Tips for Starting Up a Boutique

Many entrepreneurs are running their own businesses with little or no training. It seems that with a little research, many self-starters are seeing great success. Boutiques are a popular form of business to start. Most boutique owners aren’t simply looking to make some money, but have a drive and a passion to sell their unique offerings to the public. This is a good thing.

To be successful in a business, you must have desire. You have to care about what you’re doing and be willing to put in many thankless and fruitless hours of hard work. It takes stamina and determination. Do your research and you could be on your way to owning a successful boutique. Follow these tips to help you stay focused on your goal.

Try not to get swallowed up by mounds of paperwork and details swimming in your brain. Your initial goal is to get your “big picture” plans down in writing. This involves detailing what you want the store to look like. Write down the major categories of inventory that you want to offer. Add in what you want to be unique about your store. Define your competition and what you will do to be different. You really need to pinpoint a target audience. Decide who you will be marketing to, who you won’t be marketing to, and why.

Having these basic guidelines will help you to stay focused on your goals while you get other details squared away. Once you know what you want to sell, decide on your prices. You may have to visit other boutiques, check online stores, check auction sites, and make your decisions based on your competition.

Making your prices too low can make customers think that the products are of low quality. Try to stay in the range of pricing that you see when you research. If something is going to cost you too much and you aren’t going to see much profit from it, ditch it and move on to the next product. Remember that it’s not all about what you want to sell, but what the target market wants to purchase.

Once your inventory and pricing is squared away, you need to look at facilities. Choose a facility based on location, size, traffic opportunity, and price. You can afford a better location if you choose to go with a smaller space. Dealing with a small space is easy if you use the correct retail supplies and accessories. For example, you can use slatwall panels to turn small spaces into attractive displays. Slatwall is easy to install and helps you to make the most of the space that you have. Using slatwall in a boutique gives you lots of display options without breaking the bank.


About the Author: Ron Maier is the Vice President of S & L Store Fixtures, a leading online resource for retail displays, including mannequins, dress mannequin forms, female mannequins, slatwall and slatwall panels. For more information, please visit http://www.slstoredisplays.com.

Make Room in a Small Boutique

If you run a boutique, chances are space is an issue. Many boutiques are run by individual owners who simply cannot invest a lot of money on store space. Therefore, it becomes important to make the most of the space that you have available. Whether you’ve expanded your inventory, or you’ve always needed more room, you can use these tips to help you make room by following these steps.

First, you need to get rid of merchandise that just isn’t moving. Have a sidewalk sale or set up a clearance area and sell off what you can to make some room. Floor space and garment racks should not be crowded, so do what you can to consolidate, but don’t pack things together so tightly that no one is interested in digging through them. Move some things to storage if you have to.

Make use of the vertical space in your store. A popular option for retail merchandising is to have gridwall or slatwall installed. It is fairly inexpensive and can save you loads of space. Plus, there are other benefits to using it.

With a few simple accessories like hanging bars, shelves and hooks, you can turn your grid wall or slat wall into a merchandising and promotion dream. Using gridwall and slatwall systems puts your merchandise up where people can actually see what you have at a glance. Since customers often use their first impressions to determine whether or not they will buy anything, letting them know what you have when they walk in is a great idea.

When the floor is more spacious and open, you are less likely to lose merchandise to shoplifters. Gridwall and slatwall are loved by retailers everywhere because of this feature. Your employees can see shoppers from all around when there is no place to hide. Having crowded clothing racks just a few feet apart gives thieves the sense of security that they need to shoplift.

Clearing out floor space by using gridwall and slatwall makes your store look more inviting. It makes it more user-friendly, clean and organized. It also creates open spaces that you can use for more interesting displays, like mannequin displays. You can even hang mannequin torso forms on the ends of your hanging racks that protrude from your gridwall or slatwall. This is an effective way of letting your customers know what your clothing looks like when it is worn and drawing attention to your items.

About the Author: Ron Maier is the Vice President of S & L Store Fixtures, a leading online resource for retail displays, including mannequins, dress mannequin forms, female mannequins, gridwall and slatwall store fixtures. For more information, please visit http://www.slstoredisplays.com.

Gridwall and Slatwall Systems Can Help You Save Space

Boutiques and retail stores are often short on space. How many times have you said to yourself, “If I had the space, I could do so much more with my business.”? Sometimes it’s not that we actually need a bigger space, but that we need to learn to better utilize and organize the space that we have.

Gridwall and slatwall are the most popular, cost effective items on the market for utilizing vertical space in a retail setting. But, there are more benefits to using one of these systems than you may realize.

Slatwall and gridwall panels are both fairly cheap to install. It is generally recommended that you have a professional contractor do the job to be absolutely certain that the wall panels will hold up the weight that you need them to. Check with your insurance company before you attempt it yourself because they may require that a professional contractor do it and guarantee the work.

Once installed, both systems are easy to keep clean and neat. Shelves, hooks and hanging bars are easily moved about and both slatwall and gridwall can be simply wiped down with a damp cloth when needed. Slat wall panels come in a wide variety of colors and styles that are sure to match your décor. Grid wall sections also come in a few different colors and finishes that can help you to set the tone that you want in your store.

Gridwall and slatwall allow you to conveniently and easily move displays around with very little effort. This is such a useful aspect in the retail environment where needs are constantly changing. The versatility is unmatched by any other retail display. You can quickly switch from summer to winter, from sweaters to shoes, or even from jewelry to power tools. The possibilities are truly endless.

Gridwall and slatwall both allow you to put clothing and accessories on the wall instead of in your floor space. Not only does this save you from having an overcrowded sales floor, but it also allows you to coordinate your displays to make more sales. Let’s say that you are selling general apparel, like jeans, shirts, hats and jewelry. Normally these items would be hung on different racks around the store. But, with a grid wall or a slat wall, you can hang them facing outward and next to each other. You can even use torso mannequin forms to display the outfits in their entirety without using any more space.

Using your gridwall and slatwall to your advantage can save you on rent and power, but can also make your store or boutique easier to shop in. Customers appreciate being able to see what you have without digging through racks and crowded displays.

About the Author: Ron Maier is the Vice President of S & L Store Fixtures, a leading online resource for retail displays, including mannequins, dress mannequin forms, female mannequins, gridwall and slatwall store fixtures. For more information, please visit http://www.slstoredisplays.com.