Retailer's Decalogue // Within the commercial strategy

Decálogo del retailer // Dentro de la estrategia comercial

Being assertive helps you more than being quick..
Speaking of fashion, it's volatile and unpredictable. What's popular today may not be popular tomorrow. That's the risk faced by retailers when they fill their stores with fashion that's no longer what they're looking for. You have to take care of every aspect of the business, keep it impeccable, and believe in customer satisfaction as the company's hallmark.

That's why I present you with a decalogue that will make you successful in your daily decisions in the fashion retail business.

IS THE STORE REALLY ATTRACTIVE? To perform this analysis, you need to stand in front of the store and ask yourself this question: If you were a customer, would you come in? Does what you have in the window displays invite you to come in? We need to find an excuse to get people into our store. Appropriate visual merchandising can be the solution to this lack of attraction.                                                         

CONGRUENCE Both outside the store and inside. It's sad to see big brands with impeccable, vibrant, ever-changing catalogs, but still have a store they haven't renovated in years. I think the same love and enthusiasm that goes into making some things should prevail in all others. It's important not to disappoint the consumer, who expects you to be the same as you are on the outside.

REAL PROMOTIONS Are your customers accustomed to constant discounts? Consider why customers don't buy at full price. Are your prices high? Are your campaigns always discounted? Overwhelmed by discount messages. Be careful how you speak to customers. Often, you can subtly suggest a promotion and avoid being discounted.

TAKE CARE OF EMPLOYEES SO THEY CAN TAKE CARE OF CUSTOMERS Richard Branson of the Virgin Group recommends that employee care directly impacts how they treat customers. It's unpleasant to be served by an unmotivated salesperson or to enter a store with a conflicted staff. As a consumer, you immediately notice this in the service you receive, and you never return.

AVOID IMPROVISATION There's nothing worse than a series of untimely actions in a store. All it does is create conflict among staff, jeopardizing sales success. Improvisation doesn't bring clarity and only causes a store to be inconsistent with other branches. If this is your case, you need to implement a standardization project and involve buyers and store owners. Everyone should know a week in advance what's going to happen in their store, or this will depend on the size of the actions.

PLEASANT CUSTOMER EXPERIENCE Taking care of the details that add value to the brand experience. Neuromarketing authors explain that a pleasurable shopping experience is achieved when we engage the senses in different ways, starting with sight and then hearing. Make sure that what your customer sees is aesthetically appealing and then offer them audio that matches the environment. The most common mistake is thinking that music is made for salespeople, but that's not the case. Everything should be customer-focused to make them feel good and spend more time in our store.

THE COMPETITION. We mustn't lose sight of it, how is it? What do they have that I don't? How do I communicate to the customer that I have products that are different from my competitor's? We must always be clear about who the competition is or what brand, indirectly, is our competition. There must be a record that says week after week what the competition has, at what price, in what composition, in what colors, what quantity, etc. And everyone in the brand must be aware of it. Not just a cursory review, become a mystery shopper of the competition, all brands do this, look at their window displays, their pricing strategy, the colors, what they have at the entrance, etc. Feel calm, everyone does this.

THE HISTORY A retail business without sales records is a ship adrift. The past must be firmly in mind. Last year's success will be a headache for the following year, as you must exceed sales expectations, maintain healthy inventory in good condition to drive sales, and do more with the same amount of space. For these reasons, history informs future decisions; current sales failures must be taken into account to develop well-founded strategies. In retail, there should be no assumptions; we must take calculated risks.

LOSES LOVE FOR STOCKThis can be your worst enemy if you don't really know it. You must monitor it constantly, day after day. Know its size, what it's about, and how long it's been on the sales floor. Numbers can be your best tool, but working sessions with sales floor staff and purchasing teams are a good strategy for gaining information about stock performance for decision-making and ensuring sales success.

TRAIN YOUR STAFF. Develop a sales-minded approach in your staff. Sharpen their eye so they can recognize macro trends and, above all, see the business as an opportunity for professional development and know they're part of a growth that's alongside the brand. Make them proud of it, even if they aren't customers.

