Best Retail Execution Software
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What is Retail Execution Software?
Retail execution software enables companies within the consumer packaged goods industry to plan, manage and optimize all their sales and in-store operations. Compare and read user reviews of the best Retail Execution software currently available using the table below. This list is updated regularly.
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1
Pepperi
Advantive
The #1 B2B sales platform for medium, large and enterprise consumer goods manufacturers and distributors. Pepperi is a comprehensive, unified commerce platform to manage all aspects of your B2B sales. We combine a B2B eCommerce storefront, sales rep app for mobile order-taking (iOS/Android), Trade Promotions module, Retail Execution, Route Accounting / DSD & Inside Sales - in ONE UNIFIED cloud-based platform that runs online and offline to maximize in-person and online B2B sales. Thanks to its proprietary IPaaS (Integration Platform as a Service), Pepperi syncs seamlessly to your existing tech stack such as ERPs, Accounting software, Payment and Shipping gateways. Pepperi is the ONLY purpose-built mobile solution on the market and currently serves over 1000 companies in 65 countries. -
2
SMS Storetraffic
SMS Storetraffic
Smart, efficient, and anonymous People Counters & Analytics for the real world. Our solution allows for simple deployment, capture, and analysis of the number of people that enter a physical location. Optionally we also capture and report occupancy in real-time. We help Retailers, Libraries, Casinos, Universities, Places of worship, Office buildings, and other industries to analyze and take action on their people traffic trend. For Retailers, we offer a specialized package to measure Performance on Traffic, including Conversion Rate and Service Levels. Combining POS data and staff data is easy with our direct integrations. Our Retail Equation simulator allows users to run simulations to plan sales improvement. It is also extremely beneficial as a learning tool to understand the relationship between traffic, staffing, conversion rate, and good quality service.Starting Price: $19.95 USD -
3
Quant
Quant Retail s.r.o.
Cloud solution for managing retail spaces, product categories, planograms and shelf labels. Thanks to the smart automatic generating of planograms optimized according to sales based on user-defined templates it is possible to maintain the planograms in up-to-date state also in large sales networks with diverse stores without increasing demands on human resources. Quant is a integrated solution for Space Planning, Category Management, planograms, ranging, Shelf Labels and POS printing, communication with stores and In-store Marketing. Quant Cloud has all the advantages of cloud computing. Work from all over the world on the same projects as your colleagues and use the same database on different computers. No need to build complex infrastructures and overload your IT department. Our consultants are available to help you when you need it. We train your users and help with data integration so Quant can be live in less than 12 weeks.Starting Price: €1200 / User / Year -
4
SimplyDepo
SimplyDepo
SimplyDepo is a cloud-based web and mobile solution that aims to digitize the wholesale industry for brands, distributors, wholesalers, and retailers. With its solid feature set, the platform saves time for wholesalers and retailers by eliminating time-consuming order forms, catalogs, email, phone, and fax. It offers a complete web solution that seamlessly lets brands, wholesalers, and distributors manage orders, products, promotions, customers, reps, and routes and get advanced analytics on top of all operational work. Additionally, its powerful mobile applications are convenient for writing orders, accessing catalogs, inventory, and order history on the go. Delivery managers can also use the platform to organize fulfillment and delivery. The vision for SimplyDepo is to be the leading platform for wholesale essentials.Starting Price: $99/month/user -
5
LEAFIO
LEAFIO
For more than 15 years, we've followed our passion for Bring Innovations Closer to Retailers. We help to earn more, make fewer mistakes and work more efficiently by using advanced software to streamline routine supply chain processes. We've helped more than 160 retail chains in 17 countries achieve efficiency. LEAFIO is designed to autonomously execute demand-driven replenishment in an environment of low predictability and constant change. Self-regulating algorithms guarantee sales, margin and turnover increase, inventories optimization, and time-saving due to demand satisfaction. Your trusted advisor in complex retail promotion planning, coordination, and execution. LEAFIO shelf space and planogram optimization module is a full-cycle macro and micro space management solution for retailers and CPG companies that enables automated planogram generation, execution control, and shelf space performance improvement. 100+ retail chains experience an inside-the-solution engine -
