YOOBIC's Retail Blog

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3 Reasons Your Stores Struggle With Compliance

Posted on 13-Jun-2019 14:36:42

As we all know, the cornerstone of a successful store is a flawless customer experience. And one of the biggest contributing factors to that experience is the look and feel of the store.

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Topics: in-store compliance, in-store execution, conversion rate, store operations, visual merchandising, compliance, in-store execution strategy

Why Retailers Should Digitize Store Visit Procedures

Posted on 27-Sep-2018 16:59:03

Why should we bother to digitize store visits? If it ain’t broke, don’t fix it… right? Wrong.

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We’ve already seen plenty of stores we know and love go under because they couldn’t keep up with what their customers wanted.

We've seen so many retailers incorporate tech into the shopping experience to remove pain points, but store operations processes have lagged behind.

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Topics: customer experience, in-store compliance, retail tech, store visits, store operations, digital store visit tool

4 Ways to Grow Sales by Helping Poorly Performing Stores Do Better

Posted on 26-Jul-2018 08:05:00

Poorly performing stores are quite the conundrum for retailers these days.

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Topics: retail operations, increasing retail sales, in-store compliance, in-store excellence, in-store execution, store visits, improving store performance

How Can UK Grocery Retailers Do More with Less? Here's the Secret Ingredient: Part 2

Posted on 17-May-2018 08:00:00

Last week, we wrote about how operationally efficient grocery store teams have more time to create positive experiences for shoppers. That's what makes a retailer stand out in a fiercely competitive industry. 

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Topics: in-store compliance, Grocery Retail, Brand Agreements, operational efficiency

Video Blog - How Can You Supercharge Your Stores to Perform Better?

Posted on 28-Feb-2018 17:15:00

In this 3-part series, we will give you an answer to this critical question.

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Topics: in-store compliance, Video Blog, visibility, operational efficiency

How to Improve Compliance with Operational Standards When Time and Resources Are Limited

Posted on 06-Nov-2017 10:09:10

We see many organizations that struggle with their operational standards. It’s not that they don’t know of the problem -  they do. But they don’t know how to fix it.

Regional Managers are often responsible for checking and correcting operational standards. This is where the problem is. Regional Managers have very limited time and resources but have to manage plenty of locations. The consequence is that store visits are rare.

Here at YOOBIC, we know all about those problems. We also know how to solve them. Let’s show you the 3 ways we help organizations improve compliance.

1. Visibility of what happens in the field - in real-time

This may be the biggest pain for most organizations: not knowing what happens in the field. In real-time, that is. Companies struggle to get information quickly. Often, data and information take weeks to get to HQ. What’s worse, it takes regional managers a lot of time to collect and collate all that information. That’s not very productive for anyone.

Imagine if you could have all that mission-critical data available as soon as it’s collected. Well, that is the reality of our clients. We help organizations get instant visibility of what’s happening in the field.

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Topics: in-store compliance, compliance

Popai Compliance Initiative Study: An Alarming Situation for Brands and Retailers

Posted on 10-Jul-2015 10:28:06

Last year, POPAI and Quri released a major study on the implementation of secondary displays and their impact on sales in four different channels of trade: Food, Drug, Mass and Dollar.

Let’s highlight the most alarming results:

The study shows that 41% of stores audited had the planned – properly executed – display. Besides, for 17% of stores the display was present but “drastically different than planned. 42% of stores were absolutely non compliant. How bad is that? Let’s see how compliance impact sales to answer that question.

When displays were compliantly executed, promotions received a 90% sales lift. The presence of a compliantly executed display corresponds to 21% of these 90% sales lift (when 69% of it was attributable to pricing tactics). That’s big.

Well, this is a big issue but if professionals are aware of it that can be solved in the long term you would say. The thing is…they are NOT!

Indeed, POPAI polled the participating CPGs to see the current state of their expectations around secondary display compliance and the measuring of the ROI of the display. When asked “Does your company have a desired compliance rate around displays? If so, what was the rate?” , most of them think that compliance is very high (70%+), where in reality display implementation compliance was significantly lower (58%) !

In conclusion, industry perception on compliance and reality are not the same… Professionals are not fully aware of the level of non compliance in their stores leading them to think that their situation is okay when it could be way better.

This is good food for thought!

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Topics: in-store compliance

Welcome to our retail blog!

We want to use this space to share our love of retail with the world. That means you can expect articles on topics like:
- Industry news and trends
- Perfecting the in-store experience
- Best practices, tips and tricks
- Optimizing sales and boosting in-store conversions

Happy reading!

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