Page 71 - enLIGHTenment Magazine - August 2017
P. 71
on the mark
get on tHe b.u.s.s.
merchandise that do not appeal to them and con-
I see four trends in the way showrooms interface sumes their precious time. Thus, a smaller store
with clients; as time moves forward, these core provides time-conscious clients with an easy-to-
functions will be advantages to niche retailers.
navigate oor plan of speci c selections.
The current trends in retail bow to the lighting With so many legacy businesses in the lighting
stores’ strengths: Boutique, Unique, Specialized, industry unable to re-create themselves in a smaller
and Social.
footprint, what is a large format store to do? Divide
As for the rationale that supports these distinct the space to create mini-stores inside the larger one.
retail trends, there have been seven solid years in Dedicate an area that is focused on the lifestyle en-
which customers have been able to nd detailed hancements that a product or category can provide.
product-speci c information online.
The ability to present items that are peripheral
For that reason, lighting showrooms must be- to the main categories and can be cross-sold is an
come a ractive to customers, and the B.U.S.S. additional opportunity. Think of BBQ grills and Ad-
makes that happen.
irondack chairs accenting the lighting designs in the
outdoor lifestyle display.
boutIque
Both small showrooms and sectioned, larger
There are several di erences between a boutique footprint stores provide a more comfortable and
and a standard retail store; the rst is size. Bou- personal environment for the client, making it easier
tiques take up a smaller physical footprint, and to build a relationship with them, too.
this makes an impact on the items displayed as
well as the inventory held.
unIque
If you own or are in a long-term lease of a large Your space should include categories that you are
format store, it is important to address the size passionate about. This is the place to show o the
issue head on. I’m not suggesting that you close unique product niches of our industry and that
your large store to open an intimate boutique- complement your store’s personality.
style business; instead, I propose that you make Take a chance on displaying some cu ing-edge
mini-boutiques within your current location.
technology or fashion-forward designs. Assertively
The future
Sometimes we must think small to be big. The promoting the uniqueness you bring to the market
future trend is for smaller retail footprints with a is a real bene t; it delivers potential customers the
trend is
curated appearance and are niche-focused on the message that you are di erent than the competition
market being served. This is a result of the digital around you and online.
for smaller
age coming into bloom.
Implement a unique way to a ract clients. The
retail
Theses spaces can be focused on either a methods of the past – print, TV, and billboards –
vendor or a category, but they must be curated have lost their punch in the digital revolution. Old
footprints
with a boutique feel. I recently visited Nebraska strategies do not work in the ba le for people’s at-
Furniture Mart in Dallas; it’s a huge showroom, and tention in social news feeds.
with a
one thing they did well was to create a boutique People will scroll by your sales-y ads as quickly as
feel when you entered various departments or they drive by the billboard they didn’t see.
curated
vendor-speci c areas.
Business publications buzz that specialty stores specIaLIzed
appearance
are be er than the big box stores because of their Industry expertise is an area that lighting retailers
and are
agility; they have a concentrated niche that they can stand out. Whether it’s control systems or the
are expert in and they can be on trend with their latest advancements in SSL, as an industry, we stay niche-
o erings quickly. This will give lighting stores the on the cusp of specialized lighting knowledge.
advantage as we continue into the second decade Clients know li le about the details, regardless of focused on
of digital changes.
the number of Web sites they visit. This is an op-
Online shopping (a.k.a. hours of digital discov- portunity to stake your claim as the local expert. the market
ery) has provided the client with the ability to pare Specialized knowledge extends into the way we
down in-store shopping time. Narrowing down communicate. It is said, “You can’t see the forest for being
their selection digitally has reduced the amount the trees,” and this applies to the everyday lighting served.
of people aimlessly walking through displays of
“emergencies” we face.
august 2017 | enLIGHTenment Magazine 69