Jewelers Mutual Releases Tips for Maximizing Store Holiday ExperienceDecember 06, 17
The following press release was received from the Jewelers Mutual Insurance Group:
We’ve all heard the catch phrase “don’t sweat the small stuff”, but in retail nothing could be further from the truth, especially this holiday season. Facing the busiest time of year and increased traffic, it’s easy to overlook what might be the most important brand initiative — the store experience.
The store experience is more important than ever. According to a 2016 report by Forrester Research, the brands that offer exceptional customer experiences bring in 5.7 times more revenue than their competitors.
As a luxury retailer, the expectation of exceptional service is even greater to today’s consumer. It is the experience that will get customers talking about you.
In an age where everyone can comment, like and share online, outstanding customer service defines your brand. It is the biggest differentiator and plays a key role in making this holiday season the most successful ever.
What can you do as a retailer to “wow” your customer in your store this holiday? Here are five tips:
- Have a robust website.
Although not an experience your customers will have in your store, a great website visit is an integral part of the purchase journey.
According to a survey conducted by Retail Dive, more than 65% of consumers conduct online product research before stepping foot in any store. But, there is good news for retail jewelers. In a survey by TimeTrade, 85% of U.S. consumers prefer to buy in a physical store even if they can purchase the same product online.
- Be personal.
You’re not just selling a product; you’re selling something your customers loved one will treasure. Get to know the person across the counter and make a connection. To do this well, you need to make sure your staff is adequately trained. Providing outstanding customer service is the key to an enhanced store experience. Exceptional product knowledge instills confidence and provides the value of shopping with a local independent.
Beyond product knowledge, speak to them about services they may not be familiar with such as how to care for their jewelry. Include a complimentary Pearls of Wisdom brochure from Jewelers Mutual Insurance Group, which explains how to care for their jewelry. You can order free copies for your store by visiting http://info.jewelersmutual.com/order-jeweler-resources.
Explain your store benefits and mention the importance of insuring their new purchase.
- Do something unexpected.
Consider an inexpensive gift to give the customer as your holiday gift to them. Surprise them with the gift at your point of sale while the one they purchased is being wrapped.
Send cookies or a special treat to your top 100 customers.
During some of your busiest days and times, hire carolers to sing in your store to get everyone in the holiday mood.
Have a store (non-alcoholic) signature drink offered to every customer. Perhaps this is served in an engraved glass everyone can keep. Something special will be memorable.
- Make sure you are adequately staffed.
The key to a great store experience is to understand and respect your customers’ time. People want convenience.
Consider hiring temporary help during those busy last few weeks. Temporary help can be in charge of gift-wrapping; serving your customers a drink or snack; ringing up the sale; everything needed to ensure your customer isn’t waiting any longer than they should and is being tended to in a manner you would like yourself.
Remember, even if they aren’t directly involved in selling or bench work, everyone at your business should be properly trained on safety and security best practices.
- Remember them after the sale.
December is busy, but when traffic slows down a little in early January, every customer should receive a hand-written thank you note. If you are an owner, send a hand-signed letter welcoming them to your “family”.
In a world of everything digital, something hand-written will be noticed and appreciated. Mark Devereaux, vice president of Sales for Jewelers Mutual, weighed in on the subject. “It’s time to recalibrate and reset expectations as we move into the new era of retail. Retail jewelers are in an enviable position,” stated Devereaux. “Jewelers sell emotion and something that will be treasured long after the sale. Couple that with an exceptional customer experience, and that’s the recipe for a successful holiday season,” he added.