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Posts tagged ‘OOAK’

Retail Trends

March 20, 2012

sourcinghandmade

Today’s retail consumer has many choices.  Online, brick-and-mortar, overseas, and niche shops all compete for the consumer’s attention, loyalty…and money.  With the plethora of options flooding the market, brick-and-mortar retailers need to reach out to individuals’ needs and desires, and differentiate their offerings so they can stand out in this sea of choice.  This excerpt from The Street explains why:

“Service and in-store experience continue to break out of the “one-size-fits-all” offering. Both are becoming more individualized and specialized for specific target groups. Today’s shoppers are a highly differentiated demographic that promise to become even more so in the future. Working women, baby boomers, singles, teenagers and even children want products, services and shopping experiences that are as distinctive as they are. Leading retailers aim to satisfy these requirements by diversifying.  The two big words in retail’s future will likely be “customer customization.”  Retailers must begin to tailor products to the demands of individual customers in the same way popular e-commerce sites such as Amazon target customers based on purchase history.”

The one-size-fits-all approach doesn’t work anymore. This is one reason boutiques are willing to offer OOAK (one-of-a-kind) merchandise.  This is a reason why boutiques should look for the “never before seen” items…such as the quality handcrafted items like those in our gallery.  These types of items will make customers do a double take…enter the store instead of merely window shopping…and it will keep them coming back for more, knowing that the shop offers truly unique items.  Another benefit of handcrafted items is the customization possibilities.  Small, independent artisans and indie designers are much more willing to customize offerings to suit a particular boutique’s style and demographic than are their large wholesale competitors.  These types of offerings aren’t just an option, they are part of an essential strategy to keep the brick-and-mortars alive and well amidst the online retailer revolution.

One-of-a-Kind and Boutiques

February 16, 2012

sourcinghandmade

When you hear the word “wholesale”, does it make you think of a production line creating hundreds of the same item, over and over again?  Perhaps in the historical sense, but not with handmade, and not here.  Handmade items are different.  By definition, they are unique, some are OOAK (one-of-a-kind).  This means precisely that…one…of…a…kind.  Do these items have a place in a boutique?  Absolutely!  Here is a quote from the Glancer magazine about a local brick-and-mortar boutique “Many of the pieces in the store are one-of-a-kind because they are handpicked from independent artists or designed by (the owner) herself.”

The article also touts how they sell products designed and crafted by local and national artists.  This exclusivity is a selling point.  It makes the consumer feel she is getting something special…and she is.  Made with love by someone’s hands.  It portrays the boutique as a place that carefully selects their items, not as one simply placing large orders with precarious wholesale websites sourcing products from overseas.

If you create OOAK items, boutiques can be for you.  Many are willing to place orders for a variety of styles…and find consumers crave OOAK pieces.  Afterall, the boutique is unique in itself…it is not a big box store.  It caters to a particular clientele.  If their customers wanted the same necklace every Sue, Barb, and Sally were wearing…they would be shopping elsewhere.

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