There have been almost 90,000 mentions of Mystery Boxes on social media recently!
One way to help your brand stand out nowadays is to do something so unique that you set yourself ahead of the competition. Grabbing a customer’s attention is one way to ensure that your brand keeps going.
A few brands have come up with this method by following the mystery boxes trend. A customer purchases a box and has no clue what will be inside. If you follow this trend, you may be tempted to get one. But what is this trend, and why all the fuss? Keep reading to learn more!
What Are Mystery Boxes?
A mystery box is a box that a consumer purchases, where they have no clue what is inside the box. This allows your business to sell products and provide the customer with an amazing unwrapping experience. Customers can typically select a certain category or type of product, but the actual product is hidden until it is unwrapped. The excitement of opening a mystery parcel increased during the global pandemic since consumers could not visit stores and had to find alternative ways to satisfy their need for purchasing.
The design of a mystery box varies depending on the company. Some brands provide various products, while others exclusively package one or two items within a category.
Mystery Box trends greatly differ in product types. Historically, mystery boxes have concentrated on affordable yet fun products, but the practice has recently expanded to include luxury goods.
How Do Brands Benefit?
Consumers want to be surprised and delighted by their purchases more than ever. Your company’s success may be made or broken by how your products are packaged, and mystery boxes can generate a lot of excitement about your brand.
Customers can sample new and unique things they might not have otherwise bought by using mystery boxes. In addition, the surprise box craze gives businesses the chance to profit from a customer’s desire to share the unboxing experience and increases brand recognition through packaging.
Furthermore, entire brands can be built around the mystery box trend, as some companies have proved before. For example, Casual Football Shirts built a whole new concept from people receiving a mystery soccer jersey inside a box. Check out https://casualfootballshirts.co.uk/products/football-shirt-mystery-box and see what we mean.
How Exactly Does It Work?
You might wonder how mystery boxes can be a viable component of your business plan as a company looking to expand its web presence and consumer base.
Every client who purchases a mystery box should have an equal chance of winning any of the products included in the box. Additionally, safeguards must be in place to guarantee everyone has an equal opportunity to win the most coveted prize.
Companies risk losing consumer’s trust in their brand without a fair and open system.
The size of your business, the number of items that can be included in the mystery box, and the number of mystery box orders you expect will significantly impact how you build your system.
For most businesses, straightforward algorithms are the best response to these queries. However, the customer’s preference still needs to be taken into account.
Make sure that the average cost of the box itself balances the high and low-end costs of the items you choose if you want to earn money on your mystery boxes. You pay for the individual items in this case, and the customer pays for the mystery box as a whole.
You can set yourself up for reasonable earnings, depending on how you acquire your products and the price you set on each surprise box.
Growing your brand’s visibility and customer base is the most important benefit of engaging in the mystery box craze. In addition, the opportunity for financial gain on each box can make this trend lucrative.
Pros and Cons
As with everything in life, you always have pros and cons. If the pros outweigh the cons, then you know you have a successful system in place. The pros and cons of the mystery box trend can be found below.
Pros: Element of Surprise
Most of the time, it’s pure luck, but if you do your homework and locate a reliable seller that provides worthwhile mystery boxes, you can be pleasantly surprised.
Items Can Be Valuable
If something from your mystery box doesn’t appeal to you but is still valuable, you can sell it on eBay or Facebook Marketplace and recoup the costs.
All items sold are brand-new and in excellent shape. Remember, it is the seller’s reputation on the line, so you know you will receive a product of high quality. The seller might also make room for fresh new products, and you can get a valuable product for a lower price.
Cons: It’s a Gamble
The mystery box you receive can be completely worthless to you. Even if you read the reviews and find that everyone is happy with their boxes, that doesn’t mean you will be too.
Not a Necessity
You shouldn’t depend on mystery boxes to receive stuff you need. Rather, think of them as gag gifts. Even the best mystery boxes might not include what you need or want.
Customer Service May Lack
Keep in mind that retailers sell mystery boxes to get rid of surplus stock. You probably won’t be able to return a package if there is a problem with it or if you want to.
Viable Trend for Vendors
Many vendors, especially in the eCommerce space, jumped on the mystery box trend, allowing them to sell excess stock while making some profit. Sure, it isn’t as lucrative as traditional selling methods, but there are more advantages to selling mystery boxes.
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