Yes - Both Our Retail Store and Online Store is Open!

Financial Stress During Pregnancy

Financial Stress During Pregnancy.

It’s no secret that having a baby these days can cause financial stress during pregnancy. We also know that stress during pregnancy of any kind is not a good thing. That being for mum or the baby (or dad too for that matter).

 

It’s not just the financial stress, there’s anxiety that comes along with it especially for first time parents.  Not knowing what you’re in for, what to buy and what not to.

 

At Bubs n Grubs, we are focused on how we can solve our customers problems. This is why I was on a mission to Solve Financial Stress During Pregnancy for our customers.

 

I have written in the past about the fact that every single persons needs are different. More specifically advising how to choose the right pram for your specific needs.  This is part of our focus to help reduce the statistic that mums buy 5 prams over the life of a child.

 

The logic is that if we (as a baby store) can help mums choose the right one up front, we can save parents money and Stress During Pregnancy. This is a key part of our mission at Bubs n Grubs.  But there is another problem we hadn’t yet solved, Financial Stress During Pregnancy.

 

Brainstorming the problem of Financial Stress During Pregnancy.

 

As an owner of a baby store, I recently sat down with Judy and analysed the feedback we get from customers on a daily basis. I wanted to really understand the issue in regards to the Financial Stress During Pregnancy and challenges involved.  The goal was understand the problem in detail whilst finding a creative way to come up with a solution.

 

After hours of discussing and white-boarding we can summarize that the main problem is in relation to timing. Specifically new parents having the funds to buy the right products at the right time to avoid paying higher prices or purchasing cheaper items because they missed out.

 

Let me explain…

Once the team work through the best products for a specific customer’s needs from prams through to car seats or travel systems, through to baby furniture such as cots, change tables, dressers through to breast feeding chairs, nursery items etc.  The costs do add up…

 

We can often offer special package deals when a customer is purchasing all of their items from us at once. This helps reduce the overall cost…

 

To add to the savings, we take advantage of deals with manufacturers that often are only for a week or two because the deal we have done with the manufacturer of those items is only for a short period of time and then the prices go back up.

 

The Problem.

If our customer can not purchase right then and there, they may either have to pay a higher price when they have the funds. Worse, they may have to choose another product that isn’t quite right for them because they couldn’t make the purchase at the time that it was on sale.

 

This is particularly true for Baby Furniture, Car Seats and Prams which are the 3 highest cost items.

 

We needed to find a solution to enable parents get everything they need when it is on sale and get the right products for their specific needs regardless of the cash flow situation so that parents can further increasing savings!

 

We then came up with a list of possible solutions while keeping the goal to reduce Financial Stress During Pregnancy.

 

Payment Plans.

We currently have 30 day payment plans which requires a 30 percent deposit up front and full payment within 30 days with no fees.  Whilst a lot of customers love this and use it, some customers just are not in a position to pay for all their items within a 30 day period.

 

Could we extend this Payment Plan to be longer? Yes – but then we would have to increase prices. Our low cost business model doesn’t allow us to offer credit further than 30 days at the low margins we deal with to save customers money – so this was not an ideal solution either…

 

3 or 6 month lay buys.

Is Offering a 3 or 6 Month Lay Buy and solution? Not really.  The problem with Lay Buys is that again, we  have to hold the stock in our warehouse for 3 or 6 months which pushes our costs up in terms and storage costs and the cost of money for 6 months being tied up and this would have to be passed on to the customer. Again, we would have to pass this on to the customer. This would be more expensive than extending the 30 day payment plan system we offer already. This is why lots of retailers do not offer sale prices on lay buys.

 

It is also not suitable for customer’s who are needing to purchase their items late in pregnancy and need them fairly quickly as the customer would not be able to collect the items until the lay buy is paid out within that 6 month period.

 

3 Payments of $X

I also considered offering a system of 3 payments of $x and approached paypal to come up with a solution. Ideally it needed to be online capable and in store without driving prices up. There were legal issues of that possibly becoming a lay buy and again parents could not have their baby goods until all payments were made and then there were legal issues as it technically becomes a lay buy.

 

Store Credit Cards (ie. branded Visa Cards)

Again this did not solve the problem. Immediately after the interest free period of 30 or 45 days or what ever, there is interest.  You have to pay up front annual fees and we don’t want to be part of driving up credit card debt in Australia, especially for new parents.  At the End of the Day, this would not Solve Financial Stress During Pregnancy. Or after for that matter. One good thing was customers could take their goods as if they paid for them with cash.

 

What we really needed…

We really needed an option where parents could purchase their baby goods and take them with them without paying interest just like they paid cash.

 

We needed to be able to do this without parents ending up with a huge credit card debt and interest bill. That would only increase stress more which would continue after baby was born possibly taking away from the whole beautiful experience of having a baby.

