Retail TouchPoints

MAY 21, 2024

By examining this network traffic, retailers can gain valuable insights, such as the most frequented areas of a store, the effectiveness of digital signage, the efficiency of store layouts and even the performance of online versus in-store promotions.

Inventory Management 264

Inventory Management Payment Services Store Layout Promotions 264

RETAIL MANAGEMENT SOFTWARE

JANUARY 8, 2025

How to Implement: Use customer data to send personalized emails or offers, such as birthday discounts or promotions, based on their purchase history. Offer a personalized shopping experience both online and in-store, where customers feel that their preferences and needs are understood.

Customer Retention 111

Customer Retention Returns Promotions Shipping 111

Retail Focus

FEBRUARY 24, 2025

The Role of AI-Powered Image Recognition in FMCG At its core, FMCG image recognition uses machine learning and computer vision to analyze images of store shelves. This data helps retailers optimize store layouts and marketing campaigns. Lets explore.

Management 130

Management Consumer Store Layout Customer Experience 130

RETAIL MANAGEMENT SOFTWARE

MARCH 20, 2025

INSTANT ACCESS TO DATA To get a comprehensive view of how all of your stores are operating as a whole, you must be able to access all of their data at once. Using an inventory management system that stores data in real-time is crucial to having access to such data at any time and from any location. Start with: 1.

Management 101

Management Payment Services Inventory Management Store Operations 101

Inside Retail

SEPTEMBER 3, 2024

In this article, we will look at the benefits and the key areas to apply AI in the retail industry. Targeted advertising: You can use data to target promotions effectively, enhancing campaign ROI. In-store enhancements Computer vision: Improves product displays and store layouts to attract shoppers.

Loss Prevention 245

Loss Prevention Checkout Shrinkage Supply Chain Management 245

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. . Be savvy around sales and promotions. Don’t ignore checkout.

Checkout 272

Checkout Store Layout Promotions Accessories 272

Retail TouchPoints

JANUARY 24, 2024

At the core of this comeback, malls of today are responding to the evolving expectations of shoppers with sustainability, experience and personalization. With this, retailers are designing store layouts with dedicated areas to showcase new and different products for varying tastes and trends, creating an ever-changing experience for shoppers.

Returns 335

Returns Department Stores Store Layout Fast Fashion 335

RETAIL MANAGEMENT SOFTWARE

OCTOBER 22, 2024

Simplify Returns and Transfers: If a product is out of stock at one location, a centralized system can facilitate inter-store transfers or online fulfillment, ensuring a seamless customer experience. Streamlined Customer Relationship Management (CRM) A centralized database is a game-changer for customer relationship management (CRM).

Inventory Management 111

Inventory Management Location Management Supply Chain Management 111

Retail TouchPoints

AUGUST 17, 2023

The latest Consumer Price Index (CPI) data highlights a significant deceleration in inflation, now standing at half of last year’s peak. These businesses find themselves at a demanding intersection.

Consumer 246

Consumer Payment Services Supply Chain Management Store Layout 246

Inside Retail

FEBRUARY 8, 2022

The grocery giant also partnered with celebrity mixologist Pritesh Mody to create three cocktails using Aldi’s champagne, which customers could enjoy at the pop-up for as little as £1.09 – far cheaper than what is expected in one of London’s most expensive postcodes. They could have just put an ad on TV. Creating customers.

ATS 130

ATS Supermarket Store Layout Advertising 130

Retail TouchPoints

FEBRUARY 28, 2024

Different departments can collaborate more easily and work toward a common understanding of the data, promoting better decision-making. Store Performance model: This model helps retailers analyze the performance of their physical stores by tracking metrics such as foot traffic, sales per square foot and customer behavior.

Inventory Turnover 260

Inventory Turnover Supply Chain Management Store Layout Marketing 260

Retail TouchPoints

MAY 1, 2024

Tailoring the shopping experience to individual preferences, like offering personalized product recommendations and customized promotions, is a psychological strategy that makes customers feel valued and understood, leading to a positive brand perception.

Consumer 312

Consumer Store Layout Customer Experience Checkout 312

Retail TouchPoints

JULY 24, 2024

AV technology also enables remote monitoring and control, allowing real-time adjustments that promote sustainability. Advanced AV systems can change the functionality and ambiance of a space at the touch of a button. Similarly, smart HVAC systems that optimize temperature and airflow can enhance energy efficiency.

