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Articles on Assortment Planning

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How To Approach A Product Range Review For Your Business

By | on 08, Jun 2021 |   Assortment Planning

Something isn't right with your product offering and you know it. Your sales are down and fewer customers are visiting your store. These are signs that you need to look at what you offer and that's wh[...]

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How To Use Your Known Value Items To Drive Retail Success

By | on 20, May 2021 |   Assortment Planning

As a retail business, if you want to improve your sales and profitability, one solution is to offer shoppers the products they want to buy. However, that is not enough - it is just as critical for you[...]

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Consistent Product Availability Leads To Improved Customer Experiences

By | on 12, May 2021 |   Planograms Floor Planning Assortment Planning

Consistent product availability is the essence of a positive shopping experience and the backbone to ensure a secure income stream and loyal customers. Fail to provide the right products at the right [...]

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Product Update: DotActiv’s Launches New Range Optimizer Solution

By | on 04, Feb 2021 |   Assortment Planning Product Attribute Clustering Range Optimizer Solution

Your customers have high expectations when they enter your store. They expect, among other things, to find the products they’re looking for and to have a pleasant shopping experience. So how can you a[...]

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When Should You Introduce a New Product Category?

By | on 19, Jan 2021 |   Assortment Planning SKUs Product Category

So you’re interested in introducing a new product category into your store because you hope it’ll bring you increased profits and show customers you can offer them more. Both are good reasons to bring[...]

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[Free Ebook] A Definitive Guide to Cluster Analysis

By | on 10, Mar 2020 |   Category Management Assortment Planning Retail Data Cluster Analysis Machine Learning Customer Segmentation

Clustering is a function of category management which you can use to facilitate end-to-end solutions. You can also use cluster analysis to group your retail data and understand the similarities betwee[...]

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Struggling With Assortment Optimization? Here's What To Do

By | on 11, Nov 2019 |   Assortment Planning

As a retailer or supplier, it’s essential that you monitor your customers’ product interests and preferences so that you can offer the right products, in the right quantity, at the right place, and at[...]

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How Do You Know If You Stock the Right Product Mix?

By | on 01, Aug 2019 |   Assortment Planning

Ensuring you offer the correct product mix at the right time, right place, at the right price and to the right customers is vital to surviving in a competitive retail environment. By selecting a caref[...]

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8 Calculations to Use For an Enhanced Retail Assortment

By | on 11, Jun 2019 |   Assortment Planning

Choosing the correct retail assortment is one of the most important decisions you’ll make for your retail stores. Select the wrong products, and you’ll have dissatisfied and frustrated customers. Fort[...]

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Hardlines vs Softlines: Here’s How They Affect Your Business

By | on 10, May 2019 |   Assortment Planning

While retail inventory is broad - there are multiple types of products across various categories - you can also filter it into two distinct groups. On the one hand, are your hardlines. On the other, a[...]

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