 

Finding Partners…

In the end, I went looking for solutions by working with partners. Through chats with paypal, I was introduced to a company called Zipmoney. They have tailored a solution to suit our customers needs. We can now offer what we believe is the perfect solution for Solving Financial Stress During Pregnancy.

 

Here’s the details and why it is great!

  • It involves a very simple application process that only takes minutes!
  • It can be done online. (just choose that payment option at our checkout and fill in the form. They email you back approving it within minutes. Just click on a link in that email to finalise it with your account details and it is done!
  • You pay Nothing up front at all.
  • You can have up to $1000 in credit with 3 months interest Free!
  • Or You can have up to $5000 in credit with up to 6 Months Interest Free!
  • You are able to choose how you pay to suit your lifestyle. You can set up direct debit to make weekly payments or monthly payments, what ever suits your situation!

What do you need to qualify?

  • Be over 18 Years old
  • Be an Australian Citizen or Resident
  • Earn more than $300 per week.  (Tip for mums – if you’re not going to be working through your pregnancy, put it in your partners name.)

 

With this solution from zip, although we pay a small fee to offer this service to you, we can still offer this on all of our sale prices!

  • Pay nothing up front.
  • You can take the goods (or have them delivered) just as you paid cash.
  • You pay later – up to 6 months interest Free!

Problem Solved!

This enables us to be able to help parents get everything you need when it is on sale and get the right products for their specific needs regardless of the financial situation further increasing your savings!

 

The best part is that your Financial Stress During Pregnancy will be reduced because you are not paying interest! We have resolved the issue of timing!

 

To organise up to 6 months interest free on your baby nursery gear, all you have to do is choose Zip as the payment option in our check-out and the rest is simple. Another option is that you can come into our store and our team will do it all for you in store!

 

To Access our Great Deals on Prams, Cots, Car Seats and everything you need, click the button below now.

 

If you are local to our store, you can come in and meet our professional team. They will spend time to assist you to choose the right products for your specific needs.

 

If you have questions, don’t hesitate to call our store!

 

Don’t forget, We will beat ANY Price! So if you find a better price out there in the market, let us know and I will smash it in line with our Advertised Price Guarantee!

 

Talk Soon,

 

Frank

The Best Travel Cot For Your Needs

Choosing the Best Travel Cot is important and can either make or break your experience when travelling with baby. You not only need to think about the issues when travelling on holidays but also at using it at home as well as short visits with family.   Parents often use a Travel Cot also known

Read more...

Pram Choosing Myths Busted

Buying a pram is one of the most important decisions you will have to make when having a newborn baby. You will use your pram daily. The last thing you want to be doing is fighting with your pram in a car park trying to fold or unfold it. Or putting your back out because

Read more...

Travel Pram – choosing the best

Choosing the best travel pram or stroller for your needs is probably one of the most important decisions you will make. If you get it right, then travel life as a parent will become much easier for both you and your child. On the Flip Side, you will avoid a lot of pain.   Everyone’s

Read more...

Free Car Seat Installation In Brisbane

Free Car Seat Installation In Brisbane Purchase your Car Seat or Child Restraint from Bubs n Grubs and Receive 1 x Free Car Seat Installation at our Brisbane Baby Store in Morningside.   Bubs n Grubs is a Professional Member of ACRI and have multiple trained and accredited Car Seat Installation Professionals.   It’s a

Read more...

Maxi Cosi Vs Britax Safe n Sound Comparison

Maxi Cosi Vs Britax Safe n Sound Comparison In this article, we reveal our Maxi Cosi Vs Britax Safe n Sound Comparison below.  This is in response to customers asking why we don’t sell the Britax Safe n Sound Car Seat Range. We were not paid a cent to write this article as we have

Read more...

Babyhood Doppio Twin Pram Review

The Babyhood Doppio Twin Pram Review   For growing families who want to get out and about, double strollers are a real lifesaver. Whether you’re pregnant with twins, are planning to have your children close together or already have two little ones, a double stroller is one of the best investments you can make and

Read more...

Financial Stress During Pregnancy

Financial Stress During Pregnancy. It’s no secret that having a baby these days can cause financial stress during pregnancy. We also know that stress during pregnancy of any kind is not a good thing. That being for mum or the baby (or dad too for that matter).   It’s not just the financial stress, there’s anxiety

Read more...

Better Than Bugaboo Cameleon

Better Than Bugaboo Cameleon That’s what this Owner of the Bugaboo Cameleon for their first child said in a review on our site after purchasing a completely different brand and model for their second child and using both!   I have previously written about how important it is to choose the best pram for your specific

Read more...

