Nursery Industry
Nursery E-Alerts
RSS
Every Penny Counts
Published:  23 January, 2009

All families hit by job losses feel the enormous strain of financial cut backs almost immediately and some will have been under pressure for some time. It's never easy finding more than just enough money when there are more than two mouths to feed and with the rising cost of food and fuel bills, average households in the UK are looking for excellent value right now. People are getting accustomed to the idea of making ends meet and are looking for every way they can to do this.

Even though parents will always spend on new babies and children's essentials, they are more particular about what they spend that hard earned cash on. Good buys - those reliable musthave car seat and pushchair brands that have carved a niche in our British psyche, will stay strong. Names such as Britax for example, are likley to spring to mind as offering good value and reliable quality, plus a customer services programme which gives them the edge ahead of many competitors. In the present climate its the 'de lux' version of a product that will remain on the shelf, as consumers opt for the well-tried, perfectly adequate standard model. Faux fur and suede aside, 'does it do the job and is it safe for my child?', are the key criteria.

As far as pushchairs go, all-inclusive models are likley to blossom in 2009. Expensive extras such as travel bag, umbrella, parasol, raincover and so on are not featured on most families budgets. They want an efficient, lower-priced known brand name, that offers more than they expected at a reasonable cost. Graco travel systems look to excel in this tight market. As for the many hundreds of baby accessories that parents traditionally buy, it's time to minimalise the range and maximise the benefits of what you've already got. Think along the lines of 'if I could only buy one drinking cup, set of bibs, bath toy, bedding set...which would it be'.

Parents are now much more atuned to investing in products that offer an extended useful life. Choosing a product that is versatile and will 'grow with the child' means they are actually buying two or more products thus getting extra added value, so a highchair that can double as a low-chair or chair and desk, will appeal more than one that only serves one purpose. A cot that can convert into a cot bed and later a day bed might be more expensive initially but long term, it makes good financial sense. Promotions are king of this market. It's time to neotiate with suppliers and see what little benefits you can get. Can you afford to disocunt now and if so, think about tying the disocunt down with a sure sale. For example 'Half price washing powder with any set of new nappies', or 'half price toys when you spend £50 or more'. Get creative, get assertive and push those products that you know you would buy if you were in their position right now.







  • Click here to view the latest digitised issue
  • Click here to sign up to the Nursery Industry digital magazine
  • Sales Training Guide 2012

The Credit Crunch – what should the industry be doing to help you?

  • More sales support
  • Lower trade prices
  • Finance packages
  • Quicker deliveries
  • Better after-sales support

© Copyright 2012 Nursery Industry. Datateam Business Media Limited. All rights reserved.
Registered in England No: 1771113. VAT No: 834 8567 90.
Registered Office: 8-10 Dryden Street, Covent Garden, London WC2E 9NA
Webmaster