As technology continues to advance, it will allow consumers to shop
in a "wholly immersive way," writes DPHA Conference keynote speaker
Doug Stephens in his spell-binding book ReEngineering Retail: The Future of Selling in a Post Digital World. Virtual
reality will take us wherever we want to go, Stephens surmises.
Virtual augmentation will create lifelike stores wherever we happen to
be at the moment. Will technology eliminate shopping as we know it?
The answer is a resounding "no". Stephens argues that "As long as
humans shop for reasons beyond the mere acquisition of things, physical
retail spaces will remain relevant. In fact, as we become increasingly
tethered to technology, they will become even more valuable, more
cherished, as our hunger for visceral and emotionally connected
experiences intensify."
Moments of discovery, surprise and delight are additional reasons
why brick-and-mortar will continue to be destinations of shopping
choice. Technological advancements have not expanded the world around
us. Instead, they contracted our vision and perspective. As Stephens
points out, Facebook does not increase our circle of friends, it
contracts who we network with by limiting our interactions to only those
who are like us and avoiding those who are not like us. The same can
be said of Netflix. It does not expand our film watching horizons, it
actually contracts them by recommending offerings that are similar to
the ones previously viewed. Recommendations based on past experiences
and patterns saps buying of the possibility of accidental discovery.
"The joy of shopping lies in the delicate balance of relevance and
randomness," Stephens writes. Humans crave the surprise and delight of
encountering products and stores we had no idea we would cherish,
products that we did not know existed or experiences that come out of
nowhere to surprise and enhance us, Stephens says.
Another reason for brick-and-mortar survival is the human need for
human interaction. We like crowds. Need proof? Watch the lines of
people outside department stores on Black Friday or outside an Apple
store before the launch of a new product.
Shopping is also physiological. "Our brains love shopping. In
fact, when it's good, retail is essentially a legalized form of crack.
No joke. Our neurological response to a great shopping experience is
virtually identical to the one produced by crack cocaine - because
they're both reliable producers of a chemical called dopamine," writes
Stephens. You don't get a jolt of dopamine buying on Amazon or any
online etailers.
Physical stores have a distinct competitive advantage over online
shopping by having the ability to deliver custom experiences.
Decorative plumbing and hardware showrooms can deliver compelling
customer experiences through working displays, demonstrations and the
ability to surprise and delight by introducing products and applications
that your customers could never have encountered regardless of how much
time they spent on Houzz or any other website.
Want to learn the secrets to making your showroom deliver jolts of
dopamine to your customers? Plan to hear Doug Stephens at the DPHA
Annual Conference and Product Showcase, October 12-15, at the Sheraton
Wild Horse Pass Resort, Chandler, AZ.
Click here to reserve for the Conference.