Publican
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Photo courtesy of Legacy Liquor Store<br />
The more time customers spend in a retail environment,<br />
the more money they will ultimately spend.<br />
“Slow shopping” - or “fauxsumerism”- is a hot trend<br />
where customers are encouraged to spend more<br />
time in a store without being pressured to buy.<br />
Studies have found that the more time customers<br />
spend in a retail environment - say, getting a free<br />
facial, enjoying a coffee or reading a book - the<br />
more money they will ultimately spend.<br />
Then there’s the idea of “mood maintenance”,<br />
where the ambience is designed to match or<br />
even elevate the consumer’s mood, encouraging<br />
them to spend more. One intriguing aspect is<br />
the influence of aroma. The American company<br />
ScentAir, for instance, creates billions of scent<br />
impressions each year for clients such as<br />
Bloomingdales, wafting the aroma of baby<br />
powder through the infant department or<br />
coconut in swimwear to boost sales.<br />
Researchers have also found that maze-like<br />
layouts, bigger shopping carts and slow music<br />
all encourage people to buy more. For even more<br />
techniques, LRS owners can learn a great deal<br />
from retail theorists and experts like Storesupport<br />
Canada.<br />
and baskets throughout the store? Are you really<br />
encouraging lucrative impulse buys?<br />
Spend some time studying what works in your<br />
competitors’ stores and adapt those elements<br />
for your own - just the way Walmart founder Sam<br />
Walton once did at Kmart.<br />
2) Listen to the Experts<br />
Design is only one aspect of the whole psychology<br />
of how and why people buy. There is, for instance,<br />
a booming business in “experiential shopping”,<br />
which transforms a financial transaction into an<br />
emotional one.<br />
3) Step Up Selection<br />
When a store’s only distribution source and<br />
biggest competitor are one and the same, it’s<br />
almost impossible to compete based on price. As<br />
Lamb says, “It doesn’t make any sense to sell your<br />
competitor’s product at a higher price when your<br />
competitor is two blocks away.”<br />
16 The <strong>Publican</strong>