SlideShare une entreprise Scribd logo
1  sur  10
5 Things Online Retailers Should Consider When
Opening a Brick-and-Mortar Store
Why Clicks to Bricks Matter in Retail?
 Recent studies on consumer shopping behaviors
indicate that 55% of consumers prefer to shop in
physical stores, while 45% use online shopping.
 Because of the alluring window displays,
competitive product lines, and appealing store
designs, brick-and-mortar stores are still successful
in attracting customers.
How Planograms Help Online Stores to Open Physical
Stores?
A physical store is challenging
to build compared to an
online store.
Planogram aids retailers in
shelf planning and optimizing
the availability of shelf space
for the right product at the
right time and place.
This provides a sense of trust
among your customers since
the service is available both
online and offline.
Planogram Factors
to Consider While
Opening Physical
Stores
Ensure you have
the correct
assortment/range
Analyze online
sales data
Determine
product
categories
Ensure proper
inventory
management
Research and
think seasonally
Ensure you have the
correct
assortment/range
Customers in online stores might not always find what they
are looking for on the shopping website.
Physical stores help shoppers to go through each aisle and
improve their shopping experience.
Planograms will help to fill the empty spaces on the shelf,
since you would not include discontinued items on your
shelves.
This leads to a more visually appealing shelf since your
shoppers will get what they are looking for without any fuss.
Analyze online sales data
 If a planogram is being implemented on your shopping
website, analyzing previous sales data will be
informative in designing a better layout for a physical
store.
 This helps you identify consumer demand, best-selling
items, and even stock the right items in your store
planogram.
 It will boost your in-store sales and maximize overall
retail profit.
Determine product categories
Helps to easily optimize shelf
space available for each item
based on sales data.
Let’s say, while choosing
some clothing, your
customer will consider
things like color, fabric, price,
or size.
For instance, Customer A is
motivated by fabric type, like
cotton. Whereas Customer B
favors warm and light colors
of clothing.
In either case, you must
place goods that appeal to
each shopper separately in
order to meet their needs.
Ensure proper
inventory
management
It has been reported that 75% of shoppers
prefer to return products to a store rather than
send them back.
In physical stores, retailers can control shelf
space by communicating to store staff exactly
what they should do with the product returns.
For example, where products should be placed
in relation to each, and on which shelves they
should go.
This ensures proper stock management in
retail and boost sales.
Research and think seasonally
Use past retail data to analyze consumer shopping patterns and their behavior
to maximize sales.
Alter planograms based on the holiday or festival season. For example, during
the New Year, demand for gifts and greeting cards tends to increase.
Similarly, if a festival is coming up featuring products that fit with the occasion,
it could draw the customer’s attention.
By changing the planogram layout once, a month or at any appropriate interval,
you can encourage shoppers to make purchases.
Use Nexgen POG to effectively plan and
execute retail store shelves to improve sales.
www.nexgenus.com sales@nexgenus.com

Contenu connexe

Similaire à 5 Things Online Retailers Should Consider When Opening a Brick-and-Mortar Store .pptx

Similaire à 5 Things Online Retailers Should Consider When Opening a Brick-and-Mortar Store .pptx (20)

When Does Planogram Become a Necessity in Retail Stores.pptx
When Does Planogram Become a Necessity in Retail Stores.pptxWhen Does Planogram Become a Necessity in Retail Stores.pptx
When Does Planogram Become a Necessity in Retail Stores.pptx
 
What Retail Elements are Critical for Store Operation Success During Pandemic...
What Retail Elements are Critical for Store Operation Success During Pandemic...What Retail Elements are Critical for Store Operation Success During Pandemic...
What Retail Elements are Critical for Store Operation Success During Pandemic...
 
5 Retail Merchandising Design Tips to Help Boost Sales .pptx
5 Retail Merchandising Design Tips to Help Boost Sales .pptx5 Retail Merchandising Design Tips to Help Boost Sales .pptx
5 Retail Merchandising Design Tips to Help Boost Sales .pptx
 
How can Planograms Help Retailers Handle Backorder Issues.pptx
How can Planograms Help Retailers Handle Backorder Issues.pptxHow can Planograms Help Retailers Handle Backorder Issues.pptx
How can Planograms Help Retailers Handle Backorder Issues.pptx
 
Factors to Consider When Merchandising Grocery Store Categories.pptx
Factors to Consider When Merchandising Grocery Store Categories.pptxFactors to Consider When Merchandising Grocery Store Categories.pptx
Factors to Consider When Merchandising Grocery Store Categories.pptx
 
