Retail flexibility is yours when choosing from grid accessories such peg hooks, faceouts, waterfalls, hang rails, shelves, baskets and more. Use a wide variety of grid accessories to display anything from clothing and purses to books and movies. Half round mannequins can be hung on the grid panels to garner attention and show customers how clothing will look when worn. Accessories can also be moved around with ease to accommodate changing inventory.
Impulse Purchases: Pump up the Volume!
Little things can mean a lot, namely extra cash in your register, so don’t underestimate the effect of point of sale items on the impulsive human nature.
Retail Sale Idea: Boss is Away Sale
Here is a fun and creative idea to generate interest in your store, courtesy of The Cozy Nest in New Hampshire. The employees at the Cozy Nest had a “Boss is Away Sale”, and just look what great results they had when they were given permission to go wild, have fun, and create sales in her absence!
“I wanted to share a promotion that my staff had while I was at the June Retail Success Summit. I borrowed the idea from someone that said she had a “While the cat is away the mice will play” promotion while she was away from her store. I asked my employees if they would like to plan a similar event while I was at the Summit and that I would trust them to handle it and didn’t want to know anything about it.
“It was a huge success. They had a 237% gain over last year.
“Here are some of the things they did:
- Wore little glittery mouse ears with a pink bow the whole time I was gone
- Sent out a daily e-mail about the deal of the day (borrowed idea from the 12 days of Christmas)
- Had a big poster for the customers to sign and leave me a message
- Created a poster with a thermometer that they filled in every day to show how they were progressing
- Asked neighboring businesses to send their customers over and gave those customers an extra 10% off. Plus, the business that sent the most people received a gift certificate
- Raffled off a gift basket worth $300 (all clearance items)
- Held a daily raffle for 4 gift certificates ($25 each)
“I gave them a hefty sales goal and if they met it, I’d give them each a day off with pay, and they met their goal. They had a blast and were really proud of their event. The customers also had a blast.
“I had a friend drive by and they told me it was like a feeding frenzy and the parking lot was a mob scene. I am sure that created some buzz around town, plus it brought in some new customers that wanted to see what was going on!”
What a fun idea! I especially love the Deal of the Day email, the reciprocal program with neighboring businesses, the message poster for the boss and the mouse ears. Gosh, I guess I loved all the ideas. Please me know if you try this out. It sounds like a hoot!
Candy: The Ultimate Impulse Item!
Okay, show of hands. Who does not like chocolate? Hmmm, not many hands up. Chocolate and other candies are popular treats year round and that makes them excellent candidates for your impulse purchase displays.
Calming the Retail Customers’ Fear of Purchasing
- the item may be less expensive elsewhere
- their significant other won’t like it
- it won’t match (their sofa, their pants, etc.)
- they won’t know how to use it
Have a meeting with your staff and ask them why customers may be hesitant to purchase in your store in particular. Once you pinpoint possible reasons, you can prepare your solutions. For instance, if the customer fears they will find the item cheaper elsewhere, you can implement a price-matching program if you don’t already have one in place. People may be more inclined to purchase if they know that they will be reimbursed the difference if the same item is found to be cheaper somewhere else within the next 30 days (or whatever time frame you choose). If the item doesn’t match or their significant other doesn’t approve, let them know they’ve got nothing to lose by trying it out since they can always return their purchase for a refund or store credit. If the customer is nervous that he or she won’t know how to operate whatever it is they are purchasing, offer them a training session and let them know they can always call the store for assistance.
As we’ve all heard said “The best offense is a good defense”. Being prepared for any objection or fear that may pop up means that you don’t have to fear losing a sale.