Catalog Merchandising: Five Steps for Easy Square Inch Analysis, part 1 of 2
Because catalog space costs you money, you need to know which products are paying a return on investment and those that aren’t. However, square inch (squinch) analysis can be used to determine the relative strength of your customers’ demand for each and every product.
This invaluable information then is used to make decisions about the catalog, such as featuring high-demand products and eliminating those with little or no demand. More importantly, however, squinch analysis provides a guide for correcting marginal items and shows you how to make them winners. The result is often an increase in total sales per catalog –- not just products featured. By featuring the products your customers are most interested in, you make the entire catalog more attractive.
- Companies:
- LCH Direct
- People:
- Bill Licata