ShelfPerks Store Operating System makes a huge difference in the success of running a Grocery Store
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ShelfPerks is the only store operating system that gets you going from day one. It runs on any device such as tablet, laptop, PC and Smartphone. With ShelfPerks you can transform your store operations in no time, with less efforts.
Being an easy-to-use solution, your employees will streamline most of their workflows, automate tasks and monitor reports anytime anywhere intuitively.
The essential parameters a Grocery Store owner needs for achieving growth in walk-ins, sales and loyal customers are:
Average Transaction Value: Calculated by dividing the total sales revenue by the number of transactions, this metric reflects the average amount customers spend on each visit. An increasing average transaction value indicates that customers are purchasing more per visit.
Inventory Turnover: This metric measures how quickly a store sells its inventory and restocks it. A high inventory turnover suggests efficient stock management and responsiveness to customer demand.
Operational Efficiency: Tracking metrics related to inventory management, supply chain efficiency, and staff productivity can provide insights into how well the store is managed and operated.
Community Engagement: A successful grocery store often engages with the local community through events, partnerships, and charitable initiatives. Positive community relationships can contribute to its overall success.
ShelfPerks has all the features and process that helps the store owner excel in these parameters.
Achieving higher average transaction value:
A Robust CRM capability is the foundational feature that helps a store owner to plan and work towards achieving a higher average transaction value.
With ShelfPerks you can find the quick selling, regularly purchase items, and use the inventory (hyperlinked to our inventory feature page) management system features to create attractive product bundles.
You can also a sense of urgency by creating promotions. ShelfPerks has the feature that lets you run volume discounts, flash sales, weekend deals, or seasonal discounts can encourage customers to buy more during their visit.
Optimize inventory turnover:
To optimize inventory turnover, you need an inventory management solution that comes integrated with checkout, vendor management and expense reporting. In an integrated system, the inventory gets updated real time with every sale and simultaneously alerts for stock availability at the shelf and at the back of the store.
Since the objective is to have the right volume and mix of products in your store, an automated inventory solution such as the one in ShelfPerks can be set to trigger purchases from vendors when the quantity at the store falls below a certain threshold.
This means you don't have to guess how much you need to stock, eliminating excess stock and reducing the time taken to replenish. As a store owner, you can easily practice “Just-in-time” inventory strategy and improve supplier collaboration.
Improve operational efficiency
The three factors that influence the operational efficiency of a store are:
Number of tasks involved.
Number of people involved in performing the tasks.
The accuracy of information used to decide and the time it takes to get the information.
With ShelfPerks Store Operating system, you can automate almost every task need to successfully run the store. From payments to role management, monitoring expenses to checking inventory and collaborating with vendors, the number of tasks involved can be put in place without compromising on the cost or time taken for executing it.
Such a solution also helps the employees to spend more time with customers or lets them do the task they have hired to do. So, the store can run at peak efficiency with as little employees as possible.
The real time dashboard gives accurate information on all the crucial data so that there is not time spent in collecting the information or checking for errors. Some store owners say that, by using ShelfPerks they save up to 48 hours in making reports on sales, inventory, and expense. With accurate data made available in a click, store owners and employees can make quick decisions and not face any repercussions.
Building Community Engagement
Localized promotions, product bundling, seasonal gift cards and special inventory enable a store to connect with its community and build relevance. When a store consistently runs these practices, the store becomes and natural extension of day-to-day life of the community it serves. ShelfPerks comes with built in features to run these promotions, issue gift cards, create product bundles or set up SKUs that are relevant to the market. This makes it easy and encouraging to follow these practices consistently.
Offline & Online Ready
Seamlessly take your store online while excelling in your physical store. With ShelfPerks, you can effortlessly launch your online store while maintaining a unified back-office system with your physical store. Simplify inventory management, supplier relationships, and promotions, and access crucial reports for both your online and offline outlets. Empower your store to thrive in an omnichannel environment, meeting customers where they shop, whether it's on your website, through social selling, or online marketplace.
In essence, ShelfPerks helps grocery stores optimize their operations, improve customer satisfaction, and increase profitability by providing tools to manage various aspects of the business efficiently.