From Home Furnishing Business
What Sells: Accentuated Style
Accent furniture is holding steady in the industry as its role becomes increasingly vital to consumer’s personal flair and style. While the category is broad and includes pieces from shelves, benches, and bar carts, to screens and the like, it continues to keep up its pace with overall furniture sales.
According to FurnitureCore (the research arm of Home Furnishings Business) data, accents have held their place with furniture sales (excluding bedding) at 5.56%. With all the emphasis of online marketing from manufacturers and online retail sites like Wayfair, it is likely that the percentage will continue to grow.
Why all the excitement around the accent furniture category? There are many perceivable factors that may contribute to this. Accent pieces are items that emphasize or complement a room’s décor. They are produced in a seemingly endless variety and are often a segue into emphasizing consumers’ personal style. Consumer tastes have become more inclined to steer away from matching groups of furniture, opting instead for eclectic pieces that create a bit of fun or personality in a room. Often these pieces do not necessarily have a utilitarian requirement, but simply serve as an addition to an existing space.
Accent pieces tend to be extremely versatile in terms of functionality and come in a range of affordable options, colors, and designs. According to ZUO’s CEO, Luis Ruesga, “Furnishings are fashion for every style and passion. Working with global trends we manufacture innovative, fashionable and affordable styles that can be enjoyed in any application.”
What does this mean to brick and mortar stores? It means opportunity. An opportunity to tack on the item that has caught their customer’s eye as they are making their purchase for a sofa, dining, or bedroom set. An opportunity to increase the average ticket of each sale. And, perhaps most importantly due the category’s versatility in both functionality and price, it means an opportunity to make a sale even when total sales are slow.