203. Mystery Bags: A Simple Retail Marketing Promotion
Creative Shop Talk with Wendy Batten - A podcast by Wendy Batten, Creative Retail Mentor - Mondays
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With host retail coach Wendy Batten https://wendybatten.com/podcast-intro/ In This Episode: Looking for a quick and easy retail promotion to sell off older inventory, seasonal items, or even just a new fun way to move merchandise? I’ve got you! In this episode of the Creative Shop Talk Podcast, we are discussing mystery bags/bundles. I’ll share how they can work for you, how to determine a price point for your audience, and what you should be putting in the bags. It’s important to remember that not all mystery bag buyers aren't discount shoppers. If done right, your ideal customer base will love these! We’ll also talk about why you need to keep your brand in mind while putting these bags together. I’ll touch on how to market your mystery bags and how mystery bag stuffers can be a great marketing tool. So what’s stopping you? I’d love to hear if you’ve tried selling mystery bags in your retail shop and how it went! If it wasn’t what you expected, I hope this episode gave you some insight and the courage to try again. Let’s go! Need more? Join me and our supportive community of retailers in my Retailer’s Inner Circle! You’ll have access to countless Masterclasses including Foot Traffic Made Simple. Not ready to join but want to purchase this stand-alone masterclass? You can purchase it on demand HERE. Most impactful: Join the small group 6-Week Sales Accelerator course. We start in April! More information HERE. Related podcasts we think you’ll like: Episode 21: An Intro to Subscription Boxes with Sarah Williams Episode 126: 10 Simple Ways to Level Up Your Shop Episode 156: 6 Proven Ways to Improve Your Shop’s Merchandising About your host, Wendy Batten In case we haven’t met yet, I’m Wendy, a small business coach and founder of the Retailer’s Inner Circle, where I help other independent shop owners learn how to gain the right business skillsets to see more profits, paychecks, and joy as they navigate running their retail business. Through online classes, business coaching programs, speaking, and a top-ranked podcast, I’ve helped hundreds of retailers around the globe reclaim their dreams and see the success they want from their beautiful shops. My signature private coaching community, The Retailer’s Inner Circle, has helped retailers around the world build their retail business skill sets and confidence. I am proud to have been featured in several major publications, including my own business column in What Women Create magazine. I have been privileged to be a guest on top-ranked podcasts and sought-after as a guest speaker and teacher for several brands, associations, and communities that are passionate about the success of independent retailers. When I’m not coaching, you will find me either DIYing and renovating my very imperfect old crooked cottage by the sea in the UNESCO World Heritage town of Lunenburg, NS, or blogging about our travel and RVing adventures and the weird fun things we get up to in our coastal village. I’d love to invite you to check out one of my free resources for real retailers at https://wendybatten.com/free-resources/ For more support from Wendy Retailer’s Inner Circle - Join Wendy inside the best retailer’s community Free resources for shop owners Hang out and connect with Wendy on IG All of Wendy’s programs and services for shop owners can be found HERE. Subscribe & Review on iTunes Are you subscribed to my podcast? If you’re not, I’d love you to consider it. Subscribing means you won’t miss an episode! Click here to subscribe to iTunes! If you want to be more of a rockstar, I’d love it if you could leave a review over on iTunes as well. Those reviews help other retailers find my podcast and they’re also fun for me to go in and read. Just click here to review, select “Ratings and Reviews” and “Write a Review” and let me know what your favorite part of the podcast is. So grateful for you! Thank you!