The Perfect Shelf
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RETAIL SHELF OPTIMIZER SOLUTION
The shelves are the backbone of retail – and should always be optimized
How shelves are arranged is a major component of retailer success with two basic approaches – a range of SKUs and merchandising. We use advanced AI algorithms alongside rigorous A-B testing in order to tweak and refine your shelving until it reaches its best possible state. The out of the box tools also comes with software that allows for visual performance indicators that make it easy to track data no matter how tech-savvy you are or are not.
How does it work?
- Shelving is more than just having your goods distributed in a convenient manner. Rather, it is a strategic process that seeks to achieve one or more goals. What do you want to get out of your shelves?
- The first of these goals is to increase gross sales. Arrange your shelves to sell as much as possible. Generally, this means a focus on bestsellers to ensure that the needs of the shopper are met.
- Another potential outcome of shelving is to increase gross profit margins. Make sure that more expensive, premium products are out at the forefront to catch the attention of customers. It also helps creates less friction to sell to people who regularly buy more expensive products.
- The 3rd objective is usually to optimize the number of items sold. We call this to use certain products to increase traffic to a shelf -or to a certain sector in the store.
Features & Benefits
Our Shelf Optimizer is a thoroughly back-tested and proven product
- Based on 15 years of shelf optimization experiences
- Easy to Implement & Easy to Use
- Processed A-B testing
- AI learning & solutions
- Real-time monitoring of any shelf
- Visual sales performance indicators
- Tailored for each objective like - Sales, Quantity & Gross Profit