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21 Apr
Saturday, 21 April 2012 05:04

Merchandise Stories That Sell

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Adam Fried posed an insightful question to his independent jewelry store audience: “Do you think anyone walks out of Tiffany’s (after making a purchase) thinking they got a better deal?”

Fried’s session focused on how every store needs to tell its own story — its own unique selling proposition — to every customer who walks through the door. And if you and all your salespeople are not fully familiar with what your unique selling proposition is, then the only thing you’ve got to go on is price, and you will not win.

Some insights from Fried’s talk:

  • The product is not the brand YOUR STORE is the brand.
  • Prepare the customer for a premium experience. That begins at the front door.
  • You can’t introduce the story of your store by interrogating your customer with such questions as “What brings you here today?” and “May I help you?”
  • If a customer tells you “No thanks; just looking,” it is because you have invited the response with your questions.
  • Don’t call your customers; text message them. It allows them to look at it at their convenience, yet it also guarantees they will see it.
  • Buy a store mobile phone to do all text messaging. It allows the owner to see all the messages going out, and the salespeople won’t have to use their personal phones.
  • If a customer asks you to send a photo of a product he or she is interested in, be sure always to send photos of two or three other similar products as well. It provides other choices as well as a point of comparison.

Last modified on Saturday, 21 April 2012 05:06
Ralf Kircher

Ralf Kircher is Group Executive Editor for SmartWork Media, overseeing INSTORE and INDESIGN magazines. He thinks the perfect jewelry-store experience is one that doesn't make him feel like the bumbling romantic his wife knows him to be.

Website: instoremag.com/