Insight
E-commerce
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Ruchika Tyagi
Customer Success
25 May 2022
🚀 10-Point Buying Guide for Independent Retailers: Source Merchandise Like a Pro 🚀
Selecting standout brands and products is crucial. Let’s get your shelves stocked with items that fly off faster than you can say “GenZ-approved!” 🛒💨
1️⃣ Tap into Social Media 📲
See a brand killing it on Instagram or TikTok? That’s a green light! Social stats give you real-time insights into what’s clicking with consumers. Want a shortcut? Platforms like Andisor curate the buzz for you. Or, you can reach out to me with your wish list and our team will move mountains to source them for you. So you can buy products your customers are craving at the click of a button, right here on Andisor.
2️⃣ Trade Shows are Back, Baby! 🎉
Face-to-face interaction offers insights you can’t get online. Meet the creators, feel the products, and scout the trends. Then, find them dashing brands on Andisor and place your pre-orders online 🤝
3️⃣ Email Deep-Dive 📩
Inbox swamped? Worth a sift-through. Gems are hiding in there. Use a slow day to get your screening done and let promising brands know you’re game. It is hard work between discovery, due dilligence and dealing. We understand what it takes and help you navigate all of that online, in one place.
4️⃣ B2B Marketplaces 🌐
Forget sifting through endless emails; hit up B2B platforms. Andisor doesn’t just make buying a breeze; it’s a treasure trove of tailored recommendations. 🎯
5️⃣ Brand Values for the Win 🌱
GenZ cares about ethics and causes. Your products should echo your brand values, whether that’s sustainability or supporting local artisans.
6️⃣ Trust Your POS Data 💡
Your PoS isn’t just a checkout counter; it’s a crystal ball. Check sales trends by brands or categories, and let data guide your next move.
7️⃣ Trend-Watching 👀
Stay ahead of the curve. Subscriptions to trend-watch platforms like WGSN could be a good investment. Andisor publishes quarterly updates. Signup to get your newsletter and stay up to date with where the market is going to move.
8️⃣ Small orders and Test Batches 📦
Hesitant? Test the waters with samples or smaller quantities. A low-risk way to gauge customer reactions. 🤔➡️😍
9️⃣ Margins and Markup 💰
Solid ROI doesn’t come from just selling; it comes from smart buying. Assess your margins before you plan your promotions. Plan ahead for peak selling periods and create a healthy balance of low-margin volume drivers and high-margin image drivers.
🔟 Customer Feedback Loop 🔄
Your customers are your ultimate trendsetters. Keep the feedback loop tight; what they say today will set your orders for tomorrow.
In a retail landscape that's ever-changing, you can't afford to be static. You've got the 10-point guide, now you need the right tools to execute it. Enter Andisor—your trusted partner engineered for risk-less growth. We're not just a platform; we're your competitive edge. From custom recommendations to real-time analytics, we offer you actionable insights that make a difference, instantly. So, while your competitors are still contemplating, you're closing deals.
Partner with Andisor and redefine your retail game.