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Were you ever picked by a teacher to come up in front of class when you weren’t prepared to speak?

It felt like hell, I bet.

There’s an area of your retail store potential customers will avoid; it is the first eight feet after your doors. Some call it the decompression zone, some call it the threshold area—it should be called The Hell Zone.

The Hell Zone because shoppers don’t want to go there. They might remember a past experience where an aggressive employee pounced on them wanting to shake their hand. Or they might remember another employee asking them a question, when all they wanted to do was get their bearings.  They had to blurt out a No just to get rid of the pesky employee.

It’s hell because employees don’t want to go there either. They’ve asked a stranger in their most helpful way, Can I help you? and those darn shoppers always answer No! or No, I’m just looking! After weeks of this rejection, your employee gives up trying, says nothing, and retreats to the counter to text a friend.

Because shoppers answer these greetings over and over with a negative, employees feel dehumanized. That negativity and lack of connection also opens the door to rudeness. Customers turn their back and walk away; they talk on the phone at the register; they haggle over prices or make unrealistic demands.

It’s hell too because owners and managers see this happening time and time again but don’t know what to do to change it.  Until now…

Use these steps to avoid, “No, I’m just looking.”

First, wait at least ten seconds and no more than fifteen to greet a shopper. This gives them time to settle. 15 seconds may sound like a really short amount of time, but it isn’t. Use a timer and walk through your store. In most cases you can reach the back of your store within 15 seconds. I think you’ll find your sweet spot will be around ten seconds.

By greeting your shoppers within 10-15 seconds, you achieve several goals: It trains employees to always have their eyes up to see who’s coming in; it makes them wait and not pounce, and it helps provide a welcoming atmosphere.  And as a bonus, it also helps prevent shoplifting.

During those 15 seconds, grab a prop. This has to be something large enough to be noticed by a customer like a book, a box, or a sample.  This creates the appearance that the employee is interrupting something else to notice the shopper, rather than swooping down on them like a hawk on a mouse.

Then with prop in hand and with at least ten seconds gone, start walking toward the customer at a 45-degree angle. This will allow you to give your greeting and then move past them without blocking them.

Greet them as you go by with Good morning. Feel free to look around, and I’ll be right back or simply say Good morning.

By not asking a question such as How are you? or Can I help you find anything? the customer is not obliged to have to respond at all, though many will with a simple thank you.

Most shoppers will appreciate having the time and space to look around.  If they really need something, they’ll feel comfortable enough to stop the employee and ask them.

This retail sales training technique of greeting-with-a prop-puts the customer at ease, gives the employee a reason not to linger, and dissolves The Hell Zone.

Also see, 10 Non-Negotiables Customers Expect When Visiting A Retail Store

For Example

Let’s say you are an employee at an electronics store.  As a person walks in, you pick up a Bose headphones box and head towards them within 15 seconds.  Approaching the customer at a 45° angle, you move past them with your prop, pausing to meet their eyes and say, “Good morning, feel free to look around, and I’ll be right back.” If you do this correctly and with the right intent, the customer always says “Thank you.”

Skeptical? Try it right now and you’ll be surprised. If they don’t thank you, consider that you may have approached at about a 90° angle which blocks their path, or you might have lingered too long when you said the comment, or you didn’t look them in the eyes.

Now you don’t need to do this when you are slammed on a busy Saturday afternoon or during the holidays, but for those times when no one else is in the store, it is perfect.

It lets the shopper off the hook and let’s them relax, gain their bearings, and look at all you have to offer.

Remove the The Hell Zone by making your greeting more human, more timely, more engaging, and ultimately… your selling will be more profitable.

