Subscribe to Gifts & Decorative Accessories

A Matter of Taste

Just as in food, there are regional preferences in gifts.

By Gifts & Decorative Accessories Market Research Department -- Gifts & Decorative Accessories, 11/1/2004

America is a nation with a varied palate, representing regional food preferences across the country. For instance, Southerners like their ice tea sweetened, New Englanders swear by Boston clam chowder, New Yorkers are inclined to garnish their hot dogs with sauerkraut, and Texans are convinced that their barbeque is better than anyone else's. Wondering if similar differences exist in gift preferences, we took a look at our annual Retailer Comparison Survey, "Today's Gift Retailer," to make some comparisons. (The full results of the 2003 survey are in the June and July 2004 issues of Gifts & Decorative Accessories.) Sure enough, we found a number of regional biases regarding merchandise mix, products, and price points reported by retailers who responded to the survey.

First, some similarities...

  • Nationally, 13 product categories made the most-carried list. They're on the shelves of 50 percent or more of the nation's gift and decorative accessories retailers. These include candles and candle accessories, holiday products, greeting cards, jewelry, photo frames, wall art, plush products, tabletop products, ceramics/pottery, collectibles, personal care products, gift books, and glassware/crystal.
  • Candles and candle accessories are the most stocked category in the giftware industry. More than four-fifths of retailers in every region carry them.
  • In terms of products carried, retailers in the South mirror the national average more closely than retailers in other regions.

Now, the differences.

THE NORTHEAST
  • Retailers in the Northeast are more likely to include ceramics/pottery, collectibles, wall art, and plush in their mix than retailers in other regions. They're less likely to carry tabletop and gift books.
  • Retailers stock more lines of holiday products and gourmet foods than their counterparts in other regions.
  • Of 29 product categories, retailers report nine with best-selling price points in the $20-plus range.
  • Retailers have higher best-selling price points (more than $25) for home textiles than is the case for other regions.
THE SOUTH
  • More than half of retailers carry desk and other home office accessories. (Nationally, only 27 percent carry them.)
  • Of 29 product categories, retailers report 11 with best-selling price points in the $20-plus range.
  • Permanent florals and ceramics/ pottery have higher best-selling price points in the South (more than $25) than in other regions.
THE MIDWEST

Retailers in the Midwest are the most eclectic in their product assortments. Permanent florals, fashion accents, and home textiles are in the merchandise lineup of at least half of retailers. (In other regions, these products claim shelf space in fewer than half of all stores.)

  • Of 29 product categories, retailers report seven with best-selling price points in the $20-plus range. (Fewer than any other region.)
  • 48 percent carry glassware/crystal, the lowest percentage of retailers carrying these products in all regions.
THE WEST
  • Retailers in the West narrow their product assortment more than in other regions. Among the products carried by more than half the retailers in other regions, fewer Western retailers include plush, photo frames, and jewelry in their mix.
  • 55 percent of retailers include gourmet foods in their product assortment. In comparison, only 39 percent in the Northeast carry gourmet foods, although they carry more lines.
  • Retailers that carry jewelry stock at least twice as many lines (ten lines) as retailers in other regions.
  • Of 29 product categories, retailers report 15 with best-selling price points in the $20-plus range, more than any other region.
  • The best-selling price points for memory products and glassware/crystal are more than $25. In the Northeast, the best-selling price point is under $10 for memory products. Glassware/crystal falls into the $21–$25 range in all the other regions.
  • Retailers have higher best-selling price points for writing instruments ($50), glassware/crystal ($38), and fashion accents ($35) than retailers in all other regions of the country.
 

Methodology

Gifts & Decorative Accessories Retail Comparison Survey is based on the responses of 204 gifts and decorative accessories retailers operating 232 stores. Over 90 percent of the stores are independently or family-owned. Stores have a median of 1,500 square feet of selling space. Eighteen percent have annual sales of less than $100,000. Almost a third have sales ranging between $100,000 but less than $250,000. Fewer than a quarter have sales between $250,000 and $500,000. The remaining 28 percent have sales of more than $500,000 to almost $5 million. Judi Fulbright (336-605-1092) was lead researcher for the survey conducted by Gifts & Decorative Accessories' market research department.

Talkback

We would love your feedback!

Post a comment

» VIEW ALL TALKBACK THREADS

Related Content

Related Content

 

By This Author

There are no other articles written by this author.

Reed Business Information Resource Center

Featured Company


Related Resources


Sponsored Links


 
Advertisement

More Content

  • Blogs
  • Photos

Blogs


Sorry, no blogs are active for this topic.

» VIEW ALL BLOGS RSS

Photos

Advertisements





MOST POPULAR PAGES


NEWSLETTERS
Click to sign-up now for Gifts & Decorative Accessories free newsletters

Gifts & Dec Direct
Gifts & Dec Product Wire
Furniture Today eDaily
Furniture Today eClassifieds
Bedding Today
Furniture Today Green
Home Accents Today eWeekly
Home Accents Today Product Line
Casual Living eWeekly
Kids Today eWeekly
Home Textiles Today Extra
Playthings Extra
Please read our Privacy Policy

About Us   |   Advertising Info   |   Site Map   |   Contact Us   |   Subscription   |   Industry Links   |   RSS
© 2010 Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
Use of this Web site is subject to its Terms of Use | Privacy Policy