Merchandizing

Affine's customer-centric merchandising analytics solutions enable the business to define customized assortment and promotions based on customer need and preference. Our solutions are as follows

Solution Offerings

Assortment Optimizations


Our optimization capabilities can be used to derive the the best product assortment to drive sales while keeping in mind the strengths and desirability of each SKU.

Need

The product assortment(s) has an enormous impact on sales and gross margin. Hence, there is a need to simplify and streamline the assortment planning process by identifying the optimal mix of SKUs which are fast moving and provide high value.

Impact

Assortment optimization helps in increasing the purchase basket size of customer leading to increased revenue by catering to the diverse needs of customers. It helps in achieving the higher margin and lowers the inventory liability by ensuring a healthy sell-through rate for products.

    Promotional Pricing Effectiveness


    We can help retailers develop an analysis engie which can determine the impact of different price promotions. A simulator can help the business determine the impact of various plans and the best alternatives, aiding decision making.

    Need

    Pricing Promotions like discounts, clearance and, BOGO help to attract customers and move more units at the cost of margin. An effective analytical approach to promotional pricing is needed to determine the best trade-off between sell-through and margin.

    Impact

    Promotional pricing analytics determines the optimal prices that lead to higher volumes, gross profits and velocity of sales. It also determines the best trade-off between maximum margin and maximum sell-through scenarios. The regular campaign monitoring leads to generation of directional insights that help design efficient future campaigns.

      Planogram


      Affine can help retailers decipher the strengths and abilities of different aisles and endcaps in the store and how best to utilize the shelf space by analyzing purchases.

      Need

      Retailers need to make the most of up to date insights in consumerism and visual merchandising, planogramming to constantly exploit quality high street marketing techniques. Effective planograms combine the needs of the store with the needs of the consumer, makes the products visually more attractive and available in the store and increases the sales by category.

      Impact

      Efficient planogram leads to bigger basket size by influencing customer's purchase decision. The attractive end caps and highlighted offers in the planogram motivates the customer to explore the store more and hence increases sales.