One Door的动态

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查看PS Sarath Chandra的档案

Connecting Media & PRs / Public Relations, GlobalData Plc

In today’s fast-paced #retail environment, effective #visualmerchandising is critical to driving in-store sales. However, according to a study conducted by GlobalData Plc and visual merchandising software provider One Door, a staggering loss of $125 billion in the #USretailsector is due to poor merchandising practices. This loss is attributed to unsatisfactory displays, confusing store layouts, and hard-to-find products. According to the study, nearly 50% of consumers have exited stores without making their intended purchases due to poor visual merchandising. A striking 73.4% of shoppers expressed dissatisfaction with the in-store displays they encountered in the past year. This issue leads to a significant 3.3% annual loss in sales for brick-and-mortar outlets. Here are the key findings: 1?? Mid-market stores face the biggest impact, with chaotic displays and elusive products leading to a loss of $54 billion in revenue. 2?? Discount shoppers show just a 51.5% chance of revisiting stores with substandard merchandising. 3?? The most common frustration? Hard-to-find products (33.3%) and disorganised displays, which continue to frustrate a significant number of customers. Neil Saunders, Managing Director at #GlobalData, comments: “#Consumers today are time-poor and have little tolerance for messy displays and hard-to-find products. #Retailers that neglect visual merchandising are driving customers to seek alternatives, including online shopping.” The findings show that visual merchandising is more than just aesthetics—it is a vital part of the customer experience and a key driver of revenue. Retailers need to take this seriously or risk losing customers to competitors, including online retailers. Want to dive deeper into the latest retail trends and strategies to improve your store's performance? Reach out for more insights into the current retail landscape and how visual merchandising can help you recover lost revenue. #Decodethefuture with GlobalData Plc GlobalData Retail Neil Hendry Russ Milburn Ivan Izus Torossian Cecily Mejia Jangoulun Singsit #Merchandising #CustomerExperience #Sales #BusinessInsights #RetailTrends #GlobalData

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Neil Saunders

Managing Director and Retail Analyst at GlobalData Retail

1 个月

Thank you, Sarath! ????

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