Sales Opportunities for Apparel Are Still Out There

Even though it may seem like the need for printed apparel has dried up a bit, there’s still potential out there for sales. Times like these can bring out our creativity and take our businesses in new directions we would never even have considered before, and could benefit us further down the road. Here are some ideas we’ve heard from around the industry on how you could grab a few more sales for your business.

Sell That Printed Concert Merch

Because a lot of concerts have been cancelled recently, some decorators are sitting on a lot of unused merchandise. Some of these shops have been adding tour merch that was printed specifically for those shows to their online stores. Normally these are exclusively sold at concert venues, but now people can grab one of these on the web. To add some incentive for fans to buy one, some distributors are also adding in a free gift for each purchase and throwing in FREE SHIPPING as well.

Hookup with Local Gyms and Studios

Even though many gyms are closed around the country, people still have a hunger to stay fit. There are some fitness studios offering equipment rental for people to use during their workouts at home. Some of these gyms might want to try upselling printed athletic apparel along with these rentals, to make a few extra dollars.

Make Your Storefront Virtual

If you’re operating a retail store selling decorated apparel, consider opening up an online store. With people stuck in quarantine, it’s time to move that inventory online. Look into a simple platform like Shopify, to get started. They’re even offering a 90-day free trial with no credit card required. Hopefully, 90 days will be all you need to get through this quarantine period, so this might be the perfect solution for many storefronts. Other places like Etsy, eBay and Amazon may also be good options to look at, as well. If you already have a website setup with services like InkSoft or DecoNetwork, try adding those products to your offering online.

Curbside Pickup 

Although, dining out isn’t an option right now, lots of restaurants are transitioning to curbside pickup and delivery, so they can keep their businesses running. Other local shops may also be implementing similar procedures as well. Some of these places could have a need for additional apparel to identify employees, who are making deliveries or walking up to cars. They may even need reflective workwear, to keep them safe at night.

We’ll be keeping an ear out for any other ideas that could help distributors keep generating sales, and if you have any ideas or suggestions of your own, please feel free to share them in the comments below.

Don’t Make These 8 Mistakes When Naming Your Company

Ten to one you’ve seen some really terrible company names like Phartronics Engineering. When starting your own business, it’s important to take into consideration how it will sound, how it will look and whether or not it opens the door for a joke or two.

Entrepreneur magazine outlined eight great tips for avoiding unfortunate company names and choosing the right one for your business.

Mistake #1: Design by Committee

Getting everyone’s input and opinion might seem like a good thing, but the more information you have, the less likely you are to settle on one idea. Entrepreneur says that a lot of small business owners involve their family and friends in the process and risk alienating the ones whose ideas aren’t chosen. Others choose by consensus—often resulting in a bland name. Instead, try to only involve the key decision-makers (the fewer the better) who are acting in the best interest of the business.

Mistake #2: Mashing Together Two Words

We’ve all seen them. Names like QualiServe and TranquiSpa combine an adjective and noun to create a nonsensical, made-up name that, let’s be honest, isn’t great. Each word on its own is alright—tranquil and spa, for example—but together, they aren’t an appetizing mixture. They’re not creative and they sound forced. You’d be better off creating something completely new.

Mistake #3: Using Plain Words

Companies like General Motors and General Electric are only good because they were the first of their kind. Unless you have a wildly novel idea, you’ll want something more creative and flashy. (And chances are, if you have a wildly novel idea, you won’t want anything bland anyway!) Take the time to come up with something creative that reflects your business.

Mistake #4: Using a Map to Name Your Company

A lot of companies use their location to help create a company name. Though this might seem like a good idea at first, it could actually hinder your business as it grows. Ever heard of Minnesota Manufacturing and Mining? We hadn’t, either—at least, not by that name. To avoid limiting the company’s growth, its name was changed to 3M, and it’s now known for its innovation.

Mistake #5: Turning Your Business Name into a Cliche

It’s okay to use metaphors in your business name, but try to avoid overused words like “peak” and “summit.” Instead, Entrepreneur recommends using words that describe your business in a creative way. They give the example of a data storage company called Iron Mountain, which conveys strength and security.

Mistake #6: Choosing an Obscure Name

In Mistake #3, we recommended avoiding plain words. But you also don’t want anything too confusing. Business names that are obscure, difficult to spell or pronounce, or complex won’t resonate with customers. Make sure your company name is memorable, but also easy to understand.

Mistake #7: Creating an Awkwardly Constructed Name

Saying “kwality” instead of “quality” is nonsensical. Resist the urge to replace a Q with a K, or an F with a Ph. They’re only more confusing for customers and make it more difficult for them to find you online.

Mistake #8: Refusing to Change a Bad Name

It’s okay to admit when you’re wrong, and it’s okay to change an ineffective company name to something better. A bad name won’t just go away and your business’ problems won’t just disappear. You might have to put in the work to make a change so that your business can flourish.

The bottom line is: Put some serious thought into your business name. You want something unique and memorable that reflects your business goals and conveys your message. Start brainstorming—you might have a stroke of genius.

