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By Deirdre Carroll: Senior Editor
NEW YORK—Today’s consumer is motivated differently. Retailers and
brands, who until recently had a clear sense of who their customers
were and how, when, why and at what prices they bought, find themselves
in a new world where all of these variables are in constant flux.
A lingering recession and uncertain economic times mean consumers
are more aware of how and where they spend their money. It has changed
the role of the retailer in the consumer’s eyes from solely that of a
purveyor of goods to a potentially valuable source of information,
education and service, as well as curator of quality product.
Some retailers, however, have been slow to make the adjustment.
For others, the current business climate has created a
significant opportunity to cultivate loyal relationships with skeptical
consumers who demand a sensible justification for every dollar they
spend. These retailers have become what Vision Monday calls
“storytellers” and they sell the customer not superficially on the brand
name but on what the brand stands for, why it’s worth the price and
most importantly why they should buy it from them. Ultimately, it
matters less to customers what the brand’s name is and more about the
story behind it and how well that story is told.
Vision Monday talked to several eyewear retailers who are
excelling in telling these stories to prompt today’s consumer to buy and
are realizing sales gains even in this still-tough business year.
Regardless of their size or their number of locations they all had one
thing in common: the consumer is their focus. How they are manifesting
that focus varies from retailer to retailer:
• Establishing a corporate-wide emphasis on associate training
• Demanding more participation from sales reps
• Changing the way brands are discussed and presented in store
• “Edu-taining” or educating the consumer in entertaining ways
These consumer-centric strategies are giving the retailers we spoke with a sustainable competitive advantage.
The good news? Many of these initiatives can be adopted by any
retailer or ECP—large or small, metropolitan or suburban, a
family-oriented practice or a high-end boutique. So VM distilled the
core of each retailer’s focus and pulled together a downloadable Action
Plan. This Action Plan, available only on VisionMonday.com., can help
other retailers begin to implement this new consumer-centric approach
through their own stories in their stores.
CONSUMER CENTRICITY
So what exactly does consumer-centric mean? Well according to the
“Winning at Consumer Centricity” report by Brian Ross, general manager
of Precima, an analytics firm that translates retail customer data into
critical insights for retailers and manufacturers, available through the
National Retail Federation (www.precima.com), the definition of
consumer-centricity “is a strategy based in the belief that if you are
able to identify your most important consumers and understand their
needs better than your competitors, then you can align every aspect of
your value proposition to meet those needs.”
That’s just a fancy way of saying:
1. Identify your core consumer.
2. Figure out what they want.
3. Give it to them.
Of course, giving it to them better and faster than your competitors is the key to building loyalty.
For an optical retailer like Eyetique in Pittsburgh it means
recognizing that that there are a high number of major corporations
based in the area and a large population of savvy executives, senior
level managers and corporate types who are looking for the best place to
purchase their eyewear. For Cleve Barham, owner of Fine Eyes in
Ridgeland, Miss., it means strengthening his identity as a high-end
retailer by relocating to a shopping plaza full of other retailers that
cater to affluent consumers. And for an organization like Eye Care
Centers of America (ECCA) which is a part of HVHC Inc, a Highmark
company, it means focusing on a consistent “consultative lifestyle
selling” approach and regularly monitoring the experiences of their
customers through frequent customer satisfaction evaluations.
The point is you can’t be everything to everyone, especially now
that consumer behavior has changed, but you can be the “go to” eyewear
retailer for a specific consumer segment if you clearly identify who
they are, support their values and start telling the stories that
resonate with them.
REDEFINING ‘VALUE’
As the recession brought about this shift in customer behavior,
many of today’s shoppers became focused on the concept of “value”—but
not as we in the eyewear sector traditionally know it. Value now means a
lot of things—unique design, excellent quality, and superior
service—but it no longer just means price.
“For us, value does not mean the cheapest or the most expensive
product in the store, it means the best product for the consumer based
upon their lifestyle and what their needs are,” said Jim Eisen president
of ECCA, which operates a total of 537 total locations nationally, 447
under various brands as ECCA and 90 more as Empire Vision.
“We have practiced consultative lifestyle selling for years,”
Eisen continued. “We create value by providing consumers with a good
quality frame they like and the best lenses for their lifestyle. Forget
about price, our lifestyle selling model means providing our consumers
with an end product of value because it is the best product for them at a
fair price,” Eisen said.
“Our boutique is in a high dollar area of town, so there are
still customers who can and want to spend money but they have become a
little pickier,” added Daniel Protz, owner of Eye Elegance in Houston.
“Value is perceived, and in order to make your product something they
are willing to spend money on it is all in how you word the thing and
how you interact with the customers. We provide our customers with our
undivided attention and take all the time needed to help them find what
they are looking for,” Protz said.
“We are driven by third party insurance, so the customer’s
experience is one of – If I can buy this amazing ic! berlin frame that
normally sells for $495 and I can pay $300 with insurance, than I am
going to get it,” said Brad Childs, vice president of seven Eyetique
locations. “It’s a different mindset. As long as you offer them a little
bit of value, it doesn’t even have to be a lot, they respond to it.”
