Getting on & Getting prepared. A True Business Story by Trae Bodge, Founder Three Custom Color Specialists

Share


We're thrilled to announce that member Trae Bodge of Three Custom Color Specialists is on her way to QVC this month!  Stay tuned, and read on to find out how Trae made the leap to QVC (and all the behind the scenes "need to know" stories) in her own words:
 
These days, with traditional retail struggling like it is, many entrepreneurs are looking for more effective ways to reach the consumer.  I think a lot of us are having success with social marketing and marketing directly from our proprietary websites, but the challenge is effectively building your client base so people are actually reading the blogs and tweats you write and signing up for your e-mail blasts that you design.
So, how to reach new consumers in large numbers? 

Television sales networks, like QVC, continue to have high viewership and sales despite the economic downturn.   Sales have dipped a bit, but they are not feeling the economic crunch like many department stores and boutiques.  And the cost to do business with them can be much lower than traditional retail and can require less staff.  The downside is that in many categories, QVC is pure consignment, so if you can actually get on the network and don’t do well during your sell, all your meticulously packaged product comes sailing right back to you. 
Worth the risk?  It can be.  

Ten years ago, QVC may not have been the ideal place for a makeup artist brand like ours, but over the years, QVC has really come into its own especially in beauty, featuring high-end brands like Prescriptives, YSL, Smashbox and Clinique and others (some of which have been resurrected from a slow death and are once again at the top of their game due to their QVC business). 

My partners and have been watching the progression of QVC and became interested in approaching them a couple years ago.  We were hesitant because we knew how competitive it was, so we wanted to wait for the right moment.   

So how to get on?

Getting a meeting with a buyer at QVC is no easy task.  They are bombarded with pitches so we chose to work with a Brand Strategist  who was familiar with the inner workings of QVC and had a track record with bringing other brands like ours to the network.   The buyers are very busy so even though the beauty buyer knew our brand strategist and had worked with her before, it took a couple months to secure a meeting for us – I say this merely to let you know that patience, in the case of QVC, is a virtue.

For our pitch meeting, my specialist created a Powerpoint presentation and we spent time together strategizing what products to show and the best way to introduce our brand to the buyer. 

At the pitch meeting, we were fortunate enough to have a very enthusiastic reception from the buyer, but you should also expect the buyer to be more neutral.  They might need time to consider if you and your product are appropriate for the network.  Enthusiastic reception or not, it can then take a couple of months to get a concrete answer.  If it’s a go, then you - or your brand strategist - have a lot of work to do (after you have a drink to celebrate!). 

There is literally tons of paperwork to be filled out, you need to pass your product(s) through Quality Assurance, get your on-air claims approved, have any required product testing done (in our case, dermatological), select models, prepare host gifts…and the list goes on. 

There are also classes that need to be taken.  The Quality Assurance class is taken by the person who handles the logistical matters for your brand, and the Guest Excellence class is taken by the person you have chosen to represent your brand on-air (in this case, me).   You will do mock “sells” with a host during your class and are given a DVD of your sell to study afterwards. 

*Note – the Guest Excellence must be passed.  Every person who goes on air must be approved by QVC to do so. 

The buyer will place your Purchase Order and secure your air date.  You can then prepare the order yourself or work with one of several companies who can do it for you for a fee. 

Then it’s time to construct your “sell”.  The brand strategist and I studied the DVD from my Guest Excellence class, prepared the sell and did mock timed run-throughs.  One week before our airdate, we worked with our QVC “mentor” to fine tune.  You have a very short time to be effective on air, so practice, practice, practice!

We go on air on Tuesday, August 18 during the Beauty Newsmakers show.  The show is from 8-11 and we will be on during the last hour.  Wish us luck!

Category: 

Comments

Thanks! Our segment went fairly well, which was fortunate for me because I was mind-numbingly nervous. We had a lot of competition that night with another brand with a similar looking product, so our sales were not as strong as we would have liked, but, the good news is that we were invited back! I'll be going on again Sept. 15 between 10-11. Fingers crossed!