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Industry Changes

Industry Changes

The quilting industry, like anything, is constantly changing. These changes vary from learning how to promote your business on social media or building a website, but there are still trends that affect your brick-and-mortar store.

A Sustainable Industry

Consumers are becoming more aware of where their products come from and how they are made. Nobody feels happy about giving money to a company who makes goods out of sweat shops, or a company with blatant disregard on their waste. How much do you know about the products you carry? How could you go about finding out more about their carbon footprint?

Payment

Consider how many customers wrote you checks this month, compared to 10 years ago. I would guess the amount of electronic transactions your business receives (and let’s be honest, gives) has drastically declined. Look into different payment options; does your store have an iPad that could benefit from Square? Has anyone asked you recently if you accept Apple pay? Does setting up direct deposit to pay your employees make more sense?

Customer Data

Online customers and in-store customers are equally important. How much do you know about the purchasing history of people who walk into your store? What customers prefer shopping online? Who does both? With multiple ways to get to your product, it’s important to keep tabs on this information so you can tailor an amplified experience when a customer comes in your door.

People who say retail is dying is missing the point; what is retail but an experience? Those who can maximize the experience for the customer while maintaining their brand are the retail stores that will continue to thrive.

Of course, there are many trends that effect the way customers shop, and how stores can meet their needs. Leave a comment if you’ve noticed any changes or have any suggestions.


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