
GOLDSTEIN’S FURNITURE
SEES SIGNIFICANT SALES IMPROVEMENT USING PROMOTIONAL
KIOSK.
Retailer experiences jump in sales performance with its customers using Showroom Technology's promotional kiosk.
Reston, Virginia – October
21, 2004 – Showroom Technology, Inc.,
first to market with a promotional kiosk in big ticket retail, today
announced that Goldstein’s Furniture has successfully deployed
Showroom Technology’s Showroom Promotional KioskTM. The results
of the pilot deployment exceeded Goldstein’s Furniture’s
already high expectations.
After learning about Showroom Technology’s
Showroom Promotional KioskTM and having attained buy-in from its new
private label credit financing partner, Goldstein’s Furniture decided
to pilot the touchscreen promotional kiosk to improve sales performance.
The results of the pilot deployment were immediate and significant. Sales
performance jumped at the retailer with an increase of over 50% in its
average ticket. In addition, credit applications and approvals increased
substantially, whereby building its customer open-to-buy portfolio, leading
Goldstein’s Furniture to immediately plan a marketing campaign
to further boost sales.
“ In a relatively short period of time,
the results have been remarkable”, noted Gary Rose, Goldstein’s
Furniture Chief Financial Officer. “We were confident Showroom
Technology’s promotional kiosk would improve our sales performance,
but we were truly surprised at just how much it did improve.”
Based
on the results of the pilot program Goldstein’s Furniture plans
on purchasing more kiosks to rollout out to its other store locations
in the near future. “My sales associates have found the promotional
kiosk to be an invaluable tool in the sales process,” said Kristen
Colley, Store Manager for Goldstein’s Furniture. “By improving
customer service, enticing the consumer to purchase, providing key customer
data, and saving time and errors in the administrative process, the sales
process has greatly improved.”
The Showroom Promotional Kiosk features
an easy-to-use electronic credit application that is integrated with
a retailer’s private label credit promotional financing lender
and its point-of-sale system. Combined with the promotions management
feature, it empowers consumers while enticing them to purchase goods
while in the showroom. The solution is powered by the award winning Kiosk
Engine for JavaTM Platform from Apunix (www.apunix.com)
and uses a kiosk enclosure from display manufacturer, Olea Exhibits (www.olea.com). “It
is not very often a technology solution can be deployed and have immediate
and profound results”, said David Weyher, chief executive of Showroom
Technology, Inc. “The results realized by Goldstein’s Furniture
further demonstrate how retailers can achieve both rapid ROI and increased
sales using our Showroom Promotional Kiosk”
About Showroom Technology, Inc.
Launched in 2002 to specifically address
the needs of big ticket retailers, Showroom Technology, Inc. is first-to-market
with innovative technology for big ticket retail that improves sales
performance at the showroom level. Its innovative 360° RetailTM solution,
featuring a touchscreen promotional kiosk, integrates a retailer’s
private label credit promotional financing program together with a new
media form of targeted advertising and promotion to consumers shopping
in a retail showroom. The results are immediate and quantifiable, with
a higher average ticket and an increase in promotional credit financing
and sales orders.
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