6
Vemcount Retail Analytics
Vemco Group
Vemco Group is an innovative software company with 18+ years of global retail experience in people counting and data analytics. The company offers its innovative software for people counting and data analytics on a global scale, empowering retail, malls, entertainment, airports, and public institutions with deep customer insights. Since 2005, our software platform, has utilizied the most accurate and reliable devices, driven savings, efficiency, and boosted conversions. With 1000+ global clients and 25M+ daily counts, we're a leading retail and data analytics company. Expansion includes offices in South America (2013), Dubai (2019), North America, Sweden, Australia (2021), and Riyadh (2023). HQ in Denmark.Starting Price: 14€ -
7
InfiViz
Infilect Technologies
InfiViz is a trusted retail visual intelligence partner for global CPG brands. By combining Image Recognition and AI, our platforms empower retail sales leaders and marketing teams with rich, detailed and accurate in-store execution insights to optimize retail execution, at scale and boost per-store sales by up to 4%. Get >95% accurate, actionable and real-time execution metrics to improve on-shelf SKU visibility, prevent Out-of-Stocks, and monitor store compliances across 400K + stores. We have scaled 400,000 stores across 16+ countries. Top CPG brands like P&G, Nestle, ABinBev and ITC-India today use InfiViz to Get precision SKU detection in both General and Modern trade stores. Empower field-force/salesmen/store owners with real-time insights and action plan to fix execution errors on the spot. Cover 10X more stores. Improve per-store sales by 2%-4%. Frequently monitor Store compliance. Optimize retailer and merchnadizer payouts -
8
Rallyware
Rallyware
Rallyware transforms every seller into a top performer with one platform personalizing smart to-dos, learning, and engagement activities – right in the flow of work. Rallyware makes the seller more proactive and engaged using of-the-moment activities tailored just for them, based on their goals, progress, and real-time company KPIs. Every activity on Rallyware’s handheld platform engages the seller while ramping up their sales productivity. Global retailers like Fleet Feet use Rallyware to drive sales +140%, while noted brands like Nike, Casio, and Tupperware trust this platform to be an AI copilot for their sellers, guiding them in everything from learning & development and onboarding to sales incentives. In addition to Rallyware’s highly personalized and gamified experience for sellers, leaders love the platform because it provides actionable intelligence on seller behaviors, reduces operational overhead, and generates measurable business outcomes with cutting-edge AIStarting Price: $60,000/year -
9
Repsly
Repsly
Repsly’s retail execution platform empowers CPG field teams to improve field sales performance, merchandising execution, and promotion compliance by connecting them with the data and tools they need to work more intelligently in their accounts. Repsly’s configurable platform equips field teams with solutions for scheduling, ordering, data collection, time and mileage tracking, sales performance reporting, and more. But what makes us truly unique is our approach to data: The Repsly platform combines data on shelf-level execution, team activity, and sales velocity to help field teams make smarter decisions that maximize their impact. Informed by over a decade of experience helping CPG teams drive smarter execution in the field, today Repsly users complete more than 5 million in-store activities every month in 80 countries around the world. -
10
Taqtics
Peachy Technologies Private Limited
Built for Multi-store RETAIL & RESTAURANT brands - Taqtics is a comprehensive store-operations management platform that helps brands ensure consistent and compliant store operations. Key Benefits - • Digitize, Streamline, and Automate: Improve productivity and communication. • Consistent Customer Experiences: Ensure a consistent look, feel and service. • Effective Operations Management: Manage day-to-day operations across multiple stores. All-in-One Software Solution - • Task & Checklist Management • Digital Audits & Reports • Issue Ticketing • Visual Merchandising Execution • Training & Assessments • Asset Management • Attendance Tracking • Live Chat • Noticeboard By partnering with Taqtics, retail & restaurant brands gain visibility & control over their daily store operations, enabling them to make better decisions, streamline processes, improve productivity, and ensure consistent store operations. -
11
Sterison Image Recognition
Sterison Technology
