Driving Accessory Attachment Sales in Electronics By: Laura Kavanaugh Executive Intern T1534 5 Steps • • • • • Research Project Implementation Communicate to The Team Follow-up and Coach The Team Drive for Results Everyday 1 Research and Findings • eSupport • Accessory Attachment Rate Reports – Determined Weekly Top/Bottom Categories (Pg. 8 & 9) – Determined which stores are excelling in the areas we are not • Built Partnerships – Internal •Key Players: STL, ETL-HL, Team Leaders, Electronics Specialist, ETLs at T1534 – External •T1940 and T1978 – Consistently Green – MVP Program •T1092 – Excelling in categories we struggle with – Specific products they try to push 2 Implement New Program • Electronics MVP Program – Driving Sales in Electronics Binder • Weekly Accessory Attachment Report • Weekly Top/Bottom Accessory Attachment Group Ranks • List of Common Accessories • Daily Follow-Up Sheet (Pg. 10) • MVP Points – Receive 1 point per attachment, ESP, or REDcard sold – Weekly/Monthly MVP • Challenge Bin – Updated Weekly – 5 points – Pictures of specific products that should be pushed that week • Main selling points • On Ad • Accessories pertaining to the Categories we are struggling with 3 Communicate to The Team • Drive Change – Huddles – Status With All Team Members – Recognition • Demonstrate Commitment – Open to feedback – Engaging and Inspiring Others 4 Follow-up and Coaching The Team • Electronics Observation Cards to be completed each LOD shift – Allows us to track progress from a Guest Service Standpoint – Challenge, Coach, or Give Recognition when appropriate • LODs status with Team Members in electronics about Attachments and are aware of current scores 5 Drive for Results Everyday • Impact: Increased sales in Accessory Attachments • Shift from a Red to Green Workcenter in 3 weeks (Pg. 11 & 12) – – – – 7/11/09 -7/18/09 -7/25/09 -8/01/09 -- 34.3% Red 48.5% Yellow 50.2% Green 56.7% Green • As of 8/01/2009 (for the week) – – – – 56.7% GREEN #1 in District #1 in Group #56 in Company 6 Suggested Improvements – Store: • Create a follow-up log for Team Members to track progress • Create a challenge bin – District: • District sponsorship to drive district results – Take elements of project – hold district accountable – Higher Level: • Prompt on registers in electronics to remind Team Members about Accessories – Accessories that go with specific category • Track employee performance through transactions with accessory attachments – Similar to cashier speed and conversion • Group/District-wide Challenges for Accessory Attachments – Specific products to push that week in the Weekly Merchant Update 7 T1534’s Weekly Bottom Accessory Attachment Rates Week Ending 5/16/2009 Category TVs Wii PS3 Group Rank 49 of 76 64 of 76 66 of 76 Cell Phones PS3 Wii 54 of 76 61of 76 68 of 76 TVs Wii Cell Phones 60 of 76 71 of 76 74 of 76 TVs Cell Phones Wii 63 of 76 70 of 76 74 of 76 XBOX 360 TVs Wii 47 of 76 66 of 76 71 of 76 6/27/2009 PS3 Wii TVs 61 of 76 66 of 76 70 of 76 7/4/2009 PS3 Wii TVs 63 of 76 68 of 76 72 of 76 7/11/2009 TVs Cameras/Camcorders PS3 66 of 76 66 of 76 66 of 76 7/18/2009 Printers PS3 Cameras/Camcorders 59 of 76 64 of 76 68 of 76 7/25/2009 Cell Phones Printers Cameras/Camcorders 53 of 76 56 of 76 58 of 76 8/1/2009 Cell Phones Cameras/Camcorders Printers 55 of 76 55 of 76 72 of 76 5/23/2009 5/30/2009 6/13/2009 6/20/2009 8 T1534’s Weekly Top Accessory Attachment Rates Week Ending 5/16/2009 Category Cell Phones Cameras/Camcorders MP3 Players Group Rank 2 of 76 10 of 76 30 of 76 XBOX 360 Cameras/Camcorders MP3 Players 6 of 76 15 of 76 37 of 76 PS3 Cameras/Camcorders Cell Phones 6 of 76 20 of 76 20 of 76 PS3 MP3 Players XBOX 360 8 of 76 10 of 76 17 of 76 MP3 Players PS3 Cameras/Camcorders 11 of 76 13 of 76 23 of 76 6/27/2009 XBOX 360 Cell Phones MP3 Players 6 of 76 14 of 76 18 of 76 7/4/2009 Cell Phones XBOX 360 MP3 Players 22 of 76 24 of 76 31 of 76 7/11/2009 XBOX 360 MP3 Players Cell Phones 3 of 76 35 of 76 50 of 76 7/18/2009 XBOX 360 MP3 Players Cell Phones 2 of 76 3 of 76 24 of 76 7/25/2009 XBOX 360 MP3 Players Wii 1 of 76 1 of 76 26 of 76 8/1/2009 MP3 Players XBOX 360 Wii 1 of 76 1 of 76 2 of 76 5/23/2009 5/30/2009 6/13/2009 6/20/2009 9 Accessory Attachment Rate Follow Up Sheet Date: Goal: Team Member Name Items Accessories 10 ESPs Redcards Told Guest about Survey - - 11 - - 12