Retail Asia 2018 May 2018 | Page 18

FOCUS in the store and when those experiences are rewarding, they create a greater connection with the brand. “The retail space has evolved to encapsulate experiential elements — becoming a community stronghold — that allows customers to engage with brands’ product offerings.” Technology’s role technology to transform the shopping experience into entertainment. This can subsequently translate into a relationship with the brand. Consider tools that can become a point of solution for customers. For example, provide more information of the product offerings that will help customers make their buying decisions. “For those in the fashion industry, Interactive Mirrors can be adopted to help customers identify products that suit them without having to physically try them on. “The space originally planned for fitting rooms can then be used for other visual displays that could potentially generate more sales.” Mobile apps can be tapped upon Additionally, customers these days expect to have digitally-enhanced physical experiences and are willing to experiment with and embrace new technologies. Hence, retailers have to devise innovative ways to impress them and some are adopting more digital technologies in visual merchandising to create excitement and enhance engagement — and some storefronts also have visual and audio cues such as digital signages to elevate their product offerings. Ong says: “Brands should use Best practices revealed GERALDINE ONG, lecturer and programmes facilitator, Singapore Institute of Retail Studies, shares some examples of retailers who have made use of VM successfully to increase their business — and here are her top three picks: n Ulta Beauty The brand became the largest beauty seller in the US by offering in-store salon services. This gave customers a reason to come into stores to shop. Shoppers can also use the Ulta app to scan different product barcodes and read customer reviews. n Shinola This fast-growing US lifestyle brand has the buying team working with the visual merchandising team to create a compelling assortment of their products. n Ikea As e-commerce becomes more popular, shoppers need incentives to visit physical stores. With its elaborate showrooms depicting home settings, Ikea has become a unique destination for shoppers. While many retailers locate their outlets in shopping centres hoping for traffic, Ikea remains a standalone store that shoppers seek out with a specific goal in mind. ra 16 Retail Asia May 2018 “Brands should use technology to transform the shopping experience into entertainment. This can subsequently translate into a relationship with the brand. Consider tools that can become a point of solution for customers. ” — Geraldine Ong, Lecturer and Programmes Facilitator, Singapore Institute of Retail Studies