Solutions
Is your retail business facing any (or all) of these challenges:
- The price on the shelf doesn’t match the price at the POS
- You don’t have enough staff to change price labels
- You don’t know when you’re out of stock on the shelf
- Pick and pack staff can’t find items to fulfil orders efficiently
- Your staff don’t have the detailed product knowledge that shoppers need – particularly in pharmacy.
- Your in-store prices don’t match the promotion your shoppers have seen on TV.
- You’re running a promotion but only some of your stores are showing the offer pricing
- It’s hard to retain good staff
- Staff training takes too long
- Maintaining product margins
- Retaining customers in the face of increasing competition
- Consumers are more price-sensitive and price-aware
- Price regulation and compliance
- Improving relationships with your suppliers
- Meeting sustainability targets
Read on for how Future Retail’s solutions can help
Benefits of ESL
Manual pricing is time-consuming, costly and open to error. Not to mention the environmental footprint created by millions of paper labels. ESL saves on labour, minimises wastage, and ensures 100% accuracy.
Inaccurate, or missing, price labels cause customer dissatisfaction and lost sales – ESL ensures that the price on the shelf is always the same as the price at the POS.
Customers love promotions, and with ESL, offers can be instantly delivered to the shelf -edge, saving time and increasing take-up.
Dynamic pricing/surge pricing helps to maximise profitability, by adjusting pricing according to key conditions – which could be time of day/public holiday/location/your competitors’ offers/even weather conditions – and can be automated using our smart AI-powered software.
When your staff are picking a click and collect order, flashing lights on the ESL guide them to find items faster. Orders are fulfilled more accurately and efficiently, for speedier collections and happier customers.
Value at a glance
Our ESL solution offers:
- Cost control– automated pricing, reducing your labour effort and costs of paper price ticketing and stock control.
- Increased profit– from additional staff customer focus, surge pricing abilities and margin protection.
- Advertising – additional revenue streams from in store supplier advertising.
- Agility– flexibility to increase the volume and diversity of promotional offers with zero impact to staffing.
- Accuracy– immediate error free compliance with group/head office pricing across all stores.
- Efficiency– centralised control and management of brand messaging and pricing extended right to the shelf edge.
- Productivity– guided product restocking and picking.
- Customer engagement– modern professional retail environment delivering enhanced product information via a simple NFC tag or QR code scan.
- Reliability– secure Australian based platform using mature and proven technology..
- Useability– simple automated operation minimising staff training.
- Sustainability– reduced use of natural resources and with a ‘zero’ land fill outcome at end of life.
Let’s talk ESL
Benefits of Store Monitoring
Shelves without monitoring are like a black hole – you don’t know what’s there, or whether they’re full or empty. Empty shelves mean lost sales opportunities. Eliminate empty shelves with automated, AI-powered monitoring for low-stock alerts. Knowing the status of shelves enables retailers to fill them on time, with the right products – and make lost sales a thing of the past. Monitoring over time builds up a clear picture of usage patterns that can be analysed with AI for smart forecasting.
Value at a glance
Our shelf monitoring solution offers
- Automated shelf monitoring– streamline operations and reduce inventory management inefficiencies with gap scanning. Optimise store layouts by understanding customer flows.
- Real-time business insights– Maximise on-shelf availability and respond to changing market conditions in real time. Prioritise staff scheduling based on day-to-day store needs.
- Optimised sales forecasting– Improve product assortment planning and replenishment to reduce waste and optimise revenue growth and promotions through automated insights and real-time data.
- Elevated customer experience– Understand customer behavior with point of sale (POS) data that enables you to keep the products your customers want available in store and offer relevant promotions
Let’s Talk Monitoring
Benefits of Digital signage
An eye-level, engaging display on shelf ends is a powerful way to capture shoppers’ attention at the exact point at which they’re making their shopping decision. Our digital signage allows retailers to communicate with customers at the key point in their shopping journey, to upsell, cross-sell, increase average basket size and improve inventory turnover.
Our smart content management software allows you to rapidly run digital campaigns and see the effects in real time in your sales data.
It also offers the opportunity to monetise the digital ‘real-estate’ by offering prime advertising space to product manufacturers, generating a new revenue stream to future-proof your store.
Value at a glance
Our digital signage solution offers:
- Customer engagement– deploy scheduled impactful messaging right at the shelf with compelling calls to action.
- Interactive experiences– Create campaigns beyond promotions that offer brand experiences in-store and get to know your customers better through their interaction.
- New revenue streams - deliver digital campaigns to encourage purchasing and generate sales.
- Strengthen brand partnerships - form closer brand alliances and attract brand sponsorship revenue from instore advertising.
- Improved sustainability– eliminate paper waste and reduce your carbon footprint through efficient promotional signage.
Let’s talk digital signage
Benefits of Data intelligence
A store collects millions of data points, and your data holds a wealth of insights that can help you run your business more efficiently and surge ahead of your competition. Our AI-powered software helps you to mine your existing data and extract all the insights that are currently hidden within. Once you have those insights, you can harness them to improve workflows and blow your customers away with the best shopping experience.
Value at a glance
Our data intelligence solution offers:
- Informed decision making– optimise your product mix, pricing strategy, and in-store execution.
- Improved workflows– positively impact your bottom line by tuning your supply chains, category management, staffing models and inventory turnover.
- Elimination of in-store waste– optimise product assortment to suit your shoppers’ preferences.
- Competitor pricing monitoring– actively track competitor pricing and automate price updates and promotions.
- Store performance tracking– monitor performance at individual or chain level.
Let’s talk data intelligence
