The Retail Landscape Has Changed – Is Your Business Ready for the Challenge?
With the pandemic overwhelming us in every aspect, retailers are forced to think on their toes of ways to beat the new demands from the consumer base.
Most vigilant customers are switching to online shopping and contactless payments. If small scale retailers aren’t offering these options, they’re likely to shift loyalty to another business. So, it’s evident that sellers really do need to think of creative ways to offer safer shopping choices to the public if they are to stay ahead of their game.
So, here’s how you can seamlessly adapt to the revolutionized retail landscape and still win.
Rethink Marketing
peshkova/depositphotos: Changing marketing strategies will make a huge difference
With limited physical interaction and most stores closed up, it’s important to make your presence known in other ways. The best answer to tackle this would be ‘social media.’
Instagram adverts, videos promoting products and services, or even posting free tutorials for your specific subject matter, are all great ways of boosting interaction.
More and more outlets are selling items through ‘stories’ connected to direct messages, making it hassle-free for both parties. With more functional and trustworthy online payment portals, checkout through social media is a breeze as well.
Explore More Ways to Fulfill Needs
gvictoria/depositphotos: Find new ways for fulfillment
Businesses that are facing a distribution/delivery crisis can opt for the BOPIS (buy online, pick up in-store) model. If delivery can be arranged, this is the best time to make the switch.
As consumers want minimum exposure to the public, home deliveries are undoubtedly the most preferred shopping method. Curbside pick-up is also a great option to offer if the customer is in urgent need of the product.
Offer Appointment-Based Shopping Slots
For businesses that really need the physical presence to make a sale, like a furniture store, a plant house, or other service providers; adhering to social distancing guidelines can mean a huge loss. But there’s a genius way around it.
Offering the option to reserve slots to visit the store, and limiting the number of customers for each time slot, can significantly reduce foot traffic on the shop floor. It would make the client feel safer and more valued too.
Offer Contactless Payment Methods
The world has changed, so should your payment methods
The other major concern the public has is using contaminated cash. Offering hassle-free, online payment methods would effectively eliminate this fear and take the public’s hesitation away when shopping.
This not only helps customers but safeguard your employees as well. Most studies have found that buyers are hesitant to even sign at checkout, so offering to skip these touch-points can significantly help boost sales.
As the economy is slowly reopening, these changes in business operations could guarantee that concerned consumers will not overlook it. So, adapt and conquer!
More in Business
-
`
The Top 6 Richest Musicians of All Time
Julio Iglesias – $600 Million A name synonymous with romantic ballads, Julio Iglesias is one of the richest musicians of all...
July 25, 2024 -
`
How Many Stock Trading Days Are There in a Year?
Ever wondered how many stock trading days in a year? For those planning their investment strategies, knowing this can be crucial....
July 16, 2024 -
`
Is Volvo a Luxury Brand? Here’s What Sets The Automaker Apart
Have you ever cruised down the highway and admired a car that exudes a quiet confidence, a refined elegance that sets...
July 9, 2024 -
`
Is Robotics A Sport? Here’s Why It Should Be
Is robotics a sport? This question has sparked debates across the globe. But it is about time we seriously consider it....
July 5, 2024 -
`
Is Gwyneth Paltrow Jewish?
In the vibrant tapestry of Hollywood’s diverse cultural backgrounds, Gwyneth Paltrow stands out with her unique blend of heritage and faith....
June 25, 2024 -
`
Why the WNBA Has a Long Way to Go to Generate ‘Reliable’ Revenue
The WNBA has made significant strides in recent years, but generating reliable revenue remains a challenge. Caitlin Clark, the Indiana Fever’s...
June 19, 2024 -
`
12 Most Luxurious Cars in the World to Consider Buying in 2024
The automotive industry continuously pushes the boundaries of luxury, and 2024 is no exception. This year, the most luxurious cars blend...
June 13, 2024 -
`
A Quick Step-By-Step Guide on How to Use ChatGPT
In an era where artificial intelligence transforms daily interactions, understanding tools like ChatGPT not only enhances productivity but also bridges the...
June 7, 2024 -
`
Who Won the Rap Beef? Kendrick Lamar vs Drake
The year 2023 witnessed an epic clash between two titans of the hip-hop realm, Kendrick Lamar and Drake. Their long-simmering feud...
May 29, 2024
You must be logged in to post a comment Login