Incentives Solutions for employees in the Retail industry

Industry Challenges

Tough competition, changing trends and price sensitive shoppers - these are some of the challenges that retail chains face in their need to optimize store productivity, cut costs and improve store performance. In addition, retail businesses struggle with high rates of employee turnover, further challenging this price-sensitive industry.   Rapid decisions about product mix, sales targets and employee compensation require quick and agile implementation into your current IT infrastructure.

Our Solution – INCENTIVES-Pro & INCENTIVES-SPM

Incentives Solutions has a proven track record for providing a successful solution tailored to the needs of the retail industry including staff, suppliers and customer performance and reward programs.  Our best-of breed systems will be implemented to achieve the lowest total cost of ownership (TCO) and produce a very rapid return on investment (ROI):

• Automate administrative tasks to reduce operating and IT expenses.
• Boost sales with INCENTIVES-SPM and the i-Focus dashboard. Offer a wide set of self-service tools including self simulations and real-time Next Best Activity (NBA) suggestions for every store manager, department manager and employee.
• Initiate activities and respond quickly to the rapidly changing retail market by adapting employee targets to company goals with Incentives’ automated system.
• Improve customer satisfaction by increasing employee motivation, performance, and their feeling of shared ownership through INCENTIVES-Pro solution.
• Focus on store waste and losses' so that you can improve those issues on time, all the time.
• Reduce employee turnover by assigning employees clear expectations and rewards, thus improving employee satisfaction.
• Increase store productivity and profit margins by aligning employee campaigns with other targets and business objectives.
• Simulate future profits through “what if” predictive forecasting, transforming your ability to make smart merchandising decisions.

With Incentives Solutions, you can design your customized SPM solution to motivate your sales force and increase employee performance. Go beyond the sales force, and deploy Incentives Solutions’ ICM for maximum employee productivity across the board, from the storefront employees to management and senior executives.

Learn more about Incentives Solutions’ SPM and ICM solutions.

Read a  case study to learn how Incentives Solutions has helped transformed retail businesses.

Contact  Incentives Solutions to learn more about solutions for your retail business.