How to setup a subscription flower business growing a floristry business online

Looking for an easy way to grow your floristry business online?

Quick Answer: Subscription boxes! It’s no secret that interest in the subscription business model has increased dramatically over the past 5 years. It’s been labelled as a “disruptive industry” by the likes of Forbes. What is less known is that interest in the search term “subscription flowers” has increased by 400% since 2013 (with the search term “monthly flowers subscription” seeing a 350% interest growth). This isn’t surprising as the entire business model is built around making life easier for your customers. With time becoming such a precious commodity having the ability to offer your customers’ a service that is both convenient and time-saving will be a guaranteed winner (so long as you get the fundamentals right).

Here’s our quick guide on how to setup a subscription flower business…

We’ve taken a quick look into the industry and we’ve summarised a few key points you’ll need to consider when switching your local florist business to a subscription based flower delivery business model:

Despatch and delivery

This is the operational heart of any subscription flower business – fulfilment needs to be quick, storage spaced used by packaging needs to be kept to a minimum and the postal service you use needs to give value to the customer – the last thing you want is your customer having to travel 10 miles to the local depot to pick up their failed flower delivery (which by the time they get there are probably ruined). Letterbox friendly packaging for flowers is the way forward, as any other form of packaging will require the customer to be present to receive the package.  Also there’s the unboxing experience – does the packaging deliver a frustration free opening experience? Does it protect and support what’s inside, ensuring a consistent and presentable experience? Being a florist yourself, you’ll know that presentation is especially important!

Offer something unique

As a subscription flower business using a reliable postal service – your offering should already be convenient, but how do you stand out from the crowd?

You could offer added extras like:

• Timed delivery slots to further boost convenience.
• Free gifts like small scented candles, small packet of chocolates or even partner up with other businesses and offer discount vouchers.
• Add on gift tagging service.
• Care guide and free flower feed to help keep your customers’ blooms fresher for longer.
• Offer ethical credentials such as locally UK sourced flowers (low carbon footprint), eco-friendly packaging (FSC® certified and 100% recyclable), organically grown blooms, replanting service.
• Free seed packets (so they can have flowers in their garden as well as indoors).

The ways in which you can differentiate yourself from the crowd are endless and only limited by your imagination!

Pricing strategy

Offer your customers’ an incentive to save money by switching from a single flower box delivery to the subscription service. The service should also ideally be a monthly recurring service which they will need to opt out of. Will you offer a single price that includes all delivery costs or will you give the customer the opportunity to downsize and save? The one-size-fits-all approach is a limitation you may want to avoid in a subscription as customers like to have a choice, however if there’s too many options  to chose from your could end up confusion or frustrating them – remember a subscription business is all about giving convenience to the end user. Be sure to factor in all incurred costs and give yourself plenty of overhead when starting out – take a look at the competition and how they price there service and if you can’t compete on price figure out how you’ll compete on value (see above).

Conclusion

Given the above information and the boom in subscription flower delivery sector – can you really afford not change to a subscription business model? If you already have a floristry business that sells online locally and you want to scale it up and get a more consistent revenue stream with recurring customer base providing a subscription service is a no-brainer. We’ve responded to the growth in this sector with our new Printed Flowers Letterbox Mailer – now you can easily send long-stem flowers by a standard mail service (no need to sign for), ensuring that delivery is not delayed. This box has been created to fit through the vast majority of UK letterboxes (the UK standard size is 254mm/10” wide x 38mm/1.5” high). Suitable for fresh, dried or artificial flowers – this sturdy postal box enhances the customer unboxing experience with the pretty floral design printed in a subtle dusky pink on the inside.

No more missed parcel notes leading to disappointed and frustrated customers. Our Printed Flowers Letterbox Mailer is convenient, neat, easy for your clients and offers fuss-free efficiency to you.

The post How to setup a subscription flower business – growing a floristry business online appeared first on Lil Packaging.

via Blogger How to setup a subscription flower business – growing a floristry business online

How to setup a subscription flower business growing a floristry business online syndicated from https://www.lilpackaging.com/

How to setup a subscription flower business growing a floristry business online published first on https://www.lilpackaging.com/