Customer Service and Retail Selling
High-quality service - A service that meets or exceeds customers’ expectations.A way in which retailers provide the high-quality service expected and reduce customer defections is through relationship retailing programs.
Relationship retailing programs - The activities designed to attract, retain, and enhance long-term relationships with customers
Retailers can develop long-term relationships with their customers by offering:
- financial benefits
- social benefits
3 Basic Tasks for Retailers:
- Get customers into your store
- Convert them into customers
- Operate efficiently
Customer service consists of all those activities performed by the retailer that influence:
- the ease with which a potential customer can shop or learn about the store’s offerin --- includes web-site etc.
- the ease with which a transaction can be completed once the customer attempts to make a purchase.
- the customer’s satisfaction with the transaction.
Transient customer - An individual who is dissatisfied with the level of customer service offered at a store or stores and is seeking an alternative store with the level of customer service that he or she thinks is appropriate.
Customer service must be integrated into all the following aspects of retailing (same as price and promotion):
Pretransaction services - Provided to the customer prior to entering the store: Convenient hours (7 Eleven); Information aids
- Merchandise management
- Building and fixture management
- Promotion management
- Price management
- Credit management
Transaction services - Provided to customers when they are in the store shopping and transacting business:
- Credit
- Layaway (Kmart; tough economic times, less so with credit availability)
- Gift wrapping and packaging
- Check cashing
- Gift cards
- Personal shopping
- Merchandise availability
- Personal selling
- Sales transaction (Apple; Wal Mart-self checkout via mobile app)
Personal shopping - An individual who is a professional shopper performs the shopping role for another; very upscale department and specialty stores offer personal shoppers to their clients.
Dwell time - The amount of time a consumer must spend waiting to complete a purchase.
Posttransaction services - Provided to customers after they have purchased merchandise or services.
Complaint handling; Merchandise returns, which includes: Renting, not buying; Fraudulent employee actions; Shoplift returns; Price switching
Servicing, repair, and warranties; Delivery; Postsale follow-up
Balance between vendor expectations, and customer expectations, with regard to Retailer's Sales Force.
Retail Sales Management
Types of retail selling:
- order takers
- order getters
Retailers that concentrate on the sale of shopping goods want their salespeople to both get and take orders.
In lines of retail trade where predominantly convenience goods are sold, the role of the salesperson is that of an order taker.
It is generally true that retailers with high margins and high levels of customer service place more emphasis on order getting; those with low margins and a low customer service policy tend to emphasize order taking.
Salesperson selection
Hiring criteria
Predictors
- Demographics
- Personality
- Knowledge and intelligence
- Experience
- Passion
Salesperson training
- Retailer’s policies
- Merchandise
- Customer types
Genius Training Student Workbook
Approach customers with a personalized, warm welcome.
Probe politely to understand the customer’s needs (ask closed and open-ended questions).
Present a solution for the customer to take home today.
Listen for and resolve any issues or concerns.
End with a fond farewell and an invitation to return
Show empathy, not sympathy. Do not apologise.
Three Fs: Feel, Felt, and Found.
Customer: This Mac is just too expensive.
Genius: I can see how you'd feel this way. I felt the price was a little high, but I found it's a real value because of all the built-in software and capabilities.
Evaluation of salespeople
Performance standards:
- Conversion rate
- Sales per hour
- Use of time (Selling time, Nonselling time, Idle time, Absent time)
Conversion rate - Percentage of shoppers that enter the store that are converted into purchasers.
Sales per hour is computed by dividing total dollar sales over a particular time frame by total salesperson or sales-force hours.
Retail Sales Process:
- Prospecting
- Approach
- Sales Presentation
- Closing Sale
- Suggestion Selling
Prospecting - Locating or identifying potential customers who have the ability and willingness to purchase your product.
Closing the sale - Action the salesperson takes to bring a potential sale to its natural conclusion.
Compensation
- Commission
- Salary
- Mix