Skip to main content

Are you creating stickiness in your shop?

Shopkeepers should stop complaining about competition from the internet and look to it for ideas, Sarah Curran, founder of my-wardrobe.com, says in her latest FT column.

"I remember vividly a retailers' conference in Dusseldorf, which was filled with many of the UK's leading high street names. The buzzword was 'the customer'. I wondered what their priority was before that," she says provocatively.

Ms Curran started her business with a boutique in London's Crouch End. I knew who my customer was, she says, because I was the customer and I knew the retail experience I expected. But moving on-line in 2006 she had to work out how to replace face-to-face contact.

On-line retailers have to create "stickiness" so that the experience is engaging. They do this by using aspirational photoshoots, editorial features and video content. The internet and social media offer many exciting ways of doing this.

In contrast the high street can "often seem flat", Ms Curran says. "Bland, stark and poorly lit changing rooms are not the right surroundings..." "Dreadful queues just make matters worse."

Local retailers should read this column for two reasons:
1. It may provoke you into improving your shop and the customer experience you offer.
2. It may give you an idea how you can build an on-line business - or use social media to complement what you already do.

The main thing is to avoid thinking that it can't happen to my business or that top-up grocery shopping, on-the-go treats and eating, or picking up a newspaper is not under threat from imaginative start ups working in the virtual world. Because one day soon, it just might happen.

Comments

Popular posts from this blog

Digital disruption in the UK wholesale space

“Twenty years ago I was driving boxes to the post office in my Chevy Blazer and dreaming of a forklift,” says Jeff Bezos in his most recent letter to shareholders. A blink later and he points out that the company has grown from 30,000 employees in 2010 to 230,000 now. But his ambition is the same. “We want to be a large company that’s also an invention machine. We want to combine the extraordinary customer-serving capabilities that are enabled by size with the speed of movement, nimbleness and risk-acceptance mentality that is normally associated with entrepreneurial start-ups.” Amazon is great at disruption because of its customers focus and the fact that the internet means it needs none (or very few) people between its warehouses and the shopper. The threat of Prime, its membership service, is the biggest challenge facing the UK retail market and the wholesale market by extension. It is both a direct threat and an indirect threat in that is inspiring countless numbers of othe...

Five things to learn from Waitrose

Interim results from Waitrose this week confirm the industry figures that show the upmarket supermarkets and convenience stores are leading the market (albeit from a 4.2% share according to Kantar Worldpanel). Charlie Mayfield, the chairman, highlights many reasons for its success and here are five that local retailers should consider. Marketing works. Waitrose claims that more than 370,000 extra customer transactions resulted from its spring tie-up with Delia Smith and Heston Blumenthal in the first eight weeks. This autumn, it launches a cookery school. Engaged shoppers are more profitable shoppers! You need a value offering. 17 per cent of Waitrose sales are from its value range, called essentials. Momentum works. Its strategy is to bring Waitrose to more people in more places. It invested in 75,000 square feet of extra selling space in the first half of this year, including three convenience stores. In the second half of the year, it is adding eight convenience stores. Str...

The secrets of persuasion: No short cuts.

The best moment in my interview with Terri Sjodin, who teaches many of the world’s top corporations how to sell persuasively, is when she smiles at me and asks to hear my “elevator speech".   My mind literally goes blank. The author of Small Message, Big Impact , her new book on how to craft powerful messages that persuade people to listen to you, has thrown the gauntlet at me. There was nowhere to hide. I had just told her how I had used her book to write out my three minute speech to open the Local Shop Summit. She listened patiently to my pitch, thought for a moment, and said: “I bet you had an illustration in your mind of an independent who really capitalised on your ideas and has taken them to the bank.” I could swear she was reading my mind. I blushed and nodded. “So you should open with this story,” she said. “Start out by saying: ‘Let me open the conference by telling you a great story with a happy ending.’ So the audience will say to themselves: ‘He is goi...