True Value Company’s Post

Want to enhance your merchandising strategies? Dive into our guide on prioritizing capabilities when implementing merchandising systems. Stay ahead in the competitive retail landscape with RELEX Solutions. #Retail #SupplyChain

Want to enhance your merchandising strategies? Dive into our guide on prioritizing capabilities when implementing merchandising systems. Stay ahead in the competitive retail landscape with RELEX Solutions. #Retail #SupplyChain #RelexSolutions

As we head into the Spring, many retailers are thinking about seasonal changeovers and new ways to hit those growth targets... Knowing where to start however, can be challenging! That's why we've created a list of our top 10 things you can start doing today to maximize sales, including... 1. Investing in Open to Buy Planning 2. Analyzing Past Spring Sales Data 3. Sprucing Up Your Retail Merchandising Check out the post below for the full list and details on each one!👇

Here’s a good read over a weekend breakfast! Looking to implement a merchandising system? Check out our latest article on which capabilities to prioritize for successful implementation. #Retail #SupplyChain

--- 🔍 Merchandising Magic in FMCG! 🛒 Did you know that the way products are displayed can make a huge difference in sales? Let's talk about two powerful merchandising styles: Vertical vs. Horizontal. ➡️ Vertical Merchandising: This style utilizes height, drawing the eye upwards! Ideal for showcasing bestsellers and creating a sense of abundance. When products are arranged vertically, they not only stand out but also encourage impulse buys. ➡️ Horizontal Merchandising: Perfect for showing off a variety of products, promoting comparisons, and enhancing product accessibility. It creates a sense of ease for shoppers, guiding them smoothly through choices. ✨ What's the takeaway? Mixing both styles strategically can cater to different consumer needs, boost visibility, and ultimately enhance sales performance in the fast-moving consumer goods space. In the race for consumer attention, let’s not overlook the power of a well-crafted merchandising strategy! 💡💰 What strategies have you found to be effective in your experience? #Merchandising #FMCG #SalesStrategy #RetailInnovation #ConsumerBehavior ---

Avoid these retail mistakes that could derail your business! 🚨 Planograms can help you stay on track by optimizing product placement and boosting sales.  #RetailSuccess #Planograms #BusinessTips https://lnkd.in/gBuy-NhD

Discover how retailers are leveraging planograms to drive significant sales growth. From optimized product placement to captivating displays planogram ensure retail success. #planogram #retail #sales #pog https://lnkd.in/gJnuHXm9

SVP, Chief Merchandising Officer Jake Kalnitz shared more about how #HardwareHero came to life to tackle retailers’ hardest challenges right now: "Our brand campaign goes beyond just advertising. It’s about telling our story, investing in our shared legacy and offering ways for our participating stores to connect with customers. It was time to solve a 2024 challenge in a 2024 way. This is our response to a tough market. We’re going to find ways for our retailers to win. A campaign that reminds shoppers about how awesome their local hardware store is—from expert help to great deals on products—cuts through the overall retail noise to increase shoppers in store and their overall sales.” #HardwareHero #TrueValue #HereForYou #hardware #retail 

Driving better decisions through business experimentation at scale ! Microsoft, Microsoft Azure, Microsoft AI, Fractal #testandmeasurement #experimentation #artificialintelligence #advancedanalytics #machinelearning #instore #storeinsights #marketinsights #retailtech #CPGtech

Merchandising - The Science of Managing Display Space in Retail Merchandising is the science of managing the most valuable resource in retail, which is display space. Space is finite and there is constant demand for more display space as companies develop new products and new companies enter the market with new products. It therefore stands to reason that empty shelf spaces represents significant loss of revenue opportunities over time. Our program is designed around the concept of The Value of Space which varies according to the location in the store and the position on the shelf and its measurement. The heightened awareness and ability to measure the value of display space puts the merchandiser and the retailer in a much more powerful position to manage the space allocated to the company, its brands and its products. Merchandisers and retailers who have developed this awareness and skill set are better able to achieve greater levels of productivity and turnover within the retail store that they operate. It is also much more scientific to set and achieve financial objectives and to understand the principles to support its attainment. The number one revenue-generating business in the world understands the power of merchandising and so it is not surprising that its owners are amongst the world's richest people. Samuel Walton, the founder of Walmart understood the power of merchandising in retail and its impact on consumer shopping behavior. He also understood the power of collaboration and partnership within the supply chain. Next week “Account Development Strategies in Retail”