Solo Rugs dominates online
November 2024
Howdy guys, we’re back with another one for ya! Today we’re going to talk about some takeaways from High Point Market and how Solo Rugs is winning big in an unforgiving market.
High Point Fall Market 2024 Recap
Market has over 2,000 exhibitors and over 12m SF of showroom space. We spent some time down in the North Carolina sun with our customers, partners and industry friends.
Some key takeaways:
Our industry is facing drawn out and challenging demand environment
Most of the industry is flat or down year-over-year, with very few growing sales
CFOs are the CEOs, trying to get leaner on operations, looking to technology wherever they can and focused on core products
Ecommerce remains a core pillar for the most successful brands in the category
Many believe 2025 will be more positive with the election behind us and falling interest rates
Concerns over US-China tariffs impacting US market and manufacturing
Higher end brands catering to designers shows strong profitable growth
Get Early Access to Our New Product! Following High Point market we’re starting to offer exclusive early access to the new Bear platform. If you’re interested in learning more about the best publishing software ever built for furniture & home brands, book some time with me here and we’ll go through it together.
The ticker: relevant reads 🔥🔥🔥
Industry legend Jason Phillips becomes CEO at Phillips Collection
Resurrected Bed Bath & Beyond stores likely to launch first on East Coast
Customer Spotlight: Solo Rugs dominates online
We recently connected with Adam Coney, Director of Ecommerce at Solo Rugs, who's leading the charge in their remarkable online growth. Adam shared the strategies driving their success, and we’ve captured all the details in an in-depth case study. Curious to see how they’re thriving in a challenging market? Check out the full story on our website here.
Intercon built high quality listings on Wayfair: take a look at Intercon’s exceptional high-performing listings that are making waves. Partnering with CommerceBear, they’ve built an impressive product lineup, including standout pieces like the Drake Dining Bench, which boasts an impressive 4.9-star rating on Wayfair.
Want to create standout listings like this for your own brand? Check out our Content Guidebook for more.
Are you ready for BFCM? Our customers have been gearing up for Black Friday Cyber Monday which takes place at the end of November. If anyone needs help getting listings up and running quickly, talk to us immediately. We can help.
If you like what you see, join the recliner email club to stay up to date with this kind of stuff. See you soon!
Sam Vlessing
CEO, CommerceBear