How to Enhance Your Merchandising Performance
Brands and customers need to have a positive connection. Checking your merchandising performance is a crucial part of retail management to understand which product is performing well for your customers. Also, retail is a competitive market. To stay grounded amongst other competing brands, you need checks and analysis! Briefly, you need merchandising performance analysis to:
- Stay connected to your customer
- To maintain a healthy competition
- To maximize sales
To crack the deal and seal the day! A brand must know how to enhance merchandising performance. Here are ways in which you can do it!
Using a Merchandising Software:
This helps you to streamline heavy data and reduces the cost of data collection. It allows the brand to act faster and more efficiently. Reducing manual work. This is how it can enhance your merchandising performance:
- Store shelf organization – Shelf organization, is made efficient. Barcode product search, built-in reports, automated data entry- are all tools designed to control product location. It also ensures price and that there shall be no gap between the products on the shelf.
- Stock level maintenance – It reduces the risk of damaged stock, out of stock and overstocked items in your business. Because they can lead to a negative impact on your sales, orders and returns can be made from any store with just a couple of clicks on the monitor or a smartphone. Merchandisers can also create proper orders by viewing order history and recommended order quantity to plan.
- Promotional Compliance – Using a Must Stock List (MSL) merchandiser can create a planogram to check task forms. It also helps supplement data collection forms with pdfs, texts, photos, videos and other files.
- Customer Survey – Helps capture customer surveys to capture and analyze accurate live data. Just by a button click!
So if you dream of being efficient, organized and want to be cherished by customers, don’t ignore enhancing your merchandising performance!