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           Seattle and the Pacific Northwest are recognized as trendsetters.  Representing only around 5% of the total U.S. market, our region sells upscale, fashion home goods at a rate way out of proportion to much larger metropolitan areas. Megatrends in the 1980’s correctly predicted that new consumer trends would originate from places like Seattle, rather than New York in the 90’s. 

Witness the espresso bar phenomenon started by Starbucks in Seattle. “Seattle style coffee bars” are now common from Manhattan to Manila. Starbucks recently announced the goal of opening 30,000 coffee stores worldwide based on the original Seattle model. We are on the leading edge of new food and fashion trends of the Pacific Rim.

Starbucks and Nordstrom know what trends started here and translated well to other regions. Faith Popcorn in The Popcorn Report wrote of the trend toward specialty stores and shopping as theater, in Clicking Popcorn refers to Seattle’s Howard Schultz of Starbucks and Bill Gates of Microsoft as marketers who “clicked” on the right trend at the right time and place.  Our Pacific Northwest culture spawned R.E.I. Co-op, Nike Town and unique independent specialty stores like Sur La Table (50 stores and growing) and Kitchen Kaboodle. Costco is the second largest warehouse club in the world and buys for 280 locations here; Fred Meyer with over 200 multi-departmental stores buys in Portland, Oregon. Norm Thompson, Harry & David (largest food mail order company), and Sur La Table operate successful mail order operations. Is Seattle really where “it’s happening”? Talk to Bill Gates on line or fly one of our 777 Boeings on United (founded in Seattle) while sipping a cup of Starbucks or jogging in your Nike shoes (jogging was invented in Eugene, Oregon by one of Nike’s founders!). Or read about it in the world’s largest book selection at Amazon.Com). Seattle’s Amazon.com is visited by over 40 million on line shoppers. The largest selection of books in a brick and mortar store is Powell’s Books in Portland, Oregon. Whatever you order on line will probably arrive by UPS, also founded here!  The prime mover of your goods is most likely a Peterbilt or Kenworth Truck, both manufactured here by Washington-based Paccar. Seattle is home to the two largest dollar volume exporters in the U.S.: Microsoft and Boeing. It is one of the largest agricultural export ports. Port of Seattle is the second largest container port in volume on the West Coast. We are home port to a growing cruise ship industry.

 Our customers can make your products succeed with lower marketing costs than in larger, more competitive regions. Our clientele has evolved from being over 80% department stores 15 years ago (when over 50% of women were still working at home and making most housewares purchases) to over 90% specialty retailers (who target the over 50% of households where both partners work outside the home).  We are growing with specialty merchants whose concepts originated here.

We have been active in the specialty coffee phenomenon from day one and in the resurgence of serious home cooking and home gardening hobbies.  We develop tie-in-merchandising ideas to benefit our customers and our principals. Starbucks Passion For Coffee a joint venture between Starbucks, Bang-Knudsen and Sunset Publishers. As the pendulum continues to swing toward specialty retailers and away from general merchandise stores we are situated well to represent your products. We are regional specialists and home goods experts with over 30 years experience; we will position your product best to fit the trends and times, the right product in the right place at the right time. We know the territory!

Demographers predict continual in-migration of mid to upper income folks to our region through the next 10 years, while California and the industrial East will see increasing de-population and urban decay.  Seattle, Portland and places like Spokane, Boise, Medford and Anchorage are the hottest growth markets in the U.S. today. 

A GOOD MATCH

Let’s discuss how your company and products can grow and benefit from a partnership with

  Please call me soon: 206-767-6970  Ext. 11

Web: www.bang-knudsen.com, email: pbang-knudsen@bang-knudsen.com

 

                Peter Bang-Knudsen