Who knew a book about stalking people in the name of retail science would become a national bestseller? Paco Underhill, founder of Envirosell, the “stalkers for hire” consulting agency, has three books on the market, and this one, “Why We Buy” is the first. I am doing an analysis of this book to better my own knowledge of selling, merchandising, and why people spend money on anything and everything.
In short, Envirosell monitors, anaylzes and draws conclusions from following people and recording certain areas of retail environments and public spaces. They can tell you more than just the average number of people in the store per day (most major retailers have an automatic people counter above the door) but how old they are, how they’re dressed, what they bought, how long they were present, and more. They collected so much data on tape at one point, “Kodak told us we were the single largest consumer of Super 8 film in the world”.
After just a few pages, my favorite statistic listed is about jeans. Sixty-five percent of men who try jeans on buy them, but only twenty-five percent of women buy jeans after trying them on. There are a thousand explanations for this, but the fact remains. As a retail fitting room attendant, I can attest to that entirely. As a result, I will feel more validated knowing that only one out of the four women trying on jeans will actually buy them. Knowing this gives me more realistic expectations.
Anyway, I report more as I get through the book. So far I can see why it is a bestseller. The writing is masterful yet personal, but the content is thick and juicy. Can’t wait to tell you more!