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Showing posts with the label mobile app for merchandising

During World Cup, Merchandising Has to Step Up

Sales of drinks and snacks go up dramatically during the Soccer/Football World Cup. According to a market analysis done in the UK during the 2014 edition of the global tournament , consumers spent an extra £28 million in beer and cider and £3 million on snacks and nuts on its first week alone, compared to the same week of the previous year. Along with the opportunity for more sales through the increased demand for product, though, comes the threat of out-of-stocks. Out-of-stocks mean more than just the loss of a sale: They can mean losing customers forever since, due to the absence or their preferred product at the store, they might choose to try a different brand (and like it) instead of shopping around. That is why merchandising during the World Cup and other sports events has to be so diligent. Category management and product distribution need to be working in synchrony in order to avoid out-of-stocks at all costs. A mobile app for retail audits is the solution not only for ...

Monetizing Results from Your Merchandising Team Activities

In corporate accounting, departments such as marketing and merchandising tend to be exclusively on the "expenses" column while sales takes all the credit for revenues . This is something that should not be taken lightly: In order to maximize profits, businesses are always looking for ways to shrink cost centers as much as possible so any expense that does not generate tangible sales returns is immediately at risk . Mobile software for merchandising can provide you the tools to turn a perceived cost center into a revenue center and show upper management the return on their investment by clearly connecting sales results with the respective marketing and merchandising activities. Implementing mobile software for merchandising will not only empower your individual field team members with a tool that streamlines their in-store activities, but also gives managers a powerful monitoring, training and mentoring channel. Here are some ways in which mobile software for merchandis...