SlideShare a Scribd company logo
It´s all about the prices!
        by Plamena
My observation exercise included 6 stores on a main street in
Bochum, Germany. The observation itself did not lead to any
new discoveries about new businesses but it did help me
rediscover the retail world with fresh eyes.

Instead of being there to buy I went there to discover the
ideas behind the face of the shop. And after gathering the
following data, I came up with the following conclusions1.




1
  Please do have in mind that I was not very welcome to take pictures inside the store. Even though this
interfered with my assignment, it also led to a new discovery that I kindly included in my conclusions.
1. A doormat imitates a `welcome doormat`
2. A beautiful girl poster at the back attracts and one could
see it from the door

3.An interesting idea with the legs on the
wall; however the light in the store doesn´t
concentrate on the items but rather on the
walls.
4. The drawers look like those we use at
home and not typical store drawers
The electronics store was full with posters with text on them,
even the ads on the windows were mainly with posters and
no items. The information was too overwhelming.
The beauty shop was on the other hand full with posters with
no text on them but with beautiful faces. The lights were
invisible and they were coming from the advertising posters
of the different brands. Window ads with posters & products.
The book store was the most appealing one with its bright
colors. It was the store with the most items (both discounted
and not) to be sold outside the premises of the store.
This was the least appealing store: the featured items on the
window were not well illuminated and the colors were too
dark. The idea behind the colors might be to represent luxury
goods, however, one could not see well enough the item. So,
even though the quality of the product is good, one could not
see it inside the shop. Also, the three signs of the store were
quite confusing.
Who doesn´t know C&A? Well, apparently this is what they
use to reduce costs in their stores. The lights were ok, the
colors of the store were ok, the temperature inside was ok,
everything was ok. With this ok their items were losing their
light (quality). The one thing that was well displayed were the
price tags and the price posters which were screaming: Look,
I´m cheap, buy me! The whole concept of cheap selling in
bulk did not appeal to me very much, but then again I did
enter the shop. All this tells me that whatever the
representation, a client is FIRST led by a price.
To sum up, If I ever open a store it will have the following
features (description for a clothing shop):

one relatively big sign but not that big
colorful external representation
open door
a combination of well illuminated posters with beautiful girls
on it & mannequins with featured trendy cloths
a welcome doormat with the name of my shop
white colors with lights mainly on the items
products displayed at eye level
high ceiling
music playing
sparse merchandise
distinctive smell
something to remind the cozy atmosphere at home but also
luxury items to tell you that you experience something that
you cannot at home
a camera to take pictures of the people trying the cloths on
...
And very well displayed prices. This is the main drive for a
person to come inside your store.

Thank you for taking time reading my small
paper! :)

Plamena

More Related Content

What's hot

Paying attention
Paying attentionPaying attention
Paying attention
asefnoor
 
Are you paying attention
Are you paying attentionAre you paying attention
Are you paying attention
afshinhakimi
 
OBSERVATION IN A RETAIL STORE
OBSERVATION IN A RETAIL STOREOBSERVATION IN A RETAIL STORE
OBSERVATION IN A RETAIL STOREHitesh Jain
 
Pay attention, A Crash Course in Creativity 2012
Pay attention, A Crash Course in Creativity 2012Pay attention, A Crash Course in Creativity 2012
Pay attention, A Crash Course in Creativity 2012
École Polytechnique Fédérale de Lausanne
 
Observationsby monicarinaldi
Observationsby monicarinaldiObservationsby monicarinaldi
Observationsby monicarinaldimonicainesrinaldi
 
Didactic unit material
Didactic unit  materialDidactic unit  material
Didactic unit materialedescamps
 
Are You Paying Attention?
Are You Paying Attention?Are You Paying Attention?
Are You Paying Attention?
NadiaThePhotographer
 

What's hot (7)

Paying attention
Paying attentionPaying attention
Paying attention
 
Are you paying attention
Are you paying attentionAre you paying attention
Are you paying attention
 
OBSERVATION IN A RETAIL STORE
OBSERVATION IN A RETAIL STOREOBSERVATION IN A RETAIL STORE
OBSERVATION IN A RETAIL STORE
 
Pay attention, A Crash Course in Creativity 2012
Pay attention, A Crash Course in Creativity 2012Pay attention, A Crash Course in Creativity 2012
Pay attention, A Crash Course in Creativity 2012
 
Observationsby monicarinaldi
Observationsby monicarinaldiObservationsby monicarinaldi
Observationsby monicarinaldi
 
Didactic unit material
Didactic unit  materialDidactic unit  material
Didactic unit material
 
Are You Paying Attention?
Are You Paying Attention?Are You Paying Attention?
Are You Paying Attention?
 

