5 Tips for Success from VIP Vendors
Painted Tree would not exist without the community of creative, motivated, hard-working, and versatile shop-owners! But what makes them all so successful? We decided to get the inside scoop from some of our VIP Vendors on what it takes to build a successful business at Painted Tree. Here’s what we found!
Stay on Trend
For you, this could mean following fashion forecasting companies or it could be as simple as staying up to date on what items and style are trending among your target demographic.
Anticipate your customer’s likes and dislikes
Whether you carry an abundance of different items or specialize in one product, take the time to understand what your customer’s needs and wants are and what motivates them to buy your items. Consider focusing on items that are working and trying something new for items that don’t.
Market, market, market!
Proper advertising plays a very important role in running a thriving business. Our VIP Vendors are some of the best in the business, partly due to their marketing efforts on platforms such as Instagram, Facebook and TikTok. And if you’re not on social media, what’s holding you back?
Play around with Product Placement
If it’s been a while since you spruced up your store, customers may be subconsciously overlooking your space. Consider switching up your product placement to give customers the illusion of a new store!
Strategic Price Points
Having an array of price points — low to high — allows all customers that walk into Painted Tree the opportunity to choose which products work best for them.