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Missed Opportunities
5/16/2011 1:56:34 PM

A new puppy!  So what does a new Great Dane puppy need?  He needs “just the right” dog food.  So off to the new neighborhood store that carries that “just right” dog food.

When we walked in, we were greeted by the owner who offered his assistance.  Once we told him what we were looking for and of the course the proud new parents told him about the new puppy, he led us to the brand of dog food we were searching for and then carried our purchase to the cash stand.  After paying for our purchase, he thanked us, offered to take our purchase to our car and even gave us a sample bag of treats.  In all, it was a very pleasant experience.

However ….

Being totally dedicated to retail customer service and the business of retailing, I was a little unnerved by the many missed opportunities to sell or introduce additional items that will be needed.

The number one missed opportunity was not using the information given to him to suggest bowls, treats, toys, care products, etc for a new puppy.  When in a small business, especially a specialized retail environment, it is paramount not to miss any chance to sell additional items now or in the near future.  Since our puppy is a Great Dane - not a particular common breed in a large city, you should be ready to offer any assistance for helping to find items that are large enough and suitable for the breed.  Again, this is very important if you are already dedicated to servicing your customers.

Another opportunity that was missed was creating an inviting and well organized store.   Since the store was small and full of different products all in small quantities, I left the store without really knowing what they sold.  It was too pushed together to look at and comprehend.  If the intent is to carry a wide selection of products and you have space constraints, arrange the products on the shelves to create ‘sections’ for dog, cat, etc and dividing those sections vertically with subsections.  One subsection should be of uniformed or similarly shaped items such as dry dog food, then a subsection of items that are not uniform or similar in shape (such as bowls, toys, etc.) and followed by a another section uniformed items such as canned food.  This will give your customers recognizable organization while allowing for some visual excitement and cross merchandising.

Importantly, there was no ability to ‘wow’ customers with table or end cap displays.  All the fixtures were shelves except the cash stand.  By not having anywhere to create displays robs a retailer the opportunity to feature new products, promote sale or clearance merchandise or give the customer the knowledge that the store has a large selection.

No one missed opportunity will cause a business’ demise, but every customer needs to know what you are offering when they leave (great selection and service) so that they will want to come back again & again and better yet, tell their friends and family about this wonderful store they found.

Summer Doldrums
4/26/2011 4:04:39 PM

Once Mother’s Day has come and gone, it is the beginning of the summer doldrums for most retailers, brick and mortar or e-commerce.  During this slow period it is the perfect time to start planning for the upcoming fall holiday season or better yet, implement changes in the store whether it is your website, pos system, phone system, physical changes to the store floor plan, finally dive into social media or whatever projects you have been putting off.  Of course there is never really a perfect time, but with planning, you can accomplish much.

It is during this time, you can finally dedicate your time and resources to improving your business for a less hectic season operationally and dedicate more of your time to making sales and building your customer relationships.  This will give the opportunity to work out any glitches that may arise and any new procedures so that you and your staff are ready for the selling season. 

If you are not ready to make any operational changes, you can still use this time to plan out how you will approach the fall holiday season.  The plans may include how you will market yourself to your existing customers, finding ways to attract new customers, plan your arrival times for incoming stock, take stock of what sells during the season and plan accordingly, plan promotions, etc.  You also need to keep in mind what you are going to do once the holiday rush has subsided and how you will prepare for the next season.  With a little planning, you can be proactive instead of being reactive to the season.

Use the summer doldrums to your advantage to start planning or making changes so you are ready for the fall season.  Most importantly, be flexible and remember that your customers are the first priority.

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