Similar to Its all about the prices by Plamena

Assg. 2, observations!
Assg. 2, observations!Assg. 2, observations!
Assg. 2, observations!
Beatrice020710
 
Final versionCrash course in creativity assignment 2 slides by f challandes a...
Final versionCrash course in creativity assignment 2 slides by f challandes a...Final versionCrash course in creativity assignment 2 slides by f challandes a...
Final versionCrash course in creativity assignment 2 slides by f challandes a...fedeone2
 
Obervations in the shops
Obervations in the shopsObervations in the shops
Obervations in the shopssasisoy
 
The Attention project
The Attention projectThe Attention project
The Attention project
Andrei Cioboata
 
Inquisitive shopper
Inquisitive shopperInquisitive shopper
Inquisitive shopper
Nataliya Katsman
 
Observation Lab - Traditional stores vs. Big malls
Observation Lab - Traditional stores vs. Big mallsObservation Lab - Traditional stores vs. Big malls
Observation Lab - Traditional stores vs. Big malls
amarkule
 
Are you paying attention
Are you paying attentionAre you paying attention
Are you paying attention
rumadiaz
 
Are you paying attention
Are you paying attentionAre you paying attention
Are you paying attentionAarati Rao
 
Assignment 2
Assignment 2Assignment 2
Assignment 2uiouioui
 
Assignment 2 paying attention panaya
Assignment 2 paying attention panayaAssignment 2 paying attention panaya
Assignment 2 paying attention panayapanayah
 
Are you paying attention
Are you paying attentionAre you paying attention
Are you paying attention
carolinekyungae
 
Observation lab assignment2
Observation lab assignment2Observation lab assignment2
Observation lab assignment2crisstinam
 
Are you paying attention
Are you paying attentionAre you paying attention
Are you paying attention
David Arturo Lazcano
 
Observation Lab.pdf
Observation Lab.pdfObservation Lab.pdf
Observation Lab.pdf
LaurenSchneider37
 
paying attention..
paying attention..paying attention..
paying attention..krystalia
 
Investigative shopping
Investigative shoppingInvestigative shopping
Investigative shoppingakremy
 
TEM 431_ Observation Lab.pptx
TEM 431_ Observation Lab.pptxTEM 431_ Observation Lab.pptx
TEM 431_ Observation Lab.pptx
lzollner
 
Observation Lab - 2nd assignment
Observation Lab - 2nd assignmentObservation Lab - 2nd assignment
Observation Lab - 2nd assignment
isabel_armada
 

Similar to Its all about the prices by Plamena (20)

Assg. 2, observations!
Assg. 2, observations!Assg. 2, observations!
Assg. 2, observations!
 
Final versionCrash course in creativity assignment 2 slides by f challandes a...
Final versionCrash course in creativity assignment 2 slides by f challandes a...Final versionCrash course in creativity assignment 2 slides by f challandes a...
Final versionCrash course in creativity assignment 2 slides by f challandes a...
 
Obervations in the shops
Obervations in the shopsObervations in the shops
Obervations in the shops
 
The Attention project
The Attention projectThe Attention project
The Attention project
 
The Atenttion Project
The Atenttion ProjectThe Atenttion Project
The Atenttion Project
 
Inquisitive shopper
Inquisitive shopperInquisitive shopper
Inquisitive shopper
 
Observation Lab - Traditional stores vs. Big malls
Observation Lab - Traditional stores vs. Big mallsObservation Lab - Traditional stores vs. Big malls
Observation Lab - Traditional stores vs. Big malls
 
Are you paying attention
Are you paying attentionAre you paying attention
Are you paying attention
 
Are you paying attention
Are you paying attentionAre you paying attention
Are you paying attention
 
Assignment 2
Assignment 2Assignment 2
Assignment 2
 
Assignment 2 paying attention panaya
Assignment 2 paying attention panayaAssignment 2 paying attention panaya
Assignment 2 paying attention panaya
 
Are you paying attention
Are you paying attentionAre you paying attention
Are you paying attention
 
Observation lab assignment2
Observation lab assignment2Observation lab assignment2
Observation lab assignment2
 
Are you paying attention
Are you paying attentionAre you paying attention
Are you paying attention
 
Observation Lab.pdf
Observation Lab.pdfObservation Lab.pdf
Observation Lab.pdf
 
Shops
ShopsShops
Shops
 
paying attention..
paying attention..paying attention..
paying attention..
 
