Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header about About Home Profiles articles Tools forums inspirational quotes About facebook Twitter YouTube Blog
Share for a Cause











Maximizing Retail Growth

Guest post by: William Seidman

Article Overview: In these hard times, every customer matters. Retailers must ensure that all customer who contact them have an extraordinary experience which, ideally, leads to better percentage of customers actually purchasing goods and services and larger average sales per customer. Traditional means of increasing store performance, typically training, have not been successful at developing store personnel sufficiently to provide this winning customer experience.

Free Download - Maximizing New Hire Value By William Seidman
Name: Email:

Maximizing Retail Growth

In these hard times, every customer matters. Retailers must ensure that all customers who contact them have an extraordinary experience which leads to a better percentage of customers who actually purchases goods and services. Traditional means of increasing store performance, typically training, have not always been successful at developing store personnel sufficiently to provide this winning customer experience.

Fortunately, recent scientific breakthroughs about human behavior and the importance of modeling best practices after star retail managers are changing this scenario for retail organizations big and small. Instead of implementing new selling programs only to find very few employees adopting the desired behavior, retailers can leverage their best sales personnel and managers to drive attitudinal and behavior changes that lead to more effective customer conversion and increased sales. Using this approach, real connection with customers’ needs promotes rapid sales growth.
This approach has four distinct stages.


Stage 1: Set the Bar – Identify Your Stars
Use your organization’s top performing sales personnel and managers to define the desired attitude and behavior. These star players (i.e. the “positive deviants”) are often the most influential leaders of the organization because they are highly respected for their history of success and positive attitudes. A critical element of their performance is a commitment to achieving a “greater social good” from their customer interactions that invariably aligns with both the customer’s and their organization’s business objectives.


Stage 2: Motivate Change
Utilize a concise, high-energy statement of the positive deviant’s greater social good created by focusing on customer connection as the catalyst to engage others in the change process. When presented in a particular way, this statement causes retail personnel to feel honored to be part of providing customers with extraordinary buying experiences and see themselves as critical contributors to the overall success of the organization. In turn, by generating and writing down personalized, positive images of the statement, store people are more open to new ideas and learn them more quickly even while their natural resistance to change is suppressed. People feel that a profound commitment to store success is their idea, which generates a perception that the customer connection is critical for the entire organization.


Stage 3: Sustain the Change
Motivating employees is a huge success, but sustaining this motivation is key because human tendency is almost always to quickly resume past attitudes and behaviors. Intense practice of new selling and management attitudes and behaviors, particularly when this practice includes frequent application to real situations, causes pathways in the brain to “rewire” and the desired functions to rapidly and fully internalize. Because the new capabilities are so completely a part of normal work, everyone quickly comes to perceive that the new way is actually the norm and the change looks and feels grassroots.


Stage 4: Scale the Change How does this work if you have a large retail organization? You must engage enough people in the shortest amount of time to generate a “buzz” and ensures others accept the new program. An emerging technology called “persuasive technology” -- which is defined as technology designed to “change what people believe and do” – enables rapid scaling.
The best persuasive technologies create the perception for every user that they have a caring personal mentor, even though it is done with many people at once. This sense of caring makes people feel that the change is uniquely theirs; that it, the change is grassroots.


A Departure fromTraditional Sales Practices
Notice that neither executive support nor assessments are a part of this approach. These steps require minimum of executive support since its very premise is to drive change from within the people most engaged in ensuring excellent, high retail performance.

Related Articles
  PoP (Point of Purchase) Visual Merchandising
  That Zero Gravity Instinct
  5 reasons to automate your Retail
  It’s A Battle Out There: Retail Conscription and CX
  Raymond eyes 40% rise in retail biz revenue in 2 years
  Grow Your Retail Fan Page with Samples & e-Coupons
  Don’t forget about Service Franchise Opportunities
  Monginis plans 50 outlets pan-India by 2010-end; seeks franchisees
  Holiday Rush?
  Lift Foot Traffic and Retail Sales With Freebie Marketing
  How can my Canadian Company Sell or Remarket Equipment that was on an Equipment Lease and is no longer needed? – PART 2
  Videocon to launch mobile services in Mumbai, Chennai next month
  RETAIL SALE BOOSTER MODEL (RSBM)
  Beat the Recession with a Retail Franchise
  Retail design basics
  Strong Retail Sales Offer a Bright Outlook for 2011
  Landmark Group officially launches the first Centrepoint in City Mall
  Calculate the Cost of Shoplifting and Employee Theft
  What is POS or Retail management software and why it is required?
  The Retailer and the Community

Home > Leadership > William Seidman > Maximizing Retail Growth >
Article Tags: Customer Service, Management, Performance, persuasive technology, Positive Deviants, Retail, retail growth

About the Author: William Seidman
RSS for William's articles - Visit William's website

William Seidman, Ph.D is  the Chief Executive Officer and President of Cerebyte, Inc, a Portland, Ore. based company that helps businesses achieve extraordinary performance in as little as 10 days.  He is a recognized thought leader and expert on management decision-making and Executive Leadership.  Dr. Seidman is also the co-author of the new book Strategy to Action in 10 Days. 

