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Indian Journal of Marketing

ISSN: 0973-8703 Frequency: Monthly Peer Review: Double-blind Published since: 1968 Language: English
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Original Article

Open Access Original Article

Will Mobile Application Technology Help Retail Merchandising ? Breakthrough Innovation by FMCG Companies

Shilpa Sarvani Ravi1Shikha Bhagat2

1 Research Scholar, GITAM (Deemed to be University), Endada Rushikonda Rd, Rushikonda, Visakhapatnam - 530 045, Andhra Pradesh

2 Assistant Professor, School of Business and Management, Bannarghatta Road Campus, Christ (Deemed to be University), Bannerghatta Main Rd, Pai Layput, Hulimavu, Bengaluru - 560 076, Karnataka

Volume 50
Issue 12
Pages 24–39
Year 2020
Received: Jan. 9, 2020 Accepted: July 7, 2020 Published: Dec. 31, 2020
Abstract

For the retail business to run successfully and to improve sales, the critical component is to display its products and services in a visually appealing manner. Retail merchandising assists the retailers to attract shoppers and influence their purchase. Often, the merchandising updates are not escalated up the hierarchy ladder as they are much dynamic and spontaneous in nature. Top manufacturing FMCG companies like HUL, ITC, etc. took up this challenge of modern trade merchandising by maintaining manpower in organized retail stores to tap the cutting edge of competitive advantage. The key challenges of these merchandisers include – maintaining overall shelf health, frequency and consistency of restocking, tracking the competition actions in the store, eliminating the conflicting signages, remove broken displays, and display compliances. These FMCG companies have adopted a breakthrough innovation of mobile applications to overcome these challenges. This study is novel and investigated the sales performance improvement through mobile application technology. The research was conducted in two parts. Part 1 included structural interviews (one-on-one) with retail store managers and FMCG sales representatives. The results disclosed eight major attributes as store trend, competition update, personnel management, stock availability, demand creation, in-store visibility, new products launch and promo packs, and share of shelf to improve sales performance. Part 2 examined the significance of these eight factors through quantitative study by considering FMCG merchandisers as respondents. The study identified that competition update, stock availability, personnel management, in-store visibility, and share of shelf were significant factors that impacted sales performance in retail merchandising by utilizing mobile technology applications.

Keywords Retail Merchandising Mobile Technology Application Merchandisers FMCG Companies
How to Cite

Shilpa Sarvani Ravi, Shikha Bhagat (2020). Will Mobile Application Technology Help Retail Merchandising ? Breakthrough Innovation by FMCG Companies. Indian Journal of Marketing, 50(12), 24–39. https://doi.org/10.17010/ijom/2020/v50/i12/156307

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