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Jeweller - April 2020

• Conquering Coronavirus: protect and prepare your business during the pandemic • Time frame: exploring five years of change in the watch category • Watch this space: a showcase of best-selling and new release watches

• Conquering Coronavirus: protect and prepare your business during the pandemic
• Time frame: exploring five years of change in the watch category
• Watch this space: a showcase of best-selling and new release watches

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BUSINESS<br />

Selling<br />

Why repeat sales are so important<br />

– and how you can increase them<br />

One of the most cost-effective ways to improve your business is to focus on repeat sales.<br />

RICHARD SHAPIRO explains how to keep customers coming back to your store.<br />

With summer over and the first quarter<br />

of trading behind us, we are moving into<br />

the autumn season – which is a perfect<br />

time to set our sights on some ideas to<br />

generate repeat business.<br />

While much emphasis is placed on<br />

acquiring new customers, repeat sales<br />

are the lifeblood of any retail business.<br />

That is because you do not have to spend<br />

money attracting a customer who already<br />

shops with you.<br />

The best opportunity for retailers to<br />

generate repeat business is for sales staff<br />

to create and build relationships with<br />

customers.<br />

We all stop at our local coffee shop in the<br />

morning to see Mary the barista who gives<br />

us a big smile.<br />

She knows what we did over Christmas, if<br />

our children had a great summer holiday,<br />

and what our plans are for when they go<br />

back to school.<br />

Once you find your ‘Mary’, you don’t seek<br />

out another, more convenient or cheaper<br />

café; your loyalty is towards Mary.<br />

Here are my six repeat business ideas to<br />

help you become every customer’s ‘Mary’:<br />

Teach sales staff to greet people as they<br />

would a new neighbour into their home.<br />

Communicate how important it is to<br />

smile and connect with customers as<br />

people first.<br />

It’s more important to find out about the<br />

customer and their needs, goals, and<br />

personality, than it is to know exactly<br />

what’s in your inventory.<br />

Ask customers if they have ever been<br />

in your store before and whether they<br />

purchased something or not. If someone<br />

is new, tell them more about your<br />

business, for example the best places to<br />

park in the future, your hours, and the type<br />

of stock you carry.<br />

You can also let them know how long<br />

you have been in business, your other<br />

locations, the details of your return<br />

Treat your customers as friends and you will retain them for years to come.<br />

policies, and your personal customer<br />

experience philosophy.<br />

It will not only be useful to your customer,<br />

but more importantly, create a dialogue<br />

and relationship.<br />

Always tell the customer you can help<br />

them. People like to feel they are speaking<br />

to a person who can help.<br />

Providing help might require asking<br />

another staff member for advice,<br />

requesting more information from the<br />

customer, or even referring them to<br />

another store.<br />

It’s not important how you help them –<br />

instead, it’s about showing the customer<br />

you care about answering their question or<br />

resolving their problem.<br />

Listen to your customer’s emotions. Pay<br />

attention to what customers are feeling,<br />

not just what they are saying.<br />

In almost every instance, you will be able to<br />

easily tell if someone is happy, frustrated,<br />

excited or disappointed.<br />

It’s not<br />

important how<br />

you help them<br />

– instead, it’s<br />

about showing<br />

the customer<br />

you care about<br />

answering their<br />

question or<br />

resolving their<br />

problem<br />

By expressing a reaction to their emotional<br />

state – for example, by saying, “You sound<br />

disappointed we don’t have your size<br />

in stock. Let me double-check and get<br />

back to you” – you foster a new and<br />

beneficial relationship.<br />

Have business cards printed for all<br />

sales staff. Doing so will make your<br />

employees feel more important and<br />

valued, and it’s an excellent way to invite<br />

the customer to return.<br />

The employee could say, “I really enjoyed<br />

helping you today. Here is my card with my<br />

contact information.<br />

Now that I know your tastes, I can let you<br />

know if we get something in stock you<br />

might like. Would you prefer me to email,<br />

call or text? Just let me know.”<br />

Keep in touch. Many retailers fail to show<br />

the customer they matter after the sale.<br />

That’s a big mistake. Sending daily emails<br />

can also have a negative effect.<br />

Brainstorm with your team about the best<br />

ways to show customers they are relevant<br />

after they leave your store.<br />

I grew up in a retail environment. My dad<br />

owned a menswear store and I worked<br />

there in my early teens. I learnt two<br />

important lessons.<br />

Firstly, it is more important to listen and<br />

learn the customer’s state of mind than to<br />

find out their method of payment.<br />

Secondly, when new customers entered<br />

the store, they were strangers. My father<br />

hoped by the time they left they had<br />

become new friends.<br />

If more retailers understood why they visit<br />

the same coffee shop to see their ‘Mary’<br />

and taught their staff the concept that<br />

shoppers are people first, and customers<br />

second, the percentage of repeat<br />

customers would undoubtedly rise.<br />

Richard Shapiro is founder of<br />

The Center For Client Retention,<br />

offering research, training and<br />

consultingservices. tcfcr.com<br />

44 | <strong>April</strong> <strong>2020</strong>

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