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Lluis Martinez-Ribes

Retail innovation

Entries tagged as 'product'

THE STORE, AN EMOTIONAL SPACE_ Creating a moving story: the shopping process

9 November 2010 · 5 Comments

Image: JMF
ABSTRACT
Only recently neuroscience has provided evidence of the fact that the main route leading to decisions and preference creation is the unconcious emotional route. That is, the reasons behind the marketing mix, still adopted by many chains, have their shortcomings.

The true function of retail chains is actually not providing the customers with products or [...]

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Tags: Uncategorized · comercio · compra · convencer · experiencia de compra · insight · ir de compras · marketing · máquina de vender · neurociencia · neuroscience · proceso de compra · product · producto · retail · shopping experience · store · tienda · venta

THE MILK AT THE BACK OF THE STORE_A review of certain merchandising techniques

14 October 2009 · 1 Comment

Photo: David Naylor (flickr.com)
ABSTRACT
When stores want to increase their sales or profit margins, they generally use textbook merchandising techniques.
But oftentimes, these techniques do not address the ultimate goal of a retail company: to become the customers’ long-term preferred option. Because if customers don’t come back, no technique will do any good: the shopping trolleys will [...]

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Tags: Aqui é · EER · FIR · buying · compra · compra impulsiva · cross-selling · empresa en retailing · engine products · experiencia de compra · firm in retailing · impulse purchase · margen bruto · merchandising · product · producto · productos locomotora · profit margin · retail · retail innovation · retailing · shopping experience · up-selling