How to Maximise Impulse Sales in Time for the Payday Rush!
Payday is great for your business; the end of the month brings about a smorgasbord of customers ready to spend their hard-earned cash!
Your customers will be wanting to freshen up their wardrobe with a new look; upgrade their home with stylish new furniture or meet up with friends and benefit from retail therapy. So whilst your customers are in the mood to “spend, spend, spend!” make sure you “promote, promote, promote”.
Use discounted products to create sale opportunities that will bring your customers to the checkout; which is the perfect environment for up-selling!
Primark uses this principle very well. Simple black retractable barriers are used at the checkout to manage their queues where smaller, affordable products are displayed in dump bins to encourage customers to add further items to their baskets whilst waiting.
Dump bins that are designed to fit on top of barriers posts are perfect for catching the eye and making the most of the available space in this area, they not only look good but with an effective marketing strategy, they can have a large impact on your sales growth too.
Include an eye-level and impulse campaign to see your sales soar. This should consist of products that grab attention and relate to your hot spot (aisle end) areas to create hype and a need to have. Fill your bins and keep them full to show abundance, there is nothing worse than an empty shelf or bin, it only has a negative impact and always research your market for upcoming trends, themes and events.
Being ahead will allow you to plan your stock for the demand. For example if a holiday is on the horizon like Mothers’ day consider adding products which are likely to grab your customer attention as a quick fix gift.
Increase impulse sales and generate traffic with our marketing products, developed and designed by the sign & display solution experts at BHMA.
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