8 Reasons NOT to Buy A Cot with Trundle Drawer Attached

8 Reasons NOT to Buy A Cot with Trundle Drawer Attached Revealed below:   In this article, we reveal the 8 Reasons NOT to Buy A Cot with Trundle Drawer Attached. Many Baby Cots, particularly cheaper ones from online only stores and market places such as ebay are selling cots with trundle drawers attached to the

Read more...

How to Clean, Service and Maintain a Pram or Stroller

How to Clean, Service and Maintain a Pram or Stroller We are often asked How to Clean, Service and Maintain a Pram or Stroller by parents who want to look after their pram and want it to last to avoid replacing them when it could have been avoided.  Just like a car, no matter what

Read more...

Baby Prams: Choose The Best Baby Pram For Your Needs

Baby Prams: Choose The Best Baby Pram For Your Needs There are so many baby prams on the market, parents are confused and choosing the wrong one for their specific needs. Bubs n Grubs offer below a detailed guide to help new parents choose the best Baby Pram or Stroller for your specific needs.   At

Read more...

Plastic and Your Baby

Plastic and Your Baby One of the genuine commons concerns new parents worry about is plastic and your baby. Lots of items these days are made from plastic and with all of the research over the years it has become evident that it is an important subject that can not be ignored.  The good news

Read more...

What You Need When Setting Up a Baby Nursery

What You Need When Setting Up a Baby Nursery We often get asked “What do I need when setting up a Baby Nursery“. We have compiled a list of the most common items needed to get your Baby Nursery started… The last thing you want to do is get caught out when you bring baby home

Read more...

Child Safety and Practical Tips for Furniture

Child Safety and Practical Tips for Furniture Before buying your child furniture, there are several child safety and practical measures to be taken into account to ensure the safety of your child as well as the practicality of the item. This also applies to other furniture around the home that your child will come into

Read more...

Baby Checklist

Baby Checklist   This handy baby checklist may hep make things a little easier. Please ask any of our friendly staff for assistance with any of these items.   The Well Dressed Baby Singlets……  4-6 Bodysuits…  6 Bonnets……  2 Jackets/ cardigans…2 Booties…….. 2 Socks……….. 3 Mittens………. 2 Baby wraps…4-6 Shawl…. …….1 Formal Outfits …1 Soft leather

Read more...

Childproofing your home

Childproofing your home Childproofing your home can be a big task, so we’ve provided these easy-to-read home safety tips. We’ve listed necessary information for helping safeguard against hidden hazards in different rooms. Our room-by-room reference guide helps you to keep what’s most important to you safe – your children.   Childproofing The Kitchen There are

Read more...

Isofix Car Seats – Everything you need to know

ISOGO is an ISOFIX compatible system for Maxi-Cosi child restraints.   As experts in child mobility, Dorel is an international leader in the production and testing of products featuring ISOFIX compatibility. Dorel’s ISOGO is a simple and user friendly latch system that enables parents and care givers to safely connect their Maxi-Cosi child restraints to their vehicle’s

Read more...

Baby Car Seats and Side Impact Protection

In Australia Baby Car Seats are mandatory, but not all baby car seats are even!   I don’t know any parent who likes to think about the possibility of having a car accident. At the same time you want to do all you can to protect your child in any situation that requires it.   Side-impact collisions

Read more...

Baby Swings That Help Babies Sleep

Baby Swings That Help Babies Sleep   Baby Swings can be the most effective sleeping aid for a baby having difficulties sleeping as long as the right type is chosen for your specific needs. Bubs n Grubs continually has lots of people asking if they actually need a baby swing. Inevitably, you will need to rock your baby, in

Read more...

Choosing The Right Maternity Wear

Choosing The Right Maternity Wear   Bubs n Grubs know too well that one of the most frustrating issues for pregnant mums is the subject of Maternity wear.  First of all, there is not much of a selection of maternity wear on the market in Australia that is flattering.  Secondly, sizing is confusing. In this article

Read more...

Choosing Cots | Beware

Choosing Cots – Updated 18/01/2020   Babies spend a great deal of time sleeping in their cots. This is perhaps the only place that they spend time where they are not constantly monitored. Even with a good Quality baby monitor, the baby cot must be a very safe haven for your baby.   This still

Read more...

How to Choose a High Chair

How to Choose a High Chair   When looking for a suitable High Chair for your child it can be confusing to say the least! Most new parents find it comforting and soothing to nurse their newborn in their arms for the first few months at least. However, when your baby hits the 4-8 months

Read more...

Breast Feeding Chairs – Why?

Breast Feeding Chairs – Why?   I was working on our shop floor on the week end and realised that a lot of parents (particularly first timers) were asking one simple question when discussing breast feeding chairs.   Why do I actually need a Glider Chair / Breast Feeding Chair?   There are so many

Read more...