Michael Sheridan explains why it is more important than ever for brands and vendors to invest in their point of purchase environment
You need to be a subscriber to read this article. Click here to find out more.
As the founder of a global retail design agency, I often hear that
e-tail “must be a threat to your business”; the assumption being that
everyone now buys beauty products online. Yet this perception is
mistaken. The advent of the internet has, of course, had a profound
effect on retailers, not only as an additional retail channel but as a
catalyst for intensifying consumer demand. Fuelled by consumer appetite
and freer distribution, shoppers in the beauty sector still want access
to products in the physical space to make their choice. The physical
space allows consumers to have interaction with products in a way that
the online space can’t facilitate. Beauty product purchases can be
driven by endorsements and great reviews, but unlike clothing, cannot
so easily be exchanged. Consumers like to test, to feel, to smell,
before they make that purchase. Of course, a customer may choose to
start or finish (or indeed both) a transaction online, but the real
physical space is still a major contributor to the consumer’s decision
making process. Purchasing patterns may vary from sector to sector,
but, for beauty, compelling the senses in an all-encompassing,
immersive way is still a crucial part of this process.
Not yet a Subscriber?
This is a small extract of the full article which is available
ONLY to premium content subscribers.
Click below to get premium content on Cosmetics Business.