Ask any retailer the definition of a great look. The answer would be a full product presentation with no part of the display showing! I would say the above with some display showing to border or frame the product.Granted if you sell out of an item and the store staff are too slow to fill the goods back in, then the exposed display does look better then conventional slotwall or pegboard.Just remember that slotwall works well in aligning product in the horizontal direction. However the downside of slotwall is the strict dimensions in the vertical position. If you product package hanging on the peghook is in multiples of 2.75″ on a 3″ on center slotwall spacing life is beautiful If the package is over that dimension, the end result is you have to skip a row when placing the item one over the other. When you calculate the lost area due to the spacing it could result in $100 per sq. ft. loss in sales productivity. Multiply that loss over an entire store of slotwall and it isnt a pretty story.
Remember form follows function and if the product and packaging works to the slotwall strict rules that is a good solution. If not, you are penny wise and pound foolish
Archive for June, 2010
Product verses Display, who should win?
Friday, June 18th, 2010Looks like a duck, sounds like a duck, must be the perfect display
Sunday, June 13th, 2010
So I was saying based on the images in this blog of wire bins. This concept of display is perfect for the category of goods it is showing. In the case of Walmart, Target or CVS the savings to the chain can exceed $100000 a year based on just the 9 bins shown in this photo.A wise retailer once explained the basis for this claim is that the only way retailers can make money theses days is to cut overhead. Almost any product is so well shopped including imports from China that the difference of an item from chain to chain is negligible. Therefore the gross profit is the lowest it can be and the only way to make money is to handle the product more efficiently.If the bin was not used and a shelf was the alternate solution, I estimate the following savings:at $10.00/hr labor rate, and 3 minutes more to load product onto a shelf per section, times 10 reloadings of product per item over a year equals $4.80 per item. 9 Items shown in photo times 2500 stores comes to $108000 in labor saved.Design is a business decision first and an esthetic consideration after. Look at the whole picture before landing on what you consider the best display solution.