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Go Back to www.IndependentRetailer.com MANAGEMENT Savvy Holiday


Planning continued from page 111


multiple box sizes or gift wrap- ping patterns, their customers could prefer only one, and re- tailers will want to make sure they don’t run out.” And with 10,000 products offered online, independent retailers can easily stock up on anything and every- thing they might need, including hangers, tissue paper, bags and boxes. The Nu-Era Group has not only been able to supply its customers for over 60 years with multiple products, but with a va- riety in each product category. “For instance, we have 38 sizes in standard white gift boxes that


can range from $20 to $110 dol- lars,” says Chapman. Supplies can easily be forgot-


ten when promotional planning and other inventory needs are being considered during the hus- tle and bustle of preparation, but they are a big part of holiday sales. Retailers may not offer gift wrapping, but as shoppers are looking for value added ser- vices to decide who to shop with, these may be the type of low cost supplies that will bring in higher sales. Inventory is a delicate bal- ance involving cash, sales and projection. It is not easy and not an accurate science, but could mean the difference between success or failure during the holiday season. While advertising and promo-


tion are not a forgotten aspect to holiday preparations, low cost, effective advertising is often overlooked for more expensive and sometimes unnecessary campaigns. Chapman mentions, “Custom printed bags and boxes are an affective and affordable way to advertise. People are buy- ing your merchandise, why not make sure they are walking out of your store with your name and information on the bag for other shoppers to see.” President of Halmark Sys-


tems, Mark Crean, tends to agree. “We do lots of business this time of year


in custom


printed labels and tags,” he says. “The retailer can put their name, number and address on


continued on page 113


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