New collections, designs drive success of greeting cards category
To paraphrase Mark Twain, the rumors of the death of the greeting cards category at retail have been greatly exaggerated.
To the contrary, greeting cards and the overall social expression segment continues to thrive at mass retail, helped by the desire of many consumers to, at least temporarily, push digital technology aside in favor of some old-fashioned written communication. In fact, industry sources said that more than six billion greeting cards are sold annually in the United States.
The result is a continued effort by retailers and suppliers to offer their customers a wide range of products, both seasonally and throughout the year. By doing so, the industry hopes that consumers will continue to flock to retail stores for their social expression needs, helping retailers make more money from the category and giving merchants the opportunity to use the category as a magnet to attract these shoppers.
New products, many said, are the lifeblood of the category, and several leading suppliers continue to place a huge emphasis on product introductions to entice consumers to buy more merchandise. “It is absolutely shocking the amount of money these companies spend to get new products on the shelf in a consistent manner,” said one greeting card buyer for a major East Coast supermarket chain. “They realize that innovation is the secret sauce to their short- and long-term success, and they must keep the lights going in research and development.”
Here is a look at what some of the leading greeting card publishers are offering to kick off the new decade.