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Selling During Festive Season

Posted on October, Wednesday 22, 2008 By Priyanka Bhattacharya

Some key tips for you to make most of this festive buying period.

The time for cheer is here, and so are the months for huge money spends. The next three months, the consumers are geared up to spend on buying gifts for family and friends, and even for themselves. Despite the rising inflation, the festive mood isn’t dampened yet.
So it is time you as the reseller or the retailer geared up to take advantage of this exuberant mood. Some pointers:
 

As the season starts, make your consumer focussed offering a complete solution. A buyer might come in for an MP3 Player, but might also pick up speakers to better enhance his or her music.
Think from the point of view of a consumer looking for a gift rather than what you want to sell. That will help you create better packages/ offerings, and earn better margins.
You can offer your own schemes to the customer where you transfer some of the channel scheme benefits to get more footfalls.
Create experience zones within your set up. For instance if you sell PCs, then pick up digicam

s, and printers from vendors to make your experience zone complete.
Tie up with your vendors in time to make most of the festive offers and schemes that they announce both for the customers and the channel partners.
While it is a good idea to give discounts, but don’t undercut the pricing. It might get that one buyer, but you will lose in the long run.
Don’t overstock in excitement or to make most of the festive schemes. It can lead to your losing money, since you may not sell as many.

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