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Ecommerce is still gaining. Yet there’s evidence that people are tiring of it, too, with foot traffic rising at brick-and-mortar stores.

That means people in retail design are constantly asking themselves this question: In an age when you can buy anything online, what are people looking for when they go to a physical store?

President of TracyLocke agency Tina Manikas, with a long track record in retail, has some answers.

Marketing Daily: Let’s start with why experiential retail is so important right now.

Tina Manikas: It’s driven by this overall shift toward ecommerce, especially in the last 18 months. There’s been a big improvement in how useful technology is. The tech is better, and people are more open to embracing it. And that’s driving expectations. We now expect all the convenience of online shopping in our offline shopping trips.

Marketing Daily:  Ecommerce will always win on speed, as well as selection. So what can stores do to compete?

Manikas: There’s plenty. Stores can be more exciting and entertaining. They can be more inspiring and educational. Experiential retail has now risen to a higher level because stores are being redefined. And it’s especially important now because, after so many months of shopping less, there is a pent-up demand for new experiences.

Marketing Daily: Also, at its best, ecommerce comes down to a few clicks — and that’s boring. That’s especially true when I can buy the same sneaker from a dozen websites, including Nike. How can retailers use physical stores to sharpen the science of their own branding?

Manikas: For some retailers, the store and the brand are the same things, like Apple or Ralph Lauren. But many retailers sell many different brands, often even store brands. So it comes down to not just the sale of a product, but a product and a service.

The question is how that product and service combine to strengthen what’s unique about both brands. Besides just selling me the sneaker, how can that retailer teach me something about that particular shoe in a different way from other stores? How are you helping me make my decision?

Another experience element is personalization: What can you offer me to customize my purchase? Play into my areas of affinity?

That’s what makes in-store experiences potentially more interesting, getting people away from that simple “Click here, click here, check out” aspect of online shopping.

Marketing Daily: We’ve seen a lot of underperforming stores close. But we’ve also see many open. Levi’s is opening 100 new stores this year, and Warby Parker is expanding. Many previously all-digital brands are also opening more stores, like Allbirds.

Manikas: Yes, everyone put store plans on hold at the start of the pandemic. There was so much uncertainty. Now they’re going ahead with openings — although cautiously — for several reasons. One is for experimentation. Another is paying attention to the community. There is a resurgence of people caring about where they live, about staying local.

[Retailers are] also using these stores to explore ecommerce connectivity within store formats. It also makes sense to help fend off the impact of aggregators. If I buy a product online through a retailer, but Instacart delivers it, which brand will have the biggest impact on me?

And those D2C retailers are opening live locations to differentiate themselves from digital competitors and raise awareness in different target audiences or geography.

Everybody’s fighting for attention. You can win the battle for attention, and drive that back to the brand with compelling commerce.

Marketing Daily: What are some other ways to make shopping feel different?

Manikas: Social commerce. It’s starting to serve as a bridge that provides both inspiration experience and immediate ways to buy.

Marketing Daily: What stores do you think are doing this well? Where do you like to shop?

Manikas: I love Nordstrom. It’s had the jump on everyone by combining and turbocharging service with products. So not only does it curate something new, but it’s got that service mentality, both on and offline.

I also like the rise of Restoration Hardware. You can design things online quickly, and it also sells high-end furniture. And I think what’s happening in the resale market is interesting, especially in the physical locations of The RealReal, which resells designer clothing.

Marketing Daily: What’s your best advice to companies considering going into physical retail?

Manikas: Know what you’re trying to sell and what your purpose is. Experiment online first, and test interest. Then move into pop-up stores before investing in a physical location. That way, you can fine-tune your brand before investing in physical spaces.

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@mahoney_sarah

Sourced from MediaPost

By Jamie Johnson.

As more customers embrace online shopping, here are 10 ways you can increase foot traffic into your store’s physical location.

Small business owners with a physical location are always looking for ways to drive more customers into their stores. Some of the best ways to increase foot traffic to your store involve differentiating yourself from your competitors and offering a unique in-store experience. Here are 10 of the best methods to do just that.

Utilize digital channels

If you want your retail store to be a success, you have to incorporate social media as a marketing strategy. Social media is a great way to build engagement with your customers and keep your store in their minds.

You can do this in a variety of ways — from showing behind-the-scenes photos and videos to hosting contests and giveaways. And don’t forget to regularly promoting your products: Studies show that 56% of customers who follow brands on social media do so because they want to browse through the company’s products.

Improve your curb appeal

One of the easiest ways to attract more customers to your store is by improving the curb appeal. Make sure customers can easily access your store and that the front entrance is well-landscaped.

Spruce up the front of your store with inviting and aesthetically pleasing decorations, such as brightly colored flower pots during the spring and summer months, or seasonal and festive decor during the fall and winter months.

Claim your Google Business listing

When it comes to driving local traffic to your store, Google can be a very effective tool. However, you need to claim your Google Business listing first. That way, your store will show up anytime a local customer searches for a business similar to yours.

Once you’ve verified your business, you can start encouraging your customers to leave reviews. This will give your business credibility and will help new customers find you.

Read More: [3 Things You Need to Know About Customer Reviews in 2019]

Offer discounts and rewards

Everyone loves a good discount, so offering a promotion for a limited time is a great way to encourage customers to visit your store. Share your promotion through email and social media, and let customers know they can redeem the discount in-store.

Encourage customers to buy gift cards

With the holidays quickly approaching, now is a great time to start encouraging your customers to purchase gift cards for friends and family. Gift cards are often given out around the holidays, and this is a great way to reach new potential customers who may have never heard of your store before.

Some of the best ways to increase foot traffic to your store involve differentiating yourself from your competitors.

Host an event

Offering special events can be a great way to encourage customers to stop by your store. For instance, if you sell workout clothes, why not host a free yoga class in-store? Lululemon does this frequently to incentivize customers to stop by one of their locations.

You can also partner with other local businesses to co-host events. The point is, find a way to make your store a fun and inviting place customers will be excited to visit.

Let customers buy online and pick up in-store

Most customers love online shopping but hate paying for shipping. A great way to remedy this is by giving customers the option to purchase items online, then pick them up in-store. One survey found that 57% of customers will utilize this service to avoid paying for shipping costs.

If you decide to offer this service, make it as frictionless as possible for your customers. Have the merchandise ready to go once they arrive and train your staff on how to handle the occasional return.

Provide USB chargers

If you want to earn some serious goodwill with your customers, start providing free phone charging stations inside your store. You can advertise this as a unique perk on social media and your website. You’ll be sure to make an impression the next time a customer enters your store with their battery under 10%.

Create an entertainment area for kids

If you run a store that caters to moms with small children, set up an entertainment area somewhere in your store. This doesn’t have to be elaborate; it could just be a table where kids can color. That way, parents can enjoy their shopping experience and will be more likely to return to your store.

Set up a comfortable lounge area

Finally, shopping can be tiring for many customers. If you want to stand out, consider setting up a comfortable lounge area for your customers where they can relax. And you can sweeten the deal by offering complimentary tea and coffee.

Feature Image Credit: RyanJLane/Getty Images

By Jamie Johnson.

Sourced from CO