Do you ever wonder what’s in the mind of a gift card buyer? If not, you should, because as a retailer, understanding the motivation behind their purchase of gift cards will help you increase holiday gift card sales for your store. The Growth Of Gift Cards Gift card purchases have grown exponentially since they first Read More …
Your brand is everything. It’s your store’s reputation, identity, and personality, all rolled into one. With the array of outreach platforms provided by traditional advertising and social media, it’s more important than ever to ensure your message is consistent and seamless across all your marketing channels. How do you do it? Let’s look at some Read More …
You’ve taken the plunge to be open your own business and attain financial freedom. The retail business for which you are so passionate about can make your work seem like play and transform how you make your living. If you have made it this far, the hard part is over. The fact that you have reached Read More …
As a business owner, chances are you will experience the challenging and dreaded “slow” season at least once per year. When your peak sales season is over, and business becomes sluggish, use this important time to find long-term solutions that can revitalize your business. Don’t sit back and endure the slumps, but instead, use creative Read More …
The psychology and subconscious power of color is a topic that has been heavily tested and studied over the years. According to the Color Marketing Group, color plays a part in 85% of total sales. Here are a few ways you can incorporate color into your store! Snap Judgment As customers walk into a store, Read More …
In surveys with both men and women, participants admitted to making impulse, or unplanned purchases often while shopping. In fact, more than 53% of sales now come from impulse buys! Impulse sales can be captured by any type of retail store. Regardless of store type, the psychology of the impulse buy is the same: certain Read More …
Your customers are your best brand advocates and you should reward them for choosing to shop with you! If not you should be. When it comes to Loyalty Programs the possibilities are endless. Here are four ideas to start and promote a successful Loyalty Program. Points, Loyalty Cards and Rewards. Points are a very popular Read More …
Countertop Candy Display Racks Are a Sweet Source of Profit for Retailers With countertop snack and candy retail display racks, even for retailers who don’t primarily market themselves as candy stores, candy can become enormous profit makers. Getting the right candy retail displays and racks in your store will certainly make a big difference in Read More …
Showrooming: If You Can’t Beat It, Befriend It Showrooming is a relatively new foe in town for brick-and-mortar retailers. It is eating away retail sales and business profits. If you are not familiar with the term yet, it is basically a practice wherein potential shoppers visit a brick-and-mortar store, examine a product and then Read More …
Retail display aisle spacing is key to determining where different category products will be placed to how the in-store advertising material will be displayed, there is no doubt that shelf-product placement and SKUs prompt shoppers to purchase products they may never have had any intention of buying, which eventually fetches more sales for retailers. Does Read More …