RETAILERS
MAKE NICE
Retail business is either very good or very bad.
It seems like only yesterday that retailers told
us to either “take it or leave it.”
But the tides have changed and retailers are cozying
up to consumers with such familiarity that I wonder
if Bloomingdales will be sending me flowers on
my next birthday.
There
are other reasons for this query. I recently received
a gift card from Saks Fifth Avenue for $25. All
I have to do is spend $250 and I get $25 off my
purchase. Bloomingdales sent me a lovely brochure/greeting
card with offers of up to 60% off all my purchases.
If I spend $100 I will get $25 off my bounty.
There are coupons and nice little notes of affection.
Stein Mart also chimed in with a card that said,
“Thank you for joining our Preferred Customer
Program. Start enjoying your exclusive savings
now and take 20% off any one item.”
And if you think these bargains are a nice gesture,
Saks Fifth Avenue went the extra mile in NYC last
week when they served shoppers (myself included)
free sparkling water with lemon in wine glasses.
The drinks were served by handsome men in tuxedos
(on the main floor) and you didn’t have
to buy a thing to be served country club style.
I assume retailers have learned that bonding
with your customer is almost as important as giving
them what they want. Because we all know that
most people in the US have enough of everything
in their closets. It’s nice to get a few
bucks off a purchase, but consumers have thrown
in a new caveat: They want to be coddled. They
want stores to care about them and shower them
with affection. After all, you can’t go
into therapy together so both parties have to
be open about their mutual respect. After all
isn’t it a fact that the basis of any relationship
is respect?

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