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Lighting Retailers: How To Select The Right Decorative Lighting For Your Customer Base
23 February 2024
Searchlight Electric are a lighting wholesaler with a long history so if there is one thing we know about, it’s selling decorative lighting! With over 75 years in the business, we sell an extensive range of lighting to a variety of customers, many of whom are themselves lighting retailers, or have at least one aspect of their businesses selling lighting.
We understand that for many of our retail customers, selecting which decorative lighting to purchase wholesale can be tricky when there is such an expansive range of styles to choose from.
Choosing the correct kind of lighting for retail can make or break a business – choosing the right stock will optimise sales and keep customers coming back for more. Not having the right type of product, low availability, or even worse poor-quality products will turn buyers away.
In this article, we provide a little bit of guidance on selecting lighting stock to best fit the needs of your customers and ensure sales remain high.
Understanding Your Lighting Customer Base
The most crucial aspect of any retail business is understanding your customer base. If you don’t understand your customers, how do you know what products they want or how to anticipate what products they are also likely to like?
Defining your target audience is key to understanding them so this is where you should start – by identifying your primary, and sometimes secondary customer groups. For lighting retailers, this could be done by aesthetics – for example, is your primary audience made up of modernists who love contemporary design, innovation, and technology? Or do you have a customer base that prefers traditional design and places value on qualities such as heritage?
Defining your target audience also involves working out demographics such as their age, income bracket, lifestyle etc.
Once you understand who your target audience is, you can start to map out their needs and preferences. This can be done in a variety of ways including surveys, focus groups, and social media engagement. Or, by drawing on your experience from existing sales.
When retailing a product like lighting, it’s also important to keep ahead of trends– even the most well-defined customer group will still follow trends and by keeping an eye on upcoming fashions, you can meet your customer's expectations.
Choosing Decorative Lighting From A Wholesaler
When choosing wholesale lighting there are a few things to consider before you commit to buying hundreds of pounds worth of stock. You need to know, or at least predict how likely you are to be able to sell the products you bought. Here are some key factors to consider when selecting wholesale decorative lighting.
Matching style and functionality Consider the aesthetic and functional appeal of the products you choose and well this matches the needs and preferences of your customer base. If you’re a general lighting retailer then you would select a wide range of products to cater to different aesthetics and also stock a variety of lighting for different functions – task lighting, ceiling lights, wall lights, and maybe even outdoor lighting.
However, if your business caters to individual aesthetics, look for products from brands you’ve previously sold and similar styles. A departure from your usual style could turn customers off.
Focusing on quality and durability No matter who your customer base is, one thing they won’t want is cheap products that break easily. Even if your retail business is aimed at budget-conscious shoppers, there is still a certain quality level people expect. Cheaper products don’t necessarily mean poor quality – look for a lighting wholesaler that stocks products that cater to a range of budgets but still have an overriding pride in the quality of their products.
If your customer base has more disposable income and spends more money on interior products like lighting, then select products that are made of higher-quality materials and are more likely to appeal to your customers.
Considering the latest trends We’ve briefly mentioned this but staying on top of trends is key when selecting stock and meeting your customer's expectations. Fortunately, trends in lighting don’t tend to move as quickly as areas like clothing. Dominant styles tend to stick around for a few years whilst micro trends will pop up and disappear quite quickly.
If you want an example of a trend that has stuck around, just look at the trend for industrial or rustic-style lighting. First seen in trendy bars and restaurants, this style has become incredibly popular with homeowners and has a wide appeal.
Searchlight Electric – Welcomes Lighting Retailers
We hope you found this brief guide to selecting decorative lighting handy, if you have any questions about stock selection, please don’t hesitate to get in touch – we’d love to hear from you.
If you’re looking to select wholesale lighting for your business, then you’re in the right place. Feel free to browse our website for a massive selection of high-quality lighting styles at a range of price points. Alternatively, you can download our latest product catalogue.