Visual Merchandising; an effective weapon.
The revolution in retail industry has taught us the importance of visual merchandising. In a simple language, retail establishments typically use product or service displays to draw customers in and encourage them to make a purchase.
Imagine yourself entering a posh department shop through its magnificent entryway, greeted by elegant scents. The newest fashion trends are displayed on contemporary dummy and matching shoes and accessories are kept close by to finish the ensemble. These are prime illustrations of effective merchandising techniques. Product placement, window displays, signage, lighting, stock facing, appropriate shelf stocking and in-store promotions are important aspects of retail layout. On the other hand, user-friendly web design, captivating landing pages, distinct product category pages, product photos, intuitive product descriptions, personalized recommendations, user-guaranteed contents and a check out process made easier by a point of sale system are crucial components of e-commerce merchandising.
A well-formulated merchandising strategy serves as a blueprint for the shopping experience, guiding customers through your retail offerings. Following are the core benefits of implementing a retail merchandising strategy- both for retail stores and online portals;
1) Increase sales.
2) Boost brand recognition.
3) Enhance customer experience.
4) Improve inventory management.
5) Drive customer retention and brand loyalty.