Store Layout 264

Store Layout Consumer Visual Merchandising Promotions 264

Wiser

SEPTEMBER 13, 2023

Foot traffic data can also be leveraged to optimize store layouts. By tracking customer movement within a store, retailers can strategically place products to increase visibility and sales. For instance, high-traffic areas might be best suited for promotional displays or impulse-buy items.

Store Layout 147

Store Layout Promotions Store Operations Customer Experience 147

Retail Focus

JUNE 21, 2023

Improves Business Decisions Clever analytics technology like heat tracking cameras highlights the parts of a store working well and less well, so action can be taken to find solutions for perfect product placement and store layout. Technology enables retailers to reduce costs and waste.

Point of Sale 174

Point of Sale Customer Experience Checkout Store Layout 174

Retail TouchPoints

MARCH 9, 2022

The rest are at risk of losing customer loyalty, brand affinity and revenue. Another is to look at use cases from other retailers for examples of how AI has brought unknown issues to light, leading to improved revenue or customer experiences. Identifying the Right Use Cases.

Store Layout 306

Store Layout Customer Experience Marketing Inventory Management 306

Retail TouchPoints

SEPTEMBER 19, 2023

Additionally, store associates tend to “jump” orders to other stores up to six times before either the retailer or customer cancels the order, which creates a negative experience and causes a low Net Promoter Score.

Store Operations 278

Store Operations Shipping Fulfillment Store Layout 278

Retail Focus

AUGUST 20, 2024

In this article, you will see how advanced data analytics transforms store layouts and enhances the shopping experience. Leveraging Customer Behavior Data for Smart Store Layouts Imagine your store layout working as hard as you do. Imagine knowing exactly where to place products to boost sales.

Store Layout 130

Store Layout Kiosk Inventory Management Retail Trends 130

Retail TouchPoints

OCTOBER 27, 2021

Top-line findings from a recent Sensormatic survey reveal that while in-store shopping is expected to rise through the holiday season, what consumers are looking for while they’re there is for retailers to provide insight into product availability and alternative fulfillment offerings.

Consumer 264

Consumer Loss Prevention Fulfillment Shopping 264

Retail TouchPoints

JANUARY 25, 2023

A flat-pack furniture retailer’s maze-like store layout shows customers how their products work in different settings and gives them the chance to touch and try out items. Giving customers sustainable in-store options for repairing and recycling products nurtures loyalty. Offer a playground for immersive experimentation.

Store Layout 230

Store Layout Sporting Goods Consumer Location 230

365 Retail

JANUARY 29, 2025

As digital transformation continues to reshape food retail, innovative technologies are opening new opportunities for customer engagement and store efficiency. At the heart of Gecks offering is the UltimateShopper Plus , a pioneering smart shopping trolley that enhances the shopping experience while giving retailers a competitive edge.

Payment Services 52

Payment Services Checkout Shopping Loss Prevention 52

Retail Focus

SEPTEMBER 14, 2024

It encompasses key activities like product selection, placement, pricing, and promotional tactics. Understanding what is merchandising in retail and what it entails means looking at not only which products are sold but also how they are displayed, when they are introduced, and how they are marketed to attract customers effectively.

Fashion 130

Fashion Visual Merchandising Store Layout Inventory Management 130

365 Retail

JULY 11, 2024

The commercial opportunities from the Euros – and more widely the mass of key sporting events during the summer from Wimbledon to the Olympics – are there for the taking – but only for retailers that are prepared, says Gary Whittemore, Head of Sales, EMEA & APAC at RetailNext.

Store Layout 85

Store Layout Promotions Checkout Customer Experience 85

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. Senior retail consultant at Univers Retail | Published author | Visiting lecturer. This generally includes elements such as signage, colour palette, lighting, and overall store layout.

Visual Merchandising 246

Visual Merchandising Store Layout Customer Experience Shopping 246

Inside Retail

DECEMBER 17, 2023

The last quarter of the year typically sees retailers jump behind any promotional event as a way to entice consumers over competition. These promotional events have traditionally seen retailers shift huge amounts of stock and provided bumper sales to round off the quarter. But this is just one layer.

