Bridal buyer

(Grace) #1

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are prepared to haggle.
“Sadly not all retailers stick to that and I do
understand why, in a saturated marketplace and in
a month of poor sales it’s hard to hold your nerve
but short-term gain is long-term pain.If a bride
falls in love with a dress that is perhaps a Sassi
Holford or Suzanne Neville or Jenny Packham she
can travel to a number of places selling that dress – without
doubt, state-of-the-art websites will help her in her search.
However, she will ultimately make her place of purchase
based on other factors like the boutique standards, the
service offered and the reputation of the shop.
“The British high street is awash with shoppers asking for
discounts. There are dozens of websites set up to teach you
how to bargain. I stumbled across one addressing brides-to-
be and saying: ‘Go to the bridal shop you have found your
dress in, go for the last appointment on a Saturday, go on
the last Saturday of the month, offer 20 per cent less than
the ticket price claiming you simply don’t have the budget.’
This site claims that 60 per cent of the retailers approached
gave in to the offer.”
There are no postcode differentials in play, it seems,
brides across the UK are out there bargain hunting and, as
Rebecca Doyle says, often spending more on travel to get
that bargain than they are saving on the ticket price. Alison
Kirk Bridal in Perth, Scotland, tends to follow the designer’s
recommended prices and hope that other boutiques do
too, thus levelling the playing fi eld. Owners Lindsay and
Fiona say this discourages brides from starting price wars
between shops. But they do offer discounts at certain events
throughout the year - for example at designer weekends


  • but try to avoid discounting otherwise. “From time to
    time we are asked for discounts or price matching and we
    are aware that our brides are shopping around. In these
    situations we still keep to our stance on the price of the
    dress but may offer an incentive in the form of discounted
    accessories or similar.”
    Alison Jayne who, with her brother Andrew, owns shops


in Swansea, Mumbles, Cardiff and Bristol
feels strongly that discounting is a short-
term fi x. “It ultimately has an extremely
damaging long-term consequence on the
profi tability of a business and produces
serious cash fl ow issues for those who
persist with it. Discounting damages the
retail trade as a whole, because if it is common practice then
brides will naturally assume that products are priced with
an allowance built in.
“Manufacturers are not initially affected as they receive
their wholesale price for that gown but, over time, there is a
knock-on effect. As many retailers exceed the credit terms
that they offer on a regular basis, this puts a strain on their
profi tability and cash fl ow. It is a vicious circle which, over a
length of time, could have a disastrous effect for the bridal
industry as a whole.”
“We certainly will not discount on the price of a gown,”
says Andrew. “We may offer a complementary accessory
or alteration package as an incentive to purchase. Whilst
perceived as high value by the bride it has a low cost base to
the retailer. I feel brides now consider it the norm to request
a discount, which has been fuelled by the questionable
exclusivity agreements by some of the big suppliers.
“A considerable amount of time is spent by a bride before
she steps inside a shop. She will trawl the net, make notes
and style numbers of manufacturers’ websites, then search
out the stockists who carry that collection. If the price in
shop one is the same as in shop seven, the decision of where
to purchase will be solely based on service provided, general
environment of the store, convenience and accessibility in
her travel radius.”
The last word, as always, come from Abi Neill of Abigail’s
Collection: “Our business strategy has (and always will be)
one that chases profi tability. We’re not a discounting shop
although we will always work to a bride’s budget whether
that’s £500 or £1,500 but, whatever the sale ultimately, we
strive for maximum margin and not minimum. We’d rather
sell less at the right price than shift units with no profi t
in there. This year, we deliberately dropped a number of in-
house loyalty discount offers such as ‘Groom Goes Free’; we
haven’t lost one single sale and as a result are set to enjoy
our healthiest and most profi table year yet!
“Businesses need to consider very carefully their in-store
discounting and pricing principles; regular discounting
and chasing ‘turnover’ for turnover’s sake is, I’m afraid, the
road to ruin.” BB
Are appointment fees the way forward? Do they discourage the
‘messers’? In the next issue of Bridal Buyer we talk to stores about
the pros and cons about charging for their time.

Isabella Grace

Ellie Sanderson
Abigail’s Collection

Top:Alison and Jess
Above: Laura Daly

Above: Alison Kirk Bridal

074-075.BB.163.Discount requests.indd 75 13/06/2014 15:24

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