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Upselling

3 Pro Tips That Show Why Your Retail Space Needs an Effective Signage Package

Why Your Retail Space Needs an Effective Signage Package

The importance of an effective signage package cannot be overstated. According to a survey by Ketchum Research and Analytics, 76 percent of consumers have chosen to enter a store they had never visited before based purely on its signage. Perhaps more importantly, 68 percent of customers admit to having made product purchases after a sign caught their eye.

When considering the effect of signage on your retail space, it is good to remember the ABC's. Effective signage:

  • Attracts new customers
  • Brands your retail space in the minds of customers
  • Creates increased impulse sales

Attracting New Customers

First and foremost, your signage outside and inside your retail space should be designed to draw the eye of passing customers. While it may be difficult to afford a massive marketing campaign to garner customer attention, well-designed signage is both affordable and effective. Unlike other forms of advertising, signage works for you 24/7, piquing customer interest in your products and driving traffic into your store.

Branding Your Retail Space

If your company has a trademark or logo, your signage should contain its image both outside and inside the store. Repeating text and images throughout your store via signage keeps your brand in the minds of your customers. The more consistent your signage is, the better your customers will remember the uniqueness of your retail space. Use your signage to make your brand more visible, more recognizable, and more conspicuous.

Creating Impulse Sales

Studies of retail shopping behaviors indicate that 68 percent of purchases were unplanned during major shopping trips and 54 percent on smaller shopping trips. Clearly, impulse sales account for a large percentage of total sales for a retailer.

Effective signage encourages impulse purchases by drawing the consumer's attention to the areas of your store that you want them to see. An attractive sign is both memorable and enticing. According to the Ketchum study, 68 percent of customers believe that a store's signage is a reliable indicator of the company's products or services. 

What does this mean for retailers? Simply put, your signage establishes your reputation with your customers, at least partially. Customers tend to believe that a company with a poorly designed or unattractive sign is likely to offer an inferior product or unprofessional service.

Location, Location, Location

Effective signage works not only on the outside of the store to bring customers in, but also on the inside of the store as well. In-store signs introduce customers to special products, promote sales, and give customers the information they need to make a purchasing decision on the spot. In-store signage coordinates your brand message throughout the customer browsing experience.

How to Make Your Signage Stand Out

To make the most of your signage, it is important to ensure that it meets the following criteria:

  1. Quality production: The days of hand-written, misspelled signs is definitely over. Modern consumers expect quality signage.
  2. Simple color scheme: While you want your signage to catch the eye, you do not want it to assault the eye.
  3. Easy to read: If customers cannot easily decipher the text and images on your signage, it will lose its effect quickly.
  4. Simplicity of message: Your message should be short and sweet. Longer messages slow down a customer and make impulse shopping less likely.
  5. Proper placement: Your signs should be placed in the areas you want your customers to browse. However, signs should never be placed in such a way that customer traffic is impeded, or merchandise is blocked.

If you follow these general guidelines, your signage will drive traffic to your retail space and promote sales. If you would welcome additional information about how to make your retail space all it can be, please contact us. We will be glad to work with you to promote your store in the best way possible.

3 Reasons Why Using Mannequins in Retail Increases Sales Between 10-35 Percent

3 Reasons Why Using Mannequins in Retail Increases Sales Between 10-35 Percent

Mannequins in Marketing: Major Money-Makers for Merchandisers

In the world of fashion merchandising, the number one rule is: The better it is displayed, the better it will sell.

Nowhere is this more obvious than with the use of mannequins in your retail store. Research indicates that apparel sales increase with the use of mannequins by anywhere from 10 to 35 percent, making mannequins one of the best investments you can make for your store.

But why do mannequins work so well? The answers are many, but consider just a few:

1) Mannequins offer your customers a three-dimensional view.

Many customers may have trouble visualizing how an article of clothing will look in real life if it is simply displayed on a hanger. This is particularly true in the case of clothing for women. For instance, mannequins offer an easily relatable view of the positioning of necklines and hemlines.

2) Mannequins create eye appeal and visual interest.

Because clothing displayed on a mannequin stands out from a rack of similarly fashioned apparel, it triggers an emotional purchase response. Some fashion merchandising experts believe this response occurs in as little as seven seconds. At its best, merchandising aims to evoke such an emotional response. When customers engage on an emotional level, sales increase exponentially.

3) Mannequins promote easy upselling opportunities.

Mannequins make it easy to demonstrate entire outfits rather than simply single items of clothing. Adding accessories like jewelry, belts, shoes, and handbags encourages shoppers to make additional purchases. If you’re in the sportswear world, adding things such as gloves, hats, reflective pieces or water bottles would be a great way to increase your add on sales. Combining multiple store items in this way allows a customer to envision more clearly a completed outfit. Even mannequins included on wall displays can work for this purpose if apparel is layered or accessorized properly.

The Bottom Line

Mannequins are unique in their ability to engage customers. They provide strong visual appeal, and trigger an emotional purchase response. Increasing sales by as much as 35 percent, they are an investment worth every penny.