Member Area
NEWSLETTERS Christian Retailing Update Gift category requires special attention
Gift category requires special attention PDF Print E-mail
User Rating: / 0
PoorBest 
Monday, 01 June 2009 01:00 AM EDT
Gary FosterAt a time when every category in the Christian retail market is under scrutiny to ensure that it is performing at a level that warrants the store space it occupies, many have looked to gifts as their saving grace.

With book sales increasingly spread across various retail sectors and music sales taking a heavy hit from online purchasers, gifts have helped many Christian retailers keep their doors open by providing products with the potential for big returns from little investment, and which have not yet been cornered by mainstream retail.

But as the retail market continues to change, so too do the best practices required of Christian stores. Although there are many similarities between Bibles, books and gifts, producers, distributors and retailers also note that there are significant different demands in selling gifts.

Among the challenges: domestic/overseas sourcing, packaging, returns, margins, merchandising, product life spans.

"Not recognizing these differences can be fatal for a business," said Gary Foster, founder of Gary D. Foster Consulting, and a longtime industry adviser. "This has a lot to do with why publishers seldom produce gifts, and gift companies rarely publish books. However, retailers don't have the luxury of neglecting either. They need to offer both to their customers."

Retailers and suppliers discuss best practice issues for gifts in the latest article in Christian Retailing's "Essential Guide," in the June 8 issue of the magazine.

 


 

Add comment

Please note: While registration is not required to post comments, only registered users can access the advanced feature comment system. To register, click here.
To post a comment without registering, you must provide your "name" and "e-mail."

Under our terms of use, we reserve the right, at our sole discretion, to change, modify or delete your comments at any time without further notice. We also reserve the right to republish your comments in our print publication as a "letter to the editor."


Security code
Refresh

In this current issue:

InterVarsity Press wins Theologos Awards

News image

The Association of Theological Booksellers (ATB), an organization of diverse...

READ MORE

Retail sales rise, consumer confidence declines

News image

Despite severe weather in some parts of the country last...

READ MORE

Catholic bookstore doubles its size

News image

One of oldest and largest Catholic bookstores in Southern California...

READ MORE

‘Maverick’ author introduced to new readers

News image

One of Christian publishing's most celebrated writers is being introduced...

READ MORE

'The Cross Soundtrack' forthcoming

News image

A CD tied to a documentary about cross-carrying evangelist Arthur...

READ MORE

‘Hachi’ coming to Christian retail

News image

Hachi: A Dog's Tale will be released on DVD March...

READ MORE

Right Stuff Kids highlighted in virtual show

News image

Right Stuff Kids books are being spotlighted in the new...

READ MORE

Media spotlight for Tyndale’s ‘Son of Hamas’

News image

Mosab Hassan Yousef, a son of one of the founders...

READ MORE

High tide for faith-based films

News image

Faith-based movies are making waves in theaters and bringing hopes...

READ MORE

Bible suppliers on maximizing God's Word

News image

Christian retailers should be cautious about undercutting themselves in their...

READ MORE

TobyMac, ‘Pistachio’ atop SoundScan charts

News image

Tonight by TobyMac (Forefront Records/EMI CMG Distribution) remained atop the...

READ MORE

Revised Donald Miller books forthcoming

News image

Howard Books is releasing Father Fiction, a revised and expanded...

READ MORE
100%
-
+
0
Show options

New Release Listing

VBS 2010




a