5 minutes – How this little number can have huge consequences
Advertorial
5 minutes – How this little number can have huge consequences
01.02.2020
It takes just 5 minutes to make a cup of tea, to chat to a colleague, to fire off an email or to catch up on the day’s news. It also takes just 5 minutes to lose a customer – possibly forever. This tiny number can have huge consequences for a retailer. It represents the amount of time that most people are willing to wait in a queue for service. It has consequences that go far beyond that individual customer; it influences your store operations, queue management and the stress impacts on your employees. 5 may be a low number, but it should be high on your agenda.
How queues impact sales
Our research has indicated that in Germany, 78% of shoppers are willing to wait just 5 minutes before they will become dissatisfied and would consider walking out. Just 5% of consumers are willing to wait longer than 10 minutes and 15% expect to be served within just 1 minute before they will become dissatisfied.
So, what is feeding this lack of patience? The links between bricks and mortar stores and online shopping are more blurred than ever. Customers are used to instant access to their needs. In a world where we can download the latest blockbuster in seconds, have our shopping delivered to our door within hours and take advantage of no-queue click and collect services; the thought of waiting in a line of people can seem archaic.
However, it is also known that shoppers like to deal with people, and 63% in our study indicated that store staff can make or break their shopping experience. Well trained, knowledgeable and friendly store employees will help to mitigate the long queues and increase customer satisfaction.
The role that technology can play
Intelligent task management systems that deploy employees to the right place at the right time can successfully reduce waiting times without adding further staffing costs. Reflexis Real-Time Task Manager uses store-defined parameters to determine when queues have reached a tipping point and automatically advises management to act. Over time, analytics can also be used to predict times when queues tend to be longer and ensure that trained staff are available.
It may take just 5 minutes for your customer to leave their shopping and walk out, but it could take just seconds to react to a long queue. Which will you choose?
Book a meeting with Reflexis at EuroShop 2020 (in German) to learn how we are transforming store operations.