All Hail Master Card and Lady Visa You can’t be in retailing today without taking credit cards, even if you’re selling Renaissance clothing and accessories. The percentage of our store’s sales paid for in plastic has risen dramatically since the start of our business. — and so have the charges we pay to have these credit card sales processed. Many of us… Read More
Ask for the Money “Self service means no service,” as I wrote in last week’s blog. We all know what kind of service we hope to offer our customers through our friendly, sales personnel well-versed in the benefits of every product we sell. Certainly Ron Popeil, who you may know as the king of television marketing, is friendly and… Read More
Giving Thanks This Friday has been termed “Black Friday” by the media, because of the idea that this one day’s sales are so important that they put major retailers in the black. That doesn’t tend to be true for independent retailers, who miss out on the feeding frenzy of shoppers flocking to the malls and big box… Read More
Typical, Typical I usually advise retailers looking for merchandising to imagine their typical customer walking through the front door of the shop. Is the shopper male or female? Under 20, over 40, or perhaps over 60? What income level does the customer fit into? This exercise helps you select items that have the right sense of style,… Read More
Many Happy Returns My second day in retailing was terrible. The customer who bought a Danish chair (back then we sold furniture) on our first day returned it, resulting in a negative sales figure for day number two. I was devastated. Since that time I’ve learned that returns are just a part of the retail landscape, and if… Read More
Ready or Not, Here Comes Christmas! Now that the last trick-or-treaters have long since headed home, with visions of candy corn dancing through their heads, it’s time for visions of sugarplums to start taking their place. For many specialty retailers, the start of November means the start of the holiday season. You need to be thinking of the holidays now even… Read More
We Can All Use a Little Shoptimism As we head into the holiday season, we need to have faith in the fact that shoppers will soon be coming into our stores, money in hand, to make our cash registers jingle happily with sale after sale. (I’ve been in retailing since back when registers actually did ring when the cash drawer opened, but… Read More
Welcoming Shoppers’ Children Shoppers with dogs may be willing to leave them outside while they browse in your store, especially if you provide a bowl of water and a place to tie the leash. But shoppers with children are going to bring them in. Ready or not, here they come! The shopping experience will be more pleasant for… Read More
Bienvenido Bienvenido The most important welcome sign you hang in front of your store may not say “welcome.” According to the 2008 census figures, about 18% of all U.S. residents speak a language other than English at home. And that does’t take into account foreign visitors who are in the U.S. for business or pleasure. But… Read More
Free Ice Cream on Facebook How are you using your Facebook fan page? Starbucks recently used theirs to send out free ice cream, according to Springwise. Sounds messy, but it turns out that the promotion was actually for a coupon entitling several hundred fans to a free pint. The promotion was set up so that a certain number of coupons… Read More