Remove Accounting Remove Consumer Remove Store Layout Remove Visual Merchandising
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5 Key Business Challenges Behind Your Merchandising Strategy

Wiser

Visual merchandising strategies like marketing displays in-store or online can draw in customers and increase foot-traffic. Having a well-planned store layout and monitoring your inventory makes it easier for consumers to find your products and increases the number of products purchased.

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Retail Assortment Strategies: What Are They & How Do They Work?

Wiser

If your product range is too narrow, then you won’t be able to meet consumer demand. Every retail store has a different assortment. Even similar stores like Lowe’s and Home Depot won’t carry the exact same products. Deciding on your product assortment isn’t as simple as it might sound.

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What is a Category Reset

Wiser

Even if performance isn’t an issue, category resets can follow a natural cycle based on category seasonality or changing consumer tastes. Either way, if you aren’t constantly refreshing your categories based on consumer behavior and sales data, you will fall behind. Consumers have more ability to research and compare prices than ever.