True shelf intelligence through AI-powered image recognition and planogram compliance. Image Recognition by Sterison provides you with more objective and better quality data. However, it is all about much more than time-saving improved data collection. This is just the beginning of the IR journey! -Our IR solution helps you better and quicker assess in-store execution to get a clear picture of the POS situation. -It then allows you to go beyond simple data collection and solve the problems effectively. It suggests the most appropriate on-site actions to your field teams to help them improve a shelf reality. -With Image Recognition by Sterision, you can give your commercial teams the visual tools to negotiate better agreements with their clients. You can boost sales, minimize risks of losses, anticipate problems and be much more proactive than ever.Starting Price: $0.005/Per image -
12
Zenput
Crunchtime
Multi-unit operators use Zenput to roll out and enforce compliance against operating procedures, food safety protocols, and other key initiatives. Automation gives field and store employees hours back each day, and execs know exactly what’s happening on the ground, from anywhere. For restaurant chains, consistently providing high-quality and safe customer experiences is difficult to achieve, especially across dozens, hundreds, or thousands of locations. And as new processes and initiatives are deployed, field and store teams must be equipped to adapt and do their jobs well. The world’s best restaurant chains use Zenput to ensure food safety and public health, maintain high brand standards, verify marketing and promotional compliance, and document human resources issues. Ensure that customers and employees are kept safe every time they come through the door by digitally tracking and automating safety protocols, such as general sanitation, employee wellness checks, and food safety. -
13
SimpliField
SimpliField
SimpliField is an all-in-one, fully integrated mobile platform for retail operations, communications, and advanced performance analytics. We open the door for real-time, end-to-end analysis and business process optimization in a way that's never been possible before. Today, over 130 leading international brands and retailers spanning 400K stores in 65 countries trust SimpliField to help them deliver on the promise of providing their customers and their teams with an excellent experience, every day and in every store. To learn more, visit simplifield.com.Starting Price: $30.00/month/user -
14
FORM MarketX
FORM.com
Sell more with FORM MarketX, the market execution app that guides, tracks, and improves performance in real-time. Create & assign dynamic tasks in a drag-and-drop builder. Guide task completion on mobile with context for teams. Gain actionable insights with real-time reporting. Schedule and send the right task to the right person at the right time—every time— using our no-code task builder. Choose from 12 task types, including image recognition, and use conditional logic to save teams time responding. Configure push notifications and alerts to track results and resolve issues in real-time. Assign photo tasks to your field sales teams and capture live images of execution from any location. See real-time execution of merchandising and SOPs with data and images geo-stamped by location, time, and user. View and export photos in PDF, Powerpoint, or shareable links for easy distribution.Starting Price: $25 per user per month -
15
Pazo
Pazo
Execution takes a backseat when your team is constantly juggling between WhatsApp, Email, and other apps for checklists, tickets, approvals, documents and what not! With Pazo, your frontline teams neither need to use multiple apps nor need to be reminded about what needs to be done. Field managers fill the process checklist at the specified time from the specified location. No more paperwork! Design complex processes & allow field teams to engage with HQ teams from their app itself. Area managers keep track of the field managers & stores while on the move! Fully customizable command center dashboards for HQ leadership team & periodic review meetings. Move out of WhatsApp! Built-in chat capability. Talk individually or make groups of relevant personnel. Coaching is un-ending. Constantly coach your field teams on ops know-how & evaluate them. Truly put field operations on autopilot. Timely triggers & alerts to everyone when something is non-compliant. -
16
ShelfWatch
ParallelDots
Real-time shelf monitoring insights for your perfect store. ShelfWatch effectively comprehends the environment in which SKUs are merchandised. It provides actionable insights and creates a virtuous feedback loop which helps CPG companies in their perfect store execution. Image Recognition technology increases sales force productivity, improves shelf condition insights, and helps drive incremental sales. ShelfWatch gives a complete picture of your perfect store execution by calculating different KPIs that can be customized as per requirement. ShelfWatch’s mobile app takes images to assimilate analysis on product placement and visibility on the shelf. It also provides smart features like blur detection and angle or eye-level alignment while taking images. Images can be clicked even in a no-internet zone without hindrance and can be uploaded once an internet connection is available. ShelfWatch easily integrates with multiple SFA and DMS apps.Starting Price: Free -