Shopping 130

Shopping Store Layout Promotions Consumer 130

Wiser

AUGUST 13, 2019

The important part of a solid promotional strategy is to ensure that these sales events don’t cannibalize the revenue from your full-priced items. Offer Promotions. Sales promotions are another excellent way to increase market basket size. What does a good promotion look like? Innovate Your Store Layout.

Marketing 103

Marketing Store Layout Promotions Inventory Management 103

Wiser

NOVEMBER 7, 2022

Every single product bought has reasoning and meaning behind it that, as a brand or retailer, isn’t always easy to understand at a surface-level. What led them into your store? Your next step might be to put out a promotion discounting purchases of a certain amount or higher from the same brand. Geodemographic Data.

Store Layout 146

Store Layout Promotions Checkout Shopping 146

Wiser

JULY 31, 2023

In the competitive world of retail, ensuring your products are in the right place at the right time can mean the difference between profit and loss. A planogram is a visual diagram that details where every product on a retail store shelf should be placed. This is where planogram compliance comes into play.

Store Layout 145

Store Layout Promotions Customer Experience Inventory Management 145

Wiser

APRIL 10, 2023

Assortment planning can deeply influence shopper purchases because there so many different factors that go into its creation, such as: Width and Depth Price Point Shelf Life Store Layout Promotions Visual Merchandising All of these different elements and more go into creating an optimized retail assortment strategy.

Dead-Stock 145

Dead-Stock Store Layout Visual Merchandising Planning 145

Inside Retail

JUNE 30, 2021

Inside Retail: Malaysian retail has been reported to be at an all-time low. What are your thoughts on how the retail landscape is travelling at the moment? We saw this play out on a smaller scale at Pavilion KL during the Recovery Movement Control Order (MCO) last June. We hope this is an indication of things to come.

Department Stores 246

Department Stores Merchant Services Outdoor Shopping 246

Wiser

AUGUST 17, 2018

According to behavioral economics researcher Dan Ariely , shoppers generally overvalue the benefits of “free” even when compared to higher-quality items at a discounted price. Big companies such as TOMS and Chipotle have seen a lot of success with BOGO promotions. Get on shoppers’ good sides with a Buy One, Get One promotion.

Advertising 112

Advertising Promotions Visual Merchandising Store Layout 112

Retail Focus

OCTOBER 25, 2023

Senior retail consultant at Univers Retail | Published author | Visiting lecturer. This transformation can be dissected into several distinct stages, often referred to as disruptions, in which retailers competed on multiple fronts: for physical space, consumer attention, and innovative store layouts and designs. Ghalia BOUSTANI.

Department Stores 163

Department Stores Specialty Store Store Layout Fulfillment 163

Wiser

APRIL 26, 2022

The promoting and selling strategies that retailers use to increase sales, boost profits, draw in new customers, improve customer experiences, and shape brand image are all part of merchandising. Visual merchandising strategies like marketing displays in-store or online can draw in customers and increase foot-traffic.

Visual Merchandising 146

Visual Merchandising Loss Prevention Customer Experience Promotions 146

A1 Retail

OCTOBER 10, 2024

“The period from Black Friday through to the New Year remains critical for retailers, and each year presents unique opportunities to optimise strategies and delight in-store shoppers,” said Andy Sumpter, Retail Consultant EMEA & APAC at Sensormatic Solutions.

Shopping 105

Shopping Store Layout Promotions Consumer 105

I Vend

DECEMBER 10, 2023

Here we take a look at how retail technology can help to streamline the top 10 key retail processes, and how a unified retail POS pulls them all together into a single, highly optimized retail operations platform. Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail.

Shrinkage 94

Shrinkage Inventory Management Store Layout Checkout 94

Inside Retail

OCTOBER 3, 2024

On Black Friday, when time-sensitive offers are at stake, the ability to assess a product instantly in-store becomes even more significant. Atmosphere and excitement: The atmosphere and vibe of a packed store on Black Friday creates an energy that simply cannot be replicated online.

Store Layout 130

Store Layout Shopping Promotions Consumer 130

Retail Focus

JULY 3, 2024

Expert Manager at Univers Retail | Published author | Visiting lecturer. True luxury is characterised by durability and timeless design, often incorporating practices such as recycling materials, providing repair services, and promoting the resale of second-hand luxury goods. Ghalia BOUSTANI.

Consumer 163

Consumer Promotions Shopping Store Layout 163