The document discusses the presentation and design of retail stores. It covers topics like store layout, merchandise presentation, creating effective displays, and the need for visual merchandising. The goal is to attract customers, increase sales, and enhance the shopping experience. Key aspects include lighting, signage, window displays, shelving, and using engaging colors and decor to appeal to customers. Effective retail design is important for profitable retail operations.
The document discusses the presentation and design of retail stores. It covers topics like store layout, merchandise presentation, creating effective displays, and the need for visual merchandising. The goal is to attract customers, increase sales, and enhance the shopping experience. Key aspects include lighting, signage, window displays, shelving, and using engaging colors and decor to appeal to customers. Effective retail design is important for profitable retail operations.
The document discusses the presentation and design of retail stores. It covers topics like store layout, merchandise presentation, creating effective displays, and the need for visual merchandising. The goal is to attract customers, increase sales, and enhance the shopping experience. Key aspects include lighting, signage, window displays, shelving, and using engaging colors and decor to appeal to customers. Effective retail design is important for profitable retail operations.
Let’s begin your lessons by discussing presentation and marketing design of Retail store. Welcome to module 3, The retail mix is the combination of business attributes in several key areas, including location, product mix, store layout, and design, communication and customer service. In general, companies operate in standalone stores or in enclosed malls. Store layout and design includes setup of your stores, the visual presentation and product placement. Each retail store needs to address basic strategy concepts, monitor customer response to any strategies used, and make changes that improve sales. Let’s have fun, learning this module! Module Objectives/Outcomes
At the end of the modules the student will be
able to: Discuss the presentation of retail store; Explain the strategy for creating attractive retail display. Analyse the retail design and shop fitting. Lessons in the module
Lessons contained in a module no. 3 includes the
following: Lesson 1: Presentation of retail store Lesson 2: Retail design and shop fitting Lesson 3: Online Retailing Learning Outcome
At the end of the lesson, you should be able to:
discuss the presentation of retail store; explain the strategy for creating attractive retail display. analyse the need of visual merchandising in retailing. Introduction Retailing is a major business format in which you sell goods and services directly to end consumers. While the types of retail providers are virtually limitless, several common principles contribute to successful development of a profitable retail business. The approach a retailer takes in applying these core principles impacts the nature of the operation. ABSTRACTION Presentation of retail store The presentation will cover topics such as merchandise presentation, creating effective retail display and need of visual merchandising. Merchandising is a major business process for retailers, it includes buying, inventory planning and management, and visual presentation in stores. Merchandise Presentation in retail store Today’s successful retailer is the one making the most profitable use of every square foot of available space in the store. Because space is costly, you need to have a strategy for its use. Strategic floor patterns, location of merchandise, amounts of merchandise and appropriate displays are all key factors to consider. Layout generally consists of three areas: The Store arrangement Classification of particular products; and The allocation of space
For most retailers, the allocation of space to a
particular product is usually based on how profitable the product is. Presenting the Merchandise In basic terms, merchandising presentation is a design strategy that involves placing merchandise in a neat and organized manner to make it easy for the customer shop. While merchandising presentation is not meant to be boring, it is also not designed to be main attraction in the store. Its main purpose is to enhance the shopping experience by making wanted products easy to locate. These are as follows: Housekeeping Somebody said that “cleanliness is next to godliness”. A dirty, haphazard store convey the message that the store has lost interest and is not serious about its future and customers. The cleaner the store, the more pleasant the shopping experience will be for the customer. Remember this cleanliness drive should be on regular basis. Lightning Lightning attracts maximum attention and highlights items for display. Researches prove that proper lighting can increase retail sales by up to twenty percent. Music Music these days is n essential element in store. Be it food retailing, grocery or luxury retailing, the importance of music cannot be ignored. But while playing music in stores, be careful to play the kind of music that reflects both the products you sell and the type of clientele that you hope to attract. Signage It is the silent salesperson for your business. It costs little but has innumerable benefits. Researches have shown that as much as seventy five percent of all the retail sales are generated at the point of purchase by signage, displays and events within the store. Windows Widow in each store is not only desirable but is of utmost importance. Being a retailer, you must think of your windows as an idyllic way to attract new and existing customer. You can use them for: sales promotions, image building, seasonal changes, new arrivals latest trends and to showcase high demand items. Window displays should be changed frequently so as to avoid becoming stale and easy to ignore. Shelving and Displays High margin and profit items get the best space. Research show that eye level and just slightly below is the best shelves to sell from. Creating Effective retail displays Retail displays are a strategic aspect of your business that can help attract customers, retain interest, and increase sales. Effective retail displays attract potential customers to your store. When you’re designing display’s choose engaging colors, décor and stock managements. Good displays appeal to both the head and the heart of your customer. Need of visual merchandising Visual merchandising, on the other hand, is more on grabbing attention. The goal of visual merchandising is to show customers why they need a certain product, how to use product, or how multiple pieces of merchandise can be used together. Examples include window displays, mannequin displays and feature end display. The end result is to draw the attention to specific merchandise a customer may have otherwise overlooked, and entice them to make one or multiple purchases.