OSP

🔨 We're thrilled to share that OSP is now partnering with Travis Perkins, the UK’s top supplier for the building and construction industry! 🧰   Our Macro team is conducting a branch survey project to capture current category space information, including any layout and equipment changes. This ensures the most accurate data is used to update the estate library.   Using this data in our Macro Space Optimisation software, the Retail Analytics team will deliver detailed space recommendations to Travis Perkins. This transformation is set to elevate the customer experience and drive greater operational efficiency across Travis Perkins' entire branch estate.   Thank you to the amazing teams at both Travis Perkins & OSP who made this possible, we are delighted to be working with such a prominent merchanting business. 

🎄 As Christmas approaches, our clients are geared up for one of the most crucial shopping periods of the year. For Retailers, Christmas isn't just about the festive spirit, it's an opportunity for revenue and for many, accounts for a significant portion of their annual sales. With inflation and economic pressures impacting consumer behavior, shoppers are increasingly looking for value and deals on essentials. So what can retailers do to stand out from the competition? 🖋 Personalisation 💻 Streamline online-to-offline experiences 🤑 Early promotions ♻ Transparent sustainability policies Adapting effectively to any customer-led trend helps the Retailer capture the Christmas rush and secure long-term customer loyalty. 🛍 Happy shopping 🛍

In today’s competitive retail landscape, precision and efficiency are key. That’s where CAD (Computer-Aided Design) comes in. At OSP, we use advanced CAD software to create detailed, accurate layouts that optimise your stores, improve customer flow and enhance product visibility. Using AutoCAD, our team: 📏 Use specific product measurements to ensure accurate placement. 🏪 Personalise drawings to your Existing Fixture and Equipment sizes. 🤩 Visualise and plan your store layout down to the smallest detail. 💸 Explore multiple configurations to maximise sales potential. 🛍 Ensure that every square foot of space is used effectively and efficiently. Read more about the benefits of using AutoCAD and 3D visuals for floor planning:

The term 'Black Friday' was coined as a result of the crash of the U.S. gold market in 1869 and has slowly made it's way to the UK Retail industry! Traditionally, Black Friday has been a huge event for retailers, driving significant sales both online and in-store. But in 2024, the landscape feels quite different, shaped by the ongoing cost-of-living crisis, stubborn inflation, and the impact of recent budget announcements. Cautious Consuming: With household budgets stretched by rising costs, many shoppers are prioritising essentials over discretionary purchases. While deals will be tempting, consumers are expected to spend more selectively, focusing on practical and high-value items. Retailer Strategies: Retailers are likely to respond to cautious spending by increasing promotions on staple products and offering payment flexibility (e.g., buy now, pay later options). At the same time, we may see a scaling back of discounts as businesses experience higher operating costs. Impact of Budget Announcements: The recent UK budget is unlikely to significantly boost disposable income for consumers in the short term. This could dampen the impulse-buying that typically defines Black Friday. The Digital Shift Continues: Online shopping will undoubtedly dominate again, but we might see a small resurgence in in-store shopping as people seek the experience of browsing and bagging deals in person. Retailers are increasingly blending in-store events with their Black Friday campaigns to entice foot traffic. This year could see a "value-driven" Black Friday. Consumers may spend less overall but will be looking for smarter ways to make their money go further. 💸 How do you think Black Friday 2024 will unfold? Will we see a shift in priorities, or will the "shopping fever" persist despite economic challenges? 💸

Did you know a well-executed space plan can increase retail sales by up to 20%? Here are 3 ways effective space planning boosts profitability: 🛍 Optimised product placement. 👩👩👧👦 Enhanced customer experience. 🛒 Improved stock management. Speak to one of our experts about using our Macro Space Optimisation software to turn your raw data into a competitive advantage. contact@osp-retail.co.uk

