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Innovation seems to be the theme for this year’s Top 5 Mass Merchandisers. See which retailers made RIS News | Retail Info Systems News's list in the article linked below. #retailinnovation #retailnews #merchandisers #retailindustry #retailing

Ever wondered about those strategically arranged store shelves that seem to entice shoppers effortlessly? 🤔 That's the magic of planograms in action! Let's dig deeper into what planograms are and why they're a must for merchandiser. 📈 Planogram software provides visual representation that dictates how products should be placed on shelves and displays. With data on which shelf performs the best, merchandisers can fine-tune their planograms by placing the best-selling products in prime locations. This artful strategy not only enhances the visual appeal of your store but also serves some essential purposes. Here's why they're so crucial: 👇 📦Optimize Shelf Space & Inventory 💫Attract Shoppers 🎯Improve Sales Turnover In the realm of distribution and retail industry, crafting efficient planograms for diverse outlets is not easy. But if you able to understanding the unique attributes of each outlet and utilizing sales history and market insights, you be able to sell fast on the shelf. Get more tips and work it out now! For more info: 🌐 https://lnkd.in/gyP_sTnX #inventorycontrol  #inventorytracking  #automation  #digitaltransformation  #distributors  #manufacturers  #distributions  #businessgrowth  #fmcg  #distributions  #manufacturing  #digitalsolutions  #digitaltransformation  #sidec

🔍 Are you a merchandiser facing these challenges? 🛒 As a committed merchandiser, you face a variety of obstacles every day. Merchandisers have a unique set of obstacles, ranging from perfecting store layouts to becoming experts in inventory management and staying ahead of constantly shifting market trends. Let's examine a few of the most common challenges they face: 💼 Inventory management is another puzzle. Managing stock levels to avoid overstock situations can be overwhelming often need to discount or markdown overstocked items to move them out of the store, which can reduce profit margins and profitability. 🔮 Predicting customer preferences and staying ahead of the competition adds to the complexity. Keeping an eye on market trends, knowing when to introduce new products, and adapting to shifting consumer behaviors is essential. ✨Product placement on the shelf can be challenging as they need to maximize their visibility and appeal to customers. This involves decisions on which products should be placed at eye level, on end caps, near complementary items, and in high-traffic areas. Feeling overwhelmed? 🤯 You're not alone in this struggle. We might have some valuable tips and guidance that could help you to conquer these challenges. For more information: 🌐 https://lnkd.in/dWp262Mc #inventorytracking  #manufacturing  #distributions  #digitaltransformation  #distributors  #distributions  #inventorycontrol  #automation  #sidec  #digitaltransformation  #digitalsolutions  #businessgrowth  #manufacturers  #fmcg  #supplychainsolutions  #digitalpartner  #distributionmanagement  #SOS #forecasting

Marks and Spencer experienced a remarkable 10% rise in food sales in established stores. The retailer also achieved its highest market share in fashion in a decade, with a 4.8% increase in clothing and homewares sales. How did they do it? 📌 Strategic price cuts: The retail store adopted a price lock strategy and invested in 200 staple products to attract more buyers in the food section. 📌 Investment in Services: Online sales for M&S clothing and homewares soared by 10.9%, with many customers opting for in-store pickups. Notably, womenswear sales were particularly strong, with a focus on stylish offerings like velvet suits and sequins. 📌 Limited Discounts: The retail store focused less on providing discounts and more on competitive pricing.   M&S does not plan to raise prices this year due to eased inflationary pressures. Pricechecker is a competitor price monitoring software that helps retailers to monitor competitor price, stock and promotions in a single-dashboard. #pricing #christmassale #competitormonitoring #pricechecker

Unlock the power of seasonal forecasting to boost your retail sales! 🎯 Discover how strategic planograms can guide you in optimizing product placement for maximum impact.  #planogram #retail #sales #pog https://lnkd.in/gAArDRR9

Discover the impact of unchanged merchandising practices on the industry. We surveyed leading CPG companies, revealing 3 key challenges faced when using 3rd party merchandisers.  Shockingly, only 9% of brands reported meeting their sales expectations. Is your current solution falling short? Elevate sales and execution with Trax Dynamic Merchandising: https://lnkd.in/gz7Rzcv3.  Stay tuned for our next post tackling 2023's brand challenges. #merchandisingchallenges #cpg #sales

Did you know how important the next quarter is for retailers? This chart from Statista shows monthly retail sales in GB with huge spikes in the coming months. It's really important that retailers get their share of this business, and to do that, investing in the areas that are like to shift the needle the most is vital. For those in VM & Merchandising, this piece may help a little with just that. https://lnkd.in/eR_4NS3p

The retail landscape is totally fluid. Our analysis shows that 20% of stores account for 80% of issues and these stores change weekly. Have your field teams work smarter, not harder by visiting the highest opportunity stores at the right time. Not only does this return a higher sales uplift but this reduces wasted visits and keeps the field team motivated, knowing that they will be taking action and are able to make a difference. We are the largest crowd-sourcing company across Europe that offers end-to-end field marketing solutions that can be used in isolation or plugged directly into an existing field force. Our mission is to identify growth levers for FMCG/CPG brands across every channel. We're passionate about what we do and the value we bring. If you're curious, check out the website www.roamler.com and please reach out for an initial discovery session. #flexibleresource #datadriven #fieldmarketing #wechangework #growth