Key Planogram Factors to Drive Customer Loyalty in Retail Stores
Running a retail store means juggling a lot at once. Retailers need to stock items, calculate shelf space, categorize products, and design a store layout. Of all the aspects that a retailer must focus on, earning customer loyalty should be the top priority. Loyal customers maximize your profits, reduce overall marketing costs, and help build your brand image wherever they go.
If retailers want their customers to be loyal, they must have an effective strategy to entice them. Retailers need to meet or exceed shopper’s expectations of the products and shopping experiences to satisfy them. Shelf planning solutions such as visual merchandising planograms are one of the proven strategies for doing this.
How Does Planograms Help Drive Customer Loyalty?
Today, customer loyalty is at the heart of successful retail. Sales and profits are no longer the only major indicators of success, with merchants increasingly emphasizing their overall retail experience. Given this focus, the retail store's role is becoming more prominent as a means of providing differentiated and satisfying shopping experiences. Shoppers always demand that the stores be filled with the items they want and satisfy their needs. Otherwise, it will prompt them to shop elsewhere. Retailers can adapt to their customer’s preferences and market trends by displaying the right merchandise on shelves with the help of planogram software. Planograms are visual representations of how products should be placed on shelves or displays in retail stores to maximize sales and improve the customer experience. Creating effective planograms is crucial for driving customer loyalty. The following are some key planogram factors that will help improve customer loyalty:
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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. Planograms 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.