17
ThirdChannel
ThirdChannel
ThirdChannel is driven by passionate brand experts equipped with cloud-based technology. We empower retailers and brands with actionable data, attributable trust in their workforce, and a genuine competitive advantage. Manage and maintain insights from a single, organized platform. Our suite of intuitive retail solutions allows real-time visibility into each of your stores anywhere in the world no matter what time of the day. ThirdChannel offers distinct field force solutions specifically designed to provide you with up-to-the-minute, real-time visibility into all of your stores around the world all at once, from anywhere. Explore our data-driven resources, all designed to help your company thrive and see how we've supported leading brands and retailers in creating tailored retail execution solutions. Oversee, optimize, and direct your workforce from anywhere. Our intuitive solutions are designed to provide you with real-time visibility, everywhere work happens.Starting Price: Free -
18
Natural Insight
Natural Insight
Arm yourself with an easy-to-use, enterprise-class software that will help you scale and deliver perfect retail execution whether you have dozens of people in the field or several thousands. No development time, no on-premise installation. Our dedicated Professional Services team will assist you with configuration, on-boarding, and training so you can be up and running in just a few weeks. Take advantage of regular product updates at no additional cost so that you can bolster your execution efforts. Reduce dependencies between operations and IT. Focus your time on executing outstanding retail programs. Your dedicated account manager will be by your side to help you garner the most value from our software according to how your organization operates. -
19
1Channel
Channelplay
It’s a common practice for the major brands to spend a huge sum of money to ensure brand visibility in the retail. It can be in the form of operational execution such as campaign activation, visual merchandising, POSM deployment etc. or in the form of compliance agreement with retail chains in terms of shelf space, product visibility and listing order. 1Channel provides you an end to end solution to track and audit status of all such activities and generate useful reports to take preventive and corrective actions. -
20
Exceedra
Exceedra
Exceedra is the leading global enterprise solution for consumer goods companies worldwide. We are committed to helping businesses around the globe streamline and optimize their planning and insight capabilities in order to improve overall operations. For more than two decades, Exceedra has been delivering business value to CPG companies around the globe through the use of trade promotion management & integrated business planning software. We know that for an Integrated Business Planning and Demand Management system to be valuable, it must meet your requirements today, providing immediate benefits in capability, speed and efficiency in the planning and execution process. At Exceedra, we work closely with our CPG clients to deliver the right revenue management for today’s needs. Our modular approach gives you the ability to add more sophistication and capability as your organization evolves, supporting the key challenges in Trade Promotion Management & Optimization and more. -
21
WorkJam
WorkJam
ALIGN THE FRONTLINE. WorkJam is the leading Retail Task Management and Digital Workplace platform that built for the frontline. Trusted by iconic brands including Shell, Ulta Beauty, Couch Tard, Woolworths, TJX and more, WorkJam delivers all you need to align the frontline, and ensure your customers get the same experience location to location. Drive productivity, compliance, and retention with the one mobile app that delivers task management, location audits, communications, mobile learning, crowd staffing and more. Overcome language barriers. Save time and reduce miscommunication. WorkJam can automatically translate in-line communications into your employees’ preferred language. The WorkJam app is available in over 40 languages and countries. Retain customers & employees through an average 89% adoption rate and 410% Average ROI per a recent Forrester Report. -
22
Opmetrix
Opmetrix
CRM, Sales and Merchandising anytime, anywhere! SAP Business One provides the master data, pricing and inventory levels to ensure your sales force is current and up to the minute, when meeting customers out in the field. Utilize a wide variety of features to execute instore tasks. Including sales transactions, in-store surveys, objectives and CRM information including photos and call notes. Using Opmetrix sales reps can boost their sales and access have all the important information at their fingertips. Utilizing Opmetrix dashboards, management gain insights on sales activities, customer visits and performance trends. Opmetrix utilizes GPS tracking and geo-fencing to provide live reporting and activity feeds. This gives management full understanding on exactly what’s happening in the business. -
