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19¢ Equals
Big Card Profits
Quality, consistency,
value and innovation propell Stockwell Greetings upward.
Stockwell
Greetings principal & chairman, John Fenwick, constantly
hears customers talk about the price of his company’s
full line of greeting cards. But, of course, they are not
complaining about paying just 19 cents per card for the ultra
attractive line. At a price point like that, who would? Instead,
they offer a confession rarely admitted in business
“A lot of retailers say, ‘You know, I’d gladly
pay you 50 cents apiece for these greeting cards because of what
I think of their quality,’” Fenwick said. “Yet,
we at Stockwell Greetings really like the idea of one price for
all. It doesn’t matter what the buyer decides to retail them
at in the end. If they make a lot of money at it, good for them.
We just think our one price policy is honest.”
Fenwick co-founded
the now 13 year old company, www.stockwellgreetings.com, after
he had spent a decade honing his skills in commercial art, design
and production. Co-founder and photographer, Judith Gillman,
president was equally important in the company’s launch and
rise in the card niche. In the last two years, the Fenwick & Gillman
partnership has produced a 70 percent sales growth.
“Our success is due to honesty, consistency and quality,” said
Gillman, from the firm’s 30,000 square foot headquarters
in Chicago. “People always know where they stand with us.
There’s no wheeling
and dealing.”
To be clear,
the Stockwell Greetings success story isn’t
only about the 19 cent price model. The eye catching uniqueness
of the product line itself deserves as much credit. And this may
be where the teaming of Fenwick and Gillman is most significant.
He had manned design work for greeting card manufacturers, while
she had worked the photography scene for a plethora of commercial
niches. Due to their experiences, they each have a seasoned instinct
to know what looks tasteful, as well as the common sense to understand
what will fly off the rack.
“We both have it ingrained in us that quality always sells,” Fenwick
said. “If you create something of quality, the rest of the
process will follow. Before we started, we thought there was so
much garbage on the market that we decided to print and sell our
own greeting cards. What we’ve found is that retailers not
only agree with our price, but store customers also love what they
see in our designs. We wanted to create something of top quality
that was also affordable, and we’ve been able to accomplish
our goal.”
In the beginning, back in 1993, it was not easy for upstart Stockwell
Greetings to turn prospective retail partners into instant believers.
Many questioned the credibility of the super low 19 cent price
before they became customers. However, their skepticism eventually
would be transformed into audible rings of the cash register.
“One of our biggest challenges has been educating retailers
in terms of what we are all about,” Fenwick said. “There
was a lot of mistrust about the price tag. They’d be very
suspicious of it because it was so affordable. We’d say, ‘Give
us a $50 order and you’ll see.’ So, they’d give
us the $50 order, and they’d just be amazed.”
StockwellGreetings.com
You would be hard pressed to find another manufacturer, wholesaler
or distributor who had a website up and running as early as 1995.
Without question, Stockwell Greetings was well ahead of the curve.
The firm was in tune with the vast sales and marketing potential
that a virtual catalog could have across the country and around
the world, before most people knew it was technologically possible.
At first, www.stockwellgreetings.com was simply a helpful tool
for customers to learn about the company and see its product line.
Nowadays, orders can be made directly at the website by clicking
through to www.wholesalecentral.com/stockw0001/store.cfm or via
a phone call. Site users can also read helpful hints to aid them
in selling cards in slower times like summer, and find advice on
products for all seasons.
“Online customers can find us, learn about us and reach
us 24 hours a day, seven days a week,” said Fenwick. “Thirty
percent of our orders are now placed directly through the website.
But even more tellingly, about 50 percent of our total business
is originated at the website. A lot of people do their research
at Stockwell
Greetings.com and then place a call. We get orders
from all over. It’s kind of fun. We get orders from France,
England, South America, Mexico, the Caribbean, Canada, you name
it.”
One of the many impressive features at the website involves the
ability to view cards up close. For instance, a birthday card can
be double clicked to produce what will be an 8 inch by 7 inch popup
box on most computer screens. The viewer can click a right or left
arrow to rotate the card in order to see the inside design (imagery
and copy) as well as the backside art. Once all features of the
card are seen, you can review other designs without closing the
box. You can examine a whole card line within the framework of
the pop-up.
