METHODS, SYSTEMS AND COMPUTER READABLE MEDIA FOR MAXIMIZING SALES IN A RETAIL ENVIRONMENT

• US 20140289009A1
• Filed: 03/17/2014
• Published: 09/25/2014
• Est. Priority Date: 03/15/2013
• Status: Abandoned Application

• Current Assignee: Triangle Strategy Group, LLC
• Original Assignee: Triangle Strategy Group, LLC
• Inventors: Campbell, Patrick Joseph
• Application Number:
  US14/215,933
• Publication Number:
  US 20140289009A1
• Time in Patent Office: Days
• US Class Current: 705/7.31
• CPC Class Codes: G06Q 30/0201 Market modelling; Market analysis; Collecting market data
• CPC Class Codes: G06Q 30/0202 Market predictions or forecasting for commercial activities

Abstract

Methods, systems and computer program products for maximizing sales in a retail environment are disclosed. Information is measured regarding drivers of shopper in-store behavior and its underlying drivers of ergonomics, visibility and desirability. Models are fitted and used to optimize sales. Outputs include new merchandising display arrangements, planograms and marketing plans.

Claims

1. A method for optimizing productivity of a merchandizing space, the method comprising:

placing a configuration of products within a defined merchandizing area;

tracking, using an array of sensors, individual shopper interactions with the products within the merchandizing area;

tracking, using an array of sensors, shopper proximity and motion paths within the merchandizing area;

tracking, using an array of sensors or proxies, shopper visibility of product items within the merchandising area;

logging shopper interactions, shopper proximity and shopper visibility as tracked by the sensors;

varying, within the predefined merchandizing area, one or more of aspects associated with the products or interaction with the shoppers;

repeating the tracking and logging;

fitting the shopper interactions to a model of product conversion; and

simulating possible scenarios for physical layout and product placement using the fitted model and outputting, for each simulation, an indication of shopper conversion associated with the simulation.

2. The method of claim 1 wherein varying one or more aspects associated with the products or interaction with the shoppers includes varying one or more of:

configuration of products, layout of the merchandising area, queuing arrangements within the merchandising area, position and/or orientation of display unit, design of display unit, vertical or horizontal exposure of a part of the display unit, signage associated with merchandising area, activation methods used in the merchandising area, the stock level on the display unit, the mix of SKUs placed on the display unit, the design of product packaging or containers, and pricing or products displayed, sales person interactions with shoppers.

3. The method of claim 1 wherein placing a configuration of products within a merchandizing area includes placing a test cell comprising a plurality of rows and columns of products in a retail establishment.

4. The method of claim 1 wherein tracking the individual shopper interactions includes using weight sensors to monitor shopper removal of products.

5. The method of claim 1 wherein tracking the individual shopper interactions includes using optical sensors to monitor shopper removal of products.

6. The method of claim 1 wherein tracking the individual shopper interactions includes using checkout transaction logs to monitor shopper removal of products.

7. The method of claim 1 wherein tracking shopper proximity and motion paths includes using position and range sensors.

8. The method of claim 1 wherein tracking individual shopper interactions includes using one or more cameras.

9. The method of claim 1 wherein tracking shopper proximity and motion paths includes using one or more cameras.

10. The method of claim 1 comprising providing software for controlling activation activities in the merchandizing space.

11. The method of claim 10 wherein the activation activities include at least one of activation of a product display, media presentation, and audio presentation.

12. The method of claim 1 wherein fitting the shopper interactions to a model of product conversion includes determining, based on the shopper interactions, model factors relating to ergonomics, visibility, and product desirability.

13. The method of claim 12 wherein the model factors relating to ergonomics includes at least one of:

a horizontal factor, a vertical factor, and a separation factor.

14. The method of claim 12 wherein the model factors relating to product visibility include at least one of:

a size factor, a signage factor, an activation factor, a vertical exposure factor, a horizontal exposure factor, a stock level factor, and a wait time factor.

15. The method of claim 12 wherein the model factors relating to desirability include at least one of:

an unmodified conversion of SKU factor, a container design factor, an adjacency factor, a pricing factor, an advertising factor, a salesperson interaction factor, a cue factor, a shopper-graphics factor, and a shopper mission factor.

16. The method of claim 1 comprising outputting a planogram indicating an optimized configuration of the products.

17. The method of claim 1 wherein the model of product conversion includes a heat-map of conversion.

18. The method of claim 1 comprising providing a graphical user interface (GUI) for invoking the simulation and optimizing sales of the products.

19. The method of claim 1 comprising measuring any combination of:

waiting time of shoppers in the merchandising area;

advertising or promotions associated with products in the merchandising area;

active or passive interactions between shoppers;

shopper mission;

or shopper-graphics including age, gender, race, mood, physical characteristics, attire.

