Chance Encounters
Impulse buyers are a boon to business. Find out who they are and how to reel them in.
By April Y. Pennington •
Opinions expressed by Entrepreneur contributors are their own.
The enlarged pupils, eager smile, hand practically thrustingcash into yours-if only it were this easy to spot impulsive buyers.Nothing's sweeter than watching potential customers make abeeline toward your display; it's even more heavenly when theyquickly and almost effortlessly opt to buy. Kiosks, more than anyother type of retail business, benefit from impulse shoppers. Howcan you attract them?
The first thing a start-up entrepreneur should know is whatitems make the best impulse buys. These are items "that peoplecan see being usable in their lives," says Jeffrey Stamp,co-author of Meaningful Marketing (Brain Brew Books),and vice president of R&D at Eureka! Ranch, aninnovation think tank in Cincinnati. For example, personalizeditems are typically a good choice as a last-minute impulse purchasein the mind of the consumer.
Continue reading this article — and all of our other premium content with Entrepreneur+
For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:
- Digestible insight on how to be a better entrepreneur and leader
- Lessons for starting and growing a business from our expert network of CEOs and founders
- Meaningful content to help you make sharper decisions
- Business and life hacks to help you stay ahead of the curve