Investigative shopping
Investigative shoppingInvestigative shopping
Investigative shopping
 
TEM 431_ Observation Lab.pptx
TEM 431_ Observation Lab.pptxTEM 431_ Observation Lab.pptx
TEM 431_ Observation Lab.pptx
 
Observation Lab - 2nd assignment
Observation Lab - 2nd assignmentObservation Lab - 2nd assignment
Observation Lab - 2nd assignment
 

Recently uploaded

Helen Lubchak: Тренди в управлінні проєктами та miltech (UA)
Helen Lubchak: Тренди в управлінні проєктами та miltech (UA)Helen Lubchak: Тренди в управлінні проєктами та miltech (UA)
Helen Lubchak: Тренди в управлінні проєктами та miltech (UA)
Lviv Startup Club
 
Top mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptxTop mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptx
JeremyPeirce1
 
Chapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .pptChapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .ppt
ssuser567e2d
 
Understanding User Needs and Satisfying Them
Understanding User Needs and Satisfying ThemUnderstanding User Needs and Satisfying Them
Understanding User Needs and Satisfying Them
Aggregage
 
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Boris Ziegler
 
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoAuthentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
Corey Perlman, Social Media Speaker and Consultant
 
The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...
balatucanapplelovely
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
SOFTTECHHUB
 
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraTata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Avirahi City Dholera
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Lviv Startup Club
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
marketing317746
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
 
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdfModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
fisherameliaisabella
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
DerekIwanaka1
 
Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024
Kirill Klimov
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
agatadrynko
 
Training my puppy and implementation in this story
Training my puppy and implementation in this storyTraining my puppy and implementation in this story
Training my puppy and implementation in this story
WilliamRodrigues148
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
RajPriye
 

Recently uploaded (20)

Helen Lubchak: Тренди в управлінні проєктами та miltech (UA)
Helen Lubchak: Тренди в управлінні проєктами та miltech (UA)Helen Lubchak: Тренди в управлінні проєктами та miltech (UA)
Helen Lubchak: Тренди в управлінні проєктами та miltech (UA)
 
Top mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptxTop mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptx
 
Chapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .pptChapter 7 Final business management sciences .ppt
Chapter 7 Final business management sciences .ppt
 
Understanding User Needs and Satisfying Them
Understanding User Needs and Satisfying ThemUnderstanding User Needs and Satisfying Them
Understanding User Needs and Satisfying Them
 
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
 
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoAuthentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
 
The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
 
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraTata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
 
amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05amptalk_RecruitingDeck_english_2024.06.05
amptalk_RecruitingDeck_english_2024.06.05
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
 
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdfModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
 
Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
 
Training my puppy and implementation in this story
Training my puppy and implementation in this storyTraining my puppy and implementation in this story
Training my puppy and implementation in this story
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
 

Its all about the prices by Plamena

  • 1. It´s all about the prices! by Plamena
  • 2. My observation exercise included 6 stores on a main street in Bochum, Germany. The observation itself did not lead to any new discoveries about new businesses but it did help me rediscover the retail world with fresh eyes. Instead of being there to buy I went there to discover the ideas behind the face of the shop. And after gathering the following data, I came up with the following conclusions1. 1 Please do have in mind that I was not very welcome to take pictures inside the store. Even though this interfered with my assignment, it also led to a new discovery that I kindly included in my conclusions.
  • 3. 1. A doormat imitates a `welcome doormat` 2. A beautiful girl poster at the back attracts and one could see it from the door 3.An interesting idea with the legs on the wall; however the light in the store doesn´t concentrate on the items but rather on the walls. 4. The drawers look like those we use at home and not typical store drawers
  • 4. The electronics store was full with posters with text on them, even the ads on the windows were mainly with posters and no items. The information was too overwhelming.
  • 5. The beauty shop was on the other hand full with posters with no text on them but with beautiful faces. The lights were invisible and they were coming from the advertising posters of the different brands. Window ads with posters & products.
  • 6. The book store was the most appealing one with its bright colors. It was the store with the most items (both discounted and not) to be sold outside the premises of the store.
  • 7. This was the least appealing store: the featured items on the window were not well illuminated and the colors were too dark. The idea behind the colors might be to represent luxury goods, however, one could not see well enough the item. So, even though the quality of the product is good, one could not see it inside the shop. Also, the three signs of the store were quite confusing.
  • 8. Who doesn´t know C&A? Well, apparently this is what they use to reduce costs in their stores. The lights were ok, the colors of the store were ok, the temperature inside was ok, everything was ok. With this ok their items were losing their light (quality). The one thing that was well displayed were the price tags and the price posters which were screaming: Look, I´m cheap, buy me! The whole concept of cheap selling in bulk did not appeal to me very much, but then again I did enter the shop. All this tells me that whatever the representation, a client is FIRST led by a price.
  • 9. To sum up, If I ever open a store it will have the following features (description for a clothing shop): one relatively big sign but not that big colorful external representation open door a combination of well illuminated posters with beautiful girls on it & mannequins with featured trendy cloths a welcome doormat with the name of my shop white colors with lights mainly on the items products displayed at eye level high ceiling music playing sparse merchandise distinctive smell something to remind the cozy atmosphere at home but also luxury items to tell you that you experience something that you cannot at home a camera to take pictures of the people trying the cloths on ... And very well displayed prices. This is the main drive for a person to come inside your store. Thank you for taking time reading my small paper! :) Plamena