maximize market share with micro merchandising

11
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Page 1: Maximize Market Share with Micro Merchandising

Sponsored by

Sponsored by

Think Globally. Act Locally.

Page 2: Maximize Market Share with Micro Merchandising

Today’s PresenterToday’s Presenter

Jerry Inman

Chief Marketing Officer

7thonline

Page 3: Maximize Market Share with Micro Merchandising

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

Page 4: Maximize Market Share with 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

Page 5: Maximize Market Share with Micro Merchandising

The Holy Grail for RetailThe Holy Grail for Retail

The Right Product.

In the Right Place.

At the Right Time.

In the Right Quantity.

Page 6: Maximize Market Share with Micro Merchandising

Micro Merchandising – Areas of FocusMicro Merchandising – Areas of Focus

I. Customer and Store Profiling

II. Product and Store Attributes

III. Clustering

Page 7: Maximize Market Share with Micro Merchandising

Consumer Centric RetailingConsumer Centric Retailing

Cross Channel Merchandise & Assortment Management

Page 8: Maximize Market Share with Micro Merchandising

Industry Acknowledges Market Leadership…Industry Acknowledges Market Leadership…

Page 9: Maximize Market Share with Micro Merchandising

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

Page 10: Maximize Market Share with Micro Merchandising

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

Page 11: Maximize Market Share with Micro Merchandising

Questions? Please contact me at [email protected] or call 212.997.1717 ext 327

Thank youThank you