Introducing GrowthAi: Revolutionizing Merchandising Compliance with Comprehensive Reporting

In the fast-paced world of retail, maintaining merchandising compliance across thousands of stores can be a daunting task. Enter GrowthAi, the revolutionary application designed to streamline this process through robust reporting capabilities. From stock levels to sales performance, and competitor benchmarking to product promotion tracking, GrowthAi offers a suite of reports that provide invaluable insights for businesses. Let’s delve into the key reports available and their advantages for our clients.

• Stock Report: Enhancing Stock Management Efficiency: Imagine having 1,000 stores and being able to analyze the stock report of each one with just a single click. With GrowthAi, you can do just that. The Stock Report provides a detailed quantity and value-wise SKU report for every store. Additionally, it includes the MBQ (Minimum Basis Quantity) report, which helps identify gaps in stock levels, ensuring timely replenishment and reducing out-of-stock situations. Furthermore, this report highlights near-expiry products three to four months before expiration, allowing for proactive measures to reduce RTV (Return to Vendor).

• Sales Report: Understanding Sales Performance: The Sales Report in GrowthAi is designed to give a comprehensive overview of sales performance. By analyzing sales data by quantity and value, businesses can identify top-performing stores and promoters on a national scale. This report provides clarity on which stores are driving sales and which promoters are excelling, enabling businesses to optimize their sales strategies and reward top performers.

• Competitors Benchmarking: Staying Ahead of the Competition: Keeping an eye on the competition is crucial in retail. GrowthAi’s Competitors Benchmarking report allows clients to track the market performance of competitor brands. Daily updates on competitor product selling prices, MRP, offer types, and share of shelf provide a competitive edge. Customizable reports offer further insights into competitor strategies, helping businesses adapt and stay ahead in the market.

• Sampling Report: Gaining Customer Insights: Sampling is an effective way to introduce new products to customers. With GrowthAi’s Sampling Report, businesses can track detailed data on every customer who samples their products. This includes customer demographics, taste feedback, packaging feedback, and other customized reports. These insights help businesses refine their products and marketing strategies based on direct customer feedback.

• Share of Shelf: Maximizing Shelf Space Visibility: In retail, visibility is key—"Jo dikhta hai, woh bikta hai" (What is visible, sells). The Share of Shelf (SOS) report helps businesses understand the primary shelf space availability for their products in each store. By analyzing SOS data, businesses can drive sales and enhance visibility in the primary category of each store, ensuring their products are always in the spotlight.

• Product Promotion Report: Ensuring Effective Promotions: Effective product promotions can significantly boost sales, but they need to be monitored closely. The Product Promotion Report in GrowthAi allows businesses to analyze daily active or inactive product promotions across retail stores in India. This report helps proactively resolve or avoid issues like "offer active lower than alignment," "offers not active even after category approval," and "stores not receiving intimation of offers." The major benefit is the ability to activate product promotions for selected periods and escalate actual market drive reports, ensuring seamless and effective promotions.

Conclusion

GrowthAi’s comprehensive reporting capabilities transform how businesses manage merchandising compliance. By providing detailed insights into stock levels, sales performance, competitor strategies, customer feedback, shelf space visibility, and promotion effectiveness, GrowthAi empowers businesses to make informed decisions and drive growth. Experience the future of retail compliance management with GrowthAi.