HP Innovation Journal Issue 15: Summer 2020 | Page 46

Acceleration of Change Retail “It’s easier than you think to sell virtually,” Elliott says. “For brick-and-mortar retailers who’ve lost their main channel—the street—it’s critical to get them online.” Tilden and her staff reached out to vendors, many of whom are local artists, to source photographs and product descriptions for the store’s website. At the same time, she placed orders for shipping and packaging supplies and purchased a label printer. Tilden was able to launch online ordering 10 days after closing her doors and says the move not only helped her reach new customers, but also reconnect with customers who have moved away but still love her store. “It’s a silver lining,” she says. “Without this happening, I would not have had online shopping up and running anytime soon.” S ONE MORE PAGE BOOKS EILEEN McGERVEY, OWNER ARLINGTON, VIRGINIA “Whatever it takes, we’ll do it. ” Shopkeeper tip: Connect with customers where they are— flexibility is key. Connecting with customers where they are—at home McGervey says the pandemic has been especially tough for small booksellers, who rely on unique, in-person events such as author readings and book clubs to distinguish themselves from larger competitors. Now that those events aren’t possible, she’s turned to social media, setting up regular Zoom sessions for author talks and book clubs. On Fridays, McGervey and two staff members put on masks and sit at least six feet apart to deliver a “State of the Store” address on Facebook Live. They chat about newly arrived books, reveal just-delivered puzzles, and keep customers informed and engaged with what’s happening at the store. “We’ve had to pivot quickly, beefing up our online presence,” she says about her innovations. “We’re trying to keep communication open.” Along with a steady cadence of communication with customers, Ray says personalization is key for small businesses to stay relevant and top of mind. “You can’t overcommunicate at all,” he says. “Talk to people as narrowly as you can.” He recommends dedicating time to building a customer database, segmenting customers based on their preferences, and crafting unique messages for each segment. For example, businesses can use a service like BombBomb to send personalized video emails that stand out in a customer’s inbox. Another way to differentiate yourself, he says, is to invest in better technology. Multiple video cameras, more lighting, and better microphones can make promotional videos more engaging. And investing in a business-quality PC, printer, and additional display screens can help a business owner manage online marketing, sales, and shipping as efficiently as possible, setting them up for success after the current crisis subsides. “This is the time to build your [contact] list, educate people, and find moments of delight for customers,” he says. “It’s the time to experiment.” Finding new ways to deliver value From how they market to what they offer, Li says small businesses must be nimble and come up with novel ways to keep current customers interested and attract new ones in these uncertain times. “The whole competitive landscape is changing,” he says. “You have to prepare and change your business model to be innovative and develop new things for the new normal.” This is where a small business’s personal relationships within their local community can be a strength. In the Harris Poll, 67% of small-business owners said they feel a responsibility to their local community, and onefourth of American consumers said they’ve purchased something from a small business as a show of support during the pandemic. At all four Local Foods in Houston, owner Benjy Levit, who comes from a family of grocers, transformed his counter-service restaurants into pop-up markets over a weekend, adding produce boxes and other grocery items to his restaurant’s website so customers could place orders online and then have them delivered or pick them up curbside. “I saw a real need for fresh fruits and vegetables in our neighborhoods,” Levit says. “The market is our most significant pivot.” The chef is making homemade granola and pickled vegetables for sale, packaged with stickers Levit prints in-house to continue building the Local Foods brand as business shifts. Levit has also partnered with dozens of local businesses to sell their products in his market. “Our customers are finding it’s fun and different,” he says. “It’s given us a real energy.” Curating or bundling products is another strategy that’s helping small businesses appeal to customers and make their products stand out. At Meus boutique in Maplewood, New Jersey, owner Marichella Diwa has curated her digital shop toward self-care and home INNOVATION/ SUMMER 2020 44