 
Source: How To Avoid Hearing A Customer’s “No, I’m Just Looking” Ever Again
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It’s 80 days until Christmas — and those holiday displays are starting to edge out Halloween merchandise on the shelves. Wait, Halloween hasn’t even happened yet, right? Be that as it may — yes, we are still more than three weeks away from Halloween — Many customers will wait until the last minute to complete their holiday shopping. the smart money is on the 2015 Christmas shopping season being brighter than last year’s. According to the 2015 Holiday Purchase Intentions Survey from The NPD Group, consumers have a more positive outlook, and are looking to open up their wallets to family, friends and the needy. The mean spend for holiday shopping this year, according to NPD, is $619 — a 5 percent increase compared with what consumers said in 2014. “Consumers are ready to spend for the holidays, more so than in recent years,” said Marshal Cohen, chief industry analyst, The NPD Group, in a statement. “However, manufacturers and retailers need to pay close attention to what is driving the consumer mindset, and deliver product that anticipates inevitable shifts in their thinking over the course of the season. Positive consumer perceptions combined with holiday promotions, could drive early impulse purchases, but the market has to deliver enticing product that consumers want and need in order to build on that momentum and keep them spending.” Cohen makes a salient point: Retailers must be careful to offer promotions at the start of the season while not cannibalizing sales that might have come later. Many people browse early in the season and then wait until the last hours before the holiday to complete their shopping. Marketers face pulling off a tough balancing act of luring customers into the store in early November with bargains, and maintaining that enthusiasm profitably through the end of the year. Coupled that with the popular notion that there will be even better buys closer to Dec. 25 and the marketing department is in a quagmire: Damned if you discount too early, but double damned if they don’t and miss out on the increase in shopper traffic. And don’t kid yourself, multi-channel competition is up. Brick and mortars are not only facing challenges from other traditional storefronts, but also from e-commerce retailers. And vice versa. That was true in the past but the pace is quickening. Don’t have a mobile app? You’re missing a sizable shopper segment. Have an app that offers little value and that’s possibly worse than not having one at all. The mobile connection is important more than ever because a majority of consumers — almost two-thirds — said they will do pre-purchase research. Online research and consumer reviews are critical links for customers looking to stretch that $619 as far as possible. Don’t neglect cultivating honest reviews and including them on your site and make it easy to review a product or purchase through a mobile app. Consumers want quick, easy-to-access information, as well as real-life feedback on products from honest-to-goodness users rather than the stores selling them. In the end, all the preparation will result in a solid brand presence log after the holidays. As Cohen noted: “Just as the consumer mindset is one component to holiday success, the holiday season is one leg of the larger retail marathon – it’s not the finish line…Consumers are more complex, and marketers have more opportunities to reach them than ever before. Truly connecting with consumers requires interaction and omnipresence, emphasizing a complete experience that extends beyond channels, beyond traditional methods, and beyond the holiday season.”
Retail Pro News: Learn the latest Retail Pro news and industry updates first.
Source: Get Prepped: Consumers To Spend More This Holiday | Retail Pro Blog
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One of the nightmares any retail store manager endures is keeping tabs on inventory. Knowing instantly whether a particular item is in stock can mean the difference between a happy customer who at the very least will have the item shipped to her doorstep in a few days, and a shopper who will find it at a competitor — and may never visit again. Many manufacturers are using Internet of Things technology to keep tabs on products in the supply chain, and IoT technology can work similarly inside retail stores to streamline the inventory process. RFID tags can be used for a number of retail purposes. With RFID, products, or pallets of products, are tagged at the warehouse. Upon distribution to the retailer, and the stock is “checked in,”  and in-store inventory issues can be tackled via a combination of IoT connectivity, including sensors, beacons and in-store GPS. Sensors Hardware and software can make the store shelf “smarter.” A solution made up of  store shelf sensors, smart displays, digital price tags and high resolution cameras allows retailers to know what is on store shelves as well as in stock rooms. Those sets of data are linked, providing visibility from the product’s arrival to ultimate sale. Further, should a customer buy the last of a particular item, a notification can be transmitted to the stockroom. The items are either restocked on the showroom, or the supplier is notified the next shipment is needed. That is particularly helpful for retailers with a history of being out of stock, perhaps due to carrying on-trend items that can suddenly move rapidly or to seasonal sales swings. The greater visibility IoT provides can greatly assist in managing the inventory process, which can lead to greater inventory turns and more sales. Beacons Beacon technology is another B2C application that can help drive shoppers to those “smart” shelves. One advantage online stores have is the tremendous amount of customer information they can mine and analyze to provide more tailored and streamlined shopping experiences. Brick and mortars, through the use of beacons and other devices, are starting to leverage such data as well. Beacons can, for example, offer more targeted content onto smart displays within the