Making stocking decisions at the start of a new year is always a complicated task, and we’re sure 2018 will be no different.
With such a wide variety of products on offer, it’s difficult to make the right decisions on the relevant stock to hold, so, by offering a bespoke range of timber products, you can provide trade customers with everything they need under one roof.
Not only will this provide you with plenty of revenue opportunities, but you can also help support your customers by saving them valuable time and money, meaning they don’t have to waste time shopping around for necessary timber products.
With statistics revealing that 43% of homeowners have carried out major works on their homes in the last five years*, it’s clear that Brits are in the market to spend on improving their homes, and this has the potential to continue to grow in the next year with the popularity of the ‘don’t move, improve’ trend.
One way merchants can maximise on this current trend is through stocking up on a range of moulding styles and designs, as many homeowners don’t think about the benefit a simple update like the addition of mouldings can make to the overall finish of their property.
The mouldings market is a particularly lucrative revenue stream for merchants looking for additional products to stock in 2018, as they are a simple and cost-effective way to create add-on sales. With such a high percentage of UK homeowners undertaking some form of work on their home, guiding installer customers to purchase a range of mouldings styles can help them to provide character and style to any room in very little time.
By choosing to stock a wide range of home improvement products in 2018, including a range of moulding styles and sizes, merchants can ensure that they are providing their customers with the most relevant products available, allowing them to maximise on the lucrative home improvement market.
Zara Prescott, Communications Executive at Richard Burbidge.