Source: The Bouqs Co.
The National Retail Federation (NRF) estimated that consumers would spend $274.02 per person on 2023 Mother’s Day and 75 percent would give flowers as a gift. Predicting and delivering these perishable items is a massive challenge, one that Bouqs (pronounced BOO-Ks as in bouquets) began planning for a year in advance.
I recently spoke with Bouqs CEO Kim Tobman about how the company, named best flower delivery service by Wirecutter, prepared for the challenge.
Bouqs started planning for Mother’s Day 2023 with a debrief on its 2022 performance.
“We looked back at the numbers on what sold the most, but also for us what sold out fastest. We make sure that we capture all of that data so we can plan forward,” said Ms. Tobman.
Insights and analysis informed Bouqs merchandise strategy. It reserved inventory and shipping capacity for Mother’s Day six months in advance.
“On the floral side, we have to place our bets to get as much of the things that we know have worked well and try some new things as we see floral trends in the future,” Ms. Tolman said.
Bouqs has long-term farming and shipping partners and is careful not to be overly reliant on a single provider, to manage risk and disruptions.
Staple products like lilies, tulips and roses – in spring pallets – as well as in new bundles that combine floral arrangements with vases, candles, and chocolates sold well this year.
Marketing campaigns started four weeks out, intensified after two weeks, and changed continually.
“Certain things sold out pretty quickly, and we had to take them off shopping for Google or off of our campaigns on social. That is something that we’re optimizing pretty much daily,” she said.
Weekend-of and day-of marketing promoted online subscriptions as a gift for mom with messages like “Don’t ever forget again.” Ms. Tobman said, “Subscription sign-ups always go up during this time.”
Bouqs had three retail locations, where customers pre-ordered arrangements for delivery or store pickup. It supported stores through creative peak hiring of local floral designers and short-term refrigeration equipment rentals.
All sales require advance forecasting and coordination combined with real-time adjustments. Special attention to planning and optimization is crucial for a date-specific holiday, perishable products and a finite inventory.
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