A Retailer's Secret Weapon: How A Simple Playlist Can Increase Sales by 10% - Dean Cherny
Manage episode 428387442 series 3558204
I walked into a cute little boutique the other day. The store windows were gorgeous and there was a pink top on the mannequin which had caught my eye.
Excited that I had stumbled across a piece of clothing that was my "season" (Clear Spring if you were wondering - SOOOO hard to find with all the muted colorways everywhere), I entered the shop and... this probably sounds a little woo-woo, But the energy was just... All Wrong I couldn't pinpoint it at the time, but as I quickly walked around looking for the pink shirt (which I never did find), it all felt a little off. So off is exactly what I did. I headed out of that store, with my money in my wallet.
Fast forward a couple of weeks later, and I was chatting with Dean and he was telling me about how music makes such a difference for retail stores. It was during this conversation, that it all clicked. I didn't realise it at the time, but that "cute little boutique" felt dead, because there was no music - no ambiance.
But the real kicker came when Dean told me that stores with THE RIGHT playlist, typically see an increase in sales of TEN PERCENT.
Say what now? 10% more sales, just for knowing what to play? I'm all for that.
But how do you know "what's right", so you can cash in?
Listen in and find out.
--------
The impact of music in retail stores. 0:02
Starting a music business, 34 years in the making. 1:43
Music in retail stores and its impact on staff and customers. 7:12
Using brand archetypes to inform music choices for a clothing brand. 12:55
Leadership, creativity, and music preferences. 18:17
Music's impact on retail sales, with studies showing positive results for "right fit" music. 21:38
Music selection and censorship in retail stores. 27:41
Music licensing and compliance for retail stores. 32:26
Music and digital signage for retail stores. 38:42
--------
Full article: https://salenaknight.com/a-retailers-secret-weapon-how-a-simple-playlist-can-increase-sales-by-10-dean-cherny/
539 episod