Tampa, Fla.—Running a successful retail floor covering store is a difficult
job, however, some dealers are able to outpace their competitors, not due to
luck, but because they do things better. This message, which came directly from
Stephen Silverman, president and COO of Abbey Carpet, set the mood for the more
than 500 members who gathered for the group’s winter convention. “Working hard
is a waste of time if you are not working smart,” stressed Silverman as he
encouraged retailers to replace those products that are not working with ones
that are new and innovative, and “have a competitively priced showroom.
“Be a leader in new product introductions and displays,” he continued. “Such
as the new Abbey family of private brands in the Abbey Showcase merchandising
system which feature all new cherry wood displays. Support the programs and
products we introduce because they have been designed exclusively for you.
Advertise consistently by using the most effective medium—TV—and, be consistent
in your message.” “The programs Abbey comes up with provide us with exactly what
we need to stay two steps ahead of the competition,” explained Darryl Levy,
owner of Abbey Carpet in Miami. “It gives us exactly what we need. It’s the most
productive show I’ve ever attended.”
Some of the new product lines introduced at the convention include: Alexander
Smith hardsurfaces by Mohawk; American Showcase by Shaw; National Stone Program
by MS International; Dublin by International Wholesale Tile, as well as products
from Alloc, Armstrong, Congoleum, Beaulieu, Milliken, Wilsonart, and Midwest
Padding, to name a few. However, franchisees were “most excited” by two
programs—The Premier Stainmaster Carpet Collection and a new Abbey Credit
Program. The Premier Stainmaster Collection features Stainmaster, Master-life,
Xtralife and Tactesse styles in a variety of constructions and price points.
Four manufacturers—Beaulieu, Dixie, Gulistan and Royalty—make up the collection.
Members who participate in the program’s select options will automatically
become a Stainmaster Master Store which will entitle those dealers to extra
benefits from the brand’s owner, Invista.
“The Premier Stainmaster Collection has been very well receive here,” said
Wayne Leathers, account manager for the Stainmas ter brand. “This opportunity
affords us the chance to build better relationships with the smaller dealer and,
we have already seen the benefits. Nearly half of the group’s members are
participating and I expect that number will increase significantly.”
“Stainmaster is the most recognized brand among consumers,” added Steve
Griffith, Invista’s vice president of residential flooring. “About 95% of
consumers know the Stainmaster name so, it’s an easy sell for salespeople.”
“Aligning ourselves with the Stainmaster brand gives us the opportunity for
national exposure with a familiar name which is trusted by the consumer,”
explained Levy. “It gives us a unique, exclusive fighting chance that cannot be
shopped around. Not only will it boost sales, it will enhance our profit
margins.”
“The Stainmaster program is excellent,” noted Jim Johannes of Golden State
Floor Covering in Hesperia, Calif. He brought his wife, Debbie, along to help
who added, “All the work has been done for us, we just have to sign up. There’s
some excellent new products here and more West Coast vendors which is nice for
us. It has allowed us to build on our relationships in an intimate setting. “We
will be taking advantage of some of the new product offerings,” Johannes
continued. “We came looking for more stone and hard surface products because
they currently account for half of our business and continue to grow. And, the
Abbey Credit Program is wonderful. We have already signed up with Wells Fargo.
We feel this partnership will really increase our competitiveness.”
For years Abbey members have experienced success from the Abbey Credit
Program, however, “Our new partnership with Wells Far go Financial Retail
Services has shown enhancements that will create additional opportunities for
participating members,” explained Ted Dlugokienski, Abbey’s vice president of
finance. The credit program has been expanded to provide members with more
flexibility necessary to support an advertising campaign throughout the year as
well as an ongoing commitment for an aggressive approval rate that will exceed
the consumer’s initial purchasing requirement. With these enhancements, Abbey
Credit gives members the ability to aggressively market financing on a daily
basis as opposed to during periodic sales events.
“The opportunity this creates is huge,” said Dlugokienski. “Historically, our
financing has always driven a higher average ticket. This is the direct result
of the consumer being comfortable with purchasing more and/or better product
when she has at least a year to pay.” “We need to compete with other industries
who have large ticket items such as home furnishings and the automobile
industry,” said Silverman. “Our credit program with Wells Fargo allows our
members to do just that. It has been well received.” “We signed up with the
credit program in January and are very happy with it,” noted Brent Farrow, owner
of Abbey Carpet of Port Charlotte, Fla. “The application process is easier and
we get quicker approvals which is important because today’s consumer does not
really want to wait long.
“Abbey conventions are outstanding because they are not repetitious and we
get nice, exclusive programs such as the Stainmaster collection,” he added.
“But, we aren’t pressured into taking on the programs like other groups. We can
choose to take on part or all of the programs offered depending on what our
needs are. As Phil Gutierrez, Abbey’s chairman, says, ‘What we do is in the best
interest for you but, if you don’t feel you need it then you may choose not to
take part in a certain program.’ “We did, however, take on some new
introductions from Nourison which we had not planned on,” Farrow continued. “The
price was so good for the area rugs, we had to take advantage of it.” It wasn’t
only new products and services which drew the large crowd.
Both Jeff Lorberbaum, Mohawk Industry’s president and CEO, and Julian Saul,
president of Shaw Industries, addressed the franchisees on the state of the
industry. Both told members they expect growth for the entire industry in the
coming year and beyond. “The opportunity for growth is exceptional,” said
Lorberbaum. “Housing sales are up, consumer confidence is up and the economy is
strong.” He continued by complementing the group, “We have a true partnership
and, if you succeed, we succeed.” Saul added, “I agree with Jeff. The economy is
strengthening. I just have one tip, diversify. Don’t get stuck selling only to
the residential community. You’ll miss out on a big opportunity if you don’t get
involved in the contract business.” For additional information, call Abbey at
800/873-2223.