Blog: Buying isn't always everything, but it certainly counts for a lot
Petah Marian | 19 October 2011
While H Gordon Selfridge, the founder of Selfridges, may have been the originator of that retail truism that "the customer is always right", he also ran his store guided by the principle of treating customers "as guests when they come and when they go, whether or not they buy".
This philosophy has continued through the years, and I happily spent over two hours visiting the retailer's store last weekend, taking time out to see an exhibition called the Museum of Everything.
I thought the exhibition was interesting, but if you want to know more about it from an expert, head here.
Wandering around the exhibition, I was reminded of was one of the ideas that seemed to gain traction at the World Retail Congress around ideas of authenticity and that buying isn't always everything.
The exhibition, and the Bonpas and Parr lake the retailer installed on its roof over the summer, hark back to Selfridges heritage, a time when it was considered a "pleasure spot", when its roof hosted gardens, cafés and golf courses. These sorts of events are a perfect example of how even though fashions change, it has been able to stay true to an idea of itself - one that is not necessarily all about buying stuff.
And, at a time when consumers are loath to shop, getting people in the door and onto the high street, means that half the battle has been won.
Another example, which contradicts Selfridge's advice, occurred in Whistles last night. I went in with the serious intention of buying a trench coat that I'd seen online.
It wasn't a good fit and looked terrible on me, but I was still toying with the idea of buying it having spent so long admiring it from afar. However, some gentle discouragement from a very nice sales assistant gave me the second opinion I needed to do the right thing-put it back on the shelf. In this environment, it takes a certain degree of faith in the customer's loyalty to be able to do this - to play the longer game with them and know that if you treat them well they will return.
Saving the best until last, I was speaking to Collective Brands' interim CEO Michael Massey a couple of weeks ago about the company's efforts in Latin America. Massey highlighted how in some Payless stores the company runs portable breast screening units as part of its Breast Cancer awareness programmes. "Retail is more than selling shoes - you can do good," he said.
Exciting the consumer, generating loyalty and treating them well often seems to be forgotten in the current climate of markdowns and an ongoing plaintive wail about continuing poor consumer confidence. It's certainly nice to see some different themes emerging.
Over the past month, Donald Trump and his team failed to offer any clear plan to ensure Americans would "Buy American, Hire American" - while the British government's attempts to clarify the specifics...
The Bangladesh government was forced to respond late last week to pressure over its crackdown on labour activists after a number of global brands and retailers, including H&M and Inditex announced pla...
Fresh from their disappointment at seeing the Trans-Pacific Partnership (TPP) free trade deal abandoned last month with an executive order by President Donald Trump, the US apparel and footwear sector...
With the ultimate aim of ensuring all the cotton in its products is sourced sustainably, value clothing retailer Primark is adamant that having a business model focused on offering the lowest prices o...
- Digitalisation and data to disrupt supply chains
- 3D CAD comes of age
- EU eyes mandatory due diligence for apparel supply
- Unlocks for the future fashion sourcing landscape
- What TTIP might mean for US, EU textiles & apparel
- Li & Fung forms supply chain partnership with PVH
- Big data to help US firms improve clothing fit
- Levi Strauss and ILO probe Cambodia factory death
- US Q4 in brief – G-III Apparel, Finish Line
- Labour rights risk Bangladesh EU trade benefits?
- Central and East Europe Report Package
- Central America strategic sourcing review - a focus on Guatemala, El Salvador and Honduras
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Outdoor performance apparel 2016: A broader perspective
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack