Retail displays are especially useful, because they can prompt people to make impulse buys. An impulse buy is when a purchase occurs on the spot without premeditation. Take customers walking through a store: they may walk past and not have explicitly decided to buy item. On the other hand, if they see it in a playful design or vibrant colors for example — perhaps that swipe wasn't so bad after all. That's exactly why it makes sense to find this close to the checkout line, where people are typically standing in queue. While they wait in line, there is a possibility that something will catch their eyes which was not part of the purchase plan and might drive impulse sales.
One of the simplest but also most successful methods for driving sales with retail displays is to re-merchandise them often. Should the displays standardize, customers might grow used to them and stop noticing. They may get tired and miss out on what is being advertised. That way, things will always feel new and exciting with the displays changing every few weeks or months. This would create a pull back for the customers to then come and visit store which will help in Customer retention.
Retail displays can also be a good way to tell the customers about your branding. It will only serve to have your customers remember who you are and what do we know. For Instance, You Might Want To Incorporate Earthy Colors And Natural Materials If Your Brand Embraces The Spectrum Of All Things Eco-Friendly And/Or Organic/src Not only will this draw in certain customers who look to purchase these types of products, but also it naturally expresses the brand-side values.
You can also take displays to the next level and create those that tell a story which will excite customers even further. If you are selling outfits for kids, then display images of delighted little ones using the clothes in exciting and also enjoyable surroundings. The reply promotes the clothes but also signals that your brand is a fun-loving, optimistic experience. Creating a story surrounding your products, makes it easier for customers to relate with you emotionally.
We have already seen that the power of retail displays with impulse buying actions can be exceptional. To further encourage impulse purchases via these displays, specials and promotions can be offered that are only available for a limited time. It could be, for instance – a display of a product that is going to work only temporarily. It gives a sense of urgency that this new limited edition is calling them to buy it right now, because there may be no second chance.
Cross-selling Strategies: Another way to increase the rate of impulse buying is by applying cross-selling techniques. E.g. if you are advertising a type of toy, then the ad could be made to showcase other toys or parts attached which pair well together with said toy This will prompt customers to purchase multiple items at a time, which ultimately increases your sales and profitability. You showcase how the products can complement each other, improve their shopping experience and increase the chance of your customers taking not just one but more than two deco items at home.
Retail displays provide one of the most exciting opportunities, because you can make them anything that a unique business needs. This can include displays in the shape of dog bones or cat trees at your pet store, filled with toys & treats. Not only does this attract animal fans, but it also gives you the feel of being in a marketplace. For example, if your store is a bookstore, design book-shaped displays that feature different genres or bestselling authors. This gives the customer a better shopping experience and helps customers find what they are looking for.
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