opinion

How Will You Elevate Your Retail Business in 2020?

How Will You Elevate Your Retail Business in 2020?

2020 has a futuristic ring to it. With technology advancing like never before, why aren’t our retail customer experiences advancing as well?

Customers are becoming savvier when it comes to their purchases, especially if these purchases relate to intimacy and personal pleasure. Consumers not only research products and their intended end results, they also conduct price comparisons and scour online reviews.

It’s completely understandable that it’s not wise to try to compete with Amazon’s pricing, but there are things that brick-and-mortar and online retailers can do to stand apart from the competition. Creating customer-centric experiences can grab consumers’ attention and gain their trust and loyalty. Customers are looking for guidance, seeking authority, and want to feel special and appreciated. If you and your staff can offer extra services that elevate a consumer’s shopping experience, you can compete against larger businesses that don’t capitalize on fresh ideas and next-level touches.

Not sure where to start?

I recommend defining your niche. Sure, you sell adult novelty products, but you can always add a specialty to your overall business. Perhaps your specialty can be partnering with local physicians to offer products that support erectile dysfunction and prostate massage. Consider becoming the Honeymoon Entertainment Advisor for local brides by putting together kits based on their honeymoon destinations. Or, provide a place where bachelorette parties and ladies’ night out events can be held.

Take a moment to think about your customers and your location. What are your bestselling products and is there a theme to them? Is there a need in your area that should be filled, such as a bridal and birthday registry service? 2020 is the year to think outside the box, consider new options, and offer exciting elements that can make your business stand out from the Amazons of the world.

Change takes time — but, you owe it to your business

I can imagine quite a few of your heads shaking as you consider how difficult this all seems. When will you find the time or resources to make it all happen? Just like almost every business guru advises, take care of yourself and your business first. I suggest doing a portion of this work in weekly installments. You’ll be amazed how your efforts can create a snowball effect.

Another way to get started is to start small. Why not offer gift-wrapping services? You can do a test during Valentine’s Day — or Wife Appreciation Day on September 20 — to test customer response. College campuses with student health centers can be great partners — consider offering a 15% discount to those with a valid student ID. Have you thought about creating music playlists that match the theme of your customers’ purchases? Downloadable or flash drive options can offer romantic, energized or seductive music. Plus, you could tie your special offers to a specific purchase price point to encourage larger sales.

There are even simpler ways to jumpstart 2020 sales. Change up your store’s footprint by considering how consumers shop or focusing on a shopper’s height. When possible, a shop’s most expensive items should be placed at eye level to increase their sales. The average height for American women is 5’ 4” and the average height for American men is 5’ 10” — making the area between these measurements the prime area for most purchases.

Have you heard of the 90% rule?

Ninety percent of consumers will turn right unconsciously when they enter a store. This is primarily due to the majority of people in our society being right-handed, paired with American drivers learning to drive on the right side of the road. That means creating a power wall of products inside your store to the right of the entrance can help increase sales naturally.

Don’t discount your own knowledge

While your store may offer hundreds, even thousands, of products, most customers wouldn’t think to pair erotic dice with edible oral creams. Yes, many know that blindfolds and handcuffs seem to sell well together, but consumers don’t know what products should be paired. Use your knowledge to customize your own in-store or online kits and truly create combinations that can provide customers with a more all-encompassing experience. Your kit combinations can change monthly to keep customers returning.

Did you know that for many customers one of their great worries is where to store their new toy when they get it home? Having a small breathable cotton bag with your logo on it can serve as storage — solving their conundrum — and promote your brand. It’s small, thoughtful touches like this that can convey to your customers that you have empathy, are aware of their concerns, and you can be counted on to provide them with solutions no matter what they’re looking for.

Embrace the 2020 futuristic vibe

Perhaps adding an app, a delivery service, or an online quiz to match consumers with their ideal products can add a new element to your customers’ shopping experience. Consider taking advantage of the latest technologies available to retailers.

