Best-in-Class Merchandising at Innisfree - WSL Strategic Retail
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Best-in-Class Merchandising at Innisfree 862 Broadway, New York, NY WHY TO SEE IT Innisfree – a Korean beauty brand – has opened its first USA store, and it is loaded with smart merchandising. No matter what category you’re in, there are 5 ideas for you on how to create a stronger, smarter and simpler shopping experience. JANUARY 2018
5 things that make Innisfree best in class for merchandising Strong brand story that is 1 clearly communicated Simplifies a complicated 2 category Education helps shoppers 3 make selections 4 Ability to customize products 5 New ways to sample © ALL RIGHTS RESERVED 2018 2
1 Strong brand story that is clearly communicated The floor to ceiling living plant wall at the entrance screams the “natural” message. © ALL RIGHTS RESERVED 2018 3
Connect with the brand digitally. The brand’s pledge to shoppers is presented A map of Jeju Island introduces shoppers to right at the entrance. the origin of the brand’s ingredients. © ALL RIGHTS RESERVED 2018 4
Innisfree’s commitment to preserving the earth is …and the store design. (The entire store is reflected in its rewards program (exchange empty bottles eco-friendly.) for 50 loyalty points)…. © ALL RIGHTS RESERVED 2018 5
2 Simplifies a complicated category Skin Care is often confusing to shop. Innisfree presents its collections in 3 simple ways: 1) Products are organized by end-benefit (pore solution, troubled skin, nourishing hydration, anti-aging, etc.). 2) Each benefit incorporates a key ingredient (e.g., green tea, volcanic clusters). 3) Products are color-coded for easy navigation. © ALL RIGHTS RESERVED 2018 6
The “Best Sellers” display gives shoppers an Starter Kits make it easy for shoppers to shop for a easy place to start their shopping. solution without picking out multiple individual products. © ALL RIGHTS RESERVED 2018 7
3 Education helps shoppers make selections Each collection is presented with information about its benefits, ingredients, manufacturing process and how to use it (in simple shopper- friendly speak and graphics). Props tell an ingredient story. © ALL RIGHTS RESERVED 2018 8
Shoppers can take home a detailed education card to better understand Signage is simple ingredients, tips and usage. © ALL RIGHTS RESERVED 2018 9
A diagnostic tool takes a precise read of your skin’s tone and matches you to the right foundation. © ALL RIGHTS RESERVED 2018 10
4 Product customization Shoppers can choose their own colors and create “My Palette (eye shadow)” and “My Compact” (foundation). © ALL RIGHTS RESERVED 2018 11
Shoppers can customize their own masks – by choosing a Base and Toppings (based on specific skin concerns) © ALL RIGHTS RESERVED 2018 12
5 New ways to Sample Lift these wooden blocks to smell the fragrance that is embedded underneath (why can’t these be in the coffee aisle, chocolate aisle, shampoo aisle, etc.?) © ALL RIGHTS RESERVED 2018 13
Samples are a benefit to joining the Innesfree free membership program. Spend $30 and choose 1 sample sized product from this “Bite-Size Beauty Bar”. The presentation makes the samples seem special (versus getting a few samples thrown into your bag at the checkout). © ALL RIGHTS RESERVED 2018 14
A large sink invites shoppers to touch and play with product. Testers and “Try Me” displays are throughout the store. © ALL RIGHTS RESERVED 2018 15
Translating the ideas from Innisfree to your business: 1 Develop a strong brand story and clearly communicate it Dedicate prominent real estate to communicate your story, values, and what makes you relevant to shoppers. Don’t just say it, exemplify it too. Simplify the shopping experience and the shelf 2 Make the category easier to shop by understanding how shoppers like to shop for the category (e.g, end-benefit, key ingredient). A “best sellers” display gives shoppers a starting point. Starter Kits give shoppers a total solution without having to spend the time shopping for multiple products. 3 Add education that helps shoppers with selection Such as diagnostic tools that make shoppers smarter; at-shelf signage and graphics that are simple to understand; and props that tell an ingredient story. 4 Let shoppers customize products Empower them with the services and tools to mix and match, create their own products, engrave, etc. Not only does it create a value-add experience, but it also makes it feel like the product is “for me”. 5 Offer new ways to sample In-aisle samples can offer a compelling sensory experience. Takeaway samples can offer surprise and delight while introducing shoppers to something new. © ALL RIGHTS RESERVED 2018 16
CONTACT ELIZABETH GRETKOWSKI: EGRETKOWSKI@WSLSTRATEGICRETAIL.COM FOR QUESTIONS OR ADDITIONAL INFORMATION ABOUT THIS RESEARCH 3 0 7 S E V E N T H AV E N U E S U I T E 1 7 0 7 N E W Y O R K N Y 1 0 0 0 1 T 2 1 2 . 9 2 4 . 7 7 8 0 | F 2 1 2 . 9 2 4 . 7 6 0 8 | E I N F O @ W S L S T R AT E G I C R E TA I L . C O M @ WSLStrategic @ WSLStrategicRetail © WSL MARKETING INC. ALL RIGHTS RESERVED 2018
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