Items tagged “Toy Stores”

“A penny saved is a penny earned?” With today’s inflation and recession and depression or whatever else that ends in an “ion” that we’re in together, we all have to pinch greenbacks, not coins! Who is finding ways to save? If your customers are not spending more, better start saving more. Here’s some penny-wise tips from The Giggle Guide™. Help your fellow retailer, and share the wealth of ideas you have tried that make you a “wiser miser”!

Thanks for reading, and for all your answers. Since all answers were essentailly “correct” the winner of the Baby Prize Pack from LJBryn&Co. including: Doctor T’s Super Goop SPF 30 organic sunscreen, Scout Baby Organics bodysuit and an Itzy Ritzy wet bag is… JCB, who responded on May 25th. Congrats JCB and please email me your contact info!

These “intended answers” were:

  1. SBO small business owner
  2. COB close of business
  3. ROI return on investment
  4. NLT no later than
  5. TTYL talk to you later
  6. ABC All Baby & Child

Toy industry giant Toys “R” Us announced the acquisition of the iconic FAO Schwarz early Thursday, May 28. Terms of the acquisition were not disclosed.

In a press release, Jerry Storch, Chairman and CEO of Toys “R” Us says of the acquisition, “We have enormous respect for the FAO Schwarz brand and for the special place it holds in the hearts of children everywhere.”

Toys “R” Us will takeover operation of the store in New York City, the Las Vegas store, as well as all e-commerce and the FAO Schwarz catalogue. All FAO Schwarz entities will retain the brand name.

You’ve decided you want a sales rep and you’ve decided you’re ready for one too. The next step is defining what sort of sales rep you should hire. I’m using the word “hire” pretty loosely here… If you want to work with an independent sales rep, both of you create a contractual relationship rather than an employer/employee relationship. You don’t typically pay an independent sales rep benefits or withhold taxes from her commission check. If the relationship ends, the sales rep won’t receive unemployment benefits. These are some of the legal reasons why sales reps are independent.

Just for fun, here’s a list of commonly used acronyms. Many are specific to the kid’s industry. Some are general business terms. A few are just for fun.

Your task? Define all these acronyms correctly, including the bonus questions. Post your answer in The Giggle Guide “Comments” section. The first respondent with a perfect score will receive a Baby Prize Pack from LJBryn&Co. including: Doctor T’s Super Goop SPF 30 organic sunscreen, Scout Baby Organics bodysuit and an Itzy Ritzy wet bag.

The winner, and all correct answers, will be announced next week.

  1. SBO
  2. COB
  3. ROI

I’m going to tell you flat out that if you’ve designed a tee shirt line and have a collection of 6 or 8 tees that have done pretty well when you’ve sold them at your local Mom2Mom or craft show, you’re not ready for a rep—yet. How can you get your line ready for a rep, and the increased sales that go hand in hand?

Visual merchandising. More than an arrangement of signs and products. To increase sales, engage more senses. Create an experience. Satisfy needs, but generate wants. The Giggle Guide™ provides display tips for retailers and manufacturers. In stores, or at trade events, what you see and hear matters. Create attention grabbers Generate buzz. Turn window shopping into increased sales! What customers see, hear and touch influences what they get!

You had a great idea to design and manufacture a line. You’ve sold it to a few stores in your neck of the woods. You’ve even gone to a few regional trade shows, or retail expos, and your line sold pretty well, so you forge ahead with plans to expand.

And now you can hardly keep up… Stores are calling you for re-orders but you’re on the other line and miss the call. You’re so busy dealing with supply, manufacturing and design details, you don’t have time to promote and sell your line anymore, much less follow-up with existing accounts.

I have always heard the advice, “Do what you love!” As a partner in a successful ad agency and marketing director at Earnshaw’s, I often got to do what I maybe kinda liked. At least I knew I was using some of my G-given talents. I have always been drawn to the creative side of marketing, primarily on the word side (since I found out in high school I could not draw well enough to be commercial).

The Children’s Show at Deerfield - Deerfield, Illinois (3/28/09 - 3/31/09)

The March 28-31, 2009 Deerfield Children’s Show reported a significant increase in sales and attendance over the March 2008 show.

Buyers from Illinois, Indiana, Michigan, Missouri, Nebraska and Wisconsin attended this growing regional children’s show located just north of Chicago, IL.

Show management is ecstatic with the growth of the show. Buyers are thrilled with the depth of price points and brands offered for boutiques and stores specializing in gift, toys, clothes, maternity, infant, juvenile or “green” merchandise.

Want fries with that outfit?

The Giggle Guide™ helps children’s retailers make the most from every sale. Suggestive selling. Customer role-playing. Employee motivation. Impulse buys. Counter intelligence. Know your products, your customer and your sales potential. Hear what your customer really needs. Show. Sell. Practice. Praise. Reward! Learn to Super Size… with The Giggle Guide™!

Several years ago, I attended a retail association’s meeting prior to the start of a national trade show. The leaders had gotten the names of every first-time exhibitor at the event. Each buyer picked one name out of a hat. They were asked to go to that exhibitor first thing and thank them for attending the show. The idea that retailers thanked a manufacturer for supporting a trade show struck me as a practice that truly recognizes the time, money and effort that manufacturers expend when they participate in a trade show.

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