Published on August 2nd, 2017 | by Day Trader
Create a More Positive Customer Experience with Effective Business Signage
Whenever you pass a store, the business sign in front of the building is part of an organization’s recognizable brand. You can get custom-made store signs today. Some businesses will also use external signage boards. The ‘advertising signs for small business’ locations can help those organizations succeed today.
Many small businesses rely on local customers. Business signs are important for almost all businesses. However, they can be especially valuable for smaller businesses that don’t have lots of online customers. They’ll want people in a particular area to remember them. Some potential customers who might be just walking past the business should be able to see the sign and instantly know what sort of business it is. Local businesses can get regular customers this way. These people might casually decide to try a particular business, but they might still begin working with them for years. The right exterior advertising signs might help with that process.
However, the businesses that have multiple locations also need to have excellent signs. People might look for that business when they’re in a different location. These companies will be easier to find when their signs are easily identifiable. Customers also like to take new pictures of everything now, and the right sign makes a difference. (Get more here.)
Every day, consumers come into contact with about 3,000 ads and other types of promotional messages. Whether they shop in a traditional brick-and-mortar store or online, consumers will take just 3 to 7 seconds to decide whether or not to stay with their regular brands or purchase the same items from a competitor.
Even though many shoppers will conduct product research using their smartphones, 77% of these individuals will make their purchases once they’re in a store. It’s interesting to note that 82% of shoppers won’t make their final decisions until they’re in the store. In other words, they may change their minds based on what they see while waking the aisles as well as at the check-out areas.
When shopping in a store, for example, consumers will purchase about 6 to 10 items that are considered to be impulse buys. A 2014 Mass Merchant Study showed that 16% of these unplanned purchases resulted from customers seeing display racks or stands that caught their attention.
A 2011 report showed that 86% of consumers are actually willing to pay more for a better shopping experience. While each consumer may define this differently, there will usually be some overlap. This is where effective signage comes in. While having glass door business signs will encourage customers to come into a store, having indoor sign stands, mounted flyer holders, and other types of indoor signs can assist them with locating products to purchase. This includes impulse buys are well.
When shelves, bins, and other product display areas have good signage, they tend to outsell those products without signage. In conjunction with other studies, Brigham Young University found that when merchandise was accompanied by a sign, it would outsell merchandise without signage by 20%. Furthermore, even full-priced merchandise with a sign can sell better. This was the case with 18% of full-priced items that had signage.
Given the costs associated with advertising, glass door business signs and indoor signage can be more cost-effective than other promotional methods. A 30-second commercial, for example, can cost between $4.05 to $7.75 to reach 1,000 adults. However, to accomplish this same goal with effective signage will range between 3 cents and 37 cents.
If your business hasn’t updated its outdoor or indoor signs recently, you may want to explore your options. Chances are that you’ll notice an increase in business, including full-priced items and impulse buys.