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Digitized Store Audits Using Image Recognition & AI
AI-driven retail store audits have substantially reduced audit duration for CPG brands, leading to quicker responses in rectifying execution gaps and boosting store sales and field force productivity on a large scale.
Trusted by Leading CPG Manufacturers and Leaders Globally
The Significance of Retail Store Audits
Retail audits assess store activities and the effectiveness of merchandising strategies for CPG companies. The goal is to ensure products align with the planned presentation, check stock levels, and verify compliance with guidelines regarding promotions, pricing, and product placement. Through these checks, businesses identify strengths, weaknesses, and areas for improvement, enabling informed decisions. This process enhances retail performance, drives store sales, and increases brand visibility on retail shelves.
Downside of Traditional Retail Audits
Traditional or manual audits involve a sales pro or brand rep, chosen by a market research or intelligence firm, conducting retail store assessments through on-site visits. These audits include observing and tallying products on shelves, along with interacting with staff. Utilizing pen and paper and manual methods, they uncover details about a CPG manufacturer's procedures, product placements, stock levels, and practices.As markets expand and competition intensifies, traditional audits struggle to keep pace, limiting the decision-making abilities of sales and marketing teams.
Today manual or traditional store audits are;
1. Slow and time consuming
2. Inaccurate and error prone
3. Offer limited coverage of stores
4. Increased field force fatigue, decreased productivity..
5. Observations via human intervention, lack of evidence
6. High turnover time of in-store data
Store Audits of the Future - Image Recognition Powered
Image recognition technology is revolutionizing the audit process for numerous CPG brands and retailers today. Through its convenient 'Click and Go' image capturing feature and interactive data visualization tools, field representatives can effortlessly conduct a complete category audit within minutes. Picture your team clicking and uploading a few shelf photos, and voila! Overlaying real-time data insights onto store shelves makes identifying optimization opportunities a breeze.
Benefits
Easy Click and Go auditing
Most accurate fine grained data
Increased coverage of stores
Cut down on store audit time
Instant insights and action plan
Access competitive intelligence
Meet Shelfwatch - From Insights to Actions in Minutes
ShelfWatch's cutting-edge retail store audit solutions offer CPG companies immediate insights into perfect store execution. From ensuring planogram and POSM compliance to monitoring share of shelf execution, identifying price tags, and beyond, our AI-powered image recognition technology delivers a comprehensive view. ShelfWatch enables teams to customize key performance indicators (KPIs) according to specific requirements for a tailored and insightful analysis.
Key Features
User-friendly Interface
Streamlined navigation for capturing high-quality images efficiently.
AI-assisted Intelligent Photo Capture
Automatically identifies blurs, slants, and poor-quality images.
Real-time Data
Instant access to SKU-level on-shelf conditions, stock availability, and pricing.
Actionable Insights and Compliance Tracking
Detects promo displays, planograms, and visibility issues, providing instant action plans on the go.
Competitive Intelligence
Monitors competitor adjacencies, assortments, pricing strategies, promotions, and more.
Offline Capability
Conducts store audits even in locations with limited or no internet connectivity.
Seamless Integration
Streamlined navigation for capturing high-quality images efficiently.
Cost-effective
Streamlined navigation for capturing high-quality images efficiently.
Our Global Presence
30+
Countries where the ShelfWatch platform is deployed
1M+
Retail outlets covered globally
20+
Partner Presence Across 5 different countries
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Digitised Retail Store Audits using Image Recognition