UPDATES: August 27, 2019: Weekly Updates from Stampin' Up!
August 27, 2019
Announcing the Launch of the New DBWS
We’re excited to announce the launch of our new Demonstrator Business Web Services (DBWS) on September 10, 2019 beginning at 10:00 PM (MT). Please note that it may take up to 24 hours for sites in all available markets to display in the new format.
We will launch the new app during the week of September 23, 2019. This app will be available to all current DBWS subscribers at no additional charge.
All subscribers should have received an email with additional information about the switchover. If you didn’t, please contact Demonstrator Support at 1 800 STAMP UP or firstname.lastname@example.org.
We wanted to say thank you to the hundreds of you that applied for the 2020 Artisan Design Team. We had so many talented stampers from around the world to include in our voting process. It was challenging to narrow down the list!
While we won’t reveal who is on the team until OnStage, we did want to let you know that the new team members have been notified. We hope you’re planning to celebrate the new team with us when their names are announced at OnStage in November!
Thank you for your participation!
System Maintenance (August 31)
We wanted to remind you that whenever we need to make an update to our systems or servers we do so on Saturdays between 6:00 AM and 8:00 AM (MT). While you typically won’t notice any difference on our websites during these times, it’s possible that you might experience delays or might not be able to place orders while we make updates. We’ve chosen this time because it’s consistently the lowest usage time across all of our markets.
Social Media for Beginners
Do you want to incorporate social media into your business but you’re not sure where to start? Join us for an upcoming webinar series, “Social Media for Beginners.” During these webinars, you’ll learn the basics of social media and how to get started. These classes are especially for demonstrators who have never used social media platforms before.
We invite you to join us for our next webinar in the series.
NOTE: Due to limited space, we kindly ask you not to register if there is any doubt that you can join at this time.
If you can’t make it to the live webinar, don’t worry, we’ll also share them in the social media section of Stampin’ University at a later date (English-only with translated captions).
Paper Pumpkin Email Newsletter Reminders
To help you better serve your customers, the Paper Pumpkin team will now post a monthly reminder in Weekly Updates the day before our monthly e-newsletter goes out to subscribers. This newsletter contains great information about the latest kit and includes an instructional video, a link to alternate projects, coordinating products, and upcoming kit sneaks. Check it out here (US | CA), then be sure to remind your subscribers to check their email tomorrow for the latest Paper Pumpkin news!
CSV and Payout Factor Changes—Effective October 1, 2019
The CSV and payout factors are based on multiple criteria including prices, shipping, taxes, exchange rates, fair market value for products, cost of doing business in each country, etc. Because all of these criteria fluctuate, we review the CSV and payout factors annually. Below are the updated CSV and payout factors that will take effect October 1, 2019. We will update the CSV and Payout Factor document under Business Resources>Compensation Plan with these new factors by October 1, 2019. That document also contains a Q & A explaining more about these factors and how each of them is used. You can also learn more about them in the Compensation Plan document available on the same web page.
Adjustments to Awards & Recognition for 2019–2020 Stampin’ Up! Year
We are making a few changes to award calculations and recognition counts for the Stampin’ Up! year that runs from 1 October 2019 to 30 September 2020. You will see the results of these changes for the recognition that will happen in November 2020. These changes will not affect recognition this November. We will post the updated Compensation Plan document on the demonstrator website on 1 October 2019, when these changes take effect.
Time is running out for new demonstrators to take advantage of the Extra, Extra! Recruiting Promotion! If you know someone who has been thinking about becoming a Stampin’ Up! demonstrator, make sure they know now is the perfect time to get a smart start to their new business. Tell them to hurry though, because this promotion ends August 31.
The final batch of Stampin’ Trimmer Cutting Blades (item 126995) will be available today, August 27, at 10:00 AM (MT), and when they sell out, they will be gone for good. We will post a current update when they sell out.
And remember, we will have a new paper trimmer available for demonstrators to purchase before the end of 2019.
Last Week to Redeem Bonus Days Coupons
You and your customers have until August 31 to redeem the Bonus Days coupon codes you earned in July. Do you have customers who aren’t sure what they should buy with their coupons? Encourage them to use their coupon codes to get all the great products they want from the 2019-2020 annual catalog!
Learn more about redeeming Bonus Days coupon codes here.
Changes to Inventory Status Report
As mentioned in a previous current update, we know product availability can be a pain point when running your business, and we’ve been evaluating our product development cycle and how we determine initial order quantities and follow-up order quantities. In addition to offering nine guaranteed items for the 2019 holiday catalog, we will also be making some changes to the way other items are handled in the Inventory Status Report (ISR).
Backorder Thresholds and ISR Automation
Currently, we evaluate items on a case-by-case basis to determine whether to make an item Not Orderable. Starting on September 4, we will begin automating this process and using backorder inventory thresholds that will move items to Not Orderable status in real time. (When an item reaches its backorder limit, it will automatically move to Not Orderable status.) The backorder threshold for North America will be 2,000 units. With this change, items in the ISR will be updated more frequently, which will provide you with more up-to-date inventory status reports. This automation also means we will no longer use current updates to inform demonstrators that an item will be going on Not Orderable status. In order to get your orders in before an item goes into Not Orderable status, we recommend that you review the ISR for items in Low Inventory and Backorder status.
Because costs incurred by backorders can be in the tens and even hundreds of thousands of dollars, we occasionally must make the decision to temporarily turn off an item number rather than permit backorders to accrue. While we realize this can be inconvenient, putting a product in Not Orderable status while we wait for the stock to replenish allows us to keep costs down. Based on our historical data, we do not anticipate having more than a handful of products in Not Orderable status at one time.
By automatically moving items to Not Orderable status, we hope to gain more control over our inventory levels and better manage the unknown demands of each item. We also hope to help you identify items that have a high risk of moving to Not Orderable status, so you and your customers are better informed on when—and when not—to purchase your desired items. (Please note: Because of unknown item demands, our new backorder thresholds may or may not provide enough time to make a purchasing decision. You may have a minute. You may have hours. You may have days. This is just one of the inherent risks with supply and demand.)
Plans for the Present and Future
On September 4, items that have exceeded the new backorder threshold will move to Not Orderable. (See the 2019 Holiday Catalog Product Availability Q&Afor exceptions.) We will monitor this new process to determine the effect on our business, and yours, over the coming months and may adjust the backorder limits. We will keep you informed and update you on the status of the ISR.
We’re always trying to better our best, and we hope you’ll understand our desire to try something new that has the potential to make a big difference in your business and ours.
Designer Series Paper Sale Starting September 4!
We all love gorgeous Designer Series Paper, and your customers are no different. By popular demand, we are bringing back the Designer Series Paper Sale! During September 4–30, you and your customers can buy three packages of select Designer Series Paper, and get one FREE! Visit the Designer Series Paper Sale page for more information.
It’s Almost Time for the New Holiday Catalog!
The holiday catalog customer sales period is quickly approaching. If you haven’t already, take advantage of this time to get ready for your holiday catalog events and parties!
Review the Catalog Details page for important dates and reminders. While there, check out how to order single catalogs beginning September 4.
This Week’s Succeed Weekly
If you missed it in your inbox, take a look at this week’s Succeed Weekly email here!