Retailers have to contend with a finite resource: their shelf space.
Knowing where to place each product and how much shelf space to give them is one of the greatest challenges facing retailers, but also one of the greatest sources of potentialrevenue gain.
Retailers can’t optimize the use of their shelf space without knowing where their products actually are in the store.
Attempting to solve this problem, retailers are resorting to planograms: aspirational maps of how products should be placed in their stores. However, planogram compliance is costly, difficult, and has its own inherent drawbacks: No two stores are alike, and one size does not fit all.
02 / Product Mapping
Cactus AI, powered by the posemesh enables the effortless capture of true product locations, making them instantly searchable and accessible to analytics and AI. Retailers get better quality data about their shelves for a fraction of the cost of enforcing planogram compliance, while radically improving the knowledge base and efficiency of their staff.
From the moment that you’ve mapped the location of a product it becomes instantly searchable by your staff. Never fail to help a customer again. Research indicates that 6% of baskets, would contain another item if staff members knew the product’s accurate placement.
With global staff turnover being as high as 75% annually, we make it possible for even first day staffers to be domain experts.
Watch the video: Product mapping with Cactus AI for Retail
03 / Case study at COOP Stora Visby
Using the Cactus AI spatial task manager retail staff members can communicate more effectively than ever about issues arising on the shop floor.
Placing digital information in physical space allows for asynchronous communication, time savings and increased productivity.
With digital assistance, cognitively impaired staff operate at the level of their peers when assisted by our task manager.
Watch the video: Case study at COOP Stora Visby
This solution is made possible through collaborative spatial computing running on the posemesh - the world's first decentralized machine perception network.
Learn more about Cactus AI application powered by the posemesh for iOS and Android in the product feature deep dive.