Click here to visit William's website
Dashed Line

More from William Seidman
Using the Principles of Neuroscience to Sustain Long Term Transformational Change
Maximizing Retail Growth
Maximizing New Hire Value


Related Forum Posts
Happy Worker as of Dec 31 2007 Happy Worker as of Dec 31 2007 - Here's mine... I'm now off to make an offering to the business planning gods for their help in getting to these goals & beyond. To the combined success of Prophets 2 Profits! ----------------------------------------- 1) Corporate a) Retail - Sales reps covering all major markets (1M or more) - Retail product launch plan - 1 more retail release (TBD) b) The Toy Agency - Systems for: o Creative process o Pricing o Manufacturing o Logistics - Marketing agency strategy in place - 1 new customer every 2nd month (5 new customers); 1 of which will be rev of >= 500K/year c) Business - Creative talent pool management strategy & process - Outsourced and/or weekly bookkeeping - Monthly budgeting & forecasting - Better banking organization (Line of Credit, CCs, automate billing for appropriate vendors) - Team total of 5 - Larger office d) Web site - Daily updates - Start of separation of Blog/TTA/Retail 2) Personal - Most weekends “off”! - Entirely separate personal finances; basic personal financing plan - Family….?
Re: We all embellish, so are we all liars? Re: We all embellish, so are we all liars? - [quote="BuzzAroundBooks":3chumhxz]For instance, what if a customer asks you where a specific sales representative is but you don't know where he/she is? Retail expert Doug Fleener says "Rather than appearing not to know what's going on, it's safer to go with the standard reply: 'Dan's (i.e. sales reps' name) not available right now. My name is... May I help you?'" ("The Profitable Retailer" 216).[/quote:3chumhxz] Hi Kevin There have been a couple of businesses in my local area who have done this only to become unstuck when we found out that Dan (or who ever we were after) had not worked there for months and the business (a one man band) was only trying to cover it up to appear larger than it was in reality. My honest opinion was that the business went through a few employees quitting and they didn't want us to think they were an unstable company.
It's not easy It's not easy - Evan, It's not easy to franchise a business! Franchising requires a strong business model, significant capital resources, and very talented people to be successful. There are over 3000 franchise opportunities out there, most (80%) don't have the three criteria I listed above. The biggest benefit to using franchising to grow your business is that you bring in someone else's capital and human resource. What you are giving up is control in operating that business. I have seen successful companies get in trouble attempting to franchise their business, franchising requires a different skill set than simply operating units. Growth would have been much easier if they had just opened their own units and sought grown from within.
Different Hats Different Hats - CEO Sales & Marketing & Leadership Development Company Strategic Vision 10 Alliances & Growth Strategies 10 Hiring & Managing People 8 Mentoring 8-9 Strategic Planning for Clients 10 Execution of Marketing Campaigns 9-10 (i have great people who do the nitty gritty) Financial Management 9 Bookkeeping 3 (outsourced as I really hate the fine details like GST0 Administrative Follow Up 6-7 (again have great staff) Writing & Publishing 9 (getting better all the time!) Speaking 10 (so I have been told) Self Promotion 9-10 Web development & Promotion 6-7 (learning more and have brought on players who are 10+) Babysitting Employees (1 - wont do it, that's why I work so hard to hire and motivate the people I have) Great topic Kevin!! Jude
Sports is queen! Sports is queen! - About four years ago I started a webzine called The Thunder Child, devoted to science fiction and fantasy in all media. Growth was verrrrrrrrrrrrry slow at first, but has gradually picked up so that now I'm making a respectable income from my amazon.com and google adsense. (Well, from adsense, anyway. Amazon is a drop in the bucket compared to what adsense brings in.) Last year I put together a website showcasing the Tennessee Lady Vols (who won the NCAA championships last year), and just two weeks ago I put together a small website for Jacoby Ellsbury, a rookie outfielder for the Boston Red Sox - called a "phenom" and already very popular. The Lady Vols site has about 20 pages...the Ellsbury site has 5. Compared with The Thunder Child that, started out with about 20, and is now at about 1,000 and growing. Well, the hits on those two sports sites are more than three times what the hits on my Thunder Child site was during the first year of its existence. Since I've been a sports fan all my life, I reaaaaally wish that I'd started a sports webzine four years ago instead of this sci fi one, because I think my income now would be treble what it is. No doubt about it, sports rules!


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article

Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

••••••>SEO Tip Of The Day: HTML Validation

Soda Vending Machine = Energy Hog

Pay Per Click Advertising

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.