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
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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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>