Smart Retail Choices: 4 Considerations When Building a Store Fixture Budget

The decision to buy retail store fixtures is a fairly easy one—you’re going to need to buy fixtures at some time or another to keep your store going. The hard part is deciding how much to spend and what to buy. Fixtures are the backbone of your business, and you definitely want to get the highest ROI from them as possible.

As you build your fixture budget for the holiday season and upcoming new year, there are some important factors to consider:

1.      Current Store Sales

What do store sales look like right now? If sales are flat, it’s probably time to look into a store makeover. Adding some more polish and excitement with custom fixtures may be just what your store needs to attract more customers. You definitely don’t want to break the bank buying new retail fixtures, but it’s important to have good-quality fixtures that reflect your store’s branding and accentuate your merchandise.

If you have multiple stores that are suffering from low sales, try testing new fixtures in one of them. Do a complete transformation of your store’s look, and keep a close eye on how sales perform and customers react. After the test period, your findings should help you decide how much to invest in store fixtures for your entire chain of stores.

2.      Design Options

Having a small budget doesn’t mean you can’t invest in high-quality retail store fixtures. It just means you have to be smart about what design you choose. Find or create a versatile fixture design that can be easily adapted to your floor space and work for multiple products. This approach gives you a double-win—you end up with fixtures that create a cohesive look throughout your store, and look great when it comes time to roll out new merchandise.

A large budget is easier to work with, but you still need to be smart. Versatile displays and fixtures are good choices, but also consider developing a custom-made display for a special piece of merchandise. A display or fixture made specifically for one product can really help that product stand out and appeal to customers. 

3.      Type of Material

Different materials come with different price tags. If you like the look of a certain material, like wood, and are working with a small budget, ask your fixture supplier if they have less expensive options that have a similar look as wood. Metal is always a good choice—it adapts well to other fixtures, is durable, and is less expensive than many other materials. With a larger budget, choosing a material like wood may be a special touch that your store needs to stand out. Choose a material that supports your store’s brand and creates a store atmosphere that appeals to your customer base.

4.      Level of Maintenance

How much work do you want to put in to keep your store fixtures looking clean and presentable? Probably not very much since the store employees are already busy helping customers and putting out merchandise. When you start planning out your fixture budget, make sure you’re looking at store fixtures and displays that are easy to maintain. A fixture that requires daily polishing, cleaning, and dusting might not be the best choice for a busy staff—especially during the holidays. Talk to your fixture supplier and get their thoughts on what materials and designs tend to be the easiest to take care of.  

Find out how Specialty Store Services can help answer your store fixture budget questions. Call us today at 1-800-999-0771 or visit our website for more information and a FREE store fixture consultation.

3 Ways Custom Retail Fixtures Can Boost Sales

“We get confused a bit about what retail is. It is really just buying things, putting them on a floor and selling them.” -Gerry Harvey, Australian furniture retailer

These days, as retailers are asked to do more with less, it’s hard to determine what’s important to invest in and what is not. Which products should you sell? How many store fixtures should you purchase? What kind? The questions can become overwhelming. In the quote above, Harvey cuts through the chaos and simplifies a retailer’s job to its simplest function: SELL. All your actions should be supporting your ultimate goal of selling more merchandise.

One of the key ways to achieve that goal is to use the right store fixture to display your products. Generic fixtures can work just fine, but sometimes, the situation calls for more. Sometimes you need a superhero to come in and save the day—a secret weapon like custom store fixtures.

Custom fixtures have more flexibility than generic ones, and can sell your products more effectively. Putting your merchandise on the floor with style can do wonders for your margins. Here are three ways that custom retail fixtures can boost store sales and drive profits:

1.      Make Fixtures More Shoppable

When you customize a fixture to fit with your stores’ unique space and feel, you give your store an extra edge. Rather than sticking your merchandise on a basic, plain fixture, you’re putting it on a fixture that has character and style. A well-made, stylish fixture appeals to customers more, making them more likely to notice your merchandise and buy. Custom fixtures that truly fit the atmosphere of your store showcase your products and provide a customer experience that draws people back.

2.      Increase Branding

Custom fixtures allow stores to increase their brand presence and give customers an exceptional experience. From signage and POP displays to garment racks and gondolas, you can design a look that fits the colors, logo, message, and values of your brand. The possibilities are only as limited as your imagination. For example, one of our athletic apparel customers really wanted a unique, branded look for their store to stand out from their competitors. Custom fixtures gave them the ability to design mesh and metal fixtures that made their products stand out. When customers now enter the store, they are immediately in a branded atmosphere that they’ll remember—and buy from.

3.      Showcase a Unique Product

Another major advantage of custom retail fixtures is their design flexibility. The color, shape, and size can be designed to uniquely fit a special product. Sometime a product needs more than a stock display or shelf. Having a well-made fixture that accentuates your product will add to its appeal and encourage customers to buy. Approach it from the viewpoint of a customer. Which product are you more likely to buy—a watch that’s sitting on a plain, white shelf, or a watch nestled on a velvet square inside a gleaming glass case?