Wiser

AUGUST 13, 2019

Whether you achieve this goal or not can be summed up with one metric: market basket size. What is a market basket? It’s the total of a shopper’s purchases during one specific visit to your store. A small market basket size is one item—what counts as a large basket is up to you. Offer Promotions.

Marketing 103

Marketing Store Layout Promotions Inventory Management 103

Retail Focus

OCTOBER 25, 2023

Retailers have continually adapted to changing consumer demands, technological advancements, and shifting societal values. These department stores were typically found in major cities, catering to urban consumers’ needs. This era was often described as consumer warfare.

Department Stores 162

Department Stores Store Layout Specialty Store Fulfillment 162

Wiser

SEPTEMBER 17, 2019

Will a promotion here eat into sales or lift them up? It’s normal to be a bit nervous about a change inside your stores. Why Monitor Consumer Behavior? Before diving into the metrics, it helps to look at why it’s beneficial for your business to monitor how consumers act. Will that new display drive sales?

Consumer 98

Consumer Store Layout Promotions Checkout 98

RETAIL MANAGEMENT SOFTWARE

DECEMBER 4, 2023

The holiday season of 2023 promises to be a mixed bag of discounts, smart spending and changes in consumer behavior. malls to charming European markets, shoppers are adjusting their spending habits in line with inflation and rising costs of living. From bustling U.S.

Store Layout 83

Store Layout Shipping Promotions Consumer 83

Retail TouchPoints

JANUARY 25, 2023

Over the past three years, most of us have done a lot more shopping online, so it’s easy to forget that while ecommerce is still growing, most retail commerce still happens in stores. That means brick-and-mortar is still going strong, and not just because consumers are eager to get out of the house again.

Store Layout 228

Store Layout Sporting Goods Consumer Location 228

Retail Focus

MAY 30, 2023

Creating a brand community has always been an important marketing concept and a valuable brand asset. A ‘ brand community ’ refers to a group of consumers who share a common interest or passion for a particular brand. These can include comfortable seats, nice lighting and well-designed store layouts. Ghalia BOUSTANI.

Visual Merchandising 130

Visual Merchandising Promotions Beauty and Health Store Layout 130

Inside Retail

FEBRUARY 8, 2022

Aldi’s latest pop-up is the second effort the business has made to showcase its wine offering, having also launched a ‘futuristic’ wine store in 2016 which saw online wine sales jump 47 per cent according to Gorkana. This latest wine store succeeded in showing off Aldi’s goods – but it was also just good marketing. “It

ATS 130

ATS Supermarket Store Layout Advertising 130

Retail TouchPoints

NOVEMBER 5, 2020

When it comes to online merchandising, there are plenty of subtle but effective in-store tactics that can be difficult to replicate. Mannequins, store layout and even music are all curated to express your brand identity and drive a unique customer experience. . Think of video as your digital store’s mannequin. .

Checkout 226

Checkout Store Layout Promotions Accessories 226

Inside Retail

OCTOBER 17, 2021

Last Monday, on International Day of the Girl, the Lego Group announced a commitment to removing harmful gender stereotypes from all of its products and marketing going forward. . Lego isn’t the first retailer to try to downplay gender in its marketing to kids. Blue-and-pink divide.

Store Layout 130

Store Layout Department Stores Marketing Consumer 130

Inside Retail

OCTOBER 10, 2023

In all these markets, the conversation is hyper-focused on inflation and its impact on the cost of living. Prices continue to rise while retailers bear the brunt of consumer ire; however, some retailers, such as Aldi, are seeing the upside as consumers seek value.

Supermarket 130

Supermarket Store Layout Checkout Advertising 130

Wiser

APRIL 10, 2023

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.

Dead-Stock 145

Dead-Stock Store Layout Visual Merchandising Planning 145

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. As much as brands experiment with pop-up store formats, concepts, or themes, they should resonate with consumers as much as they do with their identity.

Visual Merchandising 246

Visual Merchandising Store Layout Customer Experience Shopping 246

Wiser

JULY 31, 2023

A planogram is a visual diagram that details where every product on a retail store shelf should be placed. It’s a strategic roadmap for retailers, guiding them on how to arrange products in a way that boosts consumer engagement and ultimately leads to increased sales. Its main aim is to maximize sales and minimize wasted space.

