Why Merchandising is a must in Modern Trade?
Getting a product to the customer in today’s age of the internet is relatively easy. What is not easy is getting them to make a decision into buying your product. This is where merchandising plays an important role. Merchandising is the practice that helps the retailer sells its products. It is how effectively a product is displayed that compels a customer to buy that product.
Merchandising is a challenging task. It demands a lot of dedication and planning. Because your competitors also engage in merchandising, you have to continuously come up with something that attracts customers to your products over others.
Advantages of Merchandising
1. Appeals to the Customer
Effective Merchandising makes the experience of shopping for the customers easy. This makes them want to spend more. Merchandising also creates a loyal customer base. If you were able to create a pleasing shopping experience once, they would like to come back again for the same.
2. Improves Profitability
You can increase your business on your current customer base by Merchandising, as it enables repeat shopping by consumers. This increases not only your sales but also the footfall in-store. It also allows retailers to make better pricing decisions. Thus, growing business for the whole chain involved in selling your product.
3. Increases Employee Productivity
Merchandising helps you provide better customer service. Employees engaged in Merchandising gain experience in moulding customer opinions. They also understand the knowledge they now possess about the product adds to their value as an employee.
4. Increase Sales Floor Productivity
Not only it increases the sale but add more productivity to the floor by increasing the impulse and add-on purchase. Making the sales floor more attractive, organized and promote special buys. This makes merchandising a must-try tool in marketing.
Idonneous has mastered the craft of Merchandising. With many successful client stories and more being added every day, they are a leading name when it comes to Merchandising. To get your product in the limelight, contact Idonneous – 022-6699668 / 022-6699672.