Right I’m now sat in the strange place ……… first and foremost I always see myself as
a shop girl I love the shop floor and I have a passion for product and give me
a customer and some product I’m a happy lady – what makes me unhappy is
discounting.
I hate working the sale – I hated those peculiar customers
who would come just for the sale , sharp elbows and camp in the fitting room
and you never , ever saw them other than sale time – they never bought full
price – bottom feeders.
Now we are fast approaching 2012 and we have been in this
recession since around May 2007 but the last Government didn’t say anything “officially”
till the December of 2007 … so we are talking of four full years of recession,
belt tightening and a change of government and that strange thing by the
treasury called quantitative easing any how I’m not some great economist but I
do know retailing and customers.
So since March 2010 we have been blogging full time and
suddenly you see things with different eyes and you’re seeing businesses go to
the wall and it’s like hey hold up there ……… people need to take the blinkers
off and get with the programme- the internet is not killing the High Street –
the High Street is killing it’s self with shabby town centres and tatty shops
and discounting – yes discounting is what is killing sales not increasing them!
I think the most decisive thing about 2012 will be the
discounting and people are going to have to either be full time cheap stock or
you set the price and you discount twice a year and not this on off on off
discounting.
This is the stupidity and maybe I am thinking in simple
terms but hey just stand back and listen – first off if your clothing is
cheap and it’s fast fashion and aimed at the under 25+ year age group then
great just discount away and chop your slim margins to nothing chasing that
fickle consumer who cruises the internet looking at bargains all day. Why not
just set the right price and sell it and when you’re down to the last few call
it “last chance to buy” see what happens – one think I bet sales don’t fall off
a cliff and your margins are not shredded.
If you’re not the discount end and you spend a fortune on
your shops and the fitting rooms and you have models in your ad campaigns and you
project a certain image then can I ask why on a weekly basis your shoving
discount codes to affiliates and if you type your brand in Google it auto
suggests the word discount so to me all your image and money spent on
advertising is for nothing – plus this whole discounting is counter-productive
as the consumer thinking two things – the first if they have just bought and
then suddenly see a flash sale with a 20 or 30% off they are annoyed and feel a
mug second if you’re getting a reputation for discounting then they just wait
and it becomes a blinking match and we both know the customer wins.
In my humble opinion when you do this discounting all you’re
doing is appealing to the bottom feeder / sale bargain bagger and not your
loyal customer who would normally buy at the start of the season and top up as
the season progresses .. So why not do a deep intake of breathe and quit the
discounting – go cold turkey ……. Seriously if you have a great mid-market brand
why are you discounting all you’re doing is pissing off the once loyal consumer
and attaching some cheap shot who is in effect trading up on the cheap and will
never come back and you’re eating into your margins.
So 2012 should be the year folk get off the fence your
either cheap and a discounter or you’re not and to add to this WE never mention
discount on the blog Mrs.D doesn’t do sale directories or mark downs as I don’t
want bottom feeders reading my blog ……… there said it I’m not a cheap girl !


0 comments:
Post a Comment