How to Choose the Right Product Mix Using Planograms.pptx
How to Choose the Right Product Mix Using Planograms.pptxHow to Choose the Right Product Mix Using Planograms.pptx
How to Choose the Right Product Mix Using Planograms.pptx
 
5 retail checkout counter ideas to try in a retail store
5 retail checkout counter ideas to try in a retail store5 retail checkout counter ideas to try in a retail store
5 retail checkout counter ideas to try in a retail store
 
Planogram Three Upselling Techniques to Try in Your Store Today new (1).pptx
Planogram Three Upselling Techniques to Try in Your Store Today new (1).pptxPlanogram Three Upselling Techniques to Try in Your Store Today new (1).pptx
Planogram Three Upselling Techniques to Try in Your Store Today new (1).pptx
 
5 Visual Merchandising Strategies to Make Your Multi-Store Sales Successful.pptx
5 Visual Merchandising Strategies to Make Your Multi-Store Sales Successful.pptx5 Visual Merchandising Strategies to Make Your Multi-Store Sales Successful.pptx
5 Visual Merchandising Strategies to Make Your Multi-Store Sales Successful.pptx
 
Introduction to Modern Retailers and Consumers
Introduction to Modern Retailers and ConsumersIntroduction to Modern Retailers and Consumers
Introduction to Modern Retailers and Consumers
 
How to Merchandise Products in Drugstores Using Planograms.pptx
How to Merchandise Products in Drugstores Using Planograms.pptxHow to Merchandise Products in Drugstores Using Planograms.pptx
How to Merchandise Products in Drugstores Using Planograms.pptx
 
StyleSage merchandising workflow
StyleSage merchandising workflowStyleSage merchandising workflow
StyleSage merchandising workflow
 
How can Toy Stores Boost Revenue with Visual Merchandising Software.pptx
How can Toy Stores Boost Revenue with Visual Merchandising Software.pptxHow can Toy Stores Boost Revenue with Visual Merchandising Software.pptx
How can Toy Stores Boost Revenue with Visual Merchandising Software.pptx
 
3 Customer Flow Strategies Every Retailer Must Try in Their Stores .pptx
3 Customer Flow Strategies Every Retailer Must Try in Their Stores .pptx3 Customer Flow Strategies Every Retailer Must Try in Their Stores .pptx
3 Customer Flow Strategies Every Retailer Must Try in Their Stores .pptx
 
Facing in Retail Everything You Need to Know to Drive Sales .pptx
Facing in Retail Everything You Need to Know to Drive Sales .pptxFacing in Retail Everything You Need to Know to Drive Sales .pptx
Facing in Retail Everything You Need to Know to Drive Sales .pptx
 
Category Management 6 Planogram Steps You Need to Know.pptx
Category Management 6 Planogram Steps You Need to Know.pptxCategory Management 6 Planogram Steps You Need to Know.pptx
Category Management 6 Planogram Steps You Need to Know.pptx
 
How to Boost Your In-Store Sales – 7 Easy Ways.pptx
How to Boost Your In-Store Sales – 7 Easy Ways.pptxHow to Boost Your In-Store Sales – 7 Easy Ways.pptx
How to Boost Your In-Store Sales – 7 Easy Ways.pptx
 
Jirafe E-commerce Strategy Session: How to Prepare for the Holidays and Sell ...
Jirafe E-commerce Strategy Session: How to Prepare for the Holidays and Sell ...Jirafe E-commerce Strategy Session: How to Prepare for the Holidays and Sell ...
Jirafe E-commerce Strategy Session: How to Prepare for the Holidays and Sell ...
 
Jirafe E-commerce Strategy Session: How to Prepare for the Holidays and Sell ...
Jirafe E-commerce Strategy Session: How to Prepare for the Holidays and Sell ...Jirafe E-commerce Strategy Session: How to Prepare for the Holidays and Sell ...
Jirafe E-commerce Strategy Session: How to Prepare for the Holidays and Sell ...
 
The Missing Link
The Missing LinkThe Missing Link
The Missing Link
 

Plus de Anoop Ashok

Plus de Anoop Ashok (17)

Ready to Expand 5 Planogram Tips for Ambitious Retailers Eyeing a New Store (...
Ready to Expand 5 Planogram Tips for Ambitious Retailers Eyeing a New Store (...Ready to Expand 5 Planogram Tips for Ambitious Retailers Eyeing a New Store (...
Ready to Expand 5 Planogram Tips for Ambitious Retailers Eyeing a New Store (...
 
