Release Date: 31 December 2008
Release ID: 3243
WeddingFavorDiscount the leading on-line retailer of wedding favors, personalized favors, bridal shower favors, discount favors, cheap wedding favors, unique wedding favors and wedding favor ideas use trending to drive product development.
Following a round of internal steering meetings held at the head offices of leading on-line wedding favors retailer WeddingFavorDiscount, the entire product development model which previously drove this supplier of wedding favors has been revamped. Following several years successful trading, WeddingFavorDiscount have decided that they now have enough sales data to perform trend analysis, and to help them make business critical decisions over products and brands which they will stock. Having a vast wealth of historical sales data pertaining to wedding favors, personalized favors, bridal shower favors, discount favors, cheap wedding favors and unique wedding favors, this major on-line player is now equipped with the tools required to begin a process of intelligent product sourcing. Karin Koch, a spokesperson for WeddingFavorDiscount informs us that “This is a very exciting time for us; we have known for some time that certain product lines have proven more popular than others, but have lacked the raw data to make educated decisions. By capturing all sales through our ecommerce platform we are now able to perform a trend analysis as part of the initial new product development process, this will mean better wedding favor ideas for our customers”.
WeddingFavorDiscount are already one of the leading on-line sources for a whole host of ingenious and well priced wedding favors, including a newly introduced range of personalized favors such as shot glasses, champagne flutes and wine glasses, this new commitment to a more dynamic product development model seems superfluous to an already successful company. Karin Koch responds by telling us that “Although we currently stock an excellent range of wedding favors, many of which have proven to be incredibly popular, we are keen to ensure that we are in a position to shape our product catalogue in line with customer requirements, we fully believe that it would be unhealthy to rely upon our current success to carry us forward, only by retailing the types of wedding favors that people require, at the right price, will we continue to grow”.
This is an admirable move upon the part of WeddingFavorDiscount, they are already noted as being one of the best suppliers of wedding favors, personalized favors, bridal shower favors, discount favors, cheap wedding favors and unique wedding favors, and by revamping their purchasing process they are likely to attract even more customers in the coming months. Karin once again responds by saying “Indeed, we are fully aware that competition within our market place is heating up, we are prepared to do whatever it takes to maintain our best in market reputation and supply our customers with greater value”.
In these times of economic crisis it is comforting to see on-line retailers taking such a long view, obviously WeddingFavorDiscount intends to not only ride out the economic storm but continue to serve customers who are searching for that perfect wedding favor in their own, top rate style. Only time will tell if this new, dynamic way of product sourcing will reap great benefits for WeddingFavorDiscount, although it is likely that it will.
For more information http://www.weddingfavordiscount.com/
5436 Woodsman dr,
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