Inside Retail

DECEMBER 17, 2023

The last quarter of the year typically sees retailers jump behind any promotional event as a way to entice consumers over competition. These promotional events have traditionally seen retailers shift huge amounts of stock and provided bumper sales to round off the quarter. But this shouldn’t just be a retail race to the bottom.

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Shopping Store Layout Promotions Consumer 130

Retail TouchPoints

AUGUST 17, 2023

The latest Consumer Price Index (CPI) data highlights a significant deceleration in inflation, now standing at half of last year’s peak. These businesses find themselves at a demanding intersection.

Consumer 216

Consumer Payment Services Supply Chain Management Store Layout 216

DMS Retail

AUGUST 5, 2021

In this brand new Inventory Management Workshop ONLINE , you’ll get the benefit of a comprehensive program which covers all aspects of the Buying, Inventory Control and Category Management functions as well as Online and Digital Marketing, and much more. Sourcing is an important and very time sensitive task in buying management.

Inventory Management 59

Inventory Management Management Space Planning Planning 59

Retail TouchPoints

FEBRUARY 28, 2024

Different departments can collaborate more easily and work toward a common understanding of the data, promoting better decision-making. Supply Chain Management model: This model helps retailers manage their supply chain by tracking inventory levels, logistics and supplier performance.

Inventory Turnover 209

Inventory Turnover Supply Chain Management Store Layout Marketing 209

V Count

MARCH 28, 2024

One such step, and a crucial one at that, is implementing Queue Management systems. Over the course of this content, we will delve into why queue management systems are so important, the benefits they offer, and how you can manage queues effectively with the help of head count sensors. Are you ready? Let’s begin!

Management 52

Management Customer Retention Customer Experience Store Layout 52

V Count

MARCH 28, 2024

One such step, and a crucial one at that, is implementing Queue Management systems. Over the course of this content, we will delve into why queue management systems are so important, the benefits they offer, and how you can manage queues effectively with the help of head count sensors. Are you ready? Let’s begin!

Management 52

Management Customer Retention Customer Experience Store Layout 52

Retail TouchPoints

SEPTEMBER 19, 2023

With Salesforce’s 2023 holiday predictions forecasting that BOPIS (buying items online for in-store or curbside pickup) will influence $28 billion in incremental sales during the holiday season, retailers seeking to capitalize on this revenue opportunity need to ensure their store operations and inventory management practices are up to par.

Store Operations 251

Store Operations Shipping Fulfillment Store Layout 251

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 7, 2023

Personalization at Scale One of the standout features of AI in marketing is its ability to deliver personalized experiences to consumers on a massive scale. Predictive Analytics AI excels at predictive analytics, helping retailers and CPG companies forecast trends, demand, and inventory needs with unparalleled accuracy.

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Marketing Inventory Management Supply Chain Management Store Layout 95

Retail Focus

MAY 24, 2023

Nevertheless, as in every other sector, you can encounter different problems that can make you slow down, reduce sales and, in the worst case, even close the business at all. To avoid this problem in your retail path and make sure your customers find what they need, you must rethink your inner layout.

Store Layout 130

Store Layout Department Stores Customer Experience Management 130

Wiser

JULY 31, 2023

In the competitive world of retail, ensuring your products are in the right place at the right time can mean the difference between profit and loss. A planogram is a visual diagram that details where every product on a retail store shelf should be placed. This is where planogram compliance comes into play.

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Store Layout Promotions Customer Experience Inventory Management 145

RETAIL MANAGEMENT SOFTWARE

DECEMBER 4, 2023

From festive window decorations to well-organized in-store layouts, retailers aim to create an immersive and inviting atmosphere that captures the attention of shoppers. Strategic Discounts and Promotions: Shoppers are on the lookout for the best deals during the holidays, and retailers know this.

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Store Layout Shipping Promotions Consumer 83

CJ Retail Solutions

JULY 7, 2023

From captivating displays to seamless store layouts, every aspect plays a crucial role in driving sales and customer satisfaction. Whether you are a small boutique or a large retail chain, these solutions can revolutionise your store’s functionality and aesthetics. Inventory Management Solutions 5.3.

Payment Services 40

Payment Services Store Layout Visual Merchandising Checkout 40

Wiser

APRIL 10, 2023

Assortment planning can deeply influence shopper purchases because there so many different factors that go into its creation, such as: Width and Depth Price Point Shelf Life Store Layout Promotions Visual Merchandising All of these different elements and more go into creating an optimized retail assortment strategy.

