Bouquets of Flowers As a Substitute for Hugs
According to online florist, Bloom & Wild business is booming thanks to an increase in Brittons are sending bouquets of flowers as “substitute hugs” to friends and family during the pandemic.
Best known for its flatpack bouquets which can fit through a letterbox, this innovative florist is challenging Interflora as the UK’s biggest florist after doubling its sales as Covid changed the way Britain bought flowers.
When demand for floral deliveries spiked in the first lockdown when high street stores closed but has continued at twice its previous level even in periods without restrictions, said Bloom & Wild’s co-founder Aron Gelbard.
Last year Mother’s Day was a runaway success, with the company delivering more flowers in one week than it had in the first three years put together.
Morrisons doubled in-store flower stalls to meet demand, with people unable to visit each other, flowers have been “somewhat of a substitute for a hug”, said Gelbard.
The former management consultant believes his firm has created a new market with its letterbox flowers as customers, mainly women, send tokens to each other.
They are “less of a grand gesture”, Gelbard said of the packets, which start at £23 and are also carry plants such as orchids and succulents.
“As a result, we don’t just see orders for special occasions like Christmas, Valentine’s Day and Mother’s Day – the big traditional peaks in our industry. We see a lot of people sending flowers to say ‘thank you’ or ‘just because’.”
Bloom & Wild has logged 780,000 of these “just because” orders over the past year. It uses software to scan messages that accompany deliveries in an anonymized way and picked up the word “brighten” 162,000 times. There is also a big trend of people buying for themselves to cheer up their desk at home.
The online retailer said its sales will finish “substantially north” of £100m in the year to 31 March and forecast a “significant” profit for the period – a first for the eight-year-old business, which made a £2.2m loss in 2020.
The growth of the London-based company has been rapid; two years ago sales were circa £30m. The pandemic has led to a surge in online shopping with investors keen to back businesses that could benefit from a long-term tilt to the web.
Bloom & Wild recently pulled in £75m from new investors in a fundraising that brings the total raised to almost £100m.
The cash is being used to fund further expansion in mainland Europe. Brexit has not caused any setbacks for the company which has a warehouse in Dortmund in Germany. It is already despatching orders there, as well as in France and Ireland.
Source: The Guardian
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