Best-in-Class Merchandising at Innisfree - WSL Strategic Retail

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Best-in-Class Merchandising at Innisfree - WSL Strategic Retail
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
Best-in-Class Merchandising at Innisfree - WSL Strategic Retail
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

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Best-in-Class Merchandising at Innisfree - WSL Strategic Retail
1 Strong brand story that is clearly communicated

The floor to ceiling living plant wall at the
entrance screams the “natural” message.

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Best-in-Class Merchandising at Innisfree - WSL Strategic Retail
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.

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Best-in-Class Merchandising at Innisfree - WSL Strategic Retail
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)….

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Best-in-Class Merchandising at Innisfree - WSL Strategic Retail
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.

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Best-in-Class Merchandising at Innisfree - WSL Strategic Retail
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.

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Best-in-Class Merchandising at Innisfree - WSL Strategic Retail
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.

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Best-in-Class Merchandising at Innisfree - WSL Strategic Retail
Shoppers can take home a detailed
education card to better understand   Signage is simple
ingredients, tips and usage.
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Best-in-Class Merchandising at Innisfree - WSL Strategic Retail
A diagnostic tool takes a precise read of
your skin’s tone and matches you to the
right foundation.

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4 Product customization
                          Shoppers can choose their own colors and create “My
                          Palette (eye shadow)” and “My Compact” (foundation).

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Shoppers can customize their own masks – by choosing a Base and
Toppings (based on specific skin concerns)

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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.?)
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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).

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A large sink invites shoppers to touch and play with product.
Testers and “Try Me” displays are throughout the store.

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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.

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CONTACT ELIZABETH GRETKOWSKI: EGRETKOWSKI@WSLSTRATEGICRETAIL.COM
         FOR QUESTIONS OR ADDITIONAL INFORMATION ABOUT THIS RESEARCH

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