Tag: How to start an online store

13 Things to Post to Social Media This Weekend

June 30, 2016 / Gail Oliver, Online Small Business Consultant

by Gail Oliver, Online Marketing Consultant

There is lots going on this holiday weekend, so if you wish to get your business seen on social media in the next few days, this is the type of content you need to post that will likely get share.:

What to Post to Social Media This July Holiday Weekend

Red, White and Blue Recipes
List of Best Summer Festivals in (pick a city, state or country)
Favorite Steven Spielberg Movies (the BFG comes out tomorrow)
Favorite Roald Dahl Books (the BFG is his book)
Amazing Fourth of July Fireworks PhotosBest Online Sales this Weekend
Best Beach Reads Summer 2016
Cool Facts about Canada (July 1st is Canada Day)
Hottest Soccer Players from UEFA Euro 2016
Favorite Country Music Lyric (for #NationalCountryMusicDay July 4th)
Stylish Wimbledon Fashion
The Coolest Celebrity Fourth of July Style
Best Moments from Game of Thrones Episode 11

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My Social Media Monthly Planner have content ideas for each day of the month.
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Creative Ways to Expand Your Product Line to Increase Sales

May 28, 2016 / Gail Oliver, Online Small Business Consultant

by Gail Oliver, Online Marketing Consultant

Adding more products to your online shop is another obvious way to increase your sales. Now, it might not always increase your profits right away because costs could increase with the addition of the new products, but it is another obvious way to grow your business. So, what are some creative ways to expand your current product line?

Start by taking a look at your current product line and see if you can offer different:

Colors
Materials / Ingredients
Shapes
Sizes
Scents
Languages
Embellishments
Styles
Prices
Uses

For example, one of my customers, Bad Tags, sells cute dog tags in a variety of sayings, colors and shapes. They even have tags that indicate if a dog has special needs and add-on accessories such as rhinestone rings for the tags. Therefore, how do they expand their current product line even further to increase sales? Since their tags do have sayings, maybe they could offer them in different languages other than English to broaden the market; or they could do a higher priced line of dog tags with embedded birthstones or diamonds (trust me, there are customers for this); or they offer a dog tag that has an LED light in it so the dog is seen when walking it at night. They have customers buying tags for animal fundraisers, so they could offer a value bundle strictly for fundraising purposes.

I know a lot of art and photography shops have taken their art and put in on everything from t-shirts to mugs, which is great, but now everyone is doing it, which is not so great. However, these shops could take their work and sell it in a different form, such as an image spliced into three images. They could try putting the art or photograph onto a trendy new medium, such as glass, or onto supplies such as fabric and ribbon and now they can sell to other businesses instead of just to the end user.

Even repackaging items can help if you don’t wish to add new products. If you sell monogram necklaces, for example, sell a mother daughter monogram necklace set, which means you now get two sales but to the customer it looks like one. If you sell baby blankets, sell a set of three together that are embroidered with “crib”, “car”, and “stroller”. Simple ways to turn your current products into more listings.

Need ideas on how to expand your product line? I can take a look at your products and give you ideas on how to expand, just book my 30-Minute Phone Consultation.

Trending This Week

May 28 – #NationalHamburgerDay
May 29 – #SundayFleaMarket
May 30 – #MemorialDay, #TheBachelorette
May 31 – #NationalWearAFlowerDay
June 1 – #WednesdayFamily
June 2 –#ThursdayThoughts
June 3 – #NationalDonutDay

How to Price Your Products to Appeal to the Gift Market

May 13, 2016 / Gail Oliver, Online Small Business Consultant

by Gail Oliver, Online Marketing Consultant

I often see people offering $20 necklaces for Mother’s Day and I sort of cringe. Now, I would expect a $20 necklace from my 13 year-old son for Mother’s Day, but I’m not going to buy a $20 necklace for my mother, it just feels too cheap. I realize some people are on tight budgets, but gifts take on a life of their own as everyone has a price point they feel is appropriate. If you are positioning an item as a potential gift, you may want to know some stats about the average prices people spend, so you are pricing your products for the correct gift giver.

Grad Gift Pricing

The National Retail Federation said that college graduation gifts hit a new high last year to an average price of $102.50. Now, this price is a range covering parents, grandparents, aunts, uncles, etc., and you can safely assume that parents will spend the most.

Valentine’s Day Gift Pricing

The National Retail Federation also indicated that the average price spent on a Valentine’s gift in 2015 was $146.84, and that men tend to spend more on the gift than women do.

Wedding Gift Pricing

Again, I often see $25 products being positioned as a wedding gift and I think no way. According to American Express people will spend $179 on a close family member’s wedding gift, $119 on a close friend’s, $114 on a relative’s, $79 on a friend’s, and $66 on a coworker’s for an average of $108.

Anniversary Gift Pricing

Now, what about anniversary gifts? According to research done by the Daily Mail, couples spend on average $170 on the first anniversary, $173 on the 10^th anniversary, $242 on the 25^th anniversary and $208 on the 40^th anniversary. Again, this is couples buying for each other, not children buying for parents.

Baby Shower Gift Pricing

The consensus at the blog, Baby Center suggests that the average amount spent on a baby shower gift is $20 to $25 for a co-worker or acquaintance, $50 for a close friend, or $100 for a best friend or family member (or a group gift).

Kids Birthday Party Gift Pricing

According to Learnvest, most people spend $10 to $20 on gifts for regular classmates but $20 to $25 for your child’s closest friends (at the elementary school level).

Teacher Gift Pricing

The price spent on a teacher’s gift does vary according to a person’s budgets, but Parenting magazine says the range for teacher’s gifts is $20 to $75.

This why many people avoid trying to target an individual or occasion altogether and will simply have shop categories entitled: Gifts $10 to $25, Gifts $25 to $50, Gifts $50+ and so forth.

A Real World Pricing Example

I wanted to buy a birthstone necklace for my 16 year-old daughter’s birthday and price was one factor I searched on. I wasn’t even considering any necklace under $50 because it didn’t feel special enough for a 16^th birthday. I also didn’t want to go too much over $125 because she is only 16. Therefore, this became my search: “birthstone necklaces $50 to $125″. These are things you need to think about this when targeting a specific gift giver.