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Managing stock levels with flexible storage in the run up to the busiest time of the year for Cornish businesses
23/09/2019 13:17
The run up to Christmas is a time of the year that many
businesses across Cornwall are able to take advantage and make the most of. With most of us at some point heading to the
high street or clawing at our keyboard to get loved ones and friends that
prized gift, demand can often go through the roof, which means that stock
levels too could be at their highest as the busy period approaches. That’s exactly why our flexible storage
solutions are so popular with businesses across the Duchy, so let’s take a look
at some things about festive shopping you might not already know…
1. The UK spends more
than anyone else in Europe
In the UK, the average person spent £567 spent on Christmas
in 2018. That means UK shoppers spent more than any other European nation
surveyed on gifts both in terms of value and total spend: 53% of the UK’s
spending over Christmas will be on presents, compared to the 43% European
average.
2. The timeframe for
Christmas shopping is shifting
Consumers are preparing for Christmas earlier than ever
before; November is fast becoming the key month for big Christmas purchases for
UK shoppers, with more than half of Christmas spending expected to be done
before the end of November. The phenomenon of Black Friday and Cyber Monday is
thought to be largely responsible. Originating in the United States, the
four-day sales event, which starts on November 29th this year, sees
shoppers flock to the high street and online to find themselves a bargain –
often with Christmas in mind.
3. The high street
holds its own on Black Friday
Amazon — who played a big role in bringing the Black Friday
tradition to the UK — managed a 26% share of last year’s Black Friday market
and it proved to be Amazon’s busiest day of 2018. Shoppers spent more than
£7.7-billion over the Black Friday weekend both on the high street and online
in 2018 — yet more of that spending took place in shops rather than online.
4. Shops will continue
to hold their own throughout the Christmas season
Extended Christmas spending throughout December is expected
to follow the same pattern as Black Friday, with around 58% of shoppers doing
their present shopping in-store in 2018. This is largely put down to the
immediate gratification of buying something in person.
5. Toys continue to
be a huge seller
Each year Amazon picks a list of toys it expects to be the
most popular under the UK’s Christmas trees. The cheapest toy on this year’s
list is the Blume Doll priced at just £9.99, but shoppers will be shocked by
the most expensive inclusion on the list — an animatronic toy, Juno the
Elephant, which makes real elephant sounds and will cost £89.99.
With savvy shoppers extending the Christmas shopping period
out over a longer timeframe, retailers will need plenty of storage space to
keep up with demand over the winter months. The flexibility of our storage
solutions means that it’s suitable for almost every kind of business. Whether you’re
running a shop and bracing yourself for the additional footfall or needing
somewhere to store the resources for your online business, we’ve got you
covered.
If you’d like to find
out more about the flexible, central and secure solutions we can provide just
off the A30 dual carriageway near Bodmin, give us a call on 01726 890880 and
we’ll be happy to answer any questions you have.