Showing posts with label Brides. Show all posts
Showing posts with label Brides. Show all posts

Friday, September 14, 2007

Newlyweds as Clients

Now is the time to start planning for targeting brides as clients. Newly-married couples -- especially those who didn't live together before -- will be receiving a lot of new items.

According to the National Mail Order Association Bridal Market Overview, research shows that while brides and grooms represent only 2.6% of all households in the United States, they account for up to 70% of major household items purchased.

ENGAGEMENT STATISTICS
  • The average engagement in the United States lasts 15 months.
  • During the engagement period, couples buy:
    • $4 billion in furniture
    • $3 billion in house wares
    • $400 million in tableware
  • $19 billion is spent buying presents at wedding gift registries.
  • The average amount spent on a bridal gown is $800.
  • Tuxedoes are typically purchased 5-6 months after the wedding gown.
  • Bridesmaids' gowns are general purchased 3-4 months in advance of the event.


Target brides with this message:
You just received a lot of new things! And for most of it, you won't have a receipt. If something happens, you won't remember everything... An inventory is peace of mind for the newly married couple. Plus, it's time to increase your insurance coverage -- but don't overpay. An accurate home inventory will ensure all of your possessions are covered.

Look into local bridal fairs. To save costs, partner with a wedding vendor (a wedding photographer, equipment and party rental supplier, reception hall, etc.) to co-sponsor a table. Offer a home inventory gift certificate (valued at up to $300) as a door prize. Sponsor a drawing, with every entrant receiving a *free* jewelry inventory (up to $50) if they book their inventory within 60 days of their wedding. Capture e-mail addresses and send them follow-up e-mails every couple of months.

These are prime prospects.
    • Newlyweds have a higher propensity for buying furniture electronics, and heavy and light appliances (vacuum cleaners, etc.)
    • Newlyweds spend $50 to $150 in ready-made draperies.
    • Engaged likely to be apartment dwellers and renters. (They will be substantially increasing the volume of their possessions as they move into their first home.)
Source: The Simmons Survey System