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| Upping the WOW-factor builds brand loyalty | |
| Written by Amanda Ryder | |
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At a time when Canadian retailers are challenged to attract
increasingly cautious consumers to their stores, a new survey by Retail
Council of Canada, Verde Group and the Baker Retailing Initiative at
the Wharton School of the University of Pennsylvania reveals that
meeting this challenge may not be as complicated and expensive you
might think.
A survey of Canadian and American shoppers conducted last month found that employee engagement and a great "brand experience" rank highest among factors contributing to an exceptional shopping encounter. Consumers in both countries indicate that polite staff who are genuinely interested in helping and who listen carefully to the customer's wants and needs go a long way to leaving a lasting impression. The study also revealed that unlike their American counterparts, Canadian consumers indicate exciting store design and atmosphere play a significant role in creating a "wow" experience. "In these tough economic times, retailers are working hard to control their costs while continuing to provide value to their customers," says Andrew Siegwart, Vice President, Retail Council of Canada. "The results of this survey will certainly assist our members as they navigate their way through the current recession and look for new and innovative ways to attract and retain customers." "When a customer truly has that 'wow' experience, our study shows that their loyalty to that store increases dramatically," says Paula Courtney, President, Verde Group. "What we've also found is that price is not always the main ingredient for building customer loyalty."
Key findings:
"Discovering the WOW in the Retail Shopping Experience — 2009" was a study conducted with over 1,006 respondents using an online panel with 60% American and 40% Canadian consumers between May 11 and May 13, 2009. All respondents were randomly selected and qualified if they had purchased products at a retail store in the past month. |
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