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Dead-Stock Store Layout Visual Merchandising Planning 145

Inside Retail

JUNE 19, 2023

In an era dominated by big-box retailers and e-commerce giants, small independent retailers on main streets have managed to carve out a niche for themselves. Those who shop locally, have greater opportunity to interact with business owners and other shoppers, and this has been found to promote social cohesion and combat social isolation.

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Store Layout Shopping Promotions Fashion 147

Retail TouchPoints

MARCH 9, 2022

The rest are at risk of losing customer loyalty, brand affinity and revenue. This is problematic because customer data should guide a majority of business decisions including marketing, inventory management, merchandising and more. A recent study found that 83% of retailers say they cannot leverage customer data to its full potential.

Store Layout 293

Store Layout Customer Experience Inventory Management Marketing 293

Shopper Motion

DECEMBER 19, 2022

By collecting data on how shoppers move through the store, what products they interact with, and how long they spend in different areas, retailers can gain a deeper understanding of what drives sales and make informed decisions about store layout, product placement , and marketing efforts. Types of in-store tracking.

Store Layout 52

Store Layout Inventory Management Promotions Target Market 52

CJ Retail Solutions

DECEMBER 11, 2023

Importance of retail store installation and design 1.2 Maximising layout for optimal traffic flow 3.2 Rotating merchandise to keep the store fresh and interesting Technology Integration 6.1 Incorporating digital signage for promotions 6.2 Involving employees in the design and layout decisions 9.3

Inventory Management 52

Inventory Management Point of Sale Store Layout Customer Experience 52

Wiser

AUGUST 13, 2019

Ensure your inventory management is working properly. The important part of a solid promotional strategy is to ensure that these sales events don’t cannibalize the revenue from your full-priced items. Offer Promotions. Sales promotions are another excellent way to increase market basket size. Reduce Out-of-Stocks.

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Marketing Store Layout Promotions Inventory Management 103

Inside Retail

NOVEMBER 27, 2023

AI-powered inventory management and demand forecasting Harnessing the power of artificial intelligence (AI) and machine learning (ML) has become an operational reality for retailer s, especially in the realm of inventory management and demand forecasting. This is especially crucial in managing seasonal or event-driven merchandise.

Consumer 147

Consumer Checkout Inventory Management Shopping 147

V Count

APRIL 10, 2023

Before we dive any further, we’d like to underline that there are many people counting systems and providers out there on the market, but at the core of this solution lies high accuracy. Precise visitor flow data can help you develop targeted ads or launch tailored marketing and promotional campaigns. What is Visitor Flow?

Store Layout 52

Store Layout Promotions Customer Experience Target Market 52

V Count

FEBRUARY 13, 2023

While online shopping is ever-growing, most retail sales still transpire in physical stores. Launching marketing campaigns and promotions via third parties or at your storefront can drive more shoppers into your establishment, but you can also increase your conversion rate and maximize your sales with in-store efforts.

ATS 40

ATS Store Layout Promotions Marketing 40

V Count

SEPTEMBER 24, 2021

If your store has the items they want, the chances of buying improve. If the store layout is simple enough for the visitor to find what they need, the probability of a purchase goes up even more. If there are no bottlenecks in the store and no queues at the checkout, a purchase is all but certain.

Store Layout 52

Store Layout Checkout Management Advertising 52

Wiser

DECEMBER 5, 2023

By offering a product at a loss, retailers draw traffic to their stores or websites. Customers enticed by the low-priced item often end up purchasing other items at regular prices, driving up profits. Unsurprisingly, there are a number of pros and cons to selling products at a loss. Is Loss Leader Pricing Right for You?

Store Layout 78

Store Layout Customer Retention Consumer Marketing 78

V Count

MARCH 20, 2023

More often than not, supermarket owners and managers rely on offering sales and discounts on popular items to attract shoppers looking for deals, and they support these deals with visually appealing displays and posters. Of course, the number of customers entering and exiting your store alone isn’t enough to understand customer behavior.

Supermarket 52

Supermarket Loss Prevention Promotions Store Layout 52

Retail Focus

JANUARY 12, 2023

A comprehensive brand experience is promoted from the outside and into the physical space as well as other brand touchpoints. Senior retail consultant at Univers Retail | Published author | Visiting lecturer. This generally includes elements such as signage, colour palette, lighting, and overall store layout.