Retail has many perspectives, many nooks and crannies where business can be done, and it would be difficult for 10 points to achieve brand success. But here are the ones that involve the POINT OF SALE, PRODUCT, and STAFF, which are key elements for creating a driving force for good results. I believe all brands always have the same objective in mind: to sell. What good would an attractive store do with poor products, or vice versa?

Pablo Román is the founder of the Merchan//LAB agency, where a team of industrial, fashion and graphic designers with expertise in fashion collaborates.  “Shopping experience "It's the new guiding principle of fashion. Consumers are no longer satisfied with just purchasing products; they now want something more. Something the brand is willing to share with customers to encourage them to return to the store." Customers don't quite know what they want, but when they see it, they recognize it. PR.

Strategic Window Dressing // Teach to Sell

Escaparatismo Estratégico // Enseñar para vender

The Showcase is the visual part of the brands' commercial strategy.

The term Fast Fashion (FF) that is now experienced in fashion, has forced us to react quickly but it must be effective, the media, the shopping experience, etc ... and the rapid handling of fashion trend information force the manufacturer and marketer to have what the customer is looking for at the exact moment and in the necessary quantities, that is a global movement that must be kept in mind today. Therefore, within the marketing strategies of retailers is the visual marketing of the merchandise (visual merchandising) that makes the product look appetizing inside the store and above all focused on the target that is intended to reach and be a bearer of the brand.

It's the cherry on the cake, it's the glamorous part of the brand, like a window into the store's interior, where we must reflect everything that was planned in the marketing strategy.

The window display has the expensive objective of selling, in accordance with the brand's guidelines and its technical design and commercial specifications. The window display was born from the need to convey to the outside of the point of sale the arrival of new products, seasonal changes, or an event worthy of enveloping the product to make it appealing to the customer. It must be provocative, inciting, and above all, invite the viewer to come in and see what's happening inside the store.

The brand promise must be lived
from outside to inside the stores,

That's where the showcase does its job,
when congruence exists on both sides.

 
What are the shop windows like? The display cabinets (also known by that name) must meet certain aspects to be considered an optimal space for the exhibition, which are:

ADAPTABLE: That all types of merchandise can be displayed.
OPEN: That the content, garments and information can be appreciated in detail.
CHANGING: They should always show different displays; a static window display does not sell or invite you into the store.
CLEARS: As for your message, avoid confusion, since we communicate with our customers through our shop windows.

Don't expect a surge in sales by always presenting your product in the same way. Communication with customers must be creative and different, showing them something new they might be interested in.

THE LOCATION OF THE SHOWCASE IS OF UTMOST IMPORTANCE IN THE DESIGN OF THE POINT OF SALE.
Since it begins to communicate the purchasing experience, this will be the customer's first contact with the brand and its products.

What isn't a window?
– It’s not just an extra space in the store’s design; it should be part of the store’s design.
– It is not a catalog to list all the items the store sells.
– It's not a space to be overloaded with multiple messages at once; remember that customers have very little time to pay attention to multiple messages at once.
– It is not a place where mannequins will be placed alone, on the contrary, creative concepts must be generated to wrap the product that will be the protagonist.
– It's not a counter, but rather a silent salesperson who should guide the customer through the latest products we have in the store.
– It doesn’t work alone; there must be a strategy behind it, supported by the product.

How does a window display help us increase sales?
As we described above, the window display should be fresh and treat the merchandise as perishable, as something that will spoil the longer it spends on display in the store. This gives us a guideline for knowing the expiration date of an in-store message. How often do you change a window display? It should be so. Every time your customer returns to the store, they should have an excuse to come in and see how everything is different from their previous visit.

80% of the messages that we humans receive are through the visual sense and the other 20% is through the other senses, so why not pay attention to the visual aspect of the windows or the store? Having this reason in between, it challenges us to keep the store always presentable and tidy according to our target customer. Once the customer takes the trouble to enter the store, it forces us to treat them well and satisfy the needs that they have at that moment, since many times: THE CUSTOMER DOES NOT KNOW WHAT THEY ARE LOOKING FOR, HOWEVER, WHEN THEY SEES IT THEY IDENTIFY IT AND WANTS IT. 

