Everything about retail has changed, but that’s not a bad thing. The needs and wants of customers have changed dramatically since the onset of the pandemic, and that brings opportunity for retailers. Social media, SMS, chat: all of these communication tools have changed how we interact with customers and how truly connected to them we can be. However, authentic, emotional connections with your brand can only happen when you’re willing to be what you promise your brand is. How do you create a memorable customer experience, and where does ASG and Chute Gerdeman fit into the new retail paradigm?
Connecting with Customer on an Emotional Level
To connect more fully with your customer, you need to know who they are now – because they’re not the same customers you knew before the pandemic. Think about all that your customers have been through – about the life-changing times we’re living in and how your customers have re-evaluated what’s important in their lives. From leaving unfulfilling jobs to recognizing the need for repairing family connections, your customers (like the rest of us) are redefining life on their terms. You have to find a way to be a part of their story going forward, and in order to do that, you need to talk about your brand in ways that connect.
Quit Trying to be Your Competitor
“Imitation is the sincerest form of flattery,” and while I agree that you should not reinvent the wheel when it comes to retail strategy, you do need to stay true to your brand and your brand’s mission and core beliefs. It is the only way your customers will trust you and continue to remain loyal to you. This often requires getting personal. From showcasing local artisans to seamlessly combining in-store and online experiences, you can personalize the experience for your customers.
Redefine the Role of the Store
Consumers are buying more online, partly due to the pandemic and partly due to convenience. The pandemic accelerated the adoption of ecommerce, but we were already headed that way (read my articles from 2016-2019). We’ve now reached the point of integrated retail, where – from the customer’s point of view – there is no difference between shopping online, in the store, through social media platforms, or by clicking a button during a TV show. It’s all the same to them, so you have to meet them where they are, meet their needs, and never make it difficult for them to switch from one access point to another.
So Where Do ASG and Chute Gerdeman Fit In?
Everything about your approach to retail is in need of analysis. You’ll be changing where you locate your stores and how you design them. You’ll need to understand and measure the impact of your ecommerce and social media sales and how that impacts where you’ll locate stores, which ones you’ll close, and which ones you’ll invest in. Most retailers will need to deliver 20-30% improvement in store productivity to compensate for channel shift. Working with ASG and Chute Gerdeman can help you make the most informed strategic decisions.