Grow Your Sales & Profit With Merchandising - the data driven heart of a product business
But what is merchandising?
Merchandising is the numbers side of retail brands.
In a retail head office, merchandising is all about planning and managing the products that the store sells. The goal is to make sure the right products are in the right place, at the right time, and at the right price. It involves deciding which products to buy, how much to stock, where to place them in stores, and how to price them to maximize sales and profits. Merchandisers analyse sales data and trends to make these decisions, ensuring that the range meets customer demand while managing inventory levels effectively. Good merchandising helps avoid overstocking (which ties up cash in unsold products) or understocking (which leads to missed sales opportunities).
Merchandising is critical for any retail business because it directly affects revenue, cash flow, and customer satisfaction.