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Retail

retail

Time is really money for retailers. Units sold are plotted against time. No product should sit long on the shelf for long or else it’s removed.

Any failure in continuously updating product and service assortments encourages consumers to seek alternatives.

Some retailers don’t differentiate their goods and services or private labels and lack adequate consumer insights and engagements. A majority almost exclusively depend on price-point as their sole competitive edge out of a wide arsenal of remarkable tools. Retailers that give consumers little to no incentives to pay price premiums and to have brand loyalty soon see their margins erode as online and brick-and-mortar competition intensifies.

How We Create Value in Retail

  1. Add value in key success areas such as assortment depth, range of products, in-store experience and merchandising, location and access, assortment renewal, and value-added services.
  2. Introduce differentiators that enable a retailer to collect price premiums.
  3. Create a valuable and meaningful customer experience.
  4. Propose more effective promotion and marketing campaigns.

Explore The Benefits

When you hire The Seven Wise Men to optimize your value creation process in the retail industry, you can expect benefits like:

  • Outstanding customer experience
  • Higher brand loyalty
  • Differentiated products and services
  • Increased market share
  • Higher sales turnover
  • More points of sale
  • Quicker order replenishment times
  • Higher return on marketing spend
  • Improved cash flows with shorter conversion cycles

Our team has been working with a wide spectrum of clients ranging from multinationals to top local large-surface retailers. Our experience spans a diverse range of sectors from foodstuffs, hypermarkets, apparel, to DIY and electronics to name a few. Whether you are a brick-and-mortar store chain, an e-commerce shop, or a hybrid retail platform, we can help you with creating high value.

Explore Our Services

The Seven Wise Men
Analysis & Planning

We get the facts, we study them patiently, we create wealth.

The Seven Wise Men
Execution of solutions

We implement solutions because visions and goals don’t go a long way without successful execution.

The Seven Wise Men
Added-value services

The Science and Art of providing interim management and raising funds.

Case Studies

Read about some of our work in the retail sector.