How to Integrate Peg Board Displays in Retail Stores for Creative Merchandisi...
How to Integrate Peg Board Displays in Retail Stores for Creative Merchandisi...How to Integrate Peg Board Displays in Retail Stores for Creative Merchandisi...
How to Integrate Peg Board Displays in Retail Stores for Creative Merchandisi...
 
Understanding the Mind of the Pre-Informed Shopper A Planogram Guide for Reta...
Understanding the Mind of the Pre-Informed Shopper A Planogram Guide for Reta...Understanding the Mind of the Pre-Informed Shopper A Planogram Guide for Reta...
Understanding the Mind of the Pre-Informed Shopper A Planogram Guide for Reta...
 
B2B Planogram in 2024 Everything You Need to Know.pptx
B2B Planogram in 2024 Everything You Need to Know.pptxB2B Planogram in 2024 Everything You Need to Know.pptx
B2B Planogram in 2024 Everything You Need to Know.pptx
 
How to Leverage Planograms for Diverse and Inclusive Category Displays .pptx
How to Leverage Planograms for Diverse and Inclusive Category Displays .pptxHow to Leverage Planograms for Diverse and Inclusive Category Displays .pptx
How to Leverage Planograms for Diverse and Inclusive Category Displays .pptx
 
5 Planogram Ways to Sell General Merchandise in a Retail Store (1).pptx
5 Planogram Ways to Sell General Merchandise in a Retail Store  (1).pptx5 Planogram Ways to Sell General Merchandise in a Retail Store  (1).pptx
5 Planogram Ways to Sell General Merchandise in a Retail Store (1).pptx
 
Sensory Retail How Planogram Strategy Appeals to Customer Senses.pptx
Sensory Retail How Planogram Strategy Appeals to Customer Senses.pptxSensory Retail How Planogram Strategy Appeals to Customer Senses.pptx
Sensory Retail How Planogram Strategy Appeals to Customer Senses.pptx
 
Planogram Store Flow Impacts on Customer Experience to Boost Sales(1).pptx
Planogram Store Flow Impacts on Customer Experience to Boost Sales(1).pptxPlanogram Store Flow Impacts on Customer Experience to Boost Sales(1).pptx
Planogram Store Flow Impacts on Customer Experience to Boost Sales(1).pptx
 
From Plan to Cart How Planogram is Transforming the Way Customers Shop in Ret...
From Plan to Cart How Planogram is Transforming the Way Customers Shop in Ret...From Plan to Cart How Planogram is Transforming the Way Customers Shop in Ret...
From Plan to Cart How Planogram is Transforming the Way Customers Shop in Ret...
 
How to Meet Retail End Goals Using Planogram Software.pptx
How to Meet Retail End Goals Using Planogram Software.pptxHow to Meet Retail End Goals Using Planogram Software.pptx
How to Meet Retail End Goals Using Planogram Software.pptx
 
What is a Planogram and Its Role in Retail Visual Merchandising.pptx
What is a Planogram and Its Role in Retail Visual Merchandising.pptxWhat is a Planogram and Its Role in Retail Visual Merchandising.pptx
What is a Planogram and Its Role in Retail Visual Merchandising.pptx
 
5 Planogram Thematic Display Ideas to Try Today (1).pptx
5 Planogram Thematic Display Ideas to Try Today (1).pptx5 Planogram Thematic Display Ideas to Try Today (1).pptx
5 Planogram Thematic Display Ideas to Try Today (1).pptx
 
Sustainable Planograms Minimizing Waste and Nurturing a Greener Retail Future...
Sustainable Planograms Minimizing Waste and Nurturing a Greener Retail Future...Sustainable Planograms Minimizing Waste and Nurturing a Greener Retail Future...
Sustainable Planograms Minimizing Waste and Nurturing a Greener Retail Future...
 
