Retail Shelf Management Tips For Your Store

When it comes to increasing sales, many retailers ignore the importance of retail shelf management. Shelf management includes product placement and merchandising on retail shelves, as well as keeping products fully stocked and effectively organized. While some business owners do not think that their shelves have a big effect on their bottom line, the most successful retailers all use shelf management systems to optimize their product placement.

Shelf management systems, such as drop-in pushers, are used on shelves to keep products in their place and lined up fully at the front of the shelf with their brands facing forward. Here are some tips for how you can use retail shelf management systems to optimize your shelves, increase sales, and promote branding.



Representation of Products on Shelf

In general, products displayed on shelves at eye level have higher sales than their bottom- or top-shelf counterparts. As well, products with their brand labels facing forwards—towards customers—also have higher sales. By using a shelf management system, you can ensure products always have their brands facing forwards. As well, you can keep organized eye-level displays of the products you most want to sell. In this way, shelf management systems will help you increase sales.

Visualization

Studies have shown that the retail experience has a big influence on customers’ buying decisions. In fact, the majority of customers’ purchasing decisions are made in the store rather than before. Having fully stocked shelves encourage customers to buy more. By using a shelf management system, like a drop-in pusher, you can make sure your shelves always appear fully stocked.

Priority

With more competition from different brands than ever before, it’s become important for retailers to prioritize and promote their own store-brand products. By using retail shelf management, you can easily prioritize certain products on your shelves, promoting in-store brands that bring you higher profit. Reserve certain spots on your shelf for the products you want to promote most using shelf dividers.


Segmenting and Product Assortment

Part of creating a good retail experience for your customers is helping them easily find the products they want. By using shelf-dividers, you can segment your retail shelves and keep products organized neatly in rows, which helps customers find the products they want quickly. When consumers have to sort through cluttered shelves to find what they want, they can easily become frustrated or dissatisfied.


Shelf Holding Power

Using shelf management systems can help you create set areas on the shelves that are reserved for certain products, which will reduce the time your employees need to spend on stocking shelves.

For example, if an item comes in a case of 12 and you sell two items per day, a retailer should have enough space on its shelf to hold 1.5 cases of the product. This will reduce back stock while also avoiding overstocking. In this example, a retailer could simply order one case per week and wouldn’t have to worry about constantly restocking the product throughout the week. So do everything in your power to always keep your shelf neat and well arranged.



Comments

Popular posts from this blog

How To Overcome Ungodly Habit and Addiction: 10 Steps

The Four types of Selling and why they Matter

Navigating the Garment Industry: 14 Golden Rules for Success

Building Wealth Through Emotional Intelligence in a Tough Economy

Understanding The Difference Between A CV and A Resume When Applying For Jobs In Nigeria

7 Warm Up Tips In Presenting A Non-Sales Informative Speech

The Major 14 Steps To Start And Grow A Profitable Business In Nigeria

How to Apply IRIS in Shelf Management and Sales

The Best Way To Create Window Displays That Compel Footfalls Into Your Store

How Music Can Transform Customer Experience: A Manager’s Perspective