COLONIAL LLC DRESSES BEDS TO IMPROVE SALES - SLEEP RETAILERS' MAGAZINE
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SLEEP RETAILERS’ MAGAZINE www.bedroomretailers.com Spring 2013 GREEN CERTIFICATION MATTRESSES DRIVEN BY SCIENCE Q&A: SELLING PACKAGE W FORMAT NE COLONIAL LLC DRESSES BEDS TO IMPROVE SALES
IN THIS ISSUE HIGH POINT MARKET GUIDE SEE PAGE 13 8 COVER STORY Colonial LLC Dresses Beds to Improve Sales DEPARTMENTS 6 Editors’ Picks 26 Features from the Editors 12 Marketing Update 26 Mattresses Driven by Science 12 WorldBed Studio Enters Market 28 Materials Update with ComfortTop Mattress Line and 28 Hickory Springs Introduces New ProACT Person-For-Person Donations Innerspring and Preserve Hi Flo Foam 14 Carolina Mattress Guild and “Going Green” 30 Guest Column 16 Kingsdown’s Sleep to Live Institute Unveils New Website to Educate Consumers and 30 Michael J. Breus, PhD RSAs on Sleep Research & Science 32 Accessories Update 17 Comfort Solutions Releases Retailer Video 32 Naturepedic Breaks New Ground with About New Flare Mattress Advance Organic Adjustable Bed 18 Features from the Editors 33 Gold Bond to Feature Its Burgeoning Futon 18 The Certification Process Line at High Point 14 20 Pure LatexBliss Introduces World’s Best 20 Mattress Update Adjustable Foundation 20 Simmons Steps into 2013 with Changes 34 FXI Introduces Eco-Friendly BIOS Sleep and Success System Toppers 22 Kluft’s New Collection Puts Luxury Mattresses Within Reach 36 Features from the Editors Jamison Brings English Garden Beds to 36 Q&A: Selling Package American Market 38 Back Page from the Publisher 24 Naturepedic Introduces Essentials Organic Luxury Mattresses 26 28 25 Gold Bond Rounds Out Mattress Lineup with New “Classic Collection” ADVERTISERS Fabrictech International 15 www.fabrictech.com Pure LatexBLISS 3 www.latexbliss.com Spring Air International BC www.spingair.com Blu Sleep Products 37 800.785.8563 404.260.7421 617.884.2300 www.blusleepproducts.com IHFC M528 Jamison Bedding 29 Sustainable Furniture Council 21 866.973.7614 www.jamisonbedding.com Shifman Mattress Company 38 www.sustainablefurnishing.org Boyd Specialty Sleep 23 615.794.1883 www.shifmanmattress.com 919.967.1137 www.boydspecialtysleep.com IHFC M531 888.744.3626 World Market Center (LV) 5 314.997.5222 310 N. Hamilton Suite 301 Kingsdown, Inc IBC www.lasvegasmarket.com Chili Technology 25 www.kingsdown.com Sleep Innovations Inc 31 702.599.9621 www.chilitechnology.com 800.354.5464 www.sleepinnovations.com World Market Center (HP) 35 877.235.6271 888.999.0499 Leggett & Platt 19 www.highpointmarket.org Colonial LLC 7 www.leggett.com South Bay International IFC 800.874.6492 www.colonialllc.com 800.888.4569 www.southbayinternational.com 336.862.7380 IHFC C603 800.723.0316 4 BEDROOM Spring 2013
cover STORY COLONIAL LLC DRESSES BEDS TO IMPROVE SALES “We want to know, what’s not working for you?” This, in essence, is the key question Colonial, LLC, a display and branding company, regularly asks the companies it serves. By Christopher Schriever Since 1982, Colonial has been working directly with cli- “We want to know what our clients’ branding, marketing ents to solve these problems, raise brand awareness, elevate and distribution problems are: whether it’s RSAs having a potential buyers’ perceptions about the value of their prod- tough time keeping up with changing product specifica- ucts, and find other ways to help both manufacturers and tions, a shortage of or ineffective floor displays or simply retailers increase their sales. having trouble getting its brands to stand out from all the The High Point, North Carolina-based company does this others,” explains Colonial’s president, Mark Hobson. “Any in several ways. One way is to survey its clients to identify one of these areas can result in significant lost sales and weaknesses in three key areas: design strategy and brand lower profits.” positioning, and sales effectiveness and revenue drivers, www.bedroomretailers.com 9
cover STORY plays (which can include flaps and pockets for price cards, information sheets and more that provide RSAs and consumers with sales infor- mation) reach retail outlets simultaneously with the floor samples. Hobson points out that Colonial’s approach is unique in that it also conducts expert marketing research to help understand what causes consumers to decide which bed is right for them. For example, a recent, ground-break- ing consumer-reaction study it commissioned revealed that an attractively dressed bed is far more likely to appeal to consumers than an unadorned one and also increases their per- ceptions of its retail price. For example, the study showed that many consumers found one bed, dressed with pillows and a foot protector 42% more appealing and of 59% higher quality than the same bed, undressed. As a result, if they are pleasantly surprised to learn that the followed