20. The method of claim 1 wherein tracking shopper visibility includes using a gaze tracking system, an eye tracking system, or one or more cameras.

21. A system for optimizing productivity of a merchandizing space, the system comprising:

a first array of sensors configured to track individual shopper interactions with the products in a configuration of products within a merchandizing area;

a second array of sensors configured to track shopper proximity and motion paths within the merchandizing area;

a third array of sensors or proxies configured to track shopper visibility within the merchandizing area;

a logging module configured to log shopper interactions and shopper proximity and motion paths tracked by the sensors, wherein when one or more aspects associated with the products or interaction with the shoppers are varied, the first, second and third arrays of sensors are configured to repeat the tracking and the logging module is configured to repeat the logging,

a predictive and analytics module configured to fit the shopper interactions to a model of product conversion, to simulate possible product placement scenarios using the fitted model and to output, for each simulation, an indication of shopper conversion associated with the simulation.

22. The system of claim 21 wherein the logging module is configured to log shopper analytics, motion paths and visibility for variations in configuration of products, layout of the merchandising area, queuing arrangements within the merchandising area, position and/or orientation of display unit, design of display unit, vertical or horizontal exposure of a part of the display unit, signage associated with merchandising area, activation methods used in the merchandising area, the stock level on the display unit, the mix of SKUs placed on the display unit, the design of product packaging or containers, and pricing or products displayed, sales person interactions with shoppers.

23. The system of claim 21 wherein the configuration of products comprises a test cell comprising a plurality of rows and columns of products in a retail establishment.

24. The system of claim 21 wherein the first array of sensors includes weight sensors configured to monitor shopper removal of products.

25. The system of claim 21 wherein the first array of sensors includes optical sensors configured to monitor shopper removal of products.

26. The system of claim 21 wherein the logging module is configured to use checkout transaction logs to monitor shopper removal of products.

27. The system of claim 21 wherein the second array of sensors includes position and range sensors configured to track shopper proximity and motion paths.

28. The system of claim 21 wherein the first array of sensors includes at least one camera configured to track shopper interactions with the products.

29. The system of claim 21 wherein the second array of sensors includes at least one camera configured to track shopper proximity and motion paths

30. The system of claim 21 comprising a controller configured to control activation activities in the merchandizing space.

31. The system of claim 30 wherein the activation activities include at least one of illumination of a product display, media presentation, and audio presentation.

32. The system of claim 21 wherein the predictive analytics module is configured to fit the shopper interactions to a model of product conversion by determining, based on the shopper interactions, model factors relating to ergonomics, visibility, and product desirability.

33. The system of claim 32 wherein the model factors relating to ergonomics includes at least one of:

a horizontal factor, a vertical factor, and a separation factor.

34. The system of claim 32 wherein the model factors relating to product visibility include at least one of:

a size factor, a signage factor, an activation factor, a vertical exposure factor, a horizontal exposure factor, a stock level factor, and a wait time factor.

35. The system of claim 32 wherein the model factors relating to desirability include at least one of:

an unmodified SKU conversion factor, a container design factor, an adjacency factor, a pricing factor, an advertising factor, a salesperson interaction factor, a cue factor, a shopper graphics factor, and a shopper mission factor.

36. The system of claim 21 wherein the predictive and analytics module is configured to output a planogram indicating an optimized configuration of the products.

37. The system of claim 21 wherein the model of product conversion includes a heat-map of product of conversion.

38. The system of claim 21 comprising a graphical user interface (GUI) configured to invoke the simulation and optimize sales of the products.

39. The system of claim 21 comprising measuring any combination of:

waiting time of shoppers in the merchandising area;

advertising or promotions associated with products in the merchandising area;

active or passive interactions between shoppers;

shopper mission;

or shopper-graphics including age, gender, race, mood, physical characteristics, attire.

40. A non-transitory computer readable medium having stored therein executable instructions that when executed by the processor of a computer control the computer to perform steps comprising:

tracking, using a first array of sensors, individual shopper interactions with the products in a configuration of products within a merchandizing area;

tracking, using a second array of sensors, shopper proximity and motion paths within the merchandizing area;

tracking, using a third array of sensors or proxies, shopper visibility within the merchandizing area;

logging shopper interactions and shopper proximity and motion paths tracked by the sensors;

varying, within the predefined merchandizing area, one or more of aspects associated with the products or interaction with the shoppers;

repeating the tracking and logging;

fitting the shopper interactions to a model of product conversion; and

simulating possible product placement scenarios using the fitted model and outputting, for each simulation, an indication of shopper conversion associated with the simulation.