How to Increase Your Sales This Week

I often hear people say that Christmas has become too commercialized and that it’s not about the true meaning of the holiday anymore.  But no matter what your thoughts are on this, this weekend is the busiest shopping week of the year.  In fact, according the 2012 BMO Holiday Spending Outlook, it is estimated that Canadians will spend an average of $1610 per person this holiday season.  That’s a lot of money! 

Having worked as a store manager, area manager, and regional manager in the retail industry for over 10 years I know firsthand what it takes to operate a successful retail location.  As a retailer you can capitalize on consumers’ spending this week to increase the amount customers spend in your store (instead of your competitors’ store!) with a few simple sales tactics that really work.

·         Encourage multiple unit sales (UPT’s) – Set a UPT goal and hold a contest among your staff to see who can get the most units in one sale.

·         Increase your average total transaction dollar amount – Encourage your staff to make each sale a minimum amount, for example $50 per sale.

·         Show complimentary items. Don’t just tell customers about the other items in your store.  Show them!  And present them with items they already want to purchase.

·         Put items near the cash so customers will see them when they already have their money in their hand.  These are referred to as Point-of-Purchase items (or POP’s) for a good reason.  Often customers will pick up one of these items just out of curiosity while you’re entering their other items into the cash.  Train your staff well on providing exceptional customer service and selling these items will just come naturally to them.

·         Create displays that tell a story.  People purchase benefits not products.  When they can see themselves using a particular product that’s when they will buy it.  Get creative with your displays, but don’t overdo it.  You don’t want it to be so busy that the customer gets overwhelmed and walks away.

Try these tricks in your store and you’ll reap the rewards of having more sales in your cash and you'll be able to say that you helped put more money into the economy.  But amidst all the craziness, don’t forget why we celebrate Christmas in the first place.  Happy selling!