Planogram Retail Design Tips for Appliance & Furniture Retailers .pptx
Planogram Retail Design Tips for Appliance & Furniture Retailers .pptxPlanogram Retail Design Tips for Appliance & Furniture Retailers .pptx
Planogram Retail Design Tips for Appliance & Furniture Retailers .pptx
 
3 Ways to Impress Shoppers with Soft Drink Merchandising .pptx
3 Ways to Impress Shoppers with Soft Drink Merchandising .pptx3 Ways to Impress Shoppers with Soft Drink Merchandising .pptx
3 Ways to Impress Shoppers with Soft Drink Merchandising .pptx
 
Why Planogram Maintenance is Critical in Retail (1).pptx
Why Planogram Maintenance is Critical in Retail (1).pptxWhy Planogram Maintenance is Critical in Retail (1).pptx
Why Planogram Maintenance is Critical in Retail (1).pptx
 
The 5 Biggest Mistakes Which can Doom Your Retail Business .pptx
The 5 Biggest Mistakes Which can Doom Your Retail Business .pptxThe 5 Biggest Mistakes Which can Doom Your Retail Business .pptx
The 5 Biggest Mistakes Which can Doom Your Retail Business .pptx
 

Dernier

Artificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsArtificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and Myths
Joaquim Jorge
 

Dernier (20)

Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a Fresher
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt Robison
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024
 
Advantages of Hiring UIUX Design Service Providers for Your Business
Advantages of Hiring UIUX Design Service Providers for Your BusinessAdvantages of Hiring UIUX Design Service Providers for Your Business
Advantages of Hiring UIUX Design Service Providers for Your Business
 
HTML Injection Attacks: Impact and Mitigation Strategies
HTML Injection Attacks: Impact and Mitigation StrategiesHTML Injection Attacks: Impact and Mitigation Strategies
HTML Injection Attacks: Impact and Mitigation Strategies
 
Developing An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of BrazilDeveloping An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of Brazil
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Script
 
Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
 
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemkeProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
 
Tech Trends Report 2024 Future Today Institute.pdf
Tech Trends Report 2024 Future Today Institute.pdfTech Trends Report 2024 Future Today Institute.pdf
Tech Trends Report 2024 Future Today Institute.pdf
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
 
2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...
 
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
 
Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CV
 
Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024
 
Artificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsArtificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and Myths
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
 
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
 

5 Things Online Retailers Should Consider When Opening a Brick-and-Mortar Store .pptx

  • 1. 5 Things Online Retailers Should Consider When Opening a Brick-and-Mortar Store
  • 2. Why Clicks to Bricks Matter in Retail?  Recent studies on consumer shopping behaviors indicate that 55% of consumers prefer to shop in physical stores, while 45% use online shopping.  Because of the alluring window displays, competitive product lines, and appealing store designs, brick-and-mortar stores are still successful in attracting customers.
  • 3. How Planograms Help Online Stores to Open Physical Stores? A physical store is challenging to build compared to an online store. Planogram aids retailers in shelf planning and optimizing the availability of shelf space for the right product at the right time and place. This provides a sense of trust among your customers since the service is available both online and offline.
  • 4. Planogram Factors to Consider While Opening Physical Stores Ensure you have the correct assortment/range Analyze online sales data Determine product categories Ensure proper inventory management Research and think seasonally
  • 5. Ensure you have the correct assortment/range Customers in online stores might not always find what they are looking for on the shopping website. Physical stores help shoppers to go through each aisle and improve their shopping experience. Planograms will help to fill the empty spaces on the shelf, since you would not include discontinued items on your shelves. This leads to a more visually appealing shelf since your shoppers will get what they are looking for without any fuss.
  • 6. Analyze online sales data  If a planogram is being implemented on your shopping website, analyzing previous sales data will be informative in designing a better layout for a physical store.  This helps you identify consumer demand, best-selling items, and even stock the right items in your store planogram.  It will boost your in-store sales and maximize overall retail profit.
  • 7. Determine product categories Helps to easily optimize shelf space available for each item based on sales data. Let’s say, while choosing some clothing, your customer will consider things like color, fabric, price, or size. For instance, Customer A is motivated by fabric type, like cotton. Whereas Customer B favors warm and light colors of clothing. In either case, you must place goods that appeal to each shopper separately in order to meet their needs.
  • 8. Ensure proper inventory management It has been reported that 75% of shoppers prefer to return products to a store rather than send them back. In physical stores, retailers can control shelf space by communicating to store staff exactly what they should do with the product returns. For example, where products should be placed in relation to each, and on which shelves they should go. This ensures proper stock management in retail and boost sales.
  • 9. Research and think seasonally Use past retail data to analyze consumer shopping patterns and their behavior to maximize sales. Alter planograms based on the holiday or festival season. For example, during the New Year, demand for gifts and greeting cards tends to increase. Similarly, if a festival is coming up featuring products that fit with the occasion, it could draw the customer’s attention. By changing the planogram layout once, a month or at any appropriate interval, you can encourage shoppers to make purchases.
  • 10. Use Nexgen POG to effectively plan and execute retail store shelves to improve sales. www.nexgenus.com sales@nexgenus.com