Merchandising for $ale$ Damian Skretta Manager, Packaging & Merchandising April 2007.

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Transcript of Merchandising for $ale$ Damian Skretta Manager, Packaging & Merchandising April 2007.

Page 1: Merchandising for $ale$ Damian Skretta Manager, Packaging & Merchandising April 2007.
Page 2: Merchandising for $ale$ Damian Skretta Manager, Packaging & Merchandising April 2007.

Merchandisingfor $ale$

Damian Skretta

Manager, Packaging & Merchandising

April 2007

Page 3: Merchandising for $ale$ Damian Skretta Manager, Packaging & Merchandising April 2007.

Retail Credentials- Over 30 years merchandise experience

- Manager & District Manager

- Category Manager/Buyer

- Director, Corporate Brands – developed and designed merchandise and packaging, end cap and shelf displays, ads and promotions

Page 4: Merchandising for $ale$ Damian Skretta Manager, Packaging & Merchandising April 2007.

Merchandising for $aleswhat we will cover

- In store definitions

- What is Retail Merchandising

- You are the key

- Universal Truths in Merchandising

- Store layout recommendations

- Do you want a sales increase

- Signing; clip strips, displayers, BSC web site

- Summary information

Page 5: Merchandising for $ale$ Damian Skretta Manager, Packaging & Merchandising April 2007.

DefinitionsEnd cap – Promotional display at the

end of each gondola. This is valuable

retail space for promoting merchandise –

NOT to be used for basic displays

Basic Stock Item – Daily staple item to be carried and never out of stock – top sellers producing above average sales volume

Off-Sale – Item in stockroom, but not on display on sales floor

Off Shelf Display – End cap, dump bins, auxiliary display – large bulk display – not on side counter

Page 6: Merchandising for $ale$ Damian Skretta Manager, Packaging & Merchandising April 2007.

What is Retail Merchandising?…the management of inventory to ensure the most advantageous display of fast & slow moving items, and to maximize sales per retail sq. ft.

Includes:

- Inventory assortment planning

- Sales floor design

- Product presentation: visual merchandising and display

- Pricing

- Signing

Page 7: Merchandising for $ale$ Damian Skretta Manager, Packaging & Merchandising April 2007.

Youare very important

to our goals!!

- Sell more SKILCRAFT/JWOD merchandise

- Increase factory production

- Increase the number of jobs for people who are blind

- You are the last contact with our customers!

- Now that we have commercial-type packaging, let’s take advantage

of it with our displays

Page 8: Merchandising for $ale$ Damian Skretta Manager, Packaging & Merchandising April 2007.

UniversalTruths in MerchandisingTime proven fact or procedure, encompassing all of retail merchandising, proven to help achieve specific goals in inventory control, sales and profit.

Page 9: Merchandising for $ale$ Damian Skretta Manager, Packaging & Merchandising April 2007.

Universal Truthsin Merchandising

- Sales do not just happen, you make them happen by concentrating on basics in everyday merchandising.- Invited guests = customers

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- Out of Stocks cause our customers the four Dis’s

1. Disappointed

2. Dismayed

3. Disgusted

4. Disappear

Universal Truthsin Merchandising

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- 80/20 Rule

- Off-Sales is a cardinal sin of retail

- New items drive sales – must feature them; can not have customer try to find them – easy impulse

sale.- Cross selling increases sales “Want fries with that.” – standard practice

Universal Truthsin Merchandising

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- Can’t sell pegboard – goal-max sales/sq ft.

- Can’t afford to be out of basic stock – overstock on

slow seller- Know your merchandise – product knowledge pays off in sales

Universal Truthsin Merchandising

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- Easier to make a good selling item better than a poor selling item good. – these are promotional end cap candidates

- Concentrate on what produces sales – only so many hours in a day – work smart, prioritize

- Well displayed is half sold – ends and side counters

Universal Truthsin Merchandising

Page 15: Merchandising for $ale$ Damian Skretta Manager, Packaging & Merchandising April 2007.

- Signing Sells – draws customer attention to what you want to point out to them; market research shows this results in 5-20% more lift than normal

- Impulse items increase total market basket

- One item ends are the most effective sales producers.

Mass display of the best items = customer confidence – “Selling psychology”

Universal Truthsin Merchandising

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- No permanent basic displays on end caps! – Rotate merchandise selection

- Shelf location is very important - Best sellers at eye level

- Can never sell too much – know what sells; never be out

- Eliminate the “Sales Prevention” area of your store merchandise operation

Universal Truthsin Merchandising

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- If the customer can find it; they will buy it! They came to your store to buy

- Merchandise display by selling merit – example 3 ring binders

- Walking by an empty display without taking any action = manager approval

- Maintain shelf display consistency – label counters

Universal Truthsin Merchandising

Page 18: Merchandising for $ale$ Damian Skretta Manager, Packaging & Merchandising April 2007.

Store LayoutRecommendations - Category Flow

- Smooth and easy to shop; basics in stock.

- Side Counters – - Full and faced- Shelf edge marking; same item; same location- Never out of a top seller- Rotate stock, fresh look- Categories displayed vertically and together- Eye level – basic items you want to sell the most- Most space for best items = selling merit- No Off-Sales- Pegged merchandise above shelved items- Larger items on base

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Store LayoutRecommendations

- Adjacencies –- Pencils next to pens- Writing pads together- Added Impulse sales items

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Do You Want a Sales Increase?

- Best use of signing- Making use of Clip strips

- Using any available Sales Sheets

- Using available product displayers- Keeping your people informed

- Reviewing information on bscsales.com

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Signing– End caps 8.5” x 11” and Side Counters

3.5” x 5.5”

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Signing- Wall Banners 1.5’ x 4’

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Clip Strips

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Displayers

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BSC Web Site• Communication

• Information

• www.bscsales.com

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Summary

- Merchandising for $ale$

- Stop by Vendor Fair display booth #400 & #402

- Questions:/Comments:

Damian SkrettaPhone: (703) 310-0546Email: [email protected]