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March 13, 2007

Buy it. Now!

"Hi! great weather were having huh?" said the Best Buy associate, an excellent intro line (more on that here), I responded nicely and told her what I was looking for. Her response shocked me. "Oh, you walked right past it, they are up front, as you walk in." Giving her a look of amazement I turned and walked up front. Sure enough there was the 007 display.

I totally missed it.

I missed it because I was programmed in the "old school" way of merchandising. You know what I am talking about, stick the stuff everyone wants in the back and make them walk through everything else you are trying to sell to get to it. The hopes of course are to sell the everything else to the customer along with what they want. In case your wondering, that is why the milk and meat are in the back of the grocery store.

But Best Buy didn't do that. They put what I wanted up front. Puzzled? I was, then I thought about it for a bit...

Hmm...
placing a product, like a recently released movie, up front DOES a better job of customer service to ALL of your customers than any associate could do. That's it!
It has to do with these three little words--transfer of ownership.

What ToO means to your customer base:

  • New customers: walk in, find it, and grab it. At this point they could walk out and in their amazement they would remember how EASY it was to buy at your store. If they were looking for something else, they could pick up and walk around with it, thereby increasing the likelihood of an additional purchase (transfer of ownership).

  • Returning customers: walk in, and buy it, without having to walk around the store creating clutter for associates who are trying to sell to new customers.
Transfer of ownership? What?
Think back to the last time you purchased a pair of shoes, what did the salesperson do? (Assuming they were good.) When they came out with your shoes, they probably had more than one pair. after opening the pair that you wanted, they handed you a shoe, then laced the other shoe to put on your foot. What did you do when they handed you the shoe? I bet you admired the shoe, you thought about how cool and enviable you would be with these shoes. You didn't look at the construction of the shoe, but thought of how envious others will be because you have these shoes. The salesperson didn't say that, you did. And you are your own best salesperson.

So how does this relate to 007 being up front?
Best Buy, in their infinite wisdom, gave themselves the ability to transfer ownership of the movie to you right when you entered. Now that the movie is in your hands and the money has already been spent in your mind, you can look around for whatever else you may want.

Kudos Best Buy! This isn't a new technique, but its ideas like this that will continue to change the retail environment and the way a customer shops!


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