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Posts Tagged ‘plastic point of purchase displays’

How to Capitalize on the Point of Purchase Phenomenon

Friday, April 25th, 2008

Imagine you have just finished your shopping and are standing in line at the checkout counter. Without being able to stop yourself, your attention is drawn to an eye-catching display offering a new product at a great price. You thought you had found all the items you intended to buy, but the fascinating product being advertised next to the register has piqued your interest. How could you pass up an opportunity like this? You must buy this product. It is simply too enticing not to and is available within arm’s reach! There is no need to lose your place in line and search for the product in the far reaches of the store. The product and related promotional materials are right there in front of you, displayed in an attractive manner that makes it so irresistibly appealing there is no turning back. The next thing you know you are contentedly paying for your goods, fully satisfied with the decision to make a last minute purchase.

plastic sign holders

Now it’s time to change perspectives and look at this situation from the point of view of the seller. You have just succeeded in securing a profitable sale by utilizing a point of purchase display for your product. How exactly does this phenomenon happen? How can a simple point of purchase display convert into increased sales for your business?

Attract Attention

There is no better way to entice people to buy your product or use your service than with an impressive, attention-grabbing display. A primary goal of any successful business is to outshine one’s competitors. What better way to achieve this than by using an elegantly designed display that brings your promotional literature to life! Often times, checkout counters can appear cluttered and disorderly – but you can use this to your advantage. A well-designed display will standout among the jumbled mess and make your product appear even more enticing. More importantly, however, if you succeed at capturing your customers’ interest, your chances of acquiring a sale are even higher.

Enhance Product Recognition

You may have the best product out there, but if nobody knows about it, the likelihood of your product being purchased is low. Placing an attractive point of purchase display next to the merchandise it is promoting is an optimal solution. If you are trying to get a new and innovative product out there, a point of purchase display will help you build and market your brand. It will also make your brand more memorable than your competition’s because yours is the last thing customers see before making their final purchase and leaving the store. Displaying point of purchase materials will help customers remember you and the products you sell.

Boost Product Sales

Want to be let in on a little known reality about buying behavior? Over 70% of decisions regarding what to buy are made at the point of purchase. With this in mind, if you hope to increase product sales, it is imperative you capitalize on the tendency for people to engage in last minute impulse buying. The most effective method of doing so is by using point of purchase displays that target the consumer when they are making the decision to buy.

This innovative means of promoting your product, combined with strategic placement of the display at the checkout area or other location where customers make purchases, will increase your number of sales opportunities, and ultimately, increase the profitability of your business.

Graph of boosted sales from plastic sign holders