Pulse July 2017 | Page 28

TRENDING R E TA I L T R E N D S How Spa Will Thrive in the Future of Retail ONLINE SALES HAVE BEEN GROWING at such an alarming rate, traditional retailers can’t keep up. It seems a new large chain store is shutting its doors every week. So, BY KELLY HEITZ what direction is retail headed and how does all this affect the spa retail space? To get both sides of the equation, we asked a spa director—Dawn Tardif, founder and CEO of BodiScience Wellness Center & Spa in Beverly, Massachusetts—and a resource partner—John Linnehan, director of sales and merchandising at Ipanema in Orlando, Florida—to weigh in on what’s trending in the world of retail and how spas can use those trends to thrive. 1. 1. PRODUCT QUALITY, TRANSPARENCY AND SUSTAINABILITY These days, you can find pretty much any information you want online, which means shoppers are no longer content not knowing everything about the products they’re purchasing. “Regardless of the market segment, I wholeheartedly believe that the best product with the most thoughtful merchandising and the most compelling backstory will always be the first choice of retailers,” says Linnehan. Consumers are becoming more interested and invested in where their money is going rather than simply what it’s buying, which means it’s not enough anymore to sell high-quality products with no information on their backstories. Abbajay agrees by saying: “Transparency is a movement, not a fad. It’s getting to the heart and mission of a company’s practice. The public is driving this shift, and it’s not just limited to one generation; it is invigorated and demanded by all ages. Clearly, we live in a world where content goes viral in seconds, so trust and honesty is a crucial measurement as over half of consumers today will check the ingredients before purchasing.” 26 PULSE ■ July 2017 2. MOBILE PAYMENT SOLUTIONS TechCrunch estimates that 70 percent of all mobile users in the United States will make a mobile payment in 2017. Mobile payments in general this year are expected to total US$60 billion, and according to Business Insider, by 2020 mobile payments will account for US$503 billion in sales. “Quick and easy payment methods are what consumers are seeking as our lives have sped up,” notes Tardif. “Having tablets accessible, membership programs, and prepaid services will allow the spa client to feel special and connected to the spa, at the same time allow for ease of purchase and limited waiting.” Linnehan agrees by saying, “Making it easier for customers to actually pay for goods and services should be a no-brainer for any retailer for obvious reasons. Common sense tells me that a person treating themselves to a spa day isn’t necessarily carrying a purse or wallet under their soft and fluffy robe. They’re much more likely to be wearing their Apple Watch or Fitbit or other piece of wearable tech that has a built-in payment system. A mobile payment