He offered us some useful hints and tips:
- When at trade fairs:
- If you're at a fair aimed at wholesalers make sure you know what your minimum order is and be prepared to negotiate
- Make sure that your wholesale price includes the cost it takes to make the item plus your profit margin
- Work out the recommended retail price. Buyers will typically use RRP = Wholesale Price x 3. Think about if this is how much your product should sell for?
- Have a story about your product to sell to the buyer: Why is it different? Why would their customer want it? This is what the buyer will use to sell your product to their customer
- DO NOT court retailers!!! They will find you not the other way round.
- DO court the press!!! PR is the key, learn to write good press release and get good photographs. If you're going to spend money on marketing, photographs should be key
- His book 'Batch; Craft, Design and Product' has an section written by Barbara Chandler, Design writer for the Evening Standard on how to write an effective press release
- If you only have one option on photography use white crop out images for your work
- Twitter is great for free publicity and information
- Places like the UKTI can help you get selling abroad and sometimes have pockets of funding.
- The BEDG can provide match funding for stands at foreign trade fairs.
Creative Leicestershire has lots of information sheets on low-cost marketing ideas, writing press releases and getting the public to your stand. Visit our resources section for lots more information
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