In most normal stores sales from places on the floor accounts for approximately 25% of all sales.
The main goal of any retail store is to increase and maintain sales and profitability. With stiff competition in the retail space and the outside threat of online commerce, it is imperative to convert as many leads as possible. Using our Space Management software for places is the best way to optimize Gross Profit -and to improve the layout of the store.
Identify the Best Selling Places in store, and we will help you to optimize your gross profit.
From where the hot zones are, to identified products with the highest gross margin. Link Floor is an inexpensive tool that cuts down on the difficulty of data collection and presents what retailers need to know in a manner that anyone can understand.
This allows identifying bestsellers and deploys them in such a way to maximize their potential sales volume. In addition, Link Floor also assists with the identifying of the best places in the store. So, retailers will know which parts of the store customers are visting the most. This allows to move the bestsellers to these highly trafficked zones. The added exposure will result in more sales volume and higher profits.
Data shows that bestselling product sells at a rate of between 100% -500% more than that of lesser-known products. This is absolutely something that shopkeepers should be leveraging in order to better the profitability and health of their retail business. Link Floor itself is backed up by impressive numbers, as we normally see a 10% increase in gross profit for the stores using the software.
Link Floor assists with the identifying of the Best Places in the store. This is where Bestsellers should be placed
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