The Key to Attracting and Retaining Customers: Experience

The Key to Attracting and Retaining Customers: Experience
Contrary to predictions that reataurants and shops on the highstreet were doomed, the stats show they're merely undergoing an exciting transformation.
by square Feb 21, 2019 — 2 min read
The Key to Attracting and Retaining Customers: Experience

We live in the age of the empowered customer. Constant and rapid technological evolution has changed the way we shop and dine. Smartphones are embedded in our lives, giving us information from anywhere, any time. Customers want things faster than you could have imagined even just 5 years ago.

As technology evolves — and expectations with it — traditional retail and restaurant models have come under pressure to adapt. The way people use their local high street is changing. But rather than simply threatening the existence of businesses, it’s creating a demand for them to rethink their approach to attracting and retaining customers.

Dr Cathy Hart, a senior lecturer in retail at the University of Loughborough says: “There is an assumption that shoppers have deserted the high street, but you have to look at the broader picture.” According to Which?, that broader picture shows that whilst some business types seem to be struggling with the changing high street landscape, others — convenience stores, restaurants & bars, takeaways and salons, to name a few — are growing in their numbers.

New retail and restaurant concepts have invigorated traditional, transactional dining and shopping. Retail businesses who used to be strictly eCommerce have demonstrated that brick-and-mortar isn’t dead — think of Made.com, Farfetch, Missguided and even Amazon. And all kinds of interesting restaurant concepts are popping up, from EartH Kitchen, run by a nightclub and arts venue, to Lidl’s dine-in-the-dark pop-up.

Whilst some of these concepts might seem novel, there’s a thread that joins them: the way they’ve transformed the standard customer-business transaction into an experience. Here’s how you can do the same.

Reimagine the in-store experience

From big brands to tiny boutiques, the in-store experience is being designed for the needs of the customer. One way you can do the same is to use your physical space as more of a showroom — a place for customers to experience your brand in an intimate way, rather than just as a stop on their shopping trip. Busy layouts that overwhelm the customer are solved through curation, helping them browse in comfort, try and test at their own pace and even encouraging them to buy online at a later date.

Another way is to remodel the way you take payments around the customer themselves. For example, a fixed cash till that jars with its surroundings and creates an awkward queue can be replaced with pocket-size card readers that can be taken out on to the shop floor.

Make the eCommerce experience seamless

Successful businesses have also made sure customers can buy products any way, both in-store or online, by building beautiful, easy-to-navigate eCommerce sites and intuitive mobile apps that simplify transactions. Their catalogues can be browsed on any device, and their online returns policies are built around their customers’ needs.

Communicate in new ways

Chatbots can now be used to relieve the burden of functional customer service queries, whether through dedicated apps like Intercom, or more familiar social media platforms like Facebook Messenger. This frees up time for your staff to have those complex interactions that demand more knowledge and emotion. And whilst review sites remain popular, tools like digital receipts allow you to have one-on-one conversations with customers in private after they leave your store.

There are no limits to what you can do to create customer-focused experiences. And as the high street changes, now is the time to start thinking about what suits your business and your customers’ needs best.

square
The square Editorial Team is dedicated to telling stories of business, for business owners. Our team comes from a variety of backgrounds and share a passion for providing information that helps businesses to start, run, and grow. The team is based in San Francisco, but has collaborators all over the country.

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