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With stores stocking over 70,000 SKUs, it is important to make sure that you arenu2019t getting lost in the shuffle. An infographic by StayinFront presents top 5 questions about SKUs to improve your overall sales strategy in-store.
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TOP 5 Questions TO increase sales performance and ROI Answer these 5 questions about your SKUs to improve your overall sales strategy in-store. 1. What’s been the best-selling SKU? Identify your best selling SKU so that you can add it to your Must Stock List. 2. Which SKUs deserve more or less space? Insight into SKU performance allows you to identify the best performing SKUs and allocate shelf space accordingly. 3. What are the best-selling SKUs in each module type and daily rate of sale? Maximise your daily rate of sale when you identify your best-selling SKUs. 4. Which SKUs have the highest risk of running out? Make sure that you keep your stock topped up – you don’t want the best seller to be out of stock! 5. When should the retailer be advised to stop ordering SKUs destined for discontinuation? Be prepared and make retailers aware of when your SKUs will be discontinued. With stores stocking over 70,000 SKUs, its important to make sure yours aren’t getting lost in the shuffle. Leveraging EPoS data, field teams can gain timely alerts, highlighting performance gaps, sales opportunities and performance all the way down to an individual SKU, selling in a specific store on a specific day. Do More. Know More. Sell More. stayinfront.com ©2018 StayinFront