AVOID SLASHING PRICES THIS HOLIDAY SEASON

You may be gearing up for the holiday season and wondering how you can attract more customers than your competition. You don’t necessarily have to slash your prices to get ahead of the game. There are plenty of things that customers are looking for that do not include deep discounts. It is up to you to help customers determine what they want and how much they want to pay for it. This doesn’t mean that you have to lay it on thick with sales pitches. It simply means that you need to pay close enough attention to details that you will give customers the perception of the price they are willing to pay.

Your general customer around the holidays may be looking for good deals. So, ask yourself what “a good deal” is. It doesn’t necessarily mean that the product is at the lowest price they’ve ever seen. If they were only looking for the lowest price possible, they would have already gone online at 3:00 in the morning to bid on the item from an auction site.

They are shopping in your store to get a good feel for what the product is all about. It’s not easy to get a secure feeling about the quality and craftsmanship of a product when you’re looking at a two dimensional product online. This is why web sites spend big bucks creating three dimensional views that can be enlarged to show more detail.

So, consider your advantage here. You have the product in your store. Now the goal is to convince the customer that the product that you carry is worth the price that you’re asking. Not only that, but that it is “a good deal” by virtue of the fact that the quality is undeniable. The customer can look, touch, feel, hold, test, and try out products in your boutique or retail store. Testing the product with their senses helps customers to make an educated decision about what they’re willing to pay.

Your goal is to get them to feel confident enough to pay the price that you want. Many things can influence what a customer thinks when they’re inside of a store. Just assume that everyone is coming in skeptical. They’re making snap judgments with every glance and touch. Their ability to quickly deduce how they feel from their first impression of your store is something that you need to cater to.

Make the customer immediately comfortable with everything that they see. Exhibit quality from your entrance to your dressing room, so that nothing throws them off of their positive path of assumption. Make sure that they don’t feel cramped by spreading out your garment racks and retail displays. Avoid harsh lighting and only use spotlights to deter shoplifting and showcase certain products. You don’t want someone to be able to take cover by reaching into agarment rack to slip something into their purse, but you do not want to put them on edge and make them distrustful of your store.

Work on your presentation, quality displays, neatness, and customer service to ensure that this holiday season will be a successful one.

About the Author: John Garvey is on the staff of Only Garment Racks, a leading online source of garment racks including clothing racks. Find a high quality garment rack or clothing rack at http://www.onlygarmentracks.com.