Tuesday 31 December 2013

The last post


As a business, our sales are split between online and in store (with a few at fairs and other events). Our online sales are mostly of large items of furniture, which we deliver ourselves, for the price of our fuel expenses.
In store, at Finders Keepers, we can sell a range of furniture as well as vintage accessories.  We’ve never really got into selling the smaller items online because 1) we don’t have the time to photograph the items, edit the photos, upload the photos, write accompanying text, edit the text, wrap the item, weight the package, get to the post office (which, like banks, should really be open on Sundays and on weekday evenings)  – all for a sale of a few quid, and 2) things tend to get broken in the post.
But, while trying to make some room in the store room at RVHQ this week, we found a few items we’d taken to assorted fairs and not sold, so decided a Facebook flash sale was in order.
We priced them up to include postage and offered them on a first come, first served basis.
The reaction was great, with seven of the 12 pieces snapped up by people from all over the country.

 
Our Facebook flash sale


Thing is, when I took these pieces to the post office, I had seriously underestimated the postage costs involved.
One parcel, which contained four shot glasses and had been bought for £5 cost £2.60 to post. Fair enough.
The next box, which contained a flask and a candlestick (combined price £10) cost £8.90 to post and the largest parcel (price paid to us £13.50, contents: candlesticks) cost £12.92 to post.
Now, I asked the lady at the post office for the cheapest option – and I have to trust her to have given me that. She even told me off for not charging our customers enough postage!
But there’s the rub – would anyone have bought those items if we’d said they cost, say, £3 each, plus £8.90 postage? I don’t think so. As a customer, I’d certainly be put off.
It’s absolutely crazy that we can pay a courier less than £10 to deliver a small table anywhere in mainland UK, but to send five candlesticks by post costs £12.92!
In future, we’ll avoid sending anything by post – and when we do, we’ll use courier firms rather than Royal Mail.
The flash sale was never about making lots of money, it was about clearing out some old stock, giving our Facebook friends a bit of a bargain and raising a bit of brand awareness (yes, I realise that makes me sound like a marketing pillock). But we could easily have lost money on this, because of our underestimation of Royal Mail’s prohibitive parcel postage costs.
Do you run an online business? How do you get around these exorbitant costs?
We’d love to hear your tips/grumbles/all-out rants.

Wednesday 18 December 2013

And so this is Christmas

Christmas is a funny old time of year for us, business-wise.

Last year, when Laura was doing fewer commissions, we had a bit of a run on dining tables - presumably bought by people wanting to enjoy a family Christmas dinner at a traditional farmhouse table.

At the start of this year, we were ready and bought several unpainted tables, putting them to one side, ready to get them painted up and on sale in time for the festive rush. Except things don't always work out the way you had planned. With Laura taking on a lot more commissioned work than ever before, she just didn't have time to paint the tables (and asking me to do it would be as much use as asking a child to do it) and so they still sit in various parts of RVHQ, waiting to be rehomed.

2013 was the year when the commissions took over. Commissions are good in that they are a guaranteed sale, but the pressure of making sure you do a good job is multliplied by about a thousand – these are people's possessions – you can't mess them up (and, thankfully, Laura hasn't, yet...).

All the commissioned work for 2013 is now finished, and 2014 has a few jobs already booked in, for returning clients, both businesses and individuals, and a few new customers, too. The plan, though, is to scale back on commissioned pieces to give us more time to be creative with interesting pieces of furniture and to prepare some stock for our new sales venture for 2014 (more to come on that).

We'll also be looking at diversifying into new areas, collaborating with some of our talented chums and trying to regain some kind of work/life balance!

How was your 2013?

Friday 6 December 2013

Just checking in


I’m doing one of those ‘I’ve neglected the blog’ posts that I hate, but it’s this or nothing, so what can you do?

We’ve had a busy couple of weeks, travelling to Oxford, Kettering, Birmingham, Nottingham and Lutterworth collecting and delivering customer commissions and, in Nottingham, attending the Pretty Dandy Flea.

The Flea was really well organised, despite an unavoidable eleventh hour change of venue, and was a new type of event for us, as we continue to decide what, if any, genre of event is best for us.

The venue was Nottingham’s Creative Quarter Pop-up Shop – a brilliant initiative that we we’d love our local towns and cities to follow. Read more about it here.

Our stall at the Pretty Dandy Flea in Nottingham


While we were at The Flea, Stamford’s Christmas market was in full swing. By now we had expected to hear back from Stamford Town Council about our second complaint about their slow handling of our bid for a free stall at the event (their deadline to reply was December 29) but we are still waiting... (EDIT: They replied! Still not giving in to us - they seem to be missing the point)

On a more positive note, it was great to hear people at the Flea saying they had heard of Reloved Vintage and already Liked us on Facebook. This was in a city about an hour’s drive from our Rutland base.

Proof, if it were needed, that social networking is a brilliant free tool for marketing your small business, which is why we’re continually amazed that so many local independent shops don’t have a Facebook page or Twitter account.

One large, well-known-locally shop near us has a Facebook page that has only been updated once, and that was in 2009. Another, which sells painted furniture and is well established, has no Facebook page whatsoever.

We’d kill to have their high street locations, staffing budgets and established reputation and we think their lack of social media presence must be down to either arrogance or ignorance.

Hopefully, one day we’ll be in their position – and then we’ll have to put our money where our mouth is…