Hinterlander March / April 2018 | Page 3

KLEINHANDELSTORIES 4 Retail tales Tips To Help You Sell More in Retail, Backed By Science and Bob the Builder AS RETAIL CHAIN, YOU PROBABLY SPEND A LOT OF RESOURCES GETTING PEOPLE TO WALK THROUGH YOUR DOORS. BUT, WHAT DO YOU DO ONCE THEY'RE IN? CHANCES ARE, MORE OFTEN THAN NOT, YOU LEAVE IT UP TO CHANCE, LUCK, OR GOOD FORTUNE TO DETERMINE WHETHER THAT PROSPECTIVE CUSTOMER WILL BUY SOMETHING OR NOT.. Or perhaps you've got a way with words, or have hired some- one who you can't help but admire when it comes to their abi- lity to make a sale, perhaps calling it an art, or an innate talent they were probably born with. Let’s look at four key areas of focus with lots of tips and insights inbetween that are sure to help you sell more and build greater customer loyalty resulting in a more solid customer base and repeat sales. Let's dive in. You Don't Get a Second Chance to Make a First Impression How do you get onto the right foot when engaging a customer who just walked in? You might have heard that it takes one- tenth of a second to form a first impression of someone, but let's look at what's actually taking place inside a person's mind when they make that judgement. Social scientist Amy Cuddy explains that when we first form a first impression, we actually form two. Firstly, we're determi- ning how warm and trustworthy the person is, and secondly, we're trying to answer the questions, "what are this person's intentions towards me?" and "how strong and competent is this person?" According to Cuddy, these two dimensions make up 80 to 90 percent of an overall first impression which holds true across cultures. We've all walked into stores and been approached by sales associates who made us feel suspicious, uncomfortable, and on our guard. And we've had the opposite experience of feeling helped, comforted and relaxed. So, what accounts for the difference. Cuddy has quite a few suggestions which would help you make your customers feel more at ease, some of them are: Let the other person speak first. You can do this by simply asking a question. Our typical thinking is taking charge of the conversation and attempting to be in control, but that doesn't pan out so well when trying to understand your customer's needs and how your business and products fulfil them. Collect information about the other person's interest. Getting the other person to talk about themselves or what we like to call "making small talk" goes a long way. Research proves that just five minutes of "small talk" before a negotiation increases the amount of value created in the negotiation. Next, let's look at study that attempted to increase room service tips for waiters in hotels. Researchers discovered that there was a quick, easy, and simple way to increase their tips. Can you guess what it might be? Starting the interaction with a positive comment. Obvious right? The researchers discovered that as hotel guests opened the door, waiters simply said "good morning" and gave a positive weather forecast. Just a single positive comment increased tips by 27 percent. To be continued in the next issue of Hinterlan- der. Source: Shopify Inc. 3