount to members: 10% discount off main retail catalogue lines & 2% off all promotional flyers for products from the Retail Catalogue range. Where a lower price than this has already been agreed with the main VOW business for all Integra members then this price will be charged.
Retail Promotions
Saving on normal Integra Price 40% Saving on normal Integra Price 30% Saving on normal Integra Price 36%
Retail Promotions So How Do You Use These Promotions In Your Shop
In-store Promotions Option 1 Sell the same amount as usual at the same price - but make more % profit!
In-store Promotions Option 2 Sell more product at a lower/promotional price - Maybe make less margin! REMEMBERING : 50% of £100 = £50 BUT 33% of £200 = £66
What Others Do Make your choice based on : What WHO HOW WHEN
What Others Do 33% - 50% Off – Drives Volume
What Others Do 25% Off – Incentive To Buy
What Others Do 1 Ream at £5.99 = £2.25 Profit 2 Reams at £10.00 = £2.85 Profit Multi-Buy Offer
What Others Do Price Establishing – Highlighting Value Establish and substantiate the reference price for a period that is relative to the length of the sale period, to ensure that the sale period is not longer than the non- sale period. (i.e. that the higher reference price applied for a longer period than the promotional reduced price). This is subject to the minimum 28 days’ price establishment period. The BIS Pricing Practices Guide indicates that a price used as a basis for comparison should be the most recent price available for 28 consecutive days or more, unless the nature of the product or circumstances render this unreasonable (such as in the case of food items).
What Others Do Because you have brought You can buy this for just £1 Incentive To Buy
What’s Available To Help
40% Off TODAY FREE When you spend £100 Today
What’s Available To Help
Celebrating Past, Present & Future Sell the same amount as usual at the same price - but make more % profit! PASTPRESENTFuture
So What Will You Do ? “If you keep on doing what you’ve always done, you’ll keep on getting what you’ve always got.” W.L. Bateman
Making Promotions Work For You Simon Winter Independent Retail Channel VOW Retail
Jonathan Pearn Integra Office Solutions Ltd Your 2013 Retail Support Programme
New for 2013 Fresh designs for seasonal point of sale material New designs for price promotions Marketing collateral to promote loyalty schemes, including a new School Loyalty Scheme More flexible ordering
Create your own POS Kit Choose from; – Shelf talkers – Header boards – A1 & A0 Posters
Loyalty Schemes We have created three programmes to help you encourage loyalty with different groups; – initiative Business Club Designed to encourage local businesses to buy in store – Over 55s Club Designed to encourage sales on the quietest trading days of the week – Education Essentials Designed to encourage local schools, colleges and universities to shop with you.
Integra Retail Suppliers
Instore Header Boards Change the look and feel of your store with eye catching header boards! Simply give us the section headings and we can print to order.
Large Format Printing Posters from A4 to A0 Hanging boards Pull up roller banners A-Frames Poster stands Outdoor banners
Jonathan Pearn Integra Office Solutions Ltd Your 2013 Retail Support Programme
Insert Title Derek Evans
Increase Margins Retail Packaging and Blistering In-store Promotions
Retail Packaging & Blistering % MARGIN INCREASE
Retail Packaging & Blistering % MARGIN INCREASE
Additional Benefits Create your own identity Make it easy to buy Professional appearance Increase average spend Increase customer retention HIGHER MARGINS!!
In-store Promotions Give customers deals Protect margins Increase basket value – design & print online
Summary Packaging – Grow your product range – Increase your margin – Improve the shopping experience In Store Promotions – Offer deals – Protect Margins – Increase average spend QUESTIONS?
Open Discussion