• A Retailer's Secret Weapon: How A Simple Playlist Can Increase Sales by 10% - Dean Cherny

  • Jul 11 2024
  • Length: 43 mins
  • Podcast

A Retailer's Secret Weapon: How A Simple Playlist Can Increase Sales by 10% - Dean Cherny  By  cover art

A Retailer's Secret Weapon: How A Simple Playlist Can Increase Sales by 10% - Dean Cherny

  • Summary

  • I walked into a cute little boutique the other day. The store windows were gorgeous and there was a pink top on the mannequin which had caught my eye.

    Excited that I had stumbled across a piece of clothing that was my "season" (Clear Spring if you were wondering - SOOOO hard to find with all the muted colorways everywhere), I entered the shop and... this probably sounds a little woo-woo,
    But the energy was just...
    All
    Wrong
    I couldn't pinpoint it at the time, but as I quickly walked around looking for the pink shirt (which I never did find), it all felt a little off.
    So off is exactly what I did.
    I headed out of that store, with my money in my wallet.

    Fast forward a couple of weeks later, and I was chatting with Dean and he was telling me about how music makes such a difference for retail stores.
    It was during this conversation, that it all clicked.
    I didn't realise it at the time, but that "cute little boutique" felt dead, because there was no music - no ambiance.

    But the real kicker came when Dean told me that stores with THE RIGHT playlist, typically see an increase in sales of TEN PERCENT.

    Say what now?
    10% more sales, just for knowing what to play?
    I'm all for that.

    But how do you know "what's right", so you can cash in?

    Listen in and find out.

    --------

    The impact of music in retail stores. 0:02

    Starting a music business, 34 years in the making. 1:43

    Music in retail stores and its impact on staff and customers. 7:12

    Using brand archetypes to inform music choices for a clothing brand. 12:55

    Leadership, creativity, and music preferences. 18:17

    Music's impact on retail sales, with studies showing positive results for "right fit" music. 21:38

    Music selection and censorship in retail stores. 27:41

    Music licensing and compliance for retail stores. 32:26

    Music and digital signage for retail stores. 38:42

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    Full article: https://salenaknight.com/a-retailers-secret-weapon-how-a-simple-playlist-can-increase-sales-by-10-dean-cherny/

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