The ASC Blog

Focus on Retail - You are not bonkers if you are thinking about Christmas in October... You are bonkers if you are not!

Published 08/10/2013 09:38:00

Every year Christmas stock seems to line the shelves earlier and earlier. Sure there are groans and complaints of exploitation of the holiday season, but it’s undeniable that everyone’s spirits perk up a little upon seeing the tinsel and advent calendars. So how early should retailers prepare for the festive season?

Shops experience their busiest shopping days of the year as a direct result of the Holidays, with sales in 2012 reaching £5 Billion on the final weekend before the big day. With such a high volume of transactions, can retailers’ stock, (especially smaller independent shops), keep up with the demand?

The competition for consumers becomes especially aggressive in this period; shops should plan ahead and compensate for this appetite for spending by making sure they are adequately prepared. The worst thing, for both parties involved is when at the eleventh hour, a desperate parent scavenges the aisles for a gift, only to experience that feeling of utter dread when it is sold out.

To avoid missing out on sales, retailers should forecast their finances months ahead, to ensure they have adequate supplies for the over £1 Billion spike in sales from November to December. Imports in September are expected to grow 5% from the previous year, indicating the increasing emphasis on stocking up early.

To reiterate, the best way to take advantage of the holiday season is to ensure you have a strategy to increase product exposure and visibility in place well in advance. In addition, for retailers to differentiate themselves from the crowd and procure a boost in sales, they should be ready to go the extra mile for consumers. Simple but effective promotions such as gift wrapping can significantly help.

Back to the blog

We focus on arranging finance for your business...
so you can focus on running your business

10 reasons to
work with ASC

Why ASC?

close ✖

Why ASC?

You already know that arranging business finance can be a tricky experience.

We appreciate that your time is precious. With our extensive knowledge of business finance available in today’s SME market we can approach the lending institutions that are right for your business finance needs. You will be saved from the frustration of endless form filling, repeated conversations with numerous lenders, and save you from having to provide each different lender stacks and stacks of information.

Our job is to remove the ever increasing number of hurdles that are put in your path, by arranging business finance or commercial finance for you in a time-saving and more efficient manner.

ASC have been established for over forty years and we have experienced more recessions and ups and downs in the economy then we care to remember. Due to our clear focus on independent businesses and entrepreneurs we have developed a track record which is envied by our competitors. You will deal directly with an experienced Director who has a strong commercial background and real experience enabling him or her to find the business finance which is just right for your business.

close ✖

The Ten Reasons

We work in the way which works best for you

Call Now on
020 7616 6628


Get a Quote