Remember
promise of Internet retail, where you could access a world wide audience and offer thousands of products at incredibly low costs?Now read
sentence above and picture in your mind exactly what this means. Can you put a face on a world wide audience? Can you see thousands of products, or just thousands of boxes stacked high in a warehouse?
Even if you can, your customers cannot. It is proven. Offering thousands of products to faceless people yields no sales. Now look around
Internet and guess what you find? Perfectly intelligent people are making
same mistakes over and over, then blame
Internet for their lack of sales.
As
old saying goes, those who don’t learn from
past keep repeating
same mistakes. This is part of
confusion of Internet retail and it is also
key to your opportunity. Consider
experience of a retail store, how it is designed to introduce
customer to
products and how this can benefit you.
==== Give Them One Product and a Comfortable Place to View It ====
If you have ever been shopping for apparel in
United States, then you already understand
design of an effective retail system. For years retailers have been testing
placement of products, where to put
best pulling products and how to introduce you to
overall purchase.
For example, take
experience upon entering an apparel store. Usually you have about 5-10 feet of open space after entering
door, like a walkway to
store, immediately available before you start seeing products. For years retailers tried to pack products into this entry point, figuring that people would want to buy most upon entering.
Now you have an open entry point with one specific product line. Here’s why: 1. Retailers discovered that customers entering
door were in need of relaxation. Coming from a busy highway or parking lot, rushing around with friends and family,
customer simply needed some time to orient themselves. The open path is a place to greet
customer, not overwhelm them.
2. Customers who did stop and look were disturbed by other customers brushing up against them, talking, and speeding by. It was like shopping in a busy tunnel; all
noise and commotion irritated people.
3. Retailers discovered that placing one product line at
end of this entry path helped introduce
customer to
buying process with a suggestive lead item. For example, I go to Men’s Wearhouse to buy a suit. Upon entering
door I have my open entry point, and at
end are a selection of ties. Ties are
lead product for
entire suit; if I see a tie I like,
salesman can then guide me to
suit that fits that tie. Or if they offer a pair of shoes, we can then proceed to tailor
entire suit to those shoes. The entry point gives
customer a place to start
buying process, introduced by small, low price products (i.e., lead items) which they like.