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

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

This article was originally posted in May 2018, and was updated in July 2019. 

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

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

This article was originally published in November 2017 and updated in July 2019. 

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Topics: in-store compliance, in-store execution, store operations, compliance, audits

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

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