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How much does membership in
The SMART Group cost?
The monthly membership fee for retailers is just
$99 per month compared to similar groups that can
charge as much as $250 per month! Plus, there are no
exclusions and no hidden charges!
How is The SMART Group different from other
groups?
The SMART Group is more than a buying group, more
than an educational forum and more than a group that
advocates growth and change in the industry. It is a
group of like-minded business owners who believe
that only through the cooperation of all segments of
the industry can its true potential be achieved. It
does that by making decisions founded on facts and
information from a variety of sources and avoids
relying on decisions based on feelings, guesswork or
hunches.
What are the top three reasons I should join The
SMART Group?
The top three reasons you should join The SMART
Group would be to: 1. Save money on products,
services and advertising; 2. increase sales through
the use of the SMART business model which promotes
more co-branding between individual retailers and
manufacturers; and 3. improve profits through the
implementation of best business practices that have
been proven again and again worldwide in other
industries.
How would The SMART Group save me money?
The SMART Group is, in part, a buying group designed
to help members save money not only on products from
member manufacturers, but from many service
providers as well. For the typical retailer, the
cost savings on products and services is over $1,000
per month, or ten times the investment of the
monthly membership fee!
How would The SMART Group help me increase sales?
For members who are manufacturers, The SMART Group
provides free access to its vast network of
retailers. Retail members, in turn, are provided
with a free premier store listing in
Scrapbooking.com Magazine. According to the ratings
of Google, AOL and Yahoo, Scrapbooking.com is the
number one scrapbooking website in the world, with
over 3.5 million readers per year. Scrapbooking.com
Magazine’s business model drives those consumers
into the retail stores featured in its Premier Store
Listing Program.
How would The SMART Group help me increase
profits?
The SMART Group devotes much of its educational
forums to profitability. Most of today’s profit
opportunities are found in the business
relationships between retailers, distributors and
manufacturers. It has long been the position of The
SMART Group and its members that the industry’s
extremely low average turn rate is crippling
profitability and consequently the long term health
and success of the industry. The SMART business
model integrates best business practices to address
this and other problem areas that have hurt the
overall profitability of both retailers and
manufacturers.
What is required of me to make The SMART Group
effective for my business?
Like any membership-oriented organization, the
greater the participation, the greater the benefit
received. One of the biggest benefits of The SMART
Group is the opportunity to network with
“like-minded” members. It is not enough to just be
in the same industry. As an industry organization,
we must be like-minded regarding the issues,
solutions and course of action to overcome the
challenges facing the industry today. Timely
implementation of meaningful, powerful solutions is
the key to the success of the industry. Lack of
speed and timeliness in solving core issues is what
threatens our ability to achieve even greater
success! How long is the
membership period and how difficult is it to cancel?
For retailers, the membership renews either on a
monthly or annual basis. For manufacturers,
distributors, publications, and service providers,
membership renews annually. If you need to cancel
your membership all we ask is that you notify us 30
days in advance. It’s that simple!
What does The SMART Group think are the big
issues facing the industry today?
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Too much focus on new
merchandise and not enough focus on getting more
new consumers into scrapbooking stores, which
results in lower overall sales. Scrapbookers on
average stay active for seven years. Currently,
the number of scrapbookers dropping out is five
times higher than the number of newbies coming
in, which means the market is now shrinking
instead of expanding.
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Too much focus by
manufacturers on writing a big book at trade
shows and not enough focus on writing a
consistent book on a monthly basis throughout
the year. The two-tradeshow buying cycle
contributes to the industry’s dismal average
two-time turn rate, which is the number one
cause of the demise of independent retailers.
Because of this low turn rate, the average
retailer has to pay for nearly 90% of their
inventory before selling it. This business model
is not sustainable for retailers and therefore
not sustainable for manufacturers.
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Too much focus on “make and
takes” as educational classes and not enough
focus on business education designed to increase
sales and profits of both retailers and
manufacturers. The lack of ongoing business
education results in a poorly functioning
industry.
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Too much focus on the
craft-only segment of scrapbooking and not
enough focus on other market segments that could
grow the entire industry five-fold. This results
in millions of women and a handful of men who
are interested in scrapbooking as a craft, yet
are also looking for non-crafting solutions that
respect both their time and pocketbook.
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The high failure rate of
independent stores has forced more and more
manufacturers to consolidate. Manufacturers must
then deal with the mass merchandisers and huge
specialty chains, which causes the product
category to become more and more price driven
and commodity like in nature.
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The lack of focus on
co-branded advertising programs results in not
enough money being spent on creating newbies to
fuel the industry’s ongoing need for increased
revenues. Over the last few years, less and less
money has been spent on marketing to newbies,
which has contributed to an ever-shrinking
consumer base.
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The lack of focus on
in-store branding displays and signage results
in less brand awareness for both manufacturers
and retailers to the consumer. This leads to
many stores not having the look and feel
consumers want when they walk into a
scrapbooking store.
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The lack of focus on
consumer communities results in the scrapbooking
industry not being able to have any real market
penetration. For many cause-based communities
such as Autism and Alzheimer’s, scrapbooking is
not merely a hobby, but a real solution in their
everyday lives.
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Not enough focus on moving
the scrapbooking industry from a hobby mentality
to a lifestyle reality. By repositioning
scrapbooking from a hobby into a lifestyle, the
industry will be able to retain consumers for
longer than the current seven-year lifecycle.
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The lack of industry-wide
focus on the real issues is leaving the industry
rudderless, leaderless and without a clear
vision. It is for this purpose that The SMART
Group came into being--to fill the vacuum
clearly found in the industry today. Without the
concerted efforts of a dedicated group, the
industry will continue to function without a
collective vision to carry it to increased
growth and profits.
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