For example, they can use planogram discount labels like ‘30%’ off for their one outlet, and other with ‘Buy one, get one free’ to encourage shoppers to make purchases.
Other than that, many stores use season or weather as a theme in their store’s window displays to make their store more aesthetically pleasing. Create aesthetic store layouts: Have you ever wondered why some brands always have the same store layouts, or window displays in multiple stores? The reason behind this is to entice shoppers into the store.Besides this, if your store has a large sum of excess stock, you need to transfer such stock to other stores to avoid the replenishment cost. If a shopper cannot find a particular product, color, or size in one store, he will expect that the same product will be available in the other outlet. Optimize inventory across all stores: Retailers need to know how much stock each store has at a given time period in order to optimize inventory levels across all the stores.This helps you to analyze the performance of each store more precisely and better understand the retail business. Furthermore, cloud-based planogram software can update data in real-time, so information such as reports, sales data, and stock levels will always be up-to-date. For example, if you are in one of your stores, and would like to check about other store’s details, you can simply get it through the cloud-based planogram. It allows the retailer to access the data from anywhere. Do retail business in the cloud: The best thing you can do for your multi-store business is to run it in the cloud.So, here are some planogram in retail strategies you can execute for managing multi-stores better in various locations: Planogram is a visual merchandising tool, which helps retailers to plan and optimize the inventory, design store layouts, and execute products well on the shelf space.
So, how do you plan your store’s merchandising strategies for multiple stores effectively? The answer is simple – planogram software. It includes managing sales, inventory, promotions, layout, and shoppers. Running a multi-store retail business is no piece of cake, it requires proper planning so that all your stores bring profit.
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