Laura Fenwick,
John’s sister in law, director of internet
development, captains the technology behind the Stockwell
Greetings.com
ship. She’s currently working on a new self hosted storefront,
as well as a system that will greatly improve the firm’s
ability to update product. Both aspects will be put in place during
the first quarter of 2007.
“Laura is an Internet genius,” John Fenwick, said. “She’s
made the website so much more effective over the years. Laura has
made it easier for our customers to find what they want. If they
need holidays package deals bam! There they are, easy for people
to find. The navigability is better, and the security is
top notch.”
It should be
noted that free site membership is available to retail and wholesale
customers by simply signing up for a username and password. In
recent months, the two leading product lines have been the fun
and kitschy, “Humorville,” cards and the
religiously oriented, “Heavenly,” brand. The company
offers free freight for all orders over $50. Average wholesale
tickets at the site even out around $150. Once again, there’s
no strings attached to the order. It is still 19 cents per card.
“Our customers know what to expect at the time of purchase,” Fenwick
said. “Our cards are packaged by the half dozen, which breaks
down to $1.14 per box. So if you buy 100 six packs, you know it’s
$114. And we give away free freight. So there are no surprises.
We are always trying to put ourselves in the shoes of our customers.”
Who is profiting
from this great offer? Stockwell Greetings’ 4,500
customers include a wide array of shops (which are regularly kept
up to date on new arrivals via email). Specifically, urban chic
stores, card boutiques and discount outlets make up a good portion
of the
retailer demographic.
“Because of the quality, companies often sell them for around
$2.25,” Fenwick said. “The greeting card industry has
changed from what it was four years ago. Lots of retailers still
think that if they are going to retail cards for $2 to $4, they
have got to pay $1 per unit. But the Internet is helping many of
them find better deals on great products like ours.”
Creativity Drives Future
Although Stockwell Greetings currently carries approximately 2,000
different cards, the company is constantly adding fresh designs
to existing categories and creating new lines altogether. This
seemingly rigorous, ongoing process is no big deal for Fenwick
and Gillman. Making art has always been second nature to them.
“We are always designing, always creating, it’s kind
of ingrained in us,” Fenwick said. “When I was
a child, I always did artwork. My first job was at an ad agency,
and I went to a commercial art school. Sometimes people ask, ‘Where
do you get your ideas?’ I always tell them, ‘Artwork
is all around you. You just have to keep your eyes open.’”
Gillman added that being active in the creative process also serves
as an inspiration to provide the best customer care in the industry.
She said the personal investment produces a greater sense of pride
in company operations.
“It’s our own artwork. It’s all of our doing,” she
said. “To co-found a small business and watch it grow and
call it our own is gratifying. The response we get from our customers
is gratifying.”
Indeed, Stockwell
Greetings understands the needs of mom and pops stores that go
up against the Wal-Marts of the world. The smaller players need
the highest quality gift cards at the best price (19 cents) in
order to compete. Because of this reality, there’s
a buzz about Stockwell Greetings around the industry.
“Quite a bit of our marketing is word of mouth,” Fenwick
said. “But we’ve also had terrific luck in finding
independent retail customers through WholesaleCentral.com, advertising
with Sumner Communications and through
trade shows.”
When those customers place a sales call, they are served by reps
either in the Chicago office or around the country (depending on
the customer situation) who have decades of experience. Many of
the reps are former greeting card distributors who closed down
their warehouses because they wanted to join the Fenwick and Gillman
team. They are dyed in the wool greeting cards salespeople.
“We have a guy in Minnesota who has been selling greeting
cards for 40 years,” Fenwick said. “We have people
in New York who have been selling greeting cards for 20 years.
They have a large pool of experience. We have been very fortunate
with that. They offer great value to both us and our customers
because they understand the market.”
For more product information, contact:
Stockwell Greetings, Inc.
5410 West Roosevelt Road
Chicago, IL 60640
Angel: 800-701-3599
Paul: 877-886-6888
Laura: 877-313-4653
Rose: 877-416-2273
Website: www.wholesalecentral.com/stockw0001/store.cfm
or www.stockwellgreetings.com
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