stores (even at the shelf) or onto customers’ mobile devices. Coupons and exclusive events can be pushed to the consumers, and via such targeted content, retailers hope to increase retail sales. Inside a smartphone app, shoppers can define personal shopping preferences—for example, food preferences and allergies. Next time they enter a store, their phones will connect via Bluetooth to smart displays located underneath products on store shelves. In addition, cameras that upload digital content to a data center or to the “cloud” for later viewing, combined with beacons, offer a potent weapon to prevent internal theft (“shrinkage”) as well as shoplifting. But that one-two combo of cameras and beacons can also help retailers plan the flow of their stores in order to accommodate their guests and help move goods that otherwise could linger, resulting in lost revenue. In-store GPS This type of functionality typically is part of a smartphone app for a large retailer or a mall. Using a combination of Wi-Fi and GPS, the retailer knows shoppers’ locations, and can offer deals and promotions based on that data. By offering real-time product suggestions through a shopper’s personal mobile device, the technology lets brick and mortar retailers compete effectively against online merchants. The Macy’s flagship store in New York City has in-store GPS, as does American Eagle Outfitter. In-store GPS is able to target consumers and glean insights about how they choose to shop, providing answers to a tricky puzzle for retailers. Other technologies can also be used to establish direct communication with customers, such as QR codes and gamification. For example, a customer walks into a high-end boutique and sees a QR code that’s offering a 10% discount for participating in a game about fashion. She answers the questions and then receives a discount on her next purchase, or an invite to an exclusive event. Not only is it a way to incentivize sales, but it also fosters customer loyalty. IoT technology may sometimes seem like the fodder for science fiction novels. In reality, machine to machine learning is here and can provide valuable assistance to retailers in maintaining efficient business processes. In addition, the data gathered can help retailers provide more customized experiences for shoppers, encouraging them to return. And creating a happy, loyal customer base is a dream come true for retail store managers.
Retail Pro News: Learn the latest Retail Pro news and industry updates first.
Source: Sensors, Beacons and GPS: The IoT Is Here | Retail Pro Blog
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Amazon and Walmart are preparing for an epic battle of summer e-retail war, the likes of which we’ve never e-seen before (or, at least they hope we haven’t). Amazon’s Prime Day is scheduled for July 15, 2015, and promises to reward Amazon Prime members with steep discounts and unbeatable deals as a midyear Black Friday for online shoppers, while offering 30-day Prime membership trials to those who are not current Prime members. Who doesn’t like cheap online merchandise shipped directly from the Amazon warehouse to your doorstep, right? The answer, obviously, is megabox king, Walmart. With spoilers on their minds, Walmart decided to respond by taking a bit of thunder from the Amazon Prime Day storm by announcing their own July 15, 2015 sale, albeit not named also “Amazon Prime Day”. Outside of holiday sales, we have yet to see such a confluence of markdowns, discounts, and sales on a particular day like this before. Big box chains can get by with these discounts simply on volume alone. Without going into the gory details of Walmart business purchasing practices, it’s fair to say that small independent retailers are left to sit back and watch the carnage occur while possibly even getting in on the fun and doing some personal shopping. However, even independent specialty retailers can benefit from the White Wednesday sales event (I just made that name up…not sure if they are actually using it or not). That may seem counter-intuitive, however what this one day sale does is strengthen the concept of the OmniChannel in the retail world as it exists in present day. E-Commerce, mobile commerce, and web shopping all fall into this catch-all net of OmniChannel sales. By strict definition, OmniChannel is using all available means of procuring sales in any given sales cycle by using all of the above. Walmart has something that Amazon doesn’t have nor could they ever have, which is a brick-and-mortar store in just about every substantial city in the US. What they also have that Amazon doesn’t have is the capital investment and operational expenses to burden them with having to track such things as departmental sales for future stocking. However, both of them have a BIG footprint into the OmniChannel world, combining as many different avenues to sell their wares as possible. Independent retailers can have a footprint in that space as well, and it can be substantial. Do you have a brick-and-mortar store, but haven’t walked down the investment track to E-Commerce? If not, you are getting left behind by those who do. Have you incorporated mobile sales into your brick-and-mortar store? If not, you aren’t keeping up with the guys down the street. Do you have a web store with the ability to order and pick up at the store? If not…well, you get the picture. What indie stores have that those big boxes can never have, though, is a one-on-one sales experience. They’ll always have the volume, but as an independent retailer you can always trump that with a personal sales experience. A worldwide sales battle between two heavyweights only brings about more online retail and causes more online shoppers to go looking for more deals out on the internet. Is your store positioned to take advantage of the increased traffic?
