Category: Sale Analysis

Why You Should Pay Attention To The Management Of The Point Of Sale

Do you want to get more growth in your sector or open your way in new markets? One of the keys is to analyze very well how the purchasing processes work at the point of sale.

Competition makes markets increasingly complex, so it is necessary to change dynamically with them and be attentive to new business opportunities.

Administration tasks often prevent us from seeing the current reality of the sector and do not allow the correct productivity of the model, so it is necessary to outsource certain tasks so as not to slow down the growth that leads to success.

The best business idea or the best product does not get anywhere without a good plan adapted to the company’s sales points. Optimizing the means through which the product or service reaches the customer is usually the difference between achieving the objectives and wasting resources without obtaining results.

Point of sale analysis

Choosing the point of sale is a task that should not be left to chance, since the success of a company depends for the most part on it.

Important aspects such as location, construction, decoration, lighting, accesses or schedules must be taken into account, among a large list of small details that add productivity and profitability to the activity.

Do not forget that the target audience is the one who determines the structure and operation of the point of sale. The more pleased they feel in it and the more facilities they get, the closer you will be to completing the sale.

Competition is another factor to take into account when developing the strategy. It is mandatory to know how the equivalent companies in your sector do things, to know what to replicate and what to improve . It is the best opportunity to add value to your activity and to innovate in it.

Finally, it is necessary to carefully study the location that the establishment will have, since elements as apparently insignificant as a nearby work or access limitations caused by municipal events, can cause a reduction in sales and a low level of customer satisfaction who want to visit your place.

The buying process

You cannot optimize a point of sale without knowing and mastering the phases of the purchasing process. As we have already commented in other publications, this process goes through 4 different states that are called AIDA, which stands for  Attention, Interest, Desire and Action .

Following these steps, depending on the personality of each one and the circumstances that surround him, the user can have several types of behavior that define the different types of purchase: impulsive purchase and rational purchase . To achieve the objectives, the point of sale has to be adapted to both types of behavior.

Although it seems extreme, even the product must meet certain requirements established by the point of sale. In other words, it is not only the product to be sold that defines how the point of sale should be, the business opportunities that arise in the latter must also be able to modify the product to improve results.

What is clear is that it is not an easy task to develop effective and efficient points of sale, and for this you must know the sector a lot, you must know the potential customer a lot and you must have a lot of commercial experience .

If you don’t do all of the above, don’t make the mistake of wasting money trying to make disorganized decisions. Relying on experts guarantees to improve the management of the point of sale and to find solutions to obtain greater growth in the sector or to break into new market niches.

Categories: Sale Analysis