23
Wiser
Wiser Solutions
We believe that data needs to be actionable to be effective, so we’re building solutions that you can trust to increase your revenues and simplify your life. You don’t have the visibility required to accurately assess conditions, competitors, and the retail landscape, either in-store or online. Manual workflows and spreadsheets take a toll on resources, and you need automated solutions that enable you to act confidently. The threat of new competitors places greater pressure on your business to optimize your prices, your customers’ experiences, and much more. Do the marketing campaigns that you create get from the boardroom to the shelf? Whether you’re trying to beat the competition or launch a new product, is your brand positioned for the best chance of success? The support you need to craft effective pricing strategies. -
24
Bizom
Mobisy Technologies
Harness the power of Machine Learning algorithms from 5 Million+ outlets and amplify salesforce with suggested orders and industry trends in retail. Maximise RoI on trade promotion spends by increasing efficacy of retail merchandising and BTL activities, using image recognition-based visibility at retail outlets. Build retailer relationships with target marketing-based promotional offers. Monitor competitor activity & buyer behaviour at your fingertips with real-time in-store data. Measure brand visibility at all retail touchpoints using Bizom’s AI. Our customer faced leakage in variable discounts offered through channel partner networks in one of their emerging markets. By enabling visibility on benefit transfer, we helped to drive growth in these markets. Enable direct communication and self-orders with your Retail outlets. By reducing tasks such as order-taking and regular market visits, Bizom Retailer App helps your sales team to focus on a more consultative sales approach. -
25
RELEX
RELEX Solutions
Stay competitive by improving your operational autonomy through data-driven, algorithmic processes. Retailers who automate large amounts of routine calculations free their planners to tackle higher-value challenges. And when those planners work in a software that lets them innovate quickly and proactively, your business stays adaptive and resilient in a world of constant change. The Living Retail Platform enables you to optimize your retail operations for every future — not just the one you’ve planned for. -
26
DotActiv
DotActiv
Looking for category management software that allows you to maximize the selling potential of your shelf space? Software that can help you grow your business? After booking your free online exploratory consultation, you can expect us to research and evaluate your unique context. We’ll create a personalized agenda to match your business’ interests, category management goals and context. We’ll reach out to you before your consultation to share your personalized agenda. You’re welcome to request any changes or additional points. We’ll consult with our internal experts to curate and customize conversation points, content, and the presentation so that it’s in line with your personalized agenda. Depending on the outcome of our consultation, we’ll schedule a separate custom advisory consultation to share our proposed recommendations with you.Starting Price: $70 per month -
27
ZetesAthena
Zetes
In-store solution to improve your retail business By making a few simple changes you can significantly improve your store processes and on-shelf availability. Our in-store solution ZetesAthena allows you to manage key tasks and processes efficiently so your stores run more smoothly and your customers are happy. User-friendly in-store solution When you use ZetesAthena your store associates will be equipped with a mobile device that gives them real-time information and alerts. A full product inventory will be at workers’ fingertips so they don’t keep customers waiting and risk losing sales. This in-store solution helps with a variety tasks from goods receiving and inventory management right through to omni-channel order fulfillment. -
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Retail Task Management. Q-nomy’s Retail Task Management software is a central server solution that helps prioritize the sales efforts of roaming agents on the store floor, by assigning them tasks triggered by customer activity. The system also uses such triggers to manage and optimize the content of in-store media channels, such as digital signage and print, to enhance customer experience and personalize marketing campaigns. Benefits of Solution. Increase roaming agents' efficiency. Identify high-value prospects in the store. Increase sales by directing agents to valuable prospects and improving agents' effectiveness at the point of sale. Orchestrating processes across multiple information systems using task-management tools, streamlining workflow, enforcing business rules and ensuring unresolved cases are not forgotten.