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Is hyper-personalization creepy or cool? A recently released Accenture study, “Retail Hyperpersonalization, Creepy versus Cool,”  finds that the answer largely depends on which demographic you’re asking. While customers appreciate personalization, many are concerned about their privacy. By and large, Millennials seem more into with retailers personalizing messaging. Boomers less so. For example, nearly three times more Millennials (17.2 percent) than Boomers (6.2 percent) think being reminded while shopping about needed items is “cool.” Also, 41 percent of Millennials say they’d welcome retailers stopping them from buying electronics that are not right or are outside their budgets. Gender influences the perception of what constitutes acceptable personalization as well. Accenture reports that 34% of male respondents think receiving suggestions personalized to account for their families’ food preferences is “creepy.” However, 40% of female respondents consider that type of personalization “cool.” Some forms of personalization are generally welcomed, though not universally. For example, these implementations are widely considered “cool”:
  • 82% enjoy discounts or loyalty coupons;
  • 59% welcome promotional offers based on items that the customer may be considering or lingering over;
  • 54% like receiving suggestions for items that complement merchandise that the customer is currently browsing.
Conversely, there are personalization efforts that customers find “creepy.”:
  • 36% of shoppers do not want to be greeted by name when walking into a store;
  • 42% don’t want recommendations based on their health issues;
  • 46% don’t want to be dissuaded from a purchase by a sales associate with preexisting knowledge about what the customer currently owns.
That leaves retailers with some specific rules of engagement: First, they must keep the value proposition from the customer standpoint in mind. There needs to be significant value for shoppers in order for them to be motivated to engage. Second, it’s important that the customer doesn’t feel overwhelmed. Too many messages or promotions can easily backfire for the retailer. Third, retailers must be transparent about how any information gathered will be stored and used. Opt-in policies let customers play an active role in the process. Fourth, retailers should have a system in place to capture and safeguard customer information. There should also be a plan in place detailing how a retailer’s information is to be used and how it will improve business. Fifth, and finally, building trust is key to success; retailers must work at establishing and maintaining a bond. It’s difficult to establish, yet easily destroyed. The Accenture study notes that there are three components for implementing a hyperpersonalization solution properly: make it expected, secure and data driven. Doing so provides a foundation for success that will drive profits as well as customer loyalty. Source: Avoiding the Creepy Factor In Hyperpersonalization | Retail Pro Blog
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Biometrics is an emerging technology in retail, used primarily to verify identity. With the debut of Apple’s iPhone 5 with fingerprint sensor in 2013, biometrics Biometrics predicted to become more widespread at POS systems. became part of the household vernacular. Samsung and PayPal followed soon after with fingerprint authentication. Today, biometric technology can be integrated into banks, ATM machines, USB keys hooked onto computers, as well as POS systems. In addition, retailers are looking at the technology to help prevent loss due to ID theft. Biometrics are incorporated into fingerprint identification, as well as palm-vein readers and facial recognition solutions to offer a convenient and additional layer of security, help prevent fraud and provide a better customer experience. Biometrics can also offer retailers controlled access and accurate attendance records, leading to a more secure workplace environment. With system and hardware prices dropping and reliability and convenience going up, more retailers are using some form of the technology. Marius Coetzee from Ideco told BizTechAfrica that biometrics were critical for fast, accurate customer ID verification — which results in fast, accurate decision making: “Point Of Sale based biometric verification is a critical aspect to reducing losses caused by increasing levels of ID fraud. Once customer details are registered, you can trade with certainty at every point of transaction.” According to Research and Markets, the global market for biometrics is on track to post a strong CAGR of 19.6% between 2014 and 2020, reaching a projected $30.1 billion by 2020, up from roughly $10.3 billion in 2014. Fingerprint recognition is estimated to be the largest technology with market, valued at $3.2 billion in 2014 while Civil ID — the use of biometrics to identify or verify the identity of individuals when interacting with governments — will be the largest application with global market of $4.6 billion in the same year. Retailers will increase using biometrics in multiple combinations to ensure security in payments, but, eventually, the technology could eliminate the need to carry a payment card or even a smartphone by letting users authorize payments with a fingerprint alone.
Source: Biometrics: More Than a Way To Turn On Your iPhone | Retail Pro Blog
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The Genius® Customer Engagement Platform® by Cayan™ is an industry-first solution that solves the challenge of how to support traditional credit/debit payment and new opportunities provided by future mobile commerce from a single point-of-acceptance. Integrated with Retail Pro management software, Genius® allows you to immediately save on credit card processing by eliminating additional transaction fees from third-party processors.
Steamlined Support
– Award Winning 24/7/365 support – One-Stop Shop for all support & Service needs – Remote Software Updates
Lower Cost of Ownership
– Integrated into Retail Pro mang – Intelligent credit/PIN debit steering – Digital receipt management with signature capture
Value-Added Capabilities
– State of the art technology – Free Gift Processing – Free Virtual Terminal Access
Lower Risk
– Simplify PCI Validation – No handling of cards by clerks – Reduced risk of security breaches – EMV-ready – PCI PED Compliant

