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Retail Corner Please see below to view information and ideas for our local retailers:
Here are some ideas for the retailers who suffered due to the snow storm:
- Blizzard sale! Winter clearance sale! Take some significant mark downs on overstocks. Below cost if necessary. Create some cash flow. Buy one get one free. Free gift with purchase.
- Sale banners in the windows - take some items 70% off - have the banner say, "up to 70% off"
- Email customer list about super sale items - email them your sale flyer
- Create flyers with details about the sale items - hand them out to customers as they enter the store, see if restaurants might let you leave flyers with them, college bulletin boards, at the skating rink, etc.
- Promote any special services they offer - free gift wrap - free shipping
- Spend $100 take an additional 20% off
- Activity breeds activity - move the store around - create sale areas in the store - stack them up - let them fly
- Always look busy
In addition, have them negotiate with their vendors, lenders and landlords - let them know they need help. ( This information received from Marc Wilson, President of the Small Town Merchant’s Association of Maryland )
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