Know Your Audience
August 8, 2007 at 2:44 pm | In Tips | 3 Comments | Get this via emailI read an article this morning in the Wall Street Journal and was fascinated by the different buying behaviors in other parts of the world. In the article, "In India, a Retailer Finds Key to Success Is Clutter," Kishore Biyani (the owner of a $875 million supermarket chain) discusses how he re-designed his supermarkets to create tiny, cramped aisles with messy floors lined with dirty vegetables. His customers are lower middle-class shoppers who prefer shopping in this type of "chaotic" environment.
This article brought up important three questions that I think every retailer should know the answer to in order to optimize sales:
- Who's your customer?
- What kind of experience are they looking for in your store or at your cart?
- Are you selling your merchandise based on price or value?
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