How much could you save with SimpliField?

COVID-19 has taught us that the retail industry is ripe for change. Long-contemplated cost reductions and process efficiencies are now being brought to the forefront of management discussions. Retail efficiency will be the key to success in 2022 — how much could you save?

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Retail reporting

Field activites

Store ops

HQ staff

Revenue

Results

Step 1/5

Retail reporting

First, share some information about your current retail setup. Make sure to complete all fields.

Stores

Number of stores

stores

Sales Associates

Employees per store

FTEs

Time spent on reporting and operations per store (per day, per FTE)

hours

Hourly cost per sales associate

$ USD

Store Managers

Managers per store

FTEs

Time spent on reporting and operations per store (per day, per FTE)

hours

Hourly cost per store manager

$ USD

Next Step

Retail reporting

Field activites

Store ops

HQ staff

Revenue

Results

Step 2/5

Field activities

Next, let us know about your field activities. If you don't know the answer, put 1.

Average number of store visits per store (per month)Regional managers, merchandising managers, training, executives, etc.

visits

Average time spent on reporting per visit

hours

Hourly cost per field FTE (fully loaded)

$ USD

Back Next Step

Retail reporting

Field activites

Store ops

HQ staff

Revenue

Results

Step 3/5

Store operations

Now, let's estimate your current operations expense. If you don't know the answer, put 0.

Cost of merchandising operations (per year) Usually ranges from $150,000 to $250,000

$ USD

Cost of promotional operations (per year)

$ USD

Other costs for store operations (per year)

$ USD

Estimated Wastage Usually ranges from 5-10%

Back Next Step

Retail reporting

Field activites

Store ops

HQ staff

Revenue

Results

Step 4/5

HQ staff

Almost there! Let's look at the HQ staff time spent on tracking, data consolidation and reporting. Industry estimates are included, but feel free to adjust based on your team.

Retail Ops Team (weekly)

hours

Merchandising team (weekly)

hours

Marketing team (weekly)

hours

Others (weekly)

hours

Hourly cost for HQ staff (fully loaded)

$ USD

Back Next Step

Retail reporting

Field activites

Store ops

HQ staff

Revenue

Results

Step 5/5

Revenue

Last step — what's your brand's estimated annual retail revenue?

Retail Turnover (annually)

$ USD

Back Calculate ROI

Retail reporting

Field activites

Store ops

HQ staff

Revenue

Results

Benefits

Savings on Retail-level Reporting / Execution

Missing info in Step 1

Savings on Field Activities

Missing info in Step 2

Savings on Store-level Operations

Missing info in Step 3

Savings on HQ Tracking, Data Consolidation and Reporting

Missing info in Step 4

Average increase in sales for SimpliField clients

Total Potential Savings

Yearly Benefit

Steps incomplete

Results

With SimpliField, you could save an estimated $XXX,XXX by improving retail operations, communications and analytics.
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Here's how it breaks down:

Want to learn more? Set up a custom analysis review with SimpliField today, and we'll walk you through how you can achieve these savings and realize immediate ROI with our retail performance platform.

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How much could you save with SimpliField?

Let's get started

Retail reporting

Stores

Sales Associates

Store Managers

Field activities

Store operations

HQ staff

Revenue

Benefits

Total Potential Savings

Results

We're on it!

130+ Top Performing Brands Use SimpliField

Real ROI Results

40%

30%

80%

15%

3%