5 Ways To Connect Better With Your Employees

When running a business, there are many factors to consider to be successful. While you need a solid business plan, and an on-point product that is appealing to customers, arguably the most important factor in running a successful business is the people on your team. A happy team leads to a happily run business, and the statistics prove it. A study by Gallup showed that companies with the most engaged teams are the most productive and profitable. Another study by the Society for Human Resource Management showed that 74 percent of survey respondents stated that their relationship with their supervisor was in the top five most important factors influencing their engagement at work. As a supervisor of a team, it is in the best interest of your company, your employees’ happiness, and likely your own to develop a good rapport between you and your team.

Here are five ways to better connect with your employees:

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facebook ads

A Quick Intro to Facebook Ads

Whether you’re wholesaler or selling directly to consumers, marketing and advertising are an inseparable part of running any business. However, it can seem like a huge investment for small businesses with tight margins. Luckily, social media has made advertising easily accessible to companies of any size. Facebook is especially a great place to invest some of your advertising dollars and see a return on that investment.

If you’re just starting to think about Facebook ads, you’re in the right place. We’ll walk you through the basics, so you feel even more confident getting started! 

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SSActivewear psychology of pricing

Unlock the Psychology of Pricing

Why do so many prices end in .99 cents? Why does it seem like most businesses that offer levels offer 3 options? As a business owner, you know that these pricing trends are no accident. They are a marketing strategy that uses the psychology of pricing to help entice people to buy.

What is the psychology of pricing? According to Wikipedia, it is “a pricing and marketing strategy based on the theory that certain prices have a psychological impact.” In simple terms, this means it’s a pricing strategy that encourages the customer’s brain to think they are getting a deal or a great price. 

Examples of Psychological Pricing

Left-Digit Effect

Let’s use .99 cents as an example. Doesn’t it seem silly to price something at $5.99 instead of $6? What are you really gaining with a one-cent difference? We can tell you that one-cent difference has nothing to do with increasing margins and everything to do with the customer’s perception of the product. 

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Tips On Planning Your Goals For The New Year

2020 is right around the corner and with it comes, a new year, a new decade, and the perfect opportunity to set goals for yourself, your business, and your future. However, while many of us are ambitious in setting goals, we, unfortunately, aren’t always great at keeping them. A study by U.S. News showed 80% of New Year’s resolutions are abandoned by the first week of February. We know, this statistic isn’t exactly encouraging, but we’re going to help you out with some tips for planning, and keeping your 2020 goals and resolutions.

Tips for Setting Your Goals

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Whether you are planning personal or professional goals it can be hard to know where to start. Having a set of guidelines to apply to each goal will help you choose ones that are doable. Start SMART and set goals that are:

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5 Reasons Vacation is a Must for You and Your Employees

In the United States, we often labor under the notion that time is money. Sometimes it feels as though the American way is all work and no play, and the statistics back it up. 

To start, the U.S. is the only advanced economy that doesn’t guarantee its workers paid vacation. According to a recently revised report by the Center for Economic and Policy Research, that means 23% of workers have no paid vacation and 22% of workers have no paid holidays. In comparison, the European Union’s Working Time Directive requires its member countries to provide European workers at least 20 paid vacation days a year — something many U.S. workers will never receive. 

Of those Americans who do have paid time off (PTO), more than half leave the time unused. The U.S. Travel Association reported that just last year, 768 million paid vacation days were left behind by employees. Maybe it’s because Continue reading “5 Reasons Vacation is a Must for You and Your Employees”

4 Tips to Get Ahead of Tax Season for Small Business Owners

As a small business owner, you know that every penny counts come tax season. To complicate things further, you’re dealing with changes to tax laws yearly. Although these tax reforms may only impact small businesses minimally, it’s important to be aware of any new tax law reforms and how, or if, they apply to your business. 

For a small business, maximizing deductions and lowering your tax bill can be the difference between a profitable year and another year of scraping by. So, understanding where you can take additional deductions can save you major dollars and headaches. It’s imperative to speak with a tax professional for specific tax knowledge, but in the meantime, these tax season tips can help you get a head start. 

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4 Trends Taking Over Band Merch

Promotional, branded apparel has seen a resurgence in pop-culture — with particular influence from the music industry — in recent years. Not only is it a great marketing tool to generate awareness and revenue for the talent, it’s an easy way for fans to feel connected to their favorite artists. While band (or artist) merchandise (merch) fell off a bit, during the early-to-mid 2000s, the trend has seen continual growth rate since 2016. 

According to the 2019 Global Licensing Survey, global retail sales of music merch was Continue reading “4 Trends Taking Over Band Merch”

The 5 Best Role-Playing Scenarios for Sales Team Success

Just as athletes train to perform at their best during practices, so should your sales team. This is where sales role-playing comes in — it’s a crucial and valuable tool with a high learning rate. To help ensure your team’s success, we rounded up five of the best sales role-playing scenarios that provide a low-stakes opportunity to identify strengths and weaknesses among your sales reps. 

5 Effective Sales Role-Playing Scenarios 

1. Active Listening Improv

According to a recent study by HubSpot, 69% of buyers say a sales representative listening to their needs is the best way to make the sales experience positive. In order to tailor a specific sales approach to a prospective client, active listening — not just hearing — is key. 

This exercise will require at least two people and can also be done with a group. Here’s how it works:

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