Evolving with your business

As a future-ready solution today, Genius® provides retailers a true path forward by being the only flexible payment solution that adjusts alongside the growth of their business and industry needs. The Genius Solution provides  users a mobile commerce ready solution, with enhanced administration features providing the payment methods your customers want, and the infrastructure your business needs to efficiently manage your payments ecosystem.
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As of October 15th, of 2015, if a merchant is not processing on an EMV capable machine they will be responsible for 100% of any fraudulent transactions they accept and would have absolutely no recourse. If they take a fraudulent transaction they are going to have to pay for it and there is no other liability avenue to pursue. This is for any transaction whether it was made on an EMV card or a regular magstripe. In time, consumers may not feel comfortable paying at a business that only accepts magstripe transactions. Foreign consumers are already accustomed to paying with EMV and some foreign cards do not even have a magstripe anymore, so a business owner could lose those transactions all together.

What is EMV?

EMV, (or “EuroPay, Mastercard, Visa”), is the global card technology of choice and it is finally coming to the US. This technology will replace the magstripes we have become so familiar with and will ultimately alter the payment procedure for millions of consumers and cause thousands of business owners to upgrade equipment at the point of sale. EMV is not a new technology; In fact there are an estimated 2.36 billion EMV cards worldwide and 37 million EMV terminals. The US is just the last major country to adopt this standard. EMV was developed in the UK to combat the duplication of counterfeit cards and has been extremely successful in rendering stolen card data useless to thieves. The latest figures from the European Central Bank indicated in an August report that as much as 78%of all counterfeit card fraud is carried out in countries that have yet to transition to EMV. Hence the reason that the US is now the global leader in card fraud with 47% of local fraudulent transactions although it does only 23% of the transactions globally. Coupled with tokenization and encryption, EMV is the ultimate in security within the payments industry and will help to reduce fraud within the US. EMV cards utilize chip based technology vs. the traditional magstripe on the back of payment cards. These chips are much more advanced than the magstipe technology that is currently in use today. The customer profile is built  into the chip, giving the card issuing bank much more control of the card capabilities.  You can deactivate a card remotely, and can even set up an offline balance where the consumer can make purchases up to a certain amount without the terminal communicating to the processor to verify. Finally as a feature, you can require no customer verification under a certain amount – ex. no sig or pin on a transaction under $200. There are different Customer Verification Methods (CVM) that can be used for an EMV transaction on both credit and debit cards.
  • Chip and Pin
    • The cardholder will have a unique 4 digit PIN that they will enter to complete the transaction  (ergo: “PIN Debit”)
  • Chip and Signature
    • The consumer would still insert the card but would only be required to sign
  • Contactless
    • EMV transactions can also be performed with a contactless device that would transmit the payment information via NFC like a smartphone, contactless card or fob (such as ApplePay)

