Home / News

Blog - News

Filter by tag:

THE EASIEST $1,000 YOU WILL MAKE ALL YEAR

 

Hoodie season is here! In this video, we cover why November is the best month for hoodies. 

Many clients get nervous offering a big ticket item. If you're not preordering hoodies, it can really handicap your cash flow if you're investing in hoodie inventory up front. To combat that, we're bringing in our friend Jason Rule of Driven Nutrition, an expert in running a successful preorder for any retail item... supplements or apparel! 

In the article below, Jason does a great overview on the benefits and tactics of running a preorder for Winter Retail, these steps will absolutely work for supplements and apparel.

Let's talk about winter retail. Traditionally, winter is a fairly slow time in the fitness, nutrition and supplement industry. Surprisingly, that’s not been the case for Driven NutritionÆ over the last five years. We've seen some of our best growth during the last two months of each year. We attribute much of that growth to the systems and tools we’ve developed to help our Affiliates generate a substantial profit. Below, I’ll share my thoughts, as well as steps you can take to perfectly position your gym for the new year rush.

CrossFitters want to get stronger, and winter is the season for gains! When people are wearing layers, they aren’t as focused on aesthetics as they are on increasing their maxes. So now is the perfect time to increase those gains by increasing calories and protein consumption. From a retail standpoint, that means now is the time to stack it high and watch it fly!

If cash is tight, the best solution we’ve seen is to launch and execute a pre-sale program. I emphasize execute because it’s not enough to simply tell members you’re doing a pre-sale. Intentionally and consistently promoting the pre-sale for seven to ten days will dramatically increase member interest and drive sales.  

There are a couple specific ways you can easily increase awareness and interest. One is to remind members at the start of each class that you have a pre-sale going on. Let them know how they can order and when the pre-sale will end. Another is to post about the pre-sale on your personal social media pages, as well as your business pages. Cross-tag your business and personal posts, cross-share them, and ask your coaches to do the same.

As the pre-sale drives up cash flow, it’s imperative that you reinvest the profit into additional inventory. Why, you ask?

  1. It provides on-hand stock for those members who miss the pre-sale.
  2. Members who were “on the fence” will see their friends taking the product and decide they want in. 
  3. It provides re-supply stock for those members who make pre-sale purchases. Most supplements and proteins are 30-day supplies.
  4. You’ll miss the sale if you don’t have inventory. People want what they want when they want it.
  5. Most importantly, you’ll be using the profit generated from sales to fill your shelves as your retail business continues to grow! You won’t have to dip into your own wallet; let your money work for you!

By focusing on supplements in November, you’re setting the stage for growth at the beginning of the new year. You’ll have time to execute at least two pre-sales, and by reinvesting the income from both of those sales back into inventory, you’ll be able to rapidly increase your inventory. This will position you perfectly for the new-year traffic explosion. When the crowd hits, you’ll have existing inventory, as well as cheerleaders and influencers already taking the supplements, which will further drive first-of-the-year sales.

Driven has shared its easy-to-follow pre-sale flow so you can successfully implement a pre-sale for whatever brand you choose to offer your members. Just click the link below, and via Messenger we’ll send you a step-by-step process to launch and execute a pre-sale.


https://m.me/drivennutrition?ref=w897459

Apparel Plan FAQ

The most impactful tool we've offered to our clients has been the Apparel Plan. It's simple. It's effective. It keeps you on track no matter how busy you get! Here is an overview of the Apparel Plan: https://foreverfierce.com/blogs/news/get-on-an-apparel-plan

Below, we answer some of our most frequently asked questions about the plan:

Is it contractual? Am I locked into this plan for the year?

Nope. Did something pop up? Did you cancel an event? No problem. We can push something back or move something up or simply skip it. 

Is it free?

Yes. 

Is this plan the same for every client? 

NO! We tailor this plan to your needs. We will give our recommendations on some great ideas that are sure to be popular with your group. Overall, you know your members best and each gym is unique with the apparel they offer throughout the year. 

How long does it take?

A 10-15 minute phone call is all it takes to have apparel planned out for the entire year. On the call, we’ll set an ideal order size, go over our best strategies, and plan out the year.

Who follows up with who?

We follow up with you. Just sit back, relax, and we’ll be in touch during the first week of the month we have something planned. 

Do I have to order something every month? 

NO! Most gyms order 3-6 times a year. We will give you our best recommendation on the ideal frequency for your gym. 

Why are you doing this?

Most gym owners mention 1 of the following issues with apparel:

You simply forget- it’s not a huge priority or you’re so busy with the gym. It’s an easy task to put off.

Nightmare scenarios- Working with inexperienced vendors in the past have traumatized you to the point of swearing off retail forever. 

An employee dropped the ball- You delegated the task to a coach who was looking to take on a new responsibility. Then, the coach decides to start up a strongman program in the middle of organizing an apparel order. When you ask about the apparel order, they tell you the strongman program is more important and no progress has been made. 

At the end of the day, apparel should be easy, fun, and straightforward. If you follow the strategies we suggest, we take the guess work, hassle, and annoying parts out of the process. We’re doing this to help keep your organized, build your brand, and give your community something to brag about. 

Ready to craft your own apparel plan? Just email us today: Matt@foreverfierce.com