Visual merchandising has long been a tried
and true strategy for garnering consumer attention and interest – and for good
reason. Studies continue to show that mass merchants benefit significantly from
promotional displays in high impact areas, and as a result, those Canadian
retailers that strive to influence buyer behaviour through effective displays
are the ones that see results. It is no secret that customers make many of
their purchases based on their reactions to how they are displayed and
promoted.
By displaying merchandise in a way that
appeals to the consumer, making it not only accessible but also attractive,
retailers can easily increase sales and improve profit margins. Taking
advantage of strategies such as colour psychology (using colours to encourage
and promote certain feelings) or using nostalgia through visual stories to
illicit memories and pull on those heartstrings can be a great step in the
right direction.
Staging is also really important. Placing a
display in the right location, whether that be at the cash register or in an
aisle where the product is normally stocked, can make the difference between
sales and drops. And making sure that displays are well stocked, always,
ensures that the work you did to develop such a display does not go to waste.
Important tips: never let displays become
static. A lot of what comes from an impressive and thought-provoking visual
merchandising display comes from its freshness. A new display will not be
passed easily, whereas one that has remained stagnant, in the same spot, month
after month, will likely not even get a second look. Make sure that you are
constantly updating your promotional displays.
Also, try to keep a focus or theme evident.
Grouping a large number of products together can mean a message is lost in the
shuffle. In contrast, displaying one product or a small family of very similar
products helps to keep that focus fixed, or can lead to multiple purchases.
If we go one further, seasonal
displays can have a major impact on consumer buying behaviour. Taking advantage
of the season can influence consumers to consider a purchase that perhaps may
not have crossed their mind beforehand. These last minute buys can be huge when
it comes to your bottom line.
For more about visual merchandising,
especially during the busy holiday season, contact Storesupport Canada today.
We’ve got the experience with creating mass displays that attract attention and
increase your sales. Please call us at 905.847.6513.
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