• How To Maintain Display Compliance In Your Stores

    If you’ve looked up at our previous blog over here, you would remember how we said and even proved that display compliance plays a major role in enhancing a product’s sales or a company’s limited promotions when it enters into the market. However, we also defined how lack of a certain Store Level Analysis (SLA) rate could’ve vacuumed the positive scenarios that one had planned out from the display compliance strategy. Moving further into this blog you will get to understand how SLAs can be implemented and checked on a regular basis to help you understand the ground reality of sales occurring in every franchise you own as a marketeer/businessman.

    Image for post

    To heat up your memory, Display Compliance is a strategy that a firm/store either uses, or gets requested to use the promotional displaying standouts and visual advertisements by the product’s companies in order to run a promotion for a new product or an ongoing product line’s sale. This has been a significant role model in bringing up new frontiers to the sales industry, yet there’s an insignificant catch to it.

    Image for post

    Modern Display Compliances’ reach across 40% of the average and random set of stores shortlisted to display is unanimously detached because 40% of the selected stores don’t even get the promotional clauses, decorative, and all the compliances they were promised to get as a part of the campaign.

    The main thing that slacks, in this case, is that the investors and the companies are unaware of these incidents. They can purely be accidental as well, but in the end, the loss is still incurred. To prevent this, SLAs can play a major role:

    · Addition of SKUs:

    Stock Keeping Units — or simply SKUs, are the technological division of the scheme where the stocks present under the particular compliance section is scanned. They are scanned for the total tally of items, how many items were sold, how far does the DC works in comparison to the SLA, and so on. This is an integral part of the Display Compliance work in any store and makes sure that every store has a perfect offer to display for the customers to consider the promotions.


    · Image Recognition Methods:

    Along with SKUs, our software at Xtract also avails the usage of a special program called the Image Recognition Model (or simply IRC Model). This process works in a few steps:

    1. The cameras of the store are integrated with the software that regularly checks for the changes that occur on the shelves of that store. In case of privacy, a handheld app is given for you to check onto the stocks on the shelves using the camera in your smartphones.

    Image for post

    2. The IRC model is trained with the images of thousands of products from top-tier companies in order to easily recognize the products once the photo is taken.

    Image for post

    3. The IRC model will also recognize whether the Display Compliances that were planned to commence at the particular time period have commenced or not.

    4. The model is also trained accordingly to check the product count under the particular promoted sections of the store as well.

    Image for post

    Image for post

    5. If the model finds that the display compliance is either not applied or hasn’t even reached, then it shares the info to the main database.

    In such cases, the SLAs are calculated regularly and accurately, thus not letting the revenue spent on the DCs going to waste. In Xtract, we keep our head in the game of on-spot servicing and not delaying the process furthermore.

    · OOS Alerts:

    Image for post

    Out-Of-Stock (or simply OOS) alerts are mandatory in every way for a retailer to convey the message of new set of purchases to his supplier. Why not bridge the huge gap of first finding the stockage’s shortage, conveying it to the store manager, then the store manager making the call for supplies, and so on by simply letting the Xtract do the call for you in an instant.

    Image for post

    The IRC Models find the lack of any such items in the stack and directly updates it in the database of the supplier to make amends from his end. The delivery time is the only thing that has to be considered of after we’ve made the call-up process quicker.

    In each and every way, Xtract makes sure that the certain display compliance that is set to define new products in the market doesn’t lose back even an ounce of the profit that it could potentially make.

    To know further about Xtract, log on to Xplorazzi.com or follow one of our social handles — FaceBook, Instagram, and more!

    “We Xtract the greatness from the goodness!”

  • Display Compliance In Stores

  • Stay Cyber Secure

    Holidays is a time for giving (and buying), for sharing (and over-sharing), and when a lot of folks are traveling to see their families and friends but staying connected along the way.

    With all the bustle and busy-ness, some people might need a reminder about good habits for cybersecurity and online privacy.

    Whether you’re connecting with old friends on Facebook, hitting Amazon.com for some last-minute gifts, or keeping up with news while you’re away from home, security should be on your agenda.

    You may be taking time off for the holidays, but the cybercrooks, scammers, hackers and snoops are always out there, waiting to pounce.

    Even if you think you’ve never been hacked or that you’re not a target, think of the turkeys – they spend their whole lives fattening up with no idea what’s in store for them until the axe comes down on their necks!

    Continue reading...

  • Our community is flourishing!

    Since this site went online, we've connected with our community like never before! Let's look at how connecting socially to your community will empower your organization.

    Continue reading...

  • Community Portal Now Online!

    The community is now online! Check out all the amazing features.

  • Winter Update - Jan 2013

    In hac habitasse platea dictumst. Quisque porta cursus tincidunt. Pellentesque mollis molestie rutrum.

    Continue reading...

  • Blogs How-To

    This is a sample article on how to create blogs. The blogging functionality allows for multiple blogs in a single portal, with multiple authors per blog. This article is for illustration only.

    Continue reading...

  • Example Blog Post

    This is a sample blog post for illustration only.

    Continue reading...