"No one is harder on a talented person than the person themselves" - Linda Wilkinson ; "Trust your guts and don't follow the herd" ; "Validate direction not destination" ;

June 04, 2020

Planogram Insights

What are the different ways to think about Product assortment / Planogram? 

At Store Level
  • Key selling items
  • Key profit-making items
  • Volume vs Quantity vs Price
  • Seasonality
  • Brand consciousness
  • Buyer / Consumer Analysis
Historical data
  • Inventory data
  • Sales data
  • Sale patterns 
Assortment Insights
  • Category management
  • Size Decisions
  • Omnichannel distribution
SKU level ML variables
  • SKU
  • Seasonal
  • dimensions
  • Brand
  • Size
  • Colour
  • Price
  • Units sold
  • TimePeriod
  • Seasonallypurchased
  • Frequentlypurchased
  • NewProductCustomerPreference
  • PricingStrategy - (Promotional, Differential, Product Line, Psychological, Competitive, Premium, Optimal, Bundle, Penetration)
  • PriceHistory
  • Stocklevels
  • ProductVisibility
  • FulfillmentMethod
  • ReturnRate
More Products / Reads
How Data-driven Floor Planning Reinforces Merchandising Strategies
What Is Assortment Planning?
Assortment Planning
Assortment Planning
ShelfLogic
mi9Retail
visualretailing
Smartdraw
Repricer
Aptos

Keep Thinking!!!

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