How to build in-store execution
Perfect Store Execution is a structured, cross-functional FMCG process involving sales, marketing, trade, and HR to ensure optimal in-store presence, maximize new product launch impact, and extend across offline and online channels.
Often called Perfect Store Execution, the question is: a process or a one off for a few in the FMCG business?
The right one is, of course, an available process that involves not only the Field Sales organization but also Trade Marketing, Category Management, Customer Management, Human Resources and even Marketing too.
Consider a new product launch… What is the best way to penetrate the market?
Just above the line investment?
Not at all, all the usual touch points are needed for the route to market of the new item before the consumer can get their hands on it. Before the consumer comes the shopper, who lives their mission in the store passing through the out of shelf promotional area, the shelf, the cross category hook. In fact, the store plays the same strategic role as advertising.
Consider a non-measurable process where of course a good Key Account Manager defines with their customer all the Route To Market details for the new launch. Who knows how many stores are in line with these objectives? What is the reachable potential if we know the distance between the as is and the goal? How can the sales department meet the Trade Marketing/Marketing…
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