Retail Asia 2018 May 2018 | Page 17

FOCUS Colours draw the customers’ attention to specific areas and encourage purchasing decisions to be made. In fact, research shows that 60% of purchase decisions are correlated with colours. retail space. It reflects its values and aspirations. “Captivating visual merchandising excite customers and encourage them to draw inspirations from the brand. It influences the customer’s behaviour and perspective of the products. It also helps to attract footfall in the highly- competitive retail landscape,” she comments. Matthew Valentine, editor of Retail Design World, — an online platform covering all elements of the international retail design sector, also notes that VM can be changed quickly and at a relatively low cost. “It’s vital to make stores that people want to visit,” he echoes. Important elements As VM is supposed to make people stop in their tracks when they are going past a store, having that element of surprise usually works, according to Ng, especially if your product is new. New products creatively displayed bring out the wow factor that draws customers to them, and it could also create a buzz among the target audience, he adds. Besides the experimental and surprise elements, it is also important for retailers to be experiential with their displays as more customers are looking for experiences. Ng explains: “They want to feel engaged, to be part of the brand or shopping experience. They no longer want to just walk past a nice display or nicely laid-out shelf. They want to feel involved; they don’t want just to be sold to. So, having a display that allows them some level of participation can increase the time that they dwell in your store or in front of your display, and that additional dwell time increases your chance of selling products to them. For example, instead of just selling shoes, maybe talk about a place that you can wear the shoes to, and with that, allow them to experience the place with photos/videos or even travel recommendations to the place.” Ng also advises retailers to be relevant when it comes to visual merchandising. “Of course, the underlying fundamental is that the VM should be something that they can associate with, or something that they can either relate to themselves or relate back to the product. “So, if the product has a certain function that you want to sell, be sure to convey that function through your VM. Because a picture or, in this case, a display, speaks a thousand words,” he adds. Another important element of VM, according to Ong, is “an amazing story — in colour!” The colours must be within the context of a story that the brand is telling and customers should be able to identify and relate to the story. “The story told through VM at the retail space must continue to send a clear and consistent message that the brand has been communicating through its other channels. “Colours draw the customers’ attention to specific areas and encourage purchasing decisions to be made. In fact, research shows that 60% of purchase decisions are correlated with colours,” she says. As shoppers these days have a wide frame of reference — some may have literally seen it all before — therefore retailers have to think and work hard to impress them — and it starts with understanding the customers and what they need. Valentine shares: “It’s all about creativity, and finding innovative ways to grab attention.” Some smart retailers are also building on previous displays, with some store windows running themes that are continued through different seasonal collections. He continues: “And it seems to me that there is a lot of humour in windows lately. We can get convenience by shopping online, but when we go to stores we want to be entertained.” Recent trends in VM are also getting bolder and more daring, because engaging consumers in their shopping trip serves as a plus point in the whole buying experience. Pazzion’s Ng recalls: “One good example will be the Gentle Monster stores in South Korea. Each store was designed in different themes and concepts to entice the consumers in a 360-degree environment. “They evoke emotions and are visually appealing at the same time, thereby contributing to the basic five human senses.” Ong points out that retail today is indeed experiential and it is no longer just about buying products. “Customers crave for new experiences Retail Asia May 2018 15