Store Layout 145

Store Layout Promotions Customer Experience Inventory Management 145

Retail Focus

MAY 24, 2023

Lack of product is a major problem during the holidays when most consumers are looking to buy products. This requires employees to physically check with the warehouse or cash desk for the information, which is time-consuming. This type of layout maximizes space in the store and highlights each product on display.

Store Layout 130

Store Layout Department Stores Customer Experience Management 130

Wiser

APRIL 26, 2022

Merchandising is obviously an essential part of retail, but keeping your strategy up-to-date and profitable is difficult in a growing competitive market. Visual merchandising strategies like marketing displays in-store or online can draw in customers and increase foot-traffic. What is Merchandising?

Visual Merchandising 146

Visual Merchandising Loss Prevention Customer Experience Promotions 146

Retail Focus

NOVEMBER 7, 2023

They are creating hyperphysical retail experiences that engage multiple senses, foster community, and appeal to Gen Z consumers. They’ve recognized that shoppers are demanding more from their store experiences, particularly in the luxury segment. This data optimizes store layouts, product placements, and customer experiences.

Clienteling 147

Clienteling Store Layout Shopping Inventory Management 147

Wiser

DECEMBER 5, 2023

It requires a thorough analysis of your target market, competition, and overall business goals. Understanding Loss Leader Pricing Loss leader pricing is a strategy where products are priced below market cost to stimulate other, more profitable sales. Is Loss Leader Pricing Right for You?

Store Layout 78

Store Layout Customer Retention Consumer Marketing 78

Wiser

FEBRUARY 9, 2021

Like with all things retail, there’s often a discrepancy between your internal perception of your business, especially prices, and what the market sees. Price image is defined as the perception of your prices by consumers, relative to the competition. Here is how many consumers determine price image: Prices of Big-Ticket Items.

Promotions 113

Promotions Store Layout Advertising Consumer 113

V Count

JANUARY 24, 2024

The pandemic altered consumer behavior worldwide, and retailers suffered significant losses during this time. After determining the conversion rate, having the store manager present during low-conversion periods can lead to identification and resolution of issues, thereby increasing the conversion rate. Let’s shape the future together.

Management 59

Management Store Layout Inventory Management Target Market 59

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

I Vend

DECEMBER 11, 2023

As consumer demands continue to evolve, and competition is hotter than ever, retailers are embracing innovative solutions to stay ahead. Customers get the offers and products that they want, and the retailer increases their marketing ROI, sales and profits. For the world of retail technology, 2024 looks set to be an exciting year.

Payment Services 53

Payment Services Inventory Management Checkout Point of Sale 53

I Vend

FEBRUARY 9, 2024

Customers get the offers and products that they want, and the retailer increases their marketing ROI, sales and profits. Artificial Intelligence (AI) – AI in retail is rapidly growing, with the global market expected to increase from $4.84 Store layouts – optimising sales by tracking shoppers and the way they navigate the store.

Payment Services 52

Payment Services Inventory Management Checkout Point of Sale 52

CJ Retail Solutions

OCTOBER 16, 2023

Simultaneously, establish a realistic timeline and ensure proper store layout and design for maximum space utilisation. Train your staff to operate new equipment or systems, and focus on marketing and promotion to celebrate the relaunch of your store. Budgeting is another critical aspect.

Store Layout 52

Store Layout Point of Sale Planning Promotions 52

Shopper Motion

DECEMBER 29, 2022

In today’s Retail Media Landscape, digital marketing might seem the way to go. They can be time-consuming and costly. Additionally, track foot traffic at experiential marketing events using beacons or other location-tracking technology. . . . . Ultimately, identify peak traffic times for targeted promotions. .

Store Layout 52

Store Layout Advertising Marketing Promotions 52

Retail Minded

JANUARY 4, 2022

Retail marketing has never been the same, especially with the changes brought about by the pandemic. These significant changes in the digital and marketing spaces altered customer expectations, shopping processes, and online experiences. Retail marketing isn’t easy. Customer Service Robots . Facial Recognition .

