make magic for the holidays
DESCRIPTION
The holidays are our chance to shine. Whether your busy season falls during winter, spring, summer or fall, these tips are sure to lure shoppers all year long. This webinar covers seven vital tips for making the most of your holiday season, with an emphasis on merchandising, busy season planning and management. Specific “do it today” tips will be presented by a merchandising and management veteran. Your questions and idea-sharing are welcome and will make this fast paced webinar a valuable experience for all.TRANSCRIPT
Make Magic for the Holidays
Seven Tips forMaking the Season Shine
Store Experience Basics
• Everyone gets a warm welcome from identifiable staff
• Clean store, clear pathways, attractive displays
• Enough inventory for 90 days
• Attentive, informative staff
• Friendly, efficient process at cash wrap
• Packaging reflects identity and advertises store
• Everyone gets a warm good bye and is encouraged to return
1. Staff Training & Motivation
• Guide customers to displays
• Ask questions and listen
• Demonstrate how things work
• Staff must understand expectations
• Consider unexpected rewards
• Be serious and playful as needed
2. Develop Loyal Customers
• Develop a marketing calendar
• Events are an important draw—Must have advance planning
• Target audience: Stroller parties, senior day, teen evening
• Recruit influential ambassadors
• Outreach to concierges, business community
2. Develop Loyal Customers
• Frequent buyer cards
• Time sensitive promotions
• Cause oriented promotions
• Wish list
• “Random” discount rewards
3. Focus on Best Sellers
• 80% of revenue from 20% of products
• Make a 20% list and post for staff
• Display best sellers prominently
• Display and/or backstock multiples in store
• Consider pre wrapping best sellers
• Create displays by price range
• Create displays by gift recipient
4. Signage Rules!
• All the same color
• 2-3 consistent sizes
• Place upright. # 226-1257 Small Plexi Sign Holder– grandandbenedicts.com
• Signs include a reason to buy
• Store revenue supports museum
• Prices on products and signs
5. Use Your Reports
• To anticipate sales and order
• To restock continuously
• To re-merchandise
• Post your sales to beat your sales
• Make manual notes re: out of stocks, displays, windows, weather, conventions, exhibitions, events, staffing
6. Moving Slo-Mos
• Bundle them
• Create a surprise bag or box
• Create “attraction by association”
• “Shopping bag frenzy” promotion
• Develop a mark down policy and stick with it
• Set a regular time, place to offer markdowns
7. Put on Your Own Oxygen Mask
• Take care of yourself…
so you can take care of others.