Luxottica Retail’s Kristen McCabe, associate vice president of
product, sun and luxury brands, including Sunglass Hut, Ilori and
Optical Shop of Aspen, agreed. “The Polarized Destination in Sunglass
Hut is an example of how we demonstrate the features and benefits in a
real and tangible way. We are seeing the results in our growth of
polarized lenses and average unit retail. Really, you just need a
sentence or two about what make a frame special. Customers are just
looking for a good investment,” she said.
THE BRAND NARRATIVE
The truth is, optical retailers tell VM, there is no more blind
allegiance to a specific brand. Today’s consumers want to know what a
brand stands for, where it was made, how it was made and what makes it
special. They want to know there is a message attached to their purchase
that resonates with their own new values system and each brand presents
a unique opportunity to tell a different story.
“We see consumers making this connection more and more to brands
with heritage; brands that tell a story and have endured the test of
time,” explained McCabe. “These brands also carry added value through
their reputation for authenticity and quality. Our dialogue with
customers in store has evolved into something much more sophisticated.
Through different levels of storytelling in multiple touch points
throughout the store we have the opportunity to provide detailed product
information; the designer inspiration behind the frame, features and
their direct benefits—what makes this model special.”
Barham of Fine Eyes echoed that sentiment. “Each brand needs a
message. Is the brand exclusive? Is it a limited edition? Does it have
tech bells and whistles? I’m nearly 14 percent up over last year and a
premium brand that’s doing real well for me is Salt. It’s all polarized
and has a great story and is selling even with a $300 to $400 price
tag,” he said.
“It isn’t about a name, it’s about a story,” agreed Childs of
Eyetique. “My number one private label is Norman Childs Eyewear; it
sells more than every other frame collection combined. They are amazing
handmade frames, and it doesn’t matter to customers what the name is,
but the story behind it. Where it was made? How it was made? What is it
made of? It’s the story lines that matter, so we have had to make
stronger demands on our reps to do staff training, do trunk shows, my
staff needs to believe in it, so the rep needs to believe in it and if
they don’t it just isn’t going to make it. It’s a vertically integrated
belief system. If you offer the best product and believe it is the best
product, customers will buy it and our business is stronger than it has
ever been.”
But be cautious. “Your story has to always remain consistent,”
warned Protz. “An educated consumer knows if you are constantly changing
the story. Our strength is in the integrity of the message, as well as
strength of our brands.”
CONNECTING WITH CUSTOMERS
At its most basic level “telling stories” is just a clever way of
saying talk to your consumers, not at them. As Eyetique’s Childs
mentioned, relying on sales reps to educate staff about their brands and
arranging trunk shows are two great ways to get started. And learn some
of the methods of larger retail organizations with proven track records
of success and the sales figures to prove it.
“We invest heavily in training, both in-store for all associates
and all the way up to the management level,” said ECCA’s Eisen. “We
focus on two things; product knowledge, our folks have to be technically
correct on all aspects of the product, and selling knowledge. They ask
customers questions like—How do you use your glasses? How much driving
do you do? How much time do you spend outside?—so that they can
recommend the best product. We also provide training materials to our
associates around trends, brands, etc. on a regular basis. It is about
training our associates to build a rapport and establish a relationship
with the consumer.”
Luxottica’s McCabe agreed, “Training is critical. You must invest
in your associates so they have the confidence to share the stories and
to recognize a brand enthusiast when they walk in the door. Look for
the heritage cues—‘I love your Tory Burch shoes… did you know we
launched her sunglass brand this spring?’ Storytelling is as important
to the aspirational category as it is to the luxury brands.”
For Luxottica Retail it also means beginning to connect with
consumers externally. “The viral world is a key avenue for ‘edu-taining’
the customer. More often than not, consumers are spending time
researching online to make the best decision, and sizing up the
different retailers. So reaching them through email and the web is
becoming increasingly effective,” stated McCabe.
They aren’t losing that effectiveness once the consumer comes
through the door. “We are exploring ways to highlight collections on
shelf too, to help the customer make sense of the product portfolio,”
she said.
That’s a story Eisen has also identified as a road to success.
“ECCA began testing a new brand merchandising strategy which calls out
the brands we offer with more signage and presentation. It helps the
consumer understand our brand selection more effectively. We want to
ensure that the customer clearly sees the outstanding brands that we
offer; such as Guess. All new locations will have this new look. We are
currently working on a roll out strategy to update all of our key
markets over the next 24 months and we have an aggressive growth plan.
We’ll be opening 22 stores this year and even more than that next year.”
“The best stories are meant to be told and they’re not always so
apparent to the consumer, so you have to empower your team to get the
story out,” concluded McCabe.
Look for more ideas like these and a bulleted Action Plan on
effectively telling the “stories” that matter to your eyewear customers
by going to VisionMonday.com.
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dcarroll@jobson.com