Visual Merchandising 246

Visual Merchandising Store Layout Customer Experience Shopping 246

V Count

APRIL 12, 2023

Duty-free shop managers can use the information they gain through visitor analytics to make data-driven decisions and improve store layout, product placement, staffing levels, and launch more effective marketing strategies. Optimizing your inventory through factual visitor data will benefit you in several ways as well.

Store Layout 52

Store Layout Customer Experience Promotions Shopping 52

V Count

APRIL 12, 2023

Duty-free shop managers can use the information they gain through visitor analytics to make data-driven decisions and improve store layout, product placement, staffing levels, and launch more effective marketing strategies. Optimizing your inventory through factual visitor data will benefit you in several ways as well.

Store Layout 52

Store Layout Customer Experience Promotions Shopping 52

365 Retail

MAY 5, 2023

Predictive analytics, another AI-driven tool, has been instrumental in helping retailers optimize their inventory management and pricing strategies. By identifying customers as they enter a store, retailers can offer personalized greetings, promotions, and recommendations based on individual preferences and shopping histories.

Store Layout 81

Store Layout Promotions Inventory Management Advertising 81

Retail Focus

NOVEMBER 7, 2023

Senior retail consultant at Univers Retail | Published author | Visiting lecturer. The catalyst behind this transformation is the emergence of hyperphysical stores, a groundbreaking approach that is redefining the very essence of the retail experience. Furthermore, 68% prefer a physical store when it comes to customer service.

Clienteling 147

Clienteling Store Layout Shopping Inventory Management 147

Wiser

FEBRUARY 9, 2021

How can you set the right price , at the right time, but also do so in a way that is aligned with public expectations? Therefore, it’s a must that you manage your price image alongside your more concrete pricing strategies, as the right price image can be a boon to sales for your business. Discounts and Promotions.

Promotions 113

Promotions Store Layout Advertising Consumer 113

V Count

MARCH 6, 2024

One effective approach could be to offer exclusive promotions or significant discounts specifically tailored for purchases made in-store. In addition, consider hosting unique events or engaging workshops at your store. One of the key factors to consider is the optimization of traffic flow within your store.

Shopping 52

Shopping Advertising Checkout Store Layout 52

V Count

MARCH 6, 2024

One effective approach could be to offer exclusive promotions or significant discounts specifically tailored for purchases made in-store. In addition, consider hosting unique events or engaging workshops at your store. One of the key factors to consider is the optimization of traffic flow within your store.

Shopping 52

Shopping Advertising Checkout Store Layout 52

Retail Minded

JANUARY 4, 2022

Hence, the creation of customer chatbots to promote better communication with customers. . In recent surveys, it’s been shown that approximately 60 million people have at least one smart speaker system at home. They may also help improve customer experiences by maximizing store layouts and optimizing retail processes.

Store Layout 98

Store Layout Marketing Promotions Retail Marketing 98

V Count

FEBRUARY 26, 2024

At the core of maximizing your sales and improving your store’s conversion rate lies continuous monitoring and analysis of your retail performance metrics. If you can directly address their needs and wants, you can personalize the customer experience at your establishment and improve the overall visitor experience.

Visual Merchandising 52

Visual Merchandising Target Market Management Promotions 52

V Count

FEBRUARY 26, 2024

At the core of maximizing your sales and improving your store’s conversion rate lies continuous monitoring and analysis of your retail performance metrics. If you can directly address their needs and wants, you can personalize the customer experience at your establishment and improve the overall visitor experience.

Visual Merchandising 52

Visual Merchandising Target Market Management Promotions 52

V Count

JANUARY 7, 2022

This ensures you have the right number of staff members at the right times, reducing abandonment rates and improving customer satisfaction. Does your store layout allow for a smooth customer journey? Retail stores have been one of the first industries to roll out detailed safety plans in the post-covid era.

Shopping 52

Shopping Checkout Store Layout Management 52

V Count

MAY 21, 2024

Businesses worldwide, of all sizes and across various sectors, primarily retail, use people counting sensors at their physical locations to gather detailed customer data, informing their business models. By having a clear grasp of when the foot traffic is at its highest, businesses can optimize their staffing levels more effectively.

Marketing 52

Marketing Customer Experience Target Market Management 52