Consider outsourcing if you need help. There are agencies available that can help with services to update in-store layout and design, provide specialized product photography that matches your brand aesthetic, create customized content, assist with PR efforts, and develop marketing/growth plans. Often just having someone to bounce ideas off of can help a retailer hone in on where their business can immediately be improved.

2020 might be your most profitable year yet!

2020 is a new decade and a time of change. Making the decision to focus on your customers and expand your business possibilities can create new profit avenues. The customers of this decade are going to want something extra or different from what has been offered in the past — and with a bit of exploration and planning, you’re going to be ready to give it to them!

Sunny Rodgers is the founder of Sunsplash Media Group, a full-service retail growth and marketing agency.

Related:  

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More Articles

profile

Electric Novelties Execs Reflect on Company Origins, Mission

When Zach Goode first crossed paths with Electric Novelties over 20 years ago, both he and the company were deeply entrenched in the apparel world. Goode was handling sales for a friend’s novelty T-shirt company, Sik World, while Electric specialized in sexy lingerie and clubwear.

Ariana Rodriguez ·
profile

Sensual Distributors Ltd. Blends Real-Life Love Story, Passion for Pleasure Biz

This local brick-and-mortar is a “mom and mom” operation led by co-owners Alana Thompson and Angini Singh, a lesbian couple who overcame their country’s strict, religious culture to create a sexual wellness boutique that serves their unique community.

Colleen Godin ·
opinion

How History Drives Marketing Strategies Today

Thanks to the efforts of activists, sex educators and members of marginalized communities, products like sex toys, lubricants and adult films have become much less stigmatized, and much more visible and accepted in the public sphere today.

Hail Groo ·
opinion

BAFTA Nominations Highlights Importance of Gender-Neutrality

While the Brit Awards have paved the way for gender inclusivity by introducing gender-neutral award categories, it has recently been confirmed that the British Academy of Film and Television Arts (BAFTA) awards will not follow suit.

Scarlett Ward ·
opinion

How to Explain Wax Play to Shoppers

When it comes to candles in the bedroom, most folks think of them as a great way to create a sexy ambiance. For folks who enjoy wax play, however, candles are also a kinky way to heat things up. While it may sound daunting to the uninitiated — because, you know, fire and hot dripping wax — wax play can be a fun and accessible sensation-play option, as well as an excellent intro to BDSM.

Rebecca Weinberg ·
trends

An Inside Look at the Decision-Making Process of Expert Merchandisers

Buyers in the sexual wellness industry bear a weighty responsibility. They must strike the perfect balance between meeting customers’ demonstrated needs with tried-and-true products, and staying on top of the latest trends — and that is only scratching the surface.

profile

WIA Profile: Catherine Corsaro

As director of product training and information for JO parent company CC Wellness, Corsaro oversees all sexual health and product education from the company’s Valencia, California headquarters, including training new reps who may have never touched a bottle of lube until their first day on the job.

Women In Adult ·
profile

Novum Veteran Executive Team Leverages Expertise to Grow Brand

Novum Brands may be relatively new on the sex toy scene, but there’s nothing green about George Gatziaris and Vadim Daysudov, who together founded, own and helm the business.

Colleen Godin ·
opinion

Al and Michele Harrington Discuss Vision for Pleasure Brand Love Verb

Former NBA player Al Harrington has matched his success on the hardwood with equally impressive accomplishments in the business world, including creating cannabis company Viola. Now, Harrington and his wife, Michele, have expanded their business portfolio with Love Verb, a venture aimed at enhancing couples’ intimacy through a variety of pleasure products.

Quinton Bellamie ·
opinion

A Look at the Benefits of AI for Optimizing Retail Operations

In the ever-evolving landscape of retail tech, staying ahead of the curve is not just advantageous — it’s mandatory for survival. Currently, small-to-midsize retailers face an unprecedented opportunity to leverage artificial intelligence (AI) features to gain an advantage, enhance employee productivity and optimize operations.

Sean Quinn ·
Show More