How Fashion Accessories Can Increase Your Profits!

Updated: Oct 5, 2019

Whether you're starting an online shop or a brick-and-mortar store, strategically adding fashion accessories to your lineup can help attract new customers, increase your average order value, and bring new profits to your store. Instead of trying to expand your current product lines, focus on affordable products that can capture those impulse sales. Fashion accessories are often a completely new revenue stream for retailers that are often overlooked. This is because it takes a lot of effort to find the correct product mix that's trendy, sells, and complements each other. This is why Global Village Trading Company was founded. Now lets see how our accessories can help you:


Price Points:


As a retailer you want every person that walks through your door or visits your website to be a potential customer. Most of the time, if they've done their research and are willing to visit your shop, they are already a potential customer. This is when affordable fashion accessories can really help increase your profits by adding another revenue stream to your store. Global Village's products are priced in a way that gives you, the retailer, complete flexibility to price these products to make the highest possible margins.


Retail Ready Racks:


Our Retail Ready Racks are a HUGE advantage. They come in a variety of shapes and sizes so they can fit whatever situation you're trying to optimize. For example, if you're trying to take advantage of point of purchase sales, then you should check out our countertop displays. By placing one of our racks that has keychains, stylish necklaces and bracelets, and trendy earrings near the cash register, you can increase impulse purchases.


Seasonal:


Most retailers have their busy season, but shouldn't that be all year long? When your shop can adapt its products to holidays and seasonal trends then it can take advantage of impulsive sales throughout those seasons. Not only do customers get excited about the holidays, but they also get excited about dressing up, and fitting themselves for those holidays. Don't miss out on the opportunity to increase your profits during each and every holiday.




While it's important to stick to what makes your shop unique, don't overlook the value of affordable fashion accessories. Adding inexpensive options to your store is a great way to boost your profits, create impulse sales, and attract new customers.



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