Customer's buy meal solutions not items.
Merchants intuitively know the concept of Halo or associated sales.
They know that if they put hotdogs on sale then buns, relish and onion sales will go up and sales of hamburger patties will be cannibalized. Today, leading retailers are purposefully planning for the Halo and realizing substantial business success.
Daisy’s team of computational scientists, mathematicians and retail experts use AI to consider billions of item and price combinations, automating the whole process and delivering impressive business results.
The following core retail challenges can be overcome using halo merchandising:
- Minimize stock out losses, excess inventory and shrink overcoming the post-pandemic challenges to forecasting.
- Ensure you have the right product solutions in your assortment to meet your customer needs.
- Choose the right item and price mix for ecommerce, in-store, flyer promotions and everyday regular pricing delivering value to and retaining customers whose shopping behaviors and needs have changed post-pandemic.
Daisy offers the following solutions to address core merchandising challenges:
Daisy Halo Forecasting and Ordering Solution as a Service
The Daisy solution delivers:
- Forecasts for all store product combinations as frequently as your team requires.
- Sets safety stock and auto-replenishment levels for your products.
- Delivers post reporting on forecast accuracy, stock outs, excess inventory and total store financial results.
Daisy Assortment Planning and SKU Rationalization as a Service
The Daisy solution delivers:
- An optimized assortment plan ensuring that you have the products that your customers need.
- Recommend the removal of slow moving items that don't contribute to Total Store Impact.
- Regular reporting of assortment and vendor performance.
Daisy Item Selection as a Service
The Daisy solution delivers:
- Recommended item groups for promotion and non-promotion on all channels taking into account vendor funding and competitive pricing.
- Recommended item groups for features at regular price on all channels.
- Reporting on estimated results, vendor funds and post scorecards of the Total Store Impact of all promotions on all channels.
Daisy Price Optimization as a Service
The Daisy solution delivers:
- Recommend promotion prices and offer types for promotional item groups on all promotional channels.
- Recommended regular prices for all non-promoted item groups on all promotional channels for those item groups being featured.
- Reporting on estimated results, vendor funds and post scorecards showing the Total Store Impact of all pricing on all channels.
Daisy's Promise to Our Customers:
Daisy solutions are web-based, requiring minimal IT support to set up. Our clients experience a verifiable 3% to 5% total company sales impact while preserving and growing margins.
Let's Build Your Halo Plan Together:
We offer a quick proof of technology using your data to validate the financial opportunity. Fill out the form located at the top right of this page or reach out to us at contact@daisyintel.com and we'll promptly get back to you.