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29
IWD Platform
IWD
Create visual merchandising guidelines online in 2D & 3D quickly and easily, save them to your brand book, and send them automatically throughout your distribution network. Seamlessly collaborate between your head office and the field. Ensure stores appear and perform the way you intend them to. Analyze integrated data to enhance retail operations, optimize store performances, and plan for your next merchandising cycle. Create planograms with standard 2D linear shelving, complex fashion or makeup stands with fully modeled 3D stores. All brand assets are available and personalized according to markets and store configurations. No matter what industry you’re in: luxury, accessories, shoes, food & beverage, and more, IWD adapts to you. -
30
Movista
Movista
Movista’s smart retail execution software is transforming how work gets done in stores. We help improve the operations process, and workforce management, giving you visibility and clear communication with your teams… ensuring flawless in-store execution and performance. Movista brings together retail execution, collaboration and workforce management into a single platform. Accessible from anywhere you are, Movista bridges the gap between dispersed and centralized teams. Now, core functions such as scheduling, task management, and communications are handled seamlessly and intelligently. Allowing all work to flow easily and all teams to work efficiently.
Guide to Retail Execution Software
Retail Execution Software is a type of software designed to improve the efficiency and effectiveness of merchandising operations in retail stores. This type of software provides detailed analytics on store performance, product availability, customer preferences, and other key metrics. It also helps ensure that stores are properly stocked with the right products at the right time to maximize potential sales opportunities. Additionally, retail execution software can manage complex tasks such as shelf replenishment and pricing optimization. In addition to streamlining operational processes, these systems can help retailers optimize their supply chain by providing visibility into inventory levels across locations.
At its core, retail execution software is a powerful tool for improving customer experiences in-store. It enables store personnel to place items on shelves efficiently, eliminating labor costs and enabling products to be delivered quickly when needed. With up-to-date analytics on customer preferences and feedback from customers, stores can adjust their product mix accordingly or prioritize certain items for promotion in order to better meet customer needs.
In addition to streamlining day-to-day operations, many modern retail execution software solutions offer an array of advanced features such as task automation and push notifications regarding past due tasks or new inventory arrivals – helping teams stay organized while reducing manual errors associated with manual data entry. Furthermore, they provide an opportunity for retailers to keep tabs on competitors’ prices and promotions so they can make informed decisions about pricing strategies that will benefit both customers and store owners alike.
Finally, these systems give store personnel valuable insights into how products are selling in individual locations so they can adjust orders accordingly or recommend different items based on demand – ultimately increasing overall sales performance while creating an exceptional shopping experience for all customers visiting the store.
Retail Execution Software Features
- Inventory Management: Retail execution software provides an automated and unified way to manage inventory levels, including the ability to monitor and track inventory across multiple outlets or sale channels. It also allows for easy creation of purchase orders and product transfers, giving retailers greater control over their stock.
- Point-of-Sale (POS) Processing: This feature streamlines the checkout process by automating payment transactions and order processing. Retailers can also program sales tax into their POS system, reducing manual input and improving accuracy.
- Promotions & Discounts: Retail execution software allows for easy tracking of discounts, coupons, loyalty programs, and other promotions in both online and in-store settings. This helps retailers better manage their promotional offers while providing a great shopping experience for customers.
- Store Audits & Merchandising: This feature makes it simple to conduct audits of store shelves and set up merchandising plans that meet standards set by management. It also makes it easier to identify out-of-stock items, ensure that products are displayed properly, update pricing information quickly and accurately, collect data from employees about store conditions, and more.
- Reporting & Analytics: With retail execution software, retailers can access real-time insights into store operations as well as customer behaviors through detailed reports powered by powerful analytics tools. These help businesses measure performance indicators such as sales volume over time or customer preferences at each location so they can make informed decisions on how best to optimize operations down the line.
- Employee Management: This feature simplifies the management of employee schedules and roles. Retail execution software also features a range of tools for tracking time, attendance, and other related activities in order to ensure maximum efficiency across store operations.
