3 easy ways to grow your sales in the CBD industry
The CBD industry is one of the fastest-growing in the nation. While the current market clocks in at around $500 million, that’s nothing compared to the $20 billion that it’s projected to grow to in just the next five years.
As a Koi wholesale partner, you’re already a part of this growing industry. Of course, as happy as you might be with your sales from Koi CBD products, we bet you wouldn’t mind selling even more! Let’s take a look at a few ways that you may be able to improve your sales when it comes to Koi’s CBD offerings.
Carry something new
One of the easiest ways to increase your sales with CBD products is to simply carry a wider variety of products. If you have customers buying CBD tinctures, offer them some ultra-portable gummies so that they can take their CBD anywhere. If you know they have pets, make sure they see your new display of pet CBD products. After all, if they’ve experienced positive results from hemp extract, it’s likely they’ll be interesting in helping their pets experience the same benefits.
Don’t fall into the trap of thinking that your store can only carry particular hemp products. If a hair salon carries CBD skincare topicals, it might want to branch out a little bit and have a display of tinctures. (Again, the industry is poised to grow exponentially over the next five years, so people are going to be looking for CBD everywhere.) And why not have some dog treats ready for those people who just can’t leave their pets at home?
Be informed about your products
When you have a customer asking about a CBD product you carry, the last thing you want to do is take the box from them and awkwardly try to find the answer.
The more informed you seem, the more likely that a customer is to purchase what you’re offering them. If you can point out the primary selling points of Koi’s products, you’re more likely to get a sale. So when someone asks, “Do Koi tinctures contain THC?” you’ll be able to let them know that there’s no detectable THC in any Koi product. If they ask about how people use tinctures, you can tell them that the three most common methods are sublingually (under the tongue), mixed into food, or rubbed onto the skin.
Being informed can help you guide customers about which products are best for them. If you’re ready to learn more about Koi products, we suggest starting with the Koi FAQ.
Stay in stock
This might seem simple, but it’s important to have the products in stock when customers are looking for them. We could tell you that the holidays are coming up and that you should stock up, especially since the shopping season seems to start mid-October. But the fact is, there’s always a strong shopping season for hemp products. People want to give CBD-infused lotions as gifts, but they also want to treat themselves to CBD when they feel like relaxing in January. And when winter drags on, they’re looking for self-care items to brighten their days. There’s really no time of year when people aren’t looking for hemp extract products for themselves or a friend.
Be An Even Bigger Part of the CBD Revolution!
You want to grow your business, and we want to help you. Head to your wholesale login today and grab everything you need to make your customers happy!