Your first thought when it comes to using psychology to increase sales and revenue might be of painting the roses red, so to speak. The human brain is attracted to certain colors more than others, and this could be used as a means to bring in business and drive sales. There’s an easier way to Read More …
(Click the ▶ play button above to listen to “How to Make Your Business Stand Out with Retail Displays” Podcast by Specialty Store Services) How can you remain competitive as an established or a new business, how can you bring in new customers and achieve success? Attractive retail displays are a big part of the equation, and there Read More …
You might look at competitor trade show booths and think to yourself that you could easily do it better, but when you really start to consider all the details that go into creating a display for conventions and trade shows, you might be singing a different tune. Here are the basics of prepping for upcoming Read More …
The market for luxury goods in the U.S. may grow slowly, but it still leads the world as an estimated $85 billion industry, and growth is relatively steady (roughly 5% annually), thanks to a growing economy and international tourism. Plus, the forecast for luxury goods is extremely positive, with an estimated growth of more than Read More …
If your retail space is at a premium—whether you have a ton of products to display, a tiny space to work with, or both—you need solutions that allow you to showcase your wares to optimal effect and make the most of available space, including on the floor, as well as on the walls and overhead. Read More …
Serving the public means you naturally want to impress customers from the moment they walk in the door (or even earlier, with storefront displays, signage, and more). You have to be careful, however, about hitting shoppers or clients with a hard sell or your best products right when they enter, because it takes time for Read More …
There are currently 33 states where medical marijuana is legal, and it is now legal for adults age 21+ to use marijuana recreationally in 10 states and Washington, D.C. This is opening new doors for entrepreneurs interested in launching retail dispensaries. Of course, there’s a lot more to selling CBD, marijuana, and related goods than Read More …
There’s something to be said for the franchise mindset, whereby every store looks the same so that consumers encounter consistent layout and design no matter where they shop. This also helps brands to create an image that resonates with their customers. On the other hand, you also want to stand out as a retailer. You Read More …
You may have heard the adage “giving is getting” or “giving is receiving.” As a retail business owner, you might not put much stock into this concept. After all, you’re a for-profit business entity. If you gave stuff away, you wouldn’t be in business long. Yet, when it comes to partnering with and supporting charitable Read More …
Going into the busy holiday shopping season, most retail business owners have all kinds of plans for promotions intended to make the most of this consumer smorgasbord. Although nearly everyone is out shopping for holiday gifts, businesses face tough competition for consumer dollars thanks to abundant sales and promotions aimed at undercutting competitors. Gift cards Read More …