maximize market share with micro merchandising
DESCRIPTION
TRANSCRIPT
Sponsored by
Sponsored by
Think Globally. Act Locally.
Today’s PresenterToday’s Presenter
Jerry Inman
Chief Marketing Officer
7thonline
What You Will Learn TodayWhat You Will Learn Today
I. What is Micro Merchandising
II. How Micro Merchandising Increases
Profitability for Retailers
III. Best Practices for Implementing Micro
Merchandising
Industry Market DriversIndustry Market Drivers
Increase Revenue• Increase Sales
• Improve Margins
Improve Inventory Management• Increase Channel Visibility
• Earlier Demand Visibility
• Reduce Markdowns
• Reduce Out-of-Stocks
• Improve Inventory Turns
Reduce Operational Costs• Decrease Error Rates
• Improve Personnel Productivity
• Minimize Cost of IT
Radically Reduce Excel Spreadsheets
The Holy Grail for RetailThe Holy Grail for Retail
The Right Product.
In the Right Place.
At the Right Time.
In the Right Quantity.
Micro Merchandising – Areas of FocusMicro Merchandising – Areas of Focus
I. Customer and Store Profiling
II. Product and Store Attributes
III. Clustering
Consumer Centric RetailingConsumer Centric Retailing
Cross Channel Merchandise & Assortment Management
Industry Acknowledges Market Leadership…Industry Acknowledges Market Leadership…
Enterprise Class Platform and Cloud InfrastructureEnterprise Class Platform and Cloud Infrastructure
• Standards Based• J2EE, Oracle, MS SQL Server,
browser based• Service Oriented Architecture (SOA)• Industrial strength security
• Scalable• Horizontal clustering• Service multi-threading• Database optimizations• Network compression
• Global• Multi - language• Multi - currency• Multi - division enabled• Global deployment
• Extensible• Web services• Integration services
• Cloud• Elastic scalability and resource
allocation• Dynamic provisioning• Fine-grained control of computing
resources• Enterprise class interoperability and
access• Security, privacy, integrity and SLA’s• Extreme- transaction-processing
(XTP) grade performance• Multitenant configuration,
customization and version control
The 7thonline DifferenceThe 7thonline Difference
Key Differentiators• Retail Industry DNA
• Only Solution Provider with Cross Channel Strategy
• Advanced Proprietary Algorithms
• Consumer Demand Centric Solution
• User-Driven Embedded Business Intelligence & Analytics (No IT Required for Reporting)
• Familiar “Excel-like” GUI
• Scalable, Enterprise Class & Cloud Infrastructure
• Fastest Time to Value – Rapid Implementation Approach
• Proven ROI
• Proven Track Record with Leading Retailers, eCommerce and Vendors in Apparel, Footwear & Accessories
Questions? Please contact me at [email protected] or call 212.997.1717 ext 327
Thank youThank you