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Although
women are more likely to experience problems, the issue can be
more detrimental to retailers' business when male shoppers are
involved. Men are nearly 20% less likely to recommend a store
where they experienced problems than women.
When it comes to purchases for the home, women are the
undisputed decision-makers. Women contribute $4 trillion dollars
annually to U.S. retail spending, and with the National Retail
Federation recently reporting that the average consumer spent
3.5% less this Black Friday as compared to last year (see
story), retailers need to cater to the needs of women more
than ever.
"In a year in which retailers need to work extra hard to attract
customers, it's clear that delivering a great shopping
experience is going to mean short term sales and long term
benefits for the retailer in the form of loyalty and positive
word-of-mouth," said Delia Passi, Founder of consulting company
WomenCertified. Passi, author of Winning the Toughest Customer:
The Essential Guide to Selling to Women, is the nation's leading
authority on selling to women.
In a recent survey, WomenCertified asked female consumers a
series of questions about how they cope with the retail
environment. The results show that high quality service and
stress-free shopping is essential in achieving shopper
satisfaction.
"The women we talked to reinforced their need for a sales
environment in which they could easily find what they needed and
could get the help they were looking for," explained Passi.
"Sometimes something as simple as ensuring there are clean
bathroom facilities or making eye contact while conversing with
the shopper can make the difference between a positive sales
experience and one that has women promising never to return to
the store."
In study published by Jay H. Baker Retail Initiative at the
Wharton School titled "Men Buy, Women Shop", found that
successfully selling to women will lead to exceeding the
expectations of men, highlighting the need to fulfill the higher
order shopping desires of women. The study also notes the
primary challenge women have with retailers is the lack of
customer service.
Passi says that retailers often come up short in selling to
women. "This study demonstrates the need for sales
representatives to provide more positive shopping experiences
for the female consumer."
Some of the most relevant areas of opportunity for retailers
noted by Ms. Passi are:
-- Spend time simply helping the shopper and responding to her
needs. Problems are easily mitigated by a sales representative
having patience and interest in the shopper.
-- If sales associates make women feel like they've had a great
experience in the store, females are far more likely to remain
loyal to that store in the future.
-- If a sales associate attempts to be genuine and empathetic
towards a female shopper, that shopper will be highly
appreciative and more than likely return to the store.
"Men and women generally want the same things when shopping, but
on the whole women want more. Women are looking for high quality
experiences at multiple touch points, versus men who are more
task-oriented. Recognizing these different shopping mindsets is
why WomenCertified believes women should feel empowered and
demand more positive shopping experiences from their local
retailers," concluded Ms. Passi.
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