by cost efficiencies and ROI. The bed’s cost is less than they had expected, they Colonial’s experts work survey is designed to assess a broad array are far more likely to buy. The study also in- with each client to of key activities, ranging from whether a manufacturer is providing stores with dicated which variations of pillow design and fabric colors tend to increase these positive design an effective marketing materials that appeal to customers to whether RSAs have enough easy-to-absorb perceptions even more. But the survey also revealed that some styles, designs and color branding strategy and information to explain to consumers the selections could actually make a dressed bed merits of the mattresses on display. The look less appealing than even a bare one. In produce appropriate questions are also designed to evaluate a other words, beauty (and appeal) is most cer- manufacturer’s ability to track marketing tainly in the eye of the beholder! “These find- display accessories... costs and the effectiveness of the display ings give credence to one key company phi- materials it provides to retailers. Together, losophy: that consumers decide to buy things to make the display the answers to these strategic questions that trigger an emotional response before they models eye-catching guide Colonial’s assessment of how it could help a manufacturer grow by selling more justify their decision intellectually,” Hobson points out. “Consumers equate an attractively and attractive at retail. mattresses at retail. After the initial meeting, Colonial’s experts accessorized bed with elevated quality and ap- peal and that equates to more value.” work with each client to design an effective He adds, “Our understanding of the mat- branding strategy and produce appropriate tress industry, and what influences custom- display accessories, such as pillows, shams, ers’ buying decisions, along with more than foot protectors and headboards, to make the 25 years of experience in helping mattress display models eye-catching and attractive at manufacturers create compelling branding retail. And, the company prides itself on being and sales presentations makes Colonial the agile and versatile enough to serve its clients’ leader in our category. We don’t just offer needs efficiently. Colonial is set up to conduct our clients attractive display options. We each step required to provide the display ma- also help solve problems that may be hurt- terials—designing, manufacturing, packaging ing their brand recognition while delivering and distribution—in-house. This ensures that profitable, sales-building solutions.” its entire array of Top of Bed products and dis- Visit www.colonialllc.com. ✤ 10 BEDROOM Spring 2013
cover STORY COLONIAL’S EXECUTIVE TEAM REFLECTS AND EXTENDS ITS MOST IMPORTANT ASSET: EXPERIENCE Since its establishment as a family-owned-and-operated company in 1982, Colonial Colonial’s record of has become the leading provider of and innovator for display and branding products in the mattress industry. Today, the company employs more than 300 sewers, manufac- success has helped it to tures products in multiple factories in the United States and offshore, and operates up to three shifts daily to ensure it has the capacity to meet growing client demands. both develop and recruit The company prides itself on its simple, direct, approach to meet its clients’ needs: top-level managers with Its experts hold detailed, one-on-one conversations to understand each mattress manu- facturer’s or retailer’s unique challenges, discover their objectives and help them to extensive experience in develop effective marketing and branding solutions. the industry. Colonial’s record of success has helped it to both develop and recruit top-level manag- ers with extensive experience in the industry. Mark Hobson, who became the company’s president in January, after joining the company at the start of 2011, previously worked for Sealy, filling a variety of senior sales and marketing roles for more than 25 years. Also in January, Wes Keever, formerly vice president of sales, was promoted to execu- tive vice president of sales while Jimmy Keever, who had been vice president of marketing, was promoted to chief operating officer. Both are new positions, as is Hobson’s. “As integral participants in Colonial’s growth and expansion in the industry for many years, Wes and Jimmy have acquired an enormous amount of knowledge and experi- ence across all aspects of this unique and growing business,” Hobson explains. “Their new roles will allow us to make the most of their skills and talents and are an example of the resource investments Colonial is making to identify and solve our clients’ display and branding challenges and, thereby, help them to sell more mattresses.” www.bedroomretailers.com 11
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