If we bring together all the above aspects, which make up our customer's shopping experience, with a window display and a sales floor aligned to a specific action, it can mean a considerable increase in sales, especially because we will increase visitors and encourage unplanned purchases. THE WINDOW DISPLAY DOES NOT WORK ALONE, IT IS PART OF AN ALIGNMENT OF THE BRAND'S COMMERCIAL ACTIONS.

Sales Season: Let's Learn From Them Too

Temporada de REBAJAS: Aprendamos de ellas también

We're in the middle of the sales season, and from items that were once top sellers to those that didn't meet their sales targets, this is also a key time to visit stores and see them as opportunities for constant learning, observing best practices and the most common mistakes made in stores.

While this may be a paradise for customers looking for better deals and opportunities, it can mean stocking up on something they'll be storing in the back of their closets, waiting for the next season. But for brands, it means getting rid of cluttered stock that affects store profitability, as well as preparing for the next arrival of new-season merchandise.

We believe it's worth taking a tour of the stores and, above all, analyzing different aspects of retail:

  • If you are a Fashion Designer: What new silhouettes are being discounted on the racks?
  • If you are a Buyer: To what price point is a garment or product you have in mind for next season discounted?
  • If you are Visual Team: How is the store arranged? What items are on display? What are the window displays like?
  • If you are a Planner: How much discount on sale do they handle in stores?
  • If you are a Store ManagerHow many boxes are open? What's the ideal roster for this season?

The sales season could be considered a period where a store's profitability could decline, but the secret lies in being able to overlap the arrival of new merchandise with the optimal performance of the clearance merchandise.

Remember that early-year sales must be aggressive because maintaining a stock of heavy clothing and warm garments will be a major challenge for the new season.

At the consumer level, sales are a good excuse to get something new at an affordable price. This is when the search instinct is ignited and opportunities are everywhere, so if you have a store and don't have SALES, the sales opportunity during this time is considerably reduced.

Customers have open selective perception,
Where they see a red sign with "SALE" they enter without
no matter where he is, his search is constant.

DESIGN AND INNOVATION in retail: When the investment returns

DISEÑO E INNOVACIÓN en el retail: Cuando se retorna la inversión

The trend in physical stores is changing, and now there are stores without warehouses and we are increasingly seeing smaller but profitable stores.
What size is the ideal store? 1,500 m2 or 500 m2? The trend is to optimize space to achieve sustained and consolidated expansion, smaller checkouts, employees with mobile devices for off-site payment, etc. All of this is wrapped up in a strong application of design and adaptation to constant change.

In terms of store concepts, we see lightweight furniture that can carry a larger quantity of garments or items, optimizing costs from the design perspective, modular walls that grow and shrink according to the store's architecture and stock, allowing the store to renew itself daily, creating a dynamic sales floor.

Light, striking stores with a brilliant lighting system and no wasted space. Visual merchandising teams work overnight while the store is closed, completely changing the sales floor, constantly offering customers a fresh look.

Window displays and advertising have become much more focused and targeted, implementing new, more dynamic and effective elements such as digital screens, replacing old resources like billboards. The development of digital applications and strategies offer new possibilities for optimizing resources.

It's important to view these improvements and new practices as an investment that can have a medium- to long-term impact on reducing operating costs, improving customer experience, optimizing inventory management, and generating valuable information for business planning and management.

Experiencia de compra // Un wow en cada visita

Experiencia de compra // Un wow en cada visita
IM Magazine 10 // Experiencia de compra

When the product is the memory of an incredible experience, making a whole of small details leads us to know the essence of a brand

The dynamics at the point of sale have changed. In traditional sales, the product was placed in front of the customer, and if they had a latent need at that moment, a purchase was triggered, in a linear fashion with no return.

Now the process is circular, experiencing the new stage of "inspiration," then triggering the "offer/sale" to continue with the "post-sale" service, allowing the latter to feed the "inspiration" service to continue the process constantly, always in motion.

INSPIRATION. At this stage, we must provide all the necessary means for the customer to acquire the necessary information about our product, such as blogs, social media, video blogs, landing pages, etc., so that when the customer searches for inspiration, they find a favorable environment to continue to the next stage.

