Page 84 - DMGT552_VISUAL_MERCHANDISING
P. 84

Unit 4: Store Exteriors and Interiors




             Analysis and Results                                                               Notes
             Targeting the lower middle class cost cutting being its basic dharma not much attention is
             paid towards the VM part, cartons are used to display the products at the entrance the
             schemes and offers are mentioned less attention is paid towards the marketing but still the
             store is doing very well sales wise but in near future how can the VM be done as well as
             cost cutting dharma can be practiced thus contributing to increment in sales.
             The entrance of the store is messy because of lack storage space because of which the store
             keeps the stock outside but results into messy display to avoid this, the certain can occupy
             limited space and keep the rest of the space clean thus attracting the customers to enter the
             store thus adding to the sale.
             Change in Display
             The window display is not used as this may block the stores view of the customers the
             store can actually use the detachable transparent case (window display-2) to display the
             general merchandise stuff as this may make customers know about the stock available
             and this may also add to the sales as customers may come in to buy the stock and gm has
             a major margin it will also increase the profit margin and also not block the view of the
             store.
             Signages
             The signages here include MRP and fair price so that the customers can compare the price
             and understand the value of the product but customers fail to do so as the customers can’t
             understand the difference between the price and they need help of the staff so the signages
             if changed will make a difference as the customers will understand thus increasing the
             sales.
             Conclusion

             VM as said adds to the cost but its a wrong assumption it on the contrary increases sale as
             consumers gets attracted to the display of the merchandise.
             Visual merchandise is what the customer sees in the exterior and interior that creates a
             positive image of a business and results in a attention creating interest, desire, action on
             the part of the customer. A story can be commuted to the prospective customers what the
             store is all about ,it includes dramatic presentation of the merchandise of the store as well
             as other important subtle features that creates the stores overall atmosphere Eighty percent
             of the customers create the impression therefore rightly said
             “One  Picture Is worth Thousand Words” Visual merchandising today has become an
             indispensable and integral component of the fashion business. It is the tool or language
             that retailers use to communicate with the targeted customer. Visual merchandising is the
             passion and the pizzazz of retailing. Visual merchandising is a part of our popular culture.
             It adds to a pleasurable environment and has a welcome usefulness as a constant, constructive
             stimulus to better living that promotes the products of a healthy industrial economy In
             other words we can discuss visual, merchandising as the presentation of a store and its
             merchandise to the customers through the teamwork of the store’s advertising, display,
             special events, fashion coordination and merchandising departments in order to sell the
             goods and services offered by the store. Drawing the attention of the customer to enable
             him to take purchase decision within shortest possible  time, and thus augmenting the
             selling process is visual merchandising.
          Source:  http://www.indianwineacademy.com/dm_153_item_1.asp






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