What Types of Retail Execution Software Are There?
- Point of Sale (POS) Software: This type of retail execution software enables retailers to process orders and payments at the point of sale. It also facilitates data collection, inventory tracking, and customer loyalty programs.
- eCommerce Platforms: These platforms provide an online store for businesses to sell products and services directly to their customers without a physical storefront. They typically include features such as shopping carts, payment processing, product management tools, search engine optimization, and more.
- Order Management Systems: These systems help retailers manage orders from multiple channels in one centralized system. They can be used to track inventory levels across different locations, automate order fulfillment processes, and generate reports about sales performance.
- Merchandising Solutions: Merchandising solutions allow businesses to plan and optimize their product displays in physical stores in order to capture customer attention and drive sales conversions. This type of software often includes features such as automated pricing updates, promotional campaigns management, and real-time reporting on store performance.
- Customer Relationship Management (CRM) Software: CRM software helps retailers build relationships with their customers by gathering data on purchasing habits and preferences as well as interactions with customer service teams or marketing materials. It is used to segment customers into targeted groups according to their profiles in order to customize offers or personalized experiences that maximize engagement levels with potential buyers.
- Supply Chain Management Software: This type of software allows retailers to manage the flow of their products between suppliers and customers. It includes features such as inventory management, order fulfillment tracking, and shipping cost optimization.
- Retail Analytics Software: Retail analytics software helps businesses analyze customer data in order to gain insights that can be used to inform decisions about pricing, product assortments, promotions, and more. It often includes reporting tools designed to measure marketing campaigns performance or sales trends over time.
Retail Execution Software Benefits
- Increased Efficiency: Retail execution software helps companies streamline their operations and optimize their sales processes for better results. By automating tedious, time-consuming tasks such as order entry, reporting, and tracking retail compliance, the software simplifies the process of gathering data, making it easier to analyze patterns and trends. This makes it easier to make informed decisions about products and pricing strategies.
- Improved Visibility: Retail execution software provides visibility into all aspects of a company’s sales operations. It can track sales performance across multiple stores, product categories, and regions so that managers are aware of any issues or opportunities that need to be addressed. The data gathered through the software can also help identify which marketing efforts are working best so that a company's ROI can be maximized.
- Enhanced Performance Measurement: With retail execution software in place, companies are able to measure performance more accurately than ever before. The system tracks store-by-store performance metrics such as conversion rates, average order size, turns per SKU and other key figures so that managers have a full picture of how their business is performing on an individual and collective basis. This data can then be used to fine-tune operations for greater efficiency and profitability.
- Streamlined Compliance Monitoring: Retail execution software makes it easy to monitor compliance in different store locations so that companies can ensure they are meeting regulations set forth by governing bodies or corporate standards. The system is capable of automatically logging compliance information including shelf pricing and labeling accuracy for each store location which saves time and helps maintain consistency across multiple channels.
What Types of Users Use Retail Execution Software?
- Retailers: Companies that use retail execution software are typically retailers, such as department stores, specialty stores, and pharmacies. These companies use the software to track product sales and inventory levels.
- Manufacturers & Distributors: Manufacturers of products often utilize retail execution software to manage their distribution networks and ensure that products get delivered on time to their retailers’ customers. Distributors can also benefit from the tracking capabilities of retail execution software, as they are often responsible for ensuring that goods make it from the manufacturer to the retailer in a timely manner.
- Suppliers: Suppliers use retail execution software to track their shipments of raw materials or components used in manufacturing processes. They also use the software to keep an eye on purchasing orders and shipments sent out of their facilities so they can be sure those orders have been fulfilled correctly.
- Market Research Firms: Market research firms may find value in using retail execution software for gathering data about customer buying behavior and sales trends at various retailers. This information helps them determine product demand in different markets or regions so they can adjust product offerings or recommend changes in pricing accordingly.
