| In this revealing article, the primary factors governing the profit of cut-flower sales are explained in detail. Learn how to increase your profit and win over supermarkets easily and profitably by utilizing your expertise as a florist! |
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| - | find prospective customers easily and continually... |
| - | educate them as a part of your presentation process... |
| - | offer them a specialised florist service that helps them by providing suitable flower arrangements on those important days... |
| - | have the tools to obtain MORE deliveries from him throughout the year... |
| - | have the tools to get him to commit to these deliveries in advance for the whole year (so that the contract is renewed automatically for another 12 months after each contract period) |
| - | price your bouquets and deliveries higher so they include something for the service... |
...and you're set!
I promise, making the average career person understand the value of the services of a professional florist is SO not a problem, if you know how to do it.
It's easy, very easy... and it's almost equally easy to sign them onto professional florist service if only you know how.
And that brings us to the subject of this article, namely the profit margin of the florist...
Increasing the
profit margin of cut flower retail salesBecause it's such an important subject, the factors influencing the florist's profit margin are a confusing issue as just about everyone has an opinion...
...and many of these opinions actually contradict each other.
Despite this and regardless of knowing this is not a good subject to discuss with anyone, I'm still going to give you my two cents' worth on profit anyhow.
Profit is governed by many factors but I'm not an accountant so I'm going to leave all the clever stuff out as I don't know much about it anyhow.
Instead, I want to talk about the "working profit" as a concept that leaves out everything else but two things:
1. The sales of flowers:
Here, I mean several things.
One is the outright gross sales in money that your business generates daily, weekly, monthly, and annually.
Another is the PROFIT you make on those flowers and any accessories.
This involves the subject of ADDED-VALUE.
If you can add value to your service to the customer then you can increase your price too.
Profit is very much attached to the concept of value, of course... and by including valuable forms of service into the whole you can charge more, translating into a higher profit margin.
Third is the degree with which you can INFLUENCE THE SALES DIRECTLY and thus generate more income on any given day or week.
To put it another way, the more you can DO to get rid of unsold stock in time (instead of just hoping someone walks in...) the better your profit is going to be.
And fourth is the VIABILITY factor of your sales, meaning how far ahead you have orders for deliveries which would determine how much your sales can (and will) be adversely affected by random problems such as bad weather, strikes and whatnots.
2. The purchasing of stock
The other factor I see to be totally relevant to profit involves how you buy your cut flowers and accessories.
Essentially the price is one thing. You would want to buy at as low cost as possible, obviously.
But another important factor involves the CERTAINTY AND QUANTITY OF SALES from your outlet.
The bigger batches you buy the more leverage you'll have in negotiating unit prices, of course. And the degree to which you KNOW you'll sell the flowers you've bought will govern the important factor of wastage.
For instance, you KNOW you have 50 deliveries of roses this starting week all of which have already been paid and cannot be cancelled then you'll KNOW you won't have wastage on that part of your order.
So,
putting these two factors together we see that the ideal florist's
activity would be able to sell a lot so that you can buy at lower
prices, have a service model that adds value to the whole so
you can increase your prices...
...and have the ability to increase sales with direct actions when needed so you can sell the stock instead losing it, and have a way of constantly acquiring new customers who will place their whole year's worth of orders to you then and there.
Now, that may sound a bit overwhelming.
But that's only because ALL of the successful actions of increasing profit have been put into a single sentence.
In reality, you would do each action at a time and it is actually very easy if you have the exact instructions and tools for each step of the way.
Best of all, this method is one that your local competitors do not have, so you can become the one florist whose profits skyrocket in your area.
And that's what we have in mind for you. Having had the insight to find this web site and being sufficiently interested in reading this article, you certainly have what it takes to be something very special among the florists in your area.
The exact steps, instructions and tools to make this a reality for you are documented in the Florist's Flower Power Business Expansion Guide and it may well be the thing you've been looking for so long.
I guarantee it will give you the way to overcome the cheapo supermarket onslaught into cut flower industry and help you increase your profits despite the competition.
Best wishes,
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HDK
Consultants Ltd 32 Manning Close Richmond Square East Grinstead RH19 2DR West Sussex United Kingdom (England) Tel. 01342-328 116 Int: +44-1342-328-116 CONTACT FORM |
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Active flower sales versus
the passive
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Increasing your florist's
profit
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What if you could obtain
customers who order ALL their flower deliveries at once
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Rich pickings Businessmen
as a target group for the florist
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10x the flower buyers'
loyalty & repeat business
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Increasing the value of your florist business
Click here to read how you can increase the sale value of your florist business! |
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| Publisher: HDK Consultants Ltd, 32 Manning Close, East Grinstead, West Sussex RH19 2DR, United Kingdome. Tel. +44-1342-328 116. Contact by email | ||
| Copyright © 2006 HDK Consultants Ltd. All rights reserved. No part of this web site content may be copied or reproduced with the written consent of the owner of the copyrights. Copyright violations will be prosecuted. | ||