4 Footwear Retail Practices That Just Got Better
Footwear retailers have a little different set up than other types of retailers. That’s really a good thing. People need shoes, and they’re willing to spend a little more time shopping for the right pair of shoes. That’s because, first, they want their feet to look good while wearing them, but they also want to be comfortable while they look good.
The following common practice of footwear retailers are now a little better due to modern technology. If you have the right solution, your footwear retail business can look good and be comfortable–like a good pair of shoes.
- Size analysis – Imagine being able to order the right sizes in every brand and style of shoe or boot you carry in your footwear style without having to check your inventory. Intelligent size analysis knows which sizes of which shoes sell the best in your store. By collecting the history of sales, you can automatically replenish your footwear supply so much more easily.
- Allocation and replenishment – When you have these processes on automation, you can receive the right product at the right stores at the right time because your system orders when it hits a target trigger. You set the minimums and maximums and let the technology do the rest. You’ll never run out of product again.
- Seasonal assortments – Your customers will buy their footwear according to the season, and they want to buy before the season hits. Get your winter boots on the shelf at the right time to pique your customers’ interest. Get those summer flip-flops at just the right time. When seasonal products arrive at the right time, you’ll sell more, and sell them faster.
- Performance management – Automated systems track everything important. Make sure your employees know their identification for your system. Never overpay or underpay again when you can track and monitor employee,store, and regional performance.
ChainDrive is ready to optimize your footwear retail operations as soon as you are.