The holiday season gives companies a chance to boost sales in a big way. However, having a successful sales season means taking steps beforehand to ensure your business is ready. Without careful preparation, companies can easily run out of stock or fail to attract more business. From making a strong sales plan to partnering with a fulfillment warehouse, we’ll go through the steps needed to sail through this holiday season. The following are the first two steps involved in this process.
Write Up a Solid Sales Plan
Holiday season success starts with a good sales plan. Think about which products you want to focus on, such as new products or best-selling ones, and come up with sales campaigns to generate interest on consumers. Take a look at sales trends from past holiday seasons and evaluate projections for future sales. This can help you determine what to focus on to hit or exceed your sales goals.
What should your sales plan include? Ideally, it should provide details on special deals and promotions, a list of products to focus on, and information on where to order inventory from. Consider working with a fulfillment warehouse to make sure you’ll have space to store inventory.
Create a Smart Inbounding Plan
An inbounding plan helps you figure out which items you need to order and how much of them to order. Include details on when you can expect to receive these items and where you’ll store them. If you’re working with a fulfillment company, share your inbounding plan, so they’ll know what to expect, when to expect, and how much space is needed for storage.
The right fulfillment warehouse can help you make the most of this holiday season. Please contact the experts at Medallion Fulfillment and Logistics to learn more about our fulfillment services.