OFFER/SALE. Once a customer has a specific product in mind and confirms that we're the right choice for their purchase, they head to our store. That's why it must be dressed to the nines to attract attention and confirm that we're what they need.

POST- VENTA. In this section, we can differentiate ourselves from the competition. Many brands neglect this stage, worrying more about the initial stage and the purchase than about knowing what happened to the product we sold in the long term, whether it met expectations and was what was expected.

Closing this loop helps us build customer loyalty and encourage return visits.

EXCEED CUSTOMER EXPECTATIONS,
NOT JUST SELL

Intermoda #IM65 // Conference "The Retail Decalogue"

Intermoda #IM65 // Conferencia «El Decálogo del Retail»
Captura de pantalla 2016-06-17 a las 1.42.32 p.m.

It's always a pleasure to spend time with the people at INTERMODA. Now, in their #IM65 broadcast, we'll be able to address a different perspective on visual merchandising with our talk "The Retail Decalogue," given by Pablo Román. This practical and easy-to-understand talk will focus on offering ideas and concepts that can be applied in stores the next day.

Find event information and details at:

https://www.facebook.com/events/994844437298075/

La Casa de la Marca // ¿Por dónde empieza el VIM?

La Casa de la Marca // ¿Por dónde empieza el VIM?

Let's imagine a dinner party at home with friends. We want them to be welcomed from outside the house, to find parking for their car without any problems, to locate the house where the event will be held so they can recognize it, for the garden to smell of flowers, and for the door to have a doorbell so they can knock. We want them to find the right person, warm and welcoming, when we welcome them. Without exaggeration, without pretensions... we want them to be genuine and friendly.

As your guest takes their first steps into the house, they may begin to receive pleasant messages: the smell of delicious food coming from the kitchen, the smell of flowers on the table... and hearing a soft Nina Simone-type song in the background. Even though they don't know her, they want to know who she is... Start talking about memories that bring back fun thoughts and are an excuse to prolong the moment.

Prepare a pleasant moment that frees you from external tension, work problems, and complicated traffic.

"It's been a while since I saw you, but it's great to have you with us."

This is how the buying experience works: the house must be ready to receive clients, and the first contact is key to getting it started.
Why would a customer prefer to come into our store? There are so many shopping options in the market these days. Just like with our friends, there are people we prefer to see more than others. Identification is key. Why would I go into the home of someone I don't like? Or where I'm not treated well?

We often go to stores because of the product or the brand, but the service we receive isn't always the best. This doesn't create any long-term customer engagement and doesn't establish any lasting relationships. Customers only come back for the time when a new brand emerges, offering a similar product but better service. Engage them from the very beginning and let them know through your customer service that you care.

At the end of the evening at your house, he or she leaves and says, "It was great we saw each other, and I hope we can do it again soon."

The buying experience is the complete set of perceptions that customers receive when purchasing a product or service, and even what they feel after closing the deal. The buying experience is about feelings, emotions, and sensations.

With or without visual?

¿Con visual o sin visual?

The term may sound very current, but it has existed throughout human history, from merchants displaying their harvest at the market to large chain stores displaying their collections in their stores.

Visual merchandising (VIM) is an activity that has always been practiced, but the best part is when it's mastered and becomes part of the brand's commercial strategy. There's no VIM without a strategy behind it that can justify it. We can't improvise in stores; that would be complex and lack added value for the brand.

Consistency is a determining factor for the Store Concept that emerges across brands; each space, each display must be measured by its results. But let's not make the mistake of leaving the VIM solely responsible for good or bad sales.

Each product or product category has its own story and performance, but the visual focus that VIM provides enriches and enhances the sales generated by the item itself. This justifies window displays tailored to the product, visual merchandising focused on sales results, and the execution of store staff.

Customers must be immersed in a welcoming and pleasant atmosphere, making them spend more time in the store looking for things they weren't looking for. They must find a haven in the brand where they can have a good time without complications and have a shopping experience that's both enjoyable and enjoyable. shopping experience satisfactoria y sobre todo presumible con sus amigos.

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