PCI vs EMV

EMV and PCI are not mutually exclusive. While the liability shift has direct impact on all business throughout the US as does PCI compliance, EMV and PCI compliance do not hinge upon one another. PCI compliance is a standard set forth by the PCI Security Standards Council™, and the specific requirements vary according to the type of business and individual operating practice. The PCI Data Security Standard (PCI DSS) was developed to encourage and enhance cardholder data security and facilitate the broad adoption of data security measures. The  PCI DSS provides a baseline of technical and operational requirements designed to protect cardholder data. At the highest level PCI DSS encompasses the following core activities:  
  • Build and maintain a secure network and systems
  • Protect cardholder data
  • Maintain a vulnerability management program
  • Implement strong access control measures
  • Regularly monitor and test networks
  • Maintain an information security policy
Currently, the EMV requirement does not impact the need for PCI compliance, or vice versa. EMV is coming, and as a retailer it’s imperative to explore your options and to be aware of the potential ramifications for lack of compliance. As details are still forthcoming on the EMV rollout, please contact us should you have any questions about EMV and your Retail Pro system using our exclusive partner, Cayan.  
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Cayan_logo

New name and identity set course for payment innovation

Boston, MA — January 5, 2015 — Merchant Warehouse®, the leading provider of payment technologies and processing solutions, today unveils its new name, Cayan™. The new identity reflects the company’s bold vision and commitment to continued innovation in the future. Merchant Warehouse launched in 1998 with a focus on credit card processing and merchant services. A few years ago, they jumped on a massive opportunity that expanded their focus. Predicting that an influx of new payment types would enter the market, the company launched Cayan Genius®, the first Customer Engagement Platform® to capitalize on the possibilities for payments today and in the future. Genius is designed to evolve and scale for growth, enabling businesses to add new payment types, gift card programs and loyalty solutions at any time, without disrupting existing point-of-sale systems. “The launch of Genius was a defining moment for our company. We changed the market, empowering businesses to adopt the latest payment technologies without overhauling their point-of-sale systems or jeopardizing security. By pioneering mobile payment acceptance, we were the first to show businesses that the payment creates an engagement opportunity,” said Cayan CEO and Founder Henry Helgeson. “As we built Genius, we began to realize we needed a name that better communicated our bold vision. So, we engaged our employees, customers and partners to help us understand what our brand stands for today and how it can evolve in the future. In the end, Cayan stood out as a unique name that perfectly captured our spirit of innovation and drive.” “Our original name served us well when our primary business focus was credit card transactions and merchant services. But as the market evolved, we’ve gone on to push the boundaries of payments — including how and where they occur,” added Chief Revenue Officer, Ken Paull. “We selected ‘Cayan’ as the name that will lead us into the next phase of growth for our business. We like that the word is an empty vessel, capable of taking on new meaning as we unlock the possibilities of payments.” Today the company also launched a new website, www.cayan.com. Customers and partners will notice the brand change immediately. Cayan’s new brand will also be on full display in booth #3181 at the National Retail Federation’s annual Big Show, January 11-13, 2015, in New York City, NY. Read original release here.
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