Pulse August 2019 | Page 51

keep central shelving at counter-height to give your retail space an airy feel. 1. Aange Your Space Deliberately do you want them to feel? How do consider how they merchandise their you and your staff make them feel? products; try to glean insights into First, you must find and create a what might translate for you. In There are many ways to look at a feeling that is right for you, the space cosmetics, one of the most successful retail space and, broadly, the retail available and your business. companies out there is Sephora. Did experience. However, I think the most To create your ideal feeling, think you know that one of the most important consideration to start with about what you can improve on. It’s profitable parts of their store is the is what the customer sees from the always good to have a model of sorts, checkout queue? As you wait to check moment they walk into your retail too: find someone who already has a out, they surround you with ‘impulse’ environment. look and feel that you like, then use items, travel-sized products and I have had the good fortune to be that as a jumping off point. It’s also a samples to buy, all at a low cost. mentored by one of the all-time good idea to ask a friend or two for They also have beauty consultants greats in the beauty business, John their ideas. Who do you know that is cross trained in all products ready to Lesniak, director of field operations successful in retail? What are they demonstrate products and answer for Lancome. He once shared with me doing that makes them successful? questions. Another good model for this timeless adage: “merchandise Visit their operations and ask about successful merchandising in the like a millionaire, and you will what is working for them. beauty and cosmetics industry is Blue become one.” What he means is that customers Don’t be afraid to take ideas from Mercury. They’ve done an amazing outside the spa industry and apply job in their retailing concepts and them to your space. This will help you layouts. I am not saying to make therefore, if you merchandise like stay fresh and creative in your your retail area look exactly like any you’re a millionaire, you’ll create an approach. of those environments, but there is a are seeking a luxury experience; environment that appeals to customers. Moving beyond this tenet, ask yourself the following questions to help guide the creation of your lot you can learn from observing 2. Foow Principles of Gd Merchandising what other successful companies are doing. Let’s take a look at a Blue Mercury retail space. From the moment your Apple has the highest grossing dollar location in Santa Monica, California, customer walks into your retail per square foot store revenues in the pictured on the following page, and environment, how do they feel? How world. Why? Visit an Apple store and analyze what exactly it is that they’re aUgUSt ■ PULSE 2019 49