According to the Consumer Electronics Association (CEA), today’s U.S. homes have an average of 25 consumer electronics products, compared to 1.3 in 1975. Spending is also expected to reach $2,000 per household this year.
Strategic merchandising for electronics, therefore, is more important than ever.
Here are a few tips for effectively showcasing consumer electronics in order to improve your customers’ shopping experience and boost your bottom line.
Create a Hands-on Experience
Go beyond simply displaying the merchandise. Provide customers the opportunity of interacting with products.
Be Simple and Direct
Keep your point-of-purchase and product display information succinct so your customers can easily understand it. Use simple, honest and direct language to inform and educate customers.
Technology is complicated. It’s your job to help consumers comprehend information and feel well-versed before making their final purchasing decisions.
Highlight the Benefits
Since technology can be confusing, tell customers what they will get from the products in question. Interact with shoppers in a way they can appreciate and understand.
Clear and concise product display information, coupled with a knowledgeable sales staff, greatly improves the customers’ in-store experience. Train your sales staff to listen to the customer and showcase products featuring the benefits that best meet their needs.
Appeal to Your Customers
Intuitive video and audio selections allow customers to identify with products and also with your staff. Something as simple as what is playing on a flat-panel TV when they look at it could end up influencing a buying decision. Create an atmosphere that allows customers to visualize products in their homes.
Customers are more likely to be drawn to a product—and a retailer—that instinctively knows how to help them make the best purchases to suit their respective lifestyles. Enhance the shopping experience and nurture customer interaction by incorporating content that will appeal to your particular shoppers.
Listen to the Locals
Your local sales staff has the most immediate contact with your customers. Their insight, therefore, is invaluable.
Ideas come from anyone who interacts with your brand. Make it a priority to connect with the staff in each of your markets and pay attention to what is going on locally. It just might reveal your next merchandising opportunity.
Jim Pearse is senior vice president of merchandising of Colorado-based specialty consumer electronics dealer Ultimate Electronics.
Subscribe to the CE Pro Newsletter
Get the latest news, products and more delivered straight to your inbox.Read more Business Resources stories Should You Carry Receivables Insurance?
URC ‘Hook Ups’ Helps Unemployed Installers Find Work
Why Top-Down Selling is Crucial to Your Profits
D-Tools University: Despite Bad Economy, Dealers Invest in Better Business Practices
8 Best Practices from CE Pro 100 Integrators
10 Tips for Rolling Out Service Contracts
More Business Resources entries


