Nexgen Marketing posted on January 31, 2024

Winning back lost customers is a top priority for businesses looking to thrive. While various strategies exist to achieve this goal, one often overlooked yet highly effective approach involves optimizing your store using visual merchandising planograms. By leveraging planogram optimization, you can create a visually compelling and shopper-friendly environment that resonates with your target audience and entices them to return. Here are three actionable tips to help you win back those valuable customers:

1. Analyze customer behavior and preferences.

Understanding your customer’s behavior and preferences is paramount to crafting an effective planogram that resonates with them. Utilize retail data or planogram reports to gather insights into which products were popular among your lost customers, which sections of your store they visited the most, and what influenced their purchasing decisions in the past.

By analyzing this data, you can identify trends, preferences, and shopping patterns among shoppers. For example, if a significant number of lost customers were drawn to a particular product category but failed to make a purchase, consider highlighting those products prominently in your planogram layout. Additionally, pay attention to seasonal trends and upcoming holidays to tailor your displays accordingly and capitalize on consumer preferences.

2. Enhance product visibility and accessibility.

One of the primary objectives of a shelf planning software is to optimize product visibility and accessibility. Make sure your planogram design prioritizes prominent placement offer key products that are likely to resonate with your lost customers. Highlighting popular items at eye level and within easy reach can significantly increase their visibility and encourage impulse purchases.

Consider implementing cross-merchandising strategies to showcase complementary products together, enticing customers to explore related items they may have overlooked in the past. Additionally, ensure that your planogram allows for clear signage, labeling, and product categorization to simplify the shopping experience and guide customers towards their desired items more efficiently.

3. Embrace flexibility and adaptability.

In today's dynamic retail landscape, flexibility and adaptability are essential qualities for a successful planogram strategy. Continuously monitor customer feedback, sales data, and market trends to identify opportunities for improvement and adjustment. You can experiment with different planogram shelf layouts, product placements, and promotional strategies to determine their impact on customer engagement and sales performance. Regularly update your planogram to reflect changes in inventory, seasonal trends, and evolving customer preferences.

Moreover, leverage technology and digital solutions to enhance the effectiveness of your planogram strategy. Implement interactive displays or digital signage to provide customers with real-time product information, personalized recommendations, and immersive shopping experiences that encourage repeat visits.

Overview of Nexgen POG

Nexgen POG is a robust and user-friendly cloud-based visual merchandising tool. It is designed for quick and efficient planogramming with minimal effort. Planogram in retail can be designed by easily dragging and dropping the products. The multi-device compatibility feature of POG allows you to obtain, share and edit planogram on any device, including your phone. It helps in designing store-specific planograms for increased product visibility and sales.

                                                             Get Your Free Trial Now!


Show More..

Popular Blogs

Tags

How to increase sales of soft drinks?

Apr 22, 2019   |   33066

As an FMCG product, the sales of soft drinks depend upon the effective tactics that are utilized to exploit customer psychology. FMCG products are low-cost consumer goods that is used for day to day usage. A customer chooses a soft drink based on the cost, brand image, availability, visibility, health factors.

How to Drive Retail Sales with Efficient Store Clustering?

Jan 05, 2022   |   22261

Store clustering offers retailers a targeted approach towards sales. This helps to understand what opportunities are to match the product range to generate sales. Planogram helps retailers effectively plan their product range according to the store type.

How to read a planogram?

Jun 24, 2019   |   21360

Product distribution on shelves in a retail store are done to support instore visual merchandising efforts which helps to improve store sales. A planogram implementation is only complete after it is read and understood , and then arranged on the shelf according to that planogram.
<