Enhance The Customer Experience

 

If you want to draw more customers into you store make it personal for them.
 
A new customer satisfaction survey concluded that most shoppers would give up a lower product price online in exchange for personalized assistance or advice from an in-store associate.
 
Coldwell Banker Commercial found that the demographic aged 18-34 is most likely to go to stores “to kill time” than other demographics; 35% said they do this compared to 20% or less in all other age groups.
 
Those same Gen Z and millennial consumers are more likely to go to stores to spend time with family and friends (33%) than older respondents. As the purchasing power of these younger shoppers grows, there’s room for retailers to foster face-to-face loyalty.
 
Overall, shoppers still seem to be attached to the in-store experience. Sixty-eight percent of Coldwell Banker’s respondents said they “look for in-store experiences” when they shop in a physical store.
 
Those with a robust mobile shopping experience may have a leg up, as many in-store shoppers turn to their mobile devices to research products before buying.

Recent Articles

With Halloweentime upon us, ghosts and goblins all around the world are gearing up for the annual celebration of the macabre. Between dressing up in fun costumes and making caramel apples to taking our kids trick-or-treating around the neighborhood, there’s no shortage of things to do at the end of October; but did you know that some of the earliest traditions revolved around the use of incense and other herbal blends?
When I was in college, my sophomore year roommate, who went by Bear, had a two-foot-tall bong with a name. Green Lucy was a gorgeous emerald-colored masterpiece with thick, bulbous glass at the top, comfortable for ripping huge hits. It was a celebrity on our floor of the creative arts co-op where we lived. People would come from all over the house, and sometimes from other parts of campus, just to hang with Bear and get baked from Green Lucy.
Charlea came into the cannabis space as a journalist, covering Missouri’s fascinating cannabis landscape as it rapidly evolved. While reporting on the state’s medical marijuana vote, Charlea got to know a local physician who was equally passionate about legalizing medical use in the state.
Common business advice tends to view the 80:20 rule simplistically. Focus on the 80% of your store that drives profit, it says. Ignore the rest. That’s fine for the average folks. But what about those who want to boost the other 20%?
Before you've said a word, your shop is selling. The customer hasn’t touched a single product, and your staff hasn't even said hello. Your decor and layout have already done the talking, either pulling people in or pushing them away.
As VP of Operations at ATM Wholesaler and Elite Merchant Services, he’s picked up the baton from his father and CEO, Norman Koza, who passed it to him after founding this successful company over 25 years ago.