Research by IBM showed that 58% of consumers want to get product information in-store before a purchase. Around 19% of these shoppers use their mobile devices during the buying journey and this figure is set to grow. Ensuring that the store can provide a blend of technologies and traditional price, promotion and product information is key to competitive advantage, enticing shoppers to interact with products and convert them from browsers to buyers.
Retailers want to implement things fast but also ensure they are making the best technology decisions. Setting up trials of new technologies is becoming the normal way to evaluate and decide which technologies to invest in and roll out across the whole estate. We’ve invested in a simple to use software and implementation.
What NetTickIT can do for you?
NetTickIT’s Shelf Edge solution is a game-changer for retailers and manufacturers alike. The solution provides real-time data on product availability, pricing, and promotions at the shelf edge, enabling retailers to make data-driven decisions that increase sales, improve customer satisfaction, and reduce costs.
One of the cheapest ways to increase sales is to provide customer with in-store up-to-date information. Nobody likes a scenario where you take the item you want to purchase to the cashier and suddenly the price is different. Or the one where you check the availability of a product online, the online-store shows the product is in stock and then you drive yourself to the shop just to get disappointed. This is the shortest way to lose sales opportunity not to mention client.
If you bear in mind your customer’s satisfaction and you look to build customer loyalty, you will need to take a closer look at real-time data. By providing real-time data on product availability, pricing, and promotions, you can ensure that shelves are always fully stocked and that products are priced competitively. This helps to prevent out-of-stocks, reduce the amount of refunds due to pricing errors or customers misplacing stock which can lead as mentioned to lost sales, and also this ensures that customers are more likely to find what they are looking for when they visit the store. And this is a key benefit of NetTickIT Shelf Edge solution.
By providing real-time data on product availability, you can better manage your inventory and reduce the amount of stock you need to keep on hand. This leads to significant staff cost savings of up to 40% and helps to be more efficient.
Real-time data is a powerful tool. Not only it provides you and your customers with up-to-date information but it gives you some insights on your customer’s buying behaviors, such as which products are selling quickly, which are not, which can be used to inform future product offerings and promotions and what kind of promotions are resonating with customers.
In addition, NetTickIT’s Shelf Edge solution is also extremely easy to use and can be integrated seamlessly with existing systems from PIM, MRM, Stock Management, Planogram, ERP, EPOS, etc. This means that retailers can start reaping the benefits of the solution almost immediately, without the need for extensive training or a significant investment in new technology.
Overall, NetTickIT’s Shelf Edge solution is a powerful tool that can help retailers to increase sales, improve customer satisfaction, and reduce costs. It is an essential solution for any retailer looking to stay competitive and grow their business in today’s fast-paced retail environment.
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