Tuesday, January 21, 2014

Retail Design: Why it Matters So Much for Sales & the Success of a Business

Today’s guest blogger is Naomi Shaw, who is honored to have had the opportunity to share her insights on why retail design is so important, and what businesses can do to increase their sales. 

Retail Design: Why it Matters So Much for Sales & the Success of a Business
 Naomi Shaw
Running a business is never easy, regardless of whether you are running it solely online or in an actual storefront. But when you do have physical space for your retail business, getting customers in the door is almost always the most difficult factor of growing. Once you get the customers in the door, you’ll be making sales, right? It really all depends...
 How do you attract those customers and how do you get them interested enough to come in, especially if they’re not already familiar with your business? Let’s say, for example, you’re in the fashion industry-- what will make customers be more interested in your brand of jeans or shoes than the more well-known and reputable store across the way?
 At this point, what will make the difference between attracting customers and steering them away are your retail design skills. Does your storefront have what it takes to encourage curiosity?
 Below, you’ll find a variety of tips to help you draw more customers into your store and influence your clientele to buy from you.
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 An-eye catching sign goes further than you might think.
Image Courtesy of Wikimedia Commons

Why Does Retail Design Matter?
 When many business owners think about the design of their store, they think about efficiency. While the cost of building and maximizing space are two very important things to keep in mind, the interior of your store is just as vital to your business’s success. You can spend all your time and money on strategically-placed signs and fanciful window designs, but what will keep those customers intrigued by what you have to offer if the inside of your store is bare?
 The first impression will be the only chance you’ll have to impress potential customers and keep them coming back, so you need to consider the following:

  1. How am I going to draw customers in?
  2. How am I going to keep them interested in what I have to offer?

How Do I Make Customers Notice My Store?
 The first thing you need to do to make customers notice your store is make it abundantly clear what your business does. That means clear signage – and signage that advertises your style, as well. You might be a jeweler, but if you’re a high-end jeweler instead of a middle-of-the-road store, you need to make that clear in your aesthetic or wording.
 The next most important thing you can do is simply give customers something visual to look at – something to draw them in. Using the same jeweler example, displaying a countertop caseof wonderful watches that really catch the eye in your front window can work, as can a more abstract display.
 What doesn’t work is the old-school signage that advertises that you HAVE watches.
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 Creating an instantly recognizable aesthetic will help boost sales over time.
Image Courtesy of Wikimedia Commons

How Do I Improve My Retail Design?
 The answer to this question isn’t something that can be simple, and good retail design really depends on the type of store that you are. A store that sells cough syrup, like a convenience store, doesn’t need the same type of design as a high-end boutique clothing store.
 Still, there are some basic tips you can follow:

  • Consider what you’re selling. In short, the design should match the aesthetic and lifestyle you’re trying to put forward. Think about how the Apple store displays its products versus how a high-end department store does. They both have an aesthetic, and you can feel that as soon as you walk in.
  • Don’t overcrowd your product. That means leaving a bit of space between items on shelves and showcasing what you’re really trying to sell. Crowding makes customers want to leave your store – not buy from it. No one likes clutter, regardless of how amazing your product really is.
  • Think about product volume. If customers are coming into your store for multiple items, making things easy to find is incredibly important. However, if they’re coming in for one item, something large like a television, making sure other items are visible in the store is key to boosting sales.

In such a saturated market, which almost every market is in 2014, retail design is playing a major role in the success of every business. Unless you want to be left behind and allow your competitors and new entrants in your field pass you up, it’s time to get on board and improve your aesthetic right away.


Wednesday, January 15, 2014

Shared Blogs

HOW IKEA GOT CUSTOMERS IN NORWAY TO RECREATE ITS ENTIRE PRINT CATALOG ON INSTAGRAM


Posted by Omar Akhtar on 01.09.14 at 12:05pm

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Here's a clever marketing idea from IKEA Norway that's almost laughably simple
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The furniture retailer wanted to get pictures of its merchandise out on social media. But instead of just shoveling photos onto Facebook and Instagram, the company had a better idea. Why not just get its social media followers to do it?
In Norway, every household gets mailed an IKEA catalog, so people are pretty well-versed in the products. In order to get them talking about and sharing images of its products, IKEA encouraged its social media followers on Facebook and Instagram to snap pictures of furniture items on the pages of the catalog, and post them under the hashtag #ikeakatalogen along with the item's name. As an added incentive, every week, IKEA would give away an item to one of the posters.
The result? Within just four weeks, the campaign was able to successfully recreate IKEA's print catalog online, after every item in the catalog had been photographed and uploaded. The campaign, the brainchild of Oslo based agency SMFB, succeeded in dramatically increasing IKEA Norway's social media following and engagement, especially on Instagram, where it went from having 0 to 12,000 followers.
Here's a video about the campaign and how it was executed.

Shared Blogs About the Retail Experience

COOL SOCIAL CAFE, ZIFERBLAT

Cool Social Cafe, Ziferblat

Ziferblat, the new social café opened in London’s Shoreditch has revolutionised the environment we drink coffee. Ziferblat – meaning clock face in Russian – is London’s first pay-per-minute café.  Rather than paying for hot drinks, customers pay for the amount of time they spend there.

If you visit the Russian chain it will cost you 3p for each minute you spend there - so one hour of endless cups of tea or coffee, biscuits and Wi-Fi will cost you £1.80!

An eclectic space that is full of personality with its nostalgic record player providing a gorgeous backdrop of wistful music, the refurbished retro furniture all creating the perfect indie hang out for the hipsters of London’s Shoreditch.

This is a retail space with a community spirit, it is more than just a café, but a lifestyle and you pay to be in the space and absorb the atmosphere. The original concept grew from a social experiment. Could this be the new alternative to the global coffee chains taking over the high streets?

The café is a “social space you treat like your home”, here, you are not just a customer, but part of an exclusive club. Situated in the London hub of coolness, Shoreditch, this café is destined to be successful! Hopefully it still retains its elusive, mystical charm.

Great idea, absolutely love it!

Tuesday, January 7, 2014

The Cash wrap a.k.a point of sale

The Collins English Dictionary describes a cash wrap/POS as the place at which a sale is made. These days the cash wrap is so much more to a business. Here are just a few ways we at Corman & Associates, Inc. believe that the cash wrap/POS isn’t just a single use fixture.
The cash wrap/POS, is the place in most business’s where you make the first connection(s) with your customers. By allowing that connection to be positive, it shows your customer who you are and what you have to offer.

The cash wrap has many faces, one being the information center. A well designed cash wrap provides a place customers can approach. By making the cash wrap a comfortable height with attractive colors, the store can also post useful information to answer the common FAQ’s, that will guide them to what they need.



                                                      
               

 It is also a work space allowing employees to multi task and still be on the floor present to assist customers instead of in an office or backroom. Don’t forget, multiple work functions can be designed and built in per your unique store requirements.



So while most of us think it is just a fixture that holds a register, please don’t underestimate the impact of a cash wrap/POS. By taking advantage of its many functions, your cash wrap/POS will be the centerpiece of your customer’s positive experience.