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How to Knock Assortment Planning Out of the Park

Wiser

Assortment planning in the age of eCommerce is a tricky business. In this article, we’ll look at what assortment planning is and how you can do it effectively. What is Assortment Planning? In retail, assortment planning is the process of determining the right products and right quantities to meet consumer demand.

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6 Ways to Increase Impulse Buys: Online and In-Store

Wiser

Most reasons for impulse buys are rooted in emotions, such as instant gratification, feeling like you’re getting a deal, and so on—but how you set up and plan your stores (physical or digital) can also contribute. 2: Cross-merchandising. Another smart option for physical retailers is to lean into cross-merchandising.

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What is a Category Reset

Wiser

Category resets have some overlap with assortment planning , which is determining the best products and quantities to meet consumer demand. By understanding what consumers are looking for, you can present the most desired items so they’re impossible to miss, with cross-merchandising and bundles to make them more appealing.

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How Should Retailers Read the Mixed Re-opening Messages?

Retail Adventures

Prepare a WRITTEN plan to share with associates and customers on how you will care for their health and safety. Best Buy has implemented a plan to open by appointment. · Pay special attention to your front power walls and merchandise outposts, and cross-merchandise everywhere you can. Set your sales floor to sell.

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How to Use Fixtures to Direct Traffic Flow

Independent Retailer

For store owners and sales associates alike, it can be rather daunting to come up with a retail floor plan. However, merchandising does not have to become chaotic. Slatwall Merchandisers. Offering optimal maneuverability and ample display space, slatwall merchandisers are a fantastic addition to any visual merchandising plan.

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Retail Ready: Setting Your Sales Floor to Sell!

Retail Adventures

Chances are, even if you went in to buy a bottle of glass cleaner you spent at least $50 on things you hadn’t planned on purchasing. When you look hard at a Target store you see a largely neutral box that allows the merchandise to pop. Then once you have a plan in place make moves on the floor and sell away! Tell a story.

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3 Ways to Enhance Your Category Insights

Wiser

Planograms and commitments from retailers are a great start, but things hardly ever go according to plan. For example, end aisle, front of store, back of store, and cross merchandised with complementary products, can all produce different results in terms of display effectiveness.