Catching them with their hands in their pockets: how good POS displays can dramatically increase footfall-profit ratios.
The
art of good POS displays: reminding a customer that there’s something
they didn’t know they needed. We’ve all
encountered POS displays that made us buy something we weren’t looking for –
sweets in supermarkets; The Little Book
of Calm in bookstores; or, in our childhood, those weird rubber finger
puppets a person could find in boxes on Post Office counters. We never knew we needed them until their POS
displays pointed it out to us.
The
POS (Point Of Sale) is the most critical part of a store. It’s where the customer is going to part with
his or her money, which makes it the last chance that business has to persuade
them to part with more. POS displays are
designed to catch a customer’s attention in that vulnerable “wallet out”
moment. They’ve already committed to
spending a certain amount of cash, and so are most receptive to being
encouraged to spend just a little extra.
A “little” being a generally operative term: POS
displays are built to house small, relatively inexpensive items that don’t
make the customer feel that he or she is being hornswoggled. Items in POS
displays will be snacks, stocking fillers – what used to be called
“fancies”: little objects that take a
person’s fancy long enough for them to buy.
If
the Point Of Sale is the most crucial part of a store, then its POS displays are some of the most vital
pieces of kit that store can buy. Good
POS displays can drive retail revenue up by significant amounts (ask a
bookstore how many Little Books Of....
it sold from the counter as opposed to the shelf): which makes good POS displays vital
investment for anyone in the high street/shopping mall environment. Traffic-heavy stores like supermarkets or
cafes exemplify the selling power of good POS displays daily: other concerns show similar trends during
footfall-heavy periods, particularly Christmas, when the proliferation of POS displays in shops gathering their
perennial catch of willing shoppers speaks for itself.
What
makes good POS displays? POS displays that work are eye-catching, easy
to access and hold plenty of products without looking cramped. The most effective POS displays make it
immediately obvious what it is they contain:
and they make customers feel like their contents are something they have
to have. Really good POS displays must take into account
what it is they are displaying as well as how they’re displaying it – in really
lucrative POS displays, the products
available are always ones that are small, easy to pick up and fleetingly
attractive. Things that plug into a
current trend without being substantive enough to make the customer worry about
buying them.
In
some ways, products in POS displays
seem counter-productive. They’re almost
always throw-away items no reasonable person would consider if they weren’t
there, by the till. But they are – by
the till – and that’s why POS displays are anything but. Counter-productive, that is. Far from it.
Excellent POS displays are productive, period. A couple of effective POS displays can turn footfall-profit ratios upward, dramatically. The
money’s already out – what’s an extra couple of quid? Multiplied by fifty per cent of all the
customers who come to the till: a lot.
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| About the author |
GPX Group designs and manufactures POS (point of sale) products, as well as display stands for all retail outlets, shop display units and essential shop equipment. If the Point Of Sale is the most crucial part of a store, then its POS displays are some of the most vital pieces of kit that store can buy. For more information please visit http://www.gpxgroup.com/landing.asp?cat=4/ |
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