Guest Writer: Aaron Hoffmeister
In the cut-throat world of consumer goods, brands fight for every inch of shelf space and every customer dollar. But ensuring your products are well-stocked, displayed prominently, and priced competitively in a brick-and-mortar shop can be a logistical nightmare. This is where retail execution software steps in.
Our own in-house retail execution SME, Aaron Hoffmeister, shares his 18+ years of experience on what sets solutions apart.
What is Retail Execution Software?
Retail execution software is a suite of tools designed to streamline and optimise a brand's in-store presence. It empowers brands to:
- Plan and schedule merchandising activities for field teams, ensuring they stay organised.
- Track and monitor stock levels, product placement, and competitor activity. Gone are the days of guesswork.
- Collect data and generate reports on store performance and campaign effectiveness, providing valuable insights.
- Improve communication between brands and retailers, fostering a collaborative spirit that benefits everyone.
Why is it Important?
Here's why retail execution software is a game-changer for brands:
- Boosts Sales and Profitability: By ensuring optimal product placement, pricing, and promotions, brands can significantly increase sales and profits.
- Enhances Brand Image: Well-maintained displays and engaged shop floor staff create a positive brand experience for consumers. It's all about creating a lasting impression that keeps customers coming back for more.
- Improves Field Team Efficiency: Software automates tasks, optimises routes, and provides real-time data, allowing field teams to work smarter, not harder. No more time wasted on administrative burdens – they can focus on what truly matters: building relationships and driving sales.
- Strengthens Retailer Relationships: Software facilitates better communication and collaboration between brands and retailers, leading to stronger partnerships.
- Provides Data-Driven Insights: Software collects valuable in-store data that brands can use to make informed decisions about product placement, promotions, and future strategies.
Choosing the Right Software
Businesses utilizing Perenso's field sales software have shared that the improved efficiency has provided their team with the capacity equivalent to adding two extra members.
By investing in the right retail execution software, brands can gain a significant edge in the competitive retail landscape. Software empowers brands to take control of their in-store presence, optimise sales, and build stronger relationships with retailers.
Watch the video below to see Perenso's retail execution software in action.
Ready to take your brand's retail execution to the next level? Perenso’s retail execution software will help you unlock the full potential of your brand in the physical world.