Store Layout 98

Store Layout Promotions Marketing Retail Marketing 98

Wiser

AUGUST 17, 2018

BOGO is a great discount technique to use to appeal to consumers. Big companies such as TOMS and Chipotle have seen a lot of success with BOGO promotions. In a report from AMG , 66 percent of shoppers say that they like BOGO the most out of all discount promotions. Get on shoppers’ good sides with a Buy One, Get One promotion.

Advertising 112

Advertising Promotions Visual Merchandising Store Layout 112

V Count

MAY 6, 2024

Offer Competitive Prices and Discounts The price of a product or service plays a pivotal role in influencing consumer purchasing decisions. Consideration should be given to offering discounts or promotional pricing at strategic times to attract new customers or to incentivize repeat business.

Payment Services 52

Payment Services Checkout Store Layout Returns 52

V Count

JANUARY 26, 2024

Therefore, embracing AI technology is not just a luxury but a necessity for retailers who wish to stay ahead in the competitive market. Access to real-time data means being able to pivot quickly and strategically in response to market trends or consumer feedback. Why Is It Essential for Retailers to Use AI-Integrated Technology?

Shopping 95

Shopping Inventory Management Customer Experience Store Layout 95

365 Retail

DECEMBER 12, 2023

In a highly competitive global retail landscape, autonomous stores are an emerging force that addresses changing consumer behaviours, reduces operational costs, improves profitability, and powers revenue growth strategies. The new business models supported by autonomous capabilities provide a compelling value proposition for consumers.

Payment Services 57

Payment Services Checkout Store Layout Inventory Management 57

V Count

JANUARY 7, 2022

Customer-Oriented Marketing Campaigns. Businesses can use V-Count’s business intelligence platform to determine the success of marketing campaigns. It is a valuable metric to measure the effectiveness of your marketing activities. This is why retailers strive to understand why store abandonment happens and how they can fix it.

Shopping 52

Shopping Checkout Store Layout Management 52

Wiser

JUNE 11, 2019

This is important because strategies to build consumer loyalty can evolve depending on the channel. Free one-day shipping like what Amazon offers for millions of products is a strong eCommerce play, while buy online, pick up in-store (BOPIS) is one brick-and-mortar option. How and Why Consumers Shop. Loyalty Programs: Yes or No?

Store Layout 83

Store Layout Promotions Shipping Shopping 83

Shopper Motion

DECEMBER 20, 2022

With the convenience and accessibility of shopping from home, so many consumers turn to e-commerce platforms for their purchasing needs. However, traditional brick-and-mortar stores remain a very important part of the shopping experience for most consumers. Target their efforts more effectively and lead to increased ROI. .

Shopping 52

Shopping Inventory Management Advertising Store Layout 52

V Count

FEBRUARY 9, 2024

The best way to understand consumers is through people counting solutions. Millennials lead in car sales, purchasing more new cars than any other age group, and they also rank close to the top in automobile sales when it comes to buying used vehicles worldwide, according to Deloitte’s 2023 Global Automotive Consumer Study.

Target Market 52

Target Market Store Layout Consumer Marketing 52

Retail Minded

FEBRUARY 13, 2023

Whether it’s redesigning the store interior, creating engaging marketing campaigns, or finding innovative products, there are plenty of creative ways to make your store truly shine. Get Creative With Your Store Design Refresh your store interior and create unique in-store experiences that make customers stand out.

Shopping 52

Shopping Payment Services Store Layout Kiosk 52

Retail Minded

APRIL 20, 2023

Optimize Your Store Layout A well-optimized layout enhances the shopping experience, increasing sales and customer satisfaction. Consider factors like customer flow, product placement, and store aesthetics to optimize your structure. Manual inventory tracking can be time-consuming and prone to errors.

Payment Services 52

Payment Services Store Layout Customer Retention Inventory Management 52

V Count

MARCH 25, 2021

With V-Count’s Business Intelligence Platform , store managers, regional managers, and operations managers can dive into traffic data to evaluate dwell times and conversion rates for each store and make informed decisions related to staffing, merchandising, and store layout accordingly.

ATV 52

ATV Store Layout Store Operations Shopping 52

V Count

MARCH 6, 2024

The intensity of competition is escalating, and consumer preferences are continually changing, reflecting the impact of societal and technological changes. One effective approach could be to offer exclusive promotions or significant discounts specifically tailored for purchases made in-store.

Shopping 52

Shopping Advertising Checkout Store Layout 52