LONDON–(BUSINESS WIRE)–#AdvancedAnalytics–Quantzig, a global data analytics and advisory firm, that delivers actionable analytics solutions to resolve complex business problems has announced the completion of its latest article- ‘How Visual Merchandising Can Boost Pharmacy Sales.’
This article offers in-depth insights into the benefits of visual merchandising and analyzes its role in boosting pharma sales. It also provides answers to two frequently asked questions-
1. Why pharmacies need visual merchandising?
2. How do you generate the insights to succeed and grow in a customer-driven pharma retail landscape?
Quantzig’s merchandising analytics solutions can help you identify anomalies and inventory exceptions at an early stage so that you can devise new strategies to rectify them and maximize benefits. Request a FREE proposal to gain comprehensive insights.
People today tend to associate visual merchandising with retail, making it seem like it’s solely reserved for clothing and the CPG goods segment and not the retail pharmacy space. However, one cannot ignore the fact that customers today are well-informed and are looking for not just the products of their choice but a personalized shopping experience. Besides, if you’ve stocked up on all the essentials in your pharmacy and no one is purchasing them, then it may be very likely that you follow a flawed visual merchandising strategy.
Unravel the complex correlations and affinities existing between various product categories using advanced data mining algorithms and advanced analytics methodologies. Talk to our analytics experts to learn more.
Why Pharma Retailers Need Visual Merchandising?
Visual merchandising is crucial for players across all retail segments. Like the lifestyle, CPG, and other retail segments, pharma retailers must focus on attracting new customers to drive growth and succeed in today’s complex retail scenario. Merchandising analytics can help businesses devise new strategies to stay on par with market trends and dynamic fluctuations in the market.
Why Choose Quantzig as Your Next Visual Merchandising Analytics Solutions Provider?
A powerhouse of
Our highly skilled team of analysts and data scientists can help you leverage quantitative analysis, cognitive technologies, and information-modeling techniques to fuel better business decisions.
Our deep visual merchandising analytics expertise has empowered businesses to transform their operations using role-based use cases that help execute targeted action plans.
Our advanced merchandising analytics solutions help businesses to seamlessly integrate external and internal data sets and transform them into actionable insights that can be leveraged for decision-making.
According to Quantzig’s merchandising analytics experts, “To succeed in the long run and build tomorrow’s merchandising organization, retailers will need to become more agile, digitally enabled, and rooted in advanced analytics.”
Our merchandising analytics solutions use the latest statistical approaches and advanced algorithms to help you accelerate your journey from data to decisions. Book a FREE solution demo to learn how we can help you.
Business Benefits of Visual Merchandising Analytics:
- Personalize in-store experiences
- Unravel cross-merchandising opportunities
- Capitalize on new upselling opportunities
- Request more information to gain comprehensive insights into the benefits of merchandising analytics.
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit: https://www.quantzig.com/request-for-proposal
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