INDUSTRY VIEWS INDUSTRY
Calming colours meet dazzling metallics
The kitchen is the heart of the home. It provides homeowners with a place to start and finish their day with family, while also doubling as a space to relax, unwind and entertain. Post-pandemic we saw nature-inspired palettes emerge as a strong trend, with hues evoking feelings of calm and providing a soothing effect. As we sail through 2022, these shades continue to be favoured by homeowners alongside warm metallic finishes to elevate the design. These earthy greens and blues are transformed from subtle to standout with flourishes of brass, copper or gold, introduced as accents with taps, PVD sinks or even trims on appliances such as range cookers. We expect to see much more of this with traditional-meets- contemporary kitchen furniture as we move into 2023.
Comment by Robert Stein, Product Manager for appliances, Rangemaster
A margin of possibility as budgets tighten
Only those living under a rock could have failed to notice that the cost of living is on the rise – and fast. It’s having an effect everywhere and on everything. Your customers’ budgets are likely impacted, as what with paying out more for fuel, energy and even food there’s a bit less left in the pot for that dream kitchen or bathroom they’ve been hankering after. Of course retailers are feeling the pinch too, and with the cost of products increasing it
becomes a balancing act to avoid having to pass that cost on to your customers and risk losing them altogether. It comes down to clever sums and being savvy about which manufacturers you invest in and
when. One Price is proving its weight in gold in this regard, enabling orders to be automatically assigned based on best margins and accounting for price or percentage discounts. No calculator and much less scratching of heads required.
Comment by Nathan MacLean, Managing Director, Virtual Worlds Forward Thinking Approach
From our experience the Bathroom and Kitchen industry is constantly changing and improving. New product designs and technologies are being developed and launched each quarter and it’s more important than ever to keep ahead of the curve - especially in new product areas such as hot water taps. The main features
and benefits driving new product development are improved safety, sustainability, convenience and health - all of which are highly important to consumers, and expectations like free shipping, fast delivery, great customer service, quality products and branding are now the norm. Imagine if one of the big tech giants came into your industry, would
Comment by Kieran Taylor-Bradshaw, Managing Director, INTU
they be selling the same products you sell, or would they create something better? A great person once told me; if you’re in second place strive to be the
best, but when you are in first place think like you’re in second place and keep pushing forward.
VIEWS
BKU JUNE 2022
7
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