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Tail of Retail
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By
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Sarv Daman Vij
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- Give credit cards to your premium customers for
shopping against some rewards points/ cash back schemes on ever purchases.
- Free home delivery service for oldies and handicapped
customers.
- Exclusive lines at cash counter for Oldies/ children
and handicapped customers.
- Special gifts for children of some specific age group.
- Try to place all age merchandise at same place or next
to each other. E.g. Kids clothing with women and men. Retailers can
arrange like this order- Kids-women-men, here psychological factor shall
work. Kids will pull their moms to buy their clothes; ultimately, women
shall start looking some collections for themselves, as per my own observed
personal experience women tend to buy something or other from their every
visit they pay at stores. Women shall pull the men to select something for
them. Eventually all three end up buying for each of them. It is a win-win
situation for retailer and consumer. Moreover, it is also a psychological
chain to attract customers.
- Finally, treat them politely with respect, No matter,
how wired the question is.
Understand that employing any above mentioned resorts needs
lots of patience, money, and strategy. Remember; in time of recession and
competition, attaching emotionally is an imperative need to win the game.
However these kinds of services are available with lot of
big stores, like Wal-mart, The Bay, Sears, A progressive need to employ these
resorts is paramount need to retail industry.
About the Author
The author is student of Post Graduate in International
Business at George Brown College, Canada.
The author
expresses his views on the Tail of Retail
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