Greenhouse Canada

Features Business Retail
How to stay ‘retail ready’ throughout the season


June 13, 2011
By By John Stanley

Topics

June 13, 2011 – The challenge in retailing is there
are always opportunities and the top retailers ensure that they make the
most of every opportunity. They accept that traffic flow will vary throughout
the year, but that when the customer comes in, whatever the season, they are
"retail ready."

June 13, 2011 – My father introduced me to retailing
when I was a child.  He was the
manager of a drug store or pharmacy in Birmingham in the UK. He taught me
some of the basics I still use today as a retail consultant.  One of those basics was that the retail
year was made up of at least four seasons and often more if you include
Christmas, Mothers Day, Easter , Valentine’s Day and other events as seasons as
far as retailing is concerned.

You may call this "common
sense", but over the last few months working with retailers I have found
that those gems of wisdom have not always been passed on to all retailers
today.
I recently attended a conference for
the gardening industry where one supplier to the industry as a conference
speaker announced that gardening in the USA was a seven week industry and that
this was the only period where money could be made.
I was astounded, especially as the
consumer would argue, depending on the climate zone, that it is a three or four
season activity.
I then visited some retailers and
found this approach to be true. 
Whilst some retailers in the garden sector were working at making the
sale, others were taking the attitude that it was not worth the effort to
retail professionally in the quieter season as there were not enough consumers
to justify the effort.

Advertisment


The Retailing Challenge

The challenge in retailing is there
are always opportunities and the top retailers always ensure that they make the
most of every opportunity. They accept that traffic flow will vary throughout
the year, but that when the customer comes in, whatever the season, they are
"retail ready".

Stores that are not "retail
ready" during the quiet season will be remembered.  When the busy season arrives those
stores will often be ignored by the consumer who will remember what they looked
like when it was quiet.  The
consumer will then focus on a store that impressed them in the quiet
season.

One simple test to see if your store
is "retail ready" all year round is to look at the average sale
per customer.

In a successful business during the
busy period the customer count goes up, but the average sale per customer
often goes down. In the quiet
season the customer count goes down, but the average sale goes up. If this is not happening you should be
taking a very close look at your business and identifying why this is so.

The reason the average sale should go
up is that your team have more time to build exciting 'WOW' displays in the quiet
period, plus, they have more quality time to spend with consumers and can offer
the best advice available.

The entrepreneurial retailer is
always going to look for opportunities, for example, in early February in the
UK, it was Nesting Box week. Consumers were encouraged to go to their local hardware
store, farmers market or garden centre to buy a nesting box. I was in
the UK working during that week and visited numerous stores. I came across one
garden centre, Cadbury Garden Centre in Somerset and one farmers market,
Gonalston Farm Shop in Nottinghamshire who were celebrating the promotion and
engaging the customer. The rest did not even promote the event. When challenged,
some of them were not aware of the event while others told me it was not worth
the effort as it was winter.

Celebrate the Seasons

The challenge is we should celebrate every
seasonal opportunity we can get with the consumer. Consumers enjoy going to
retailers who change merchandising events based on the retail season.

Every week can be a season and an
opportunity to join in the celebrations with the consumer. This is more
important than it has ever been. Consumer research indicates customers are more
disillusioned with shopping than they have ever been, that must be an
opportunity for the entrepreneurial retailer to make a difference.

Brainstorm with the Team and
Engage the Customer

For me the lesson was that the winning
retailers are engaging with the team and encouraging them to look at the
seasonal marketing opportunities and how these can be developed in the store,
plus they are recognizing that a customer that comes into the store in the
quiet time is very likely going to be a big spender and they need to be engaged
with by team members.

As consumers we tend to be very
understanding and if we are not approached by a team member in your
quiet time we are less tolerant than when we are ignored in a
busy period.

It is time to relook at the seasons
as retailers and to build on the opportunities that are available. 



John Stanley
(CSP) is one of the top 10% of speakers in the world today, an acclaimed retail
consultant and WA Entrepreneur of the Year 2009.  The author of several marketing, customer service and retail
books including the best seller “Just About Everything a Retail Manager Needs
to Know”, his company is WA Small Business Champion 2009 – Educational
Services.


Print this page

Related



Leave a Reply

Your email address will not be published. Required fields are marked *

*