Trick, or Treat? 🦇 Halloween spending in the UK is projected to reach £776 million in 2024. 🎃 3 in 5 Brits (58%) plan to make a Halloween purchase, with an average planned spend of £25 per person. 💸 Gen Z are most likely to spend on Halloween in 2024, with 84% of this group planning to spend. What can this mean for Retailers? 👻 Boost in seasonal sales 👻 Expanded product lines 👻 Increase in Impulse purchasing 👻 Experiential retail opportunities OSP work with the UK's major retailers, ensuring that they are prepared for seasonal changes, get in touch at contact@osp-retail.co.uk 🍭

OSP collaborate with some of the UK's leading retailers to optimize store performance. Using Retail Analytics, CAD Planning and Planogramming, we maximise the retailers estate to increase store efficiency, ultimately driving customer engagement and boosting sales! Our team look to: 💸 Increase sales through strategic product placement ♻ Improve stock management and reduce waste ☺ Enhance the customer experience with optimized layouts 💻 Provide data-driven insights to stay ahead of trends and competitors Learn more about how we can support your business: www.osp-retail.co.uk

⛵ OSP are now working with the RNLI (Royal National Lifeboat Institution), a charity that has been saving lives at sea since 1824. We are grateful for the opportunity to use our expertise in supporting this meaningful cause, and with a few enthusiastic sailors on our team, collaborating with the RNLI is a natural fit! ''I wanted to say a massive thank you for the recent presentation, discussion, and the huge amount of pre-work that went into it. It has given us data we simply wouldn’t be able to achieve on our own which will help us move forward and drive sales which are vital for the RNLI. We are looking forward to receiving the report and working with you going forward.'' STEPHEN DERRICK MAAT 🚤 💻 Using insights from a recent clustering exercise, OSP provided a comprehensive analytics deck highlighting trends and patterns in sales. We will also be utilising our popular Macro Space Optimisation tool in the coming months to further support this wonderful organisation.

🚀 We are thrilled to present our updated brand! 🎉   At OSP, we believe in constant evolution to better serve our clients and reflect our values. This rebrand is more than just a change in appearance; it is a testament to our growth as we commit to offering innovative analytics solutions and exceptional space planning resource.   An overview of our services:   💻 Retail Analytics: In partnership with some of the top retailers in the country, we have developed a Macro Space Analysis solution that integrates seamlessly into existing systems and is entirely bespoke to each retailer. The solution pulls data from multiple sources and makes recommendations that will optimise your macro space and maximise availability, sales and profit. We also build custom analytics tools that allow for the creation of internal solutions that utilise the latest techniques available in the markets.   🖊 CAD Services: using advanced 2D and 3D software, our team transform your stores, maintaining brand identity and maximising space efficiency. We offer range-review and space planning services that analyse consumer behaviour and product placement to ensure consistency and quality across your estate.   🛒 Store Proposition & Planogramming: Our team analyses product range and store space using data-driven decisions to enhance efficiency, increase profit, and enhance the customer experience. We create, maintain, and implement actionable planograms, enhancing them with high-quality imagery. With creative tools and commercial expertise, OSP elevate your brand to keep stores looking fresh and engaging.   Our brand aligns with our vision of the future as we continue to push boundaries in the industry. We would like to thank our clients for their continuous support so far, and we are very excited for what's to come! 🙌 Follow the link to read more about OSP, our services, and our wonderful team.

🐶 Bring your Dog to Work Day (but at OSP, it's every day) 🐶   Did you know that having dogs in the office can greatly enhance the work environment?   There have been numerous studies identifying the following key benefits:   🐕🦺 Improved Mental Health: Dogs help reduce stress and anxiety, fostering a more relaxed and positive atmosphere   🐩 Increased Physical Activity: Regular walks with our furry friends encourage us to take breaks and get some fresh air   🐕 Enhanced Social Interaction: Dogs naturally encourage socializing, helping to build stronger bonds among team members   🐾 Boosted Morale: A few minutes spent playing with your pup or having a cuddle prompts the release of 'Happy' hormones Seratonin and Oxytocin   🩺 Overall health: Dogs lower stress, heart rate and blood pressure!