- Analysts/Consultants: Analysts and consultants who specialize in helping companies with decision-making processes related to marketing, product launches, promotions, etc., may benefit from utilizing retail execution software to gain insights into customer purchasing habits at various stores or locations. This information can be invaluable when strategizing a successful launch plan for a new product line or analyzing customer segmentation for targeted promotion efforts.
- Retail Employees: Retail employees may want to use retail execution software in order to stay organized and easily track customer orders, inventory levels, and sales figures. It can also help them with their daily responsibilities by providing fast access to pertinent information they might need while working with customers, such as current product availability or pricing.
How Much Does Retail Execution Software Cost?
The cost for retail execution software can vary greatly depending on a variety of factors including the size of your business, number of users, and features. Generally, solutions range from free or low cost for a small business to higher cost solutions for larger enterprises with more complex needs.
In general, entry-level software designed for one user can cost as little as a few hundred dollars per year or up to several thousand dollars annually depending on the features offered. More comprehensive enterprise solutions typically start at around five thousand dollars per year and can run into the tens of thousands depending on the specific functionality and scale you require.
Furthermore, if you choose an enterprise solution with customization options, you may have additional setup costs. Other expenses such as support fees, training costs and data migration services may also be applicable when implementing retail execution software into your business. Ultimately, the cost will depend upon your particular needs and budget. It's important to research and compare different solutions before making a decision.
What Software Can Integrate with Retail Execution Software?
Retail execution software can be integrated with a variety of different types of software, including eCommerce platforms, inventory management systems, enterprise resource planning (ERP) systems, Store Operations Management (SOM) solutions, Point-of-Sale (POS) systems, customer relationship management (CRM) solutions, warehouse management systems (WMS), supply chain execution software and analytics tools. These integrations help retailers to optimize their operations by providing them with data-driven insights into customer behavior and preferences. By linking these different types of software together, retailers can gain real-time visibility into the entire retail process from order placement to product delivery. This helps them to make informed decisions that improve operational efficiency as well as customer experience.
Retail Execution Software Trends
- Retail execution software is becoming increasingly automated, allowing retailers to execute tasks more efficiently. This automation helps to streamline processes and improve accuracy while reducing costs.
- Many retail execution software solutions are now cloud-based, enabling retailers to access their data and insights from any device. Cloud-based solutions offer scalability and flexibility for retailers of all sizes.
- Retail execution software can track and analyze data in real time, giving retailers the ability to make informed decisions quickly. This helps them better understand what customers need and how best to meet their demands.
- Retail execution software also offers enhanced data visualization capabilities, which make it easier for retailers to identify trends and patterns in their data. This allows them to make more informed decisions about product placement and promotional strategies.
- AI integration with retail execution software is becoming more common, allowing the system to identify potential issues or opportunities before they arise. This can help retailers save time and money by proactively addressing problems before they become major issues.
- Retail execution software is also becoming increasingly mobile, which allows retailers to manage their business from any location. This helps them stay ahead of the competition and respond to customer needs quickly.
How to Select the Right Retail Execution Software
Utilize the tools given on this page to examine retail execution software in terms of price, features, integrations, user reviews, and more.
Selecting the right retail execution software for your business is an important decision. Here are some tips to help you choose the best option:
- Know Your Needs: Before selecting any retail execution software, it’s important to have a clear understanding of your needs and goals. Ask yourself what challenges your business currently faces, such as managing inventory or tracking sales trends. Once you know what you need the software to do, you can narrow down your options more effectively.
- Compare Options: Take time to research different software solutions available and compare their features, pricing plans, customer service offerings and reviews from other customers. This will give you a better understanding of the pros and cons of each option so that you can make an informed decision about which one is best for your business.
- Test First: Many software companies offer free trials or demos so you can try out a solution before making a purchase commitment. Take advantage of these opportunities to ensure that the system meets all of your needs and functions properly with existing systems in place at your company.
- Get Feedback: Reach out to other businesses in the industry for their insights into specific retail execution software solutions they may have used or are using now. Their feedback can be invaluable in helping you decide which solution is most appropriate for your business’s needs and budget constraints.
By following these steps, you should be able to find the right retail execution software for your business.