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Jeweller - April 2022

Diamond disruption: How the Russia-Ukraine conflict is changing global trade High time for change: Where to for watch brands after Baselworld? Darkness & light: Uncover the mysteries of black and white gemstones

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High time for change: Where to for watch brands after Baselworld?
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BUSINESS<br />

Strategy<br />

How to improve and create<br />

great retail displays<br />

Tiffany & Co.<br />

First impressions are undeniably lasting and in the retail business it can determine whether a customer<br />

enters or walks away from your store. Let KIZER AND BENDER share their knowledge to help you sell more.<br />

If there are lessons learned from the<br />

pandemic, it’s that retailers are highly<br />

resilient.<br />

We know you never have enough time to do<br />

everything you want on your sales floor and<br />

that customers expect constant change to<br />

keep coming back. Fortunately, there are<br />

great resources available to help with visual<br />

merchandising- the part of your store that<br />

interests shoppers.<br />

Studies have revealed that humans lose<br />

interest somewhere around eight seconds.<br />

Blame it on technology! For in-store<br />

displays, customers lose interest in about<br />

five seconds – this is why the approach of<br />

‘this display is good enough for now’ just<br />

doesn’t cut it anymore.<br />

For in-store displays, customers lose<br />

interest in about five seconds – this is why<br />

the approach of ‘this display is good enough<br />

for now’ just doesn’t cut it anymore.<br />

So what’s a retailer to do?<br />

Elements of a great display<br />

We started our careers in the retail<br />

industry; department stores to be specific,<br />

and back when they were not-to-bemissed<br />

examples of quality retailing. The<br />

experience taught us that displays take<br />

time and preparation to build a themed<br />

experience each month, and an action<br />

plan is necessary to make it happen.<br />

Great displays don’t just happen. Sure,<br />

sometimes you get lucky, but organising<br />

promotions every month can be<br />

exhausting.<br />

Consider these ideas when planning your<br />

displays.<br />

Theme: Choose a theme for each month<br />

of the year. Some months may have more<br />

than one theme. Do it one at a time.<br />

Consider your overall theme and what it<br />

takes to achieve what you are aiming for.<br />

Remember that the store is always the<br />

story, not a single display. Carry elements<br />

of the theme throughout the sales floor to<br />

create a unified story.<br />

Platform: These are fixtures needed to<br />

create displays on your sales floor and<br />

windows. For example, what platform do<br />

you need for your ‘speed bump’ display?<br />

List each piece needed, taking into<br />

account what you already have and what<br />

you may need to purchase.<br />

Props: Little touches incorporated to a<br />

display adds character. Think texture:<br />

baskets, smooth woods, glass, metal,<br />

even different fabrications. Inexpensive<br />

Plexiglas risers are ideal for elevating<br />

featured products. Consider using big<br />

props, such as decorated Christmas trees<br />

during the holidays or decorative trim<br />

throughout the store.<br />

Product: Choose items to be displayed<br />

in advance so you can focus on telling<br />

a complete story. While you are already<br />

purchasing products seasonally, look for<br />

other items to be merchandised on endfeatures<br />

and other areas to carry out the<br />

theme. You can swap or add products from<br />

the floor, as needed.<br />

Great displays<br />

don’t just<br />

happen. Sure,<br />

sometimes<br />

you get lucky,<br />

but doing it<br />

every month is<br />

exhausting.<br />

Display Techniques: Always consider<br />

the right technique to make products<br />

stand out. We know that products<br />

arranged vertically is always better than<br />

products distributed horizontally. Vertical<br />

merchandising causes shoppers to see<br />

more of the displays because they look<br />

up, down and forward on displays.<br />

Cross-merchandising or placing items<br />

together that complement one another<br />

is another effective technique. It entices<br />

shoppers to purchase more products easily,<br />

plus they are exposed to items they have not<br />

previously considered.<br />

Each display also needs a Focal Point, that<br />

spot where a customer’s eyes fixate at a<br />

display. Is the shopper drawn to a product<br />

you are promoting? When there is no focal<br />

point customers may be confused about<br />

where to look and simply move on.<br />

If the fixture itself is the focal point then it’s<br />

time to change it.<br />

Negative space: Empty areas of the display<br />

or white space that frames the product. Your<br />

store is an explosion of colours; let your key<br />

displays breathe a little.<br />

Colour: is a powerful choice when searching<br />

for theme ideas. We are naturally drawn to<br />

color, but it’s also important to keep in mind<br />

that colours can have an effect on shoppers:<br />

• Red is aggressive and makes some<br />

people anxious and can actually speed up<br />

metabolism<br />

• Pink is happy, romantic, light-hearted<br />

and soothing<br />

58 | <strong>April</strong> <strong>2022</strong>

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