Retail Audit App: The New Era of Retail Management:

Posted by Anup Sharma on September 7th, 2022

In the digital era, retailers are challenged to remain relevant and find new ways of connecting with their customers. With the introduction of email marketing, social media, online shopping, and mobile apps, many retail companies are working to stay on top of the competition. 

This article highlights how retailers are using data to identify their customer's interests.

What is a Retail Audit App? 

Retail audit app is a software that helps businesses track the performance of their stores. It helps to identify areas where the business could improve, and then make the necessary changes. It can also help to identify which channels are working better and which ones need more attention. Retail audit app is becoming increasingly popular due to its many benefits.

The Benefits of Retail Audits: 

Retail audit app is a new era of retail attribution. It helps retailers to understand their customers better and hence improve their customer experience. Here are some benefits of using a retail audit app:

1) Improved Customer Retention: A Retail Audit App can help improve customer retention by providing insights into what drives customer behavior. This information can help retailers create more engaging experiences that keep customers coming back.

2) Better Targeting and Marketing: Retailers can use the insights gleaned from the app to better target their marketing efforts and products. This will ensure that they are reaching the right customers and influencing their behavior in the most favorable way.

3) Improved Productivity: Retailers can use the data collected from the app to optimize their inventory, which will lead to improved productivity and efficiency.

4) Greater Insight into Business Trends: Retailers can use the data collected by the app to identify business trends and make strategic decisions accordingly. This will help them stay ahead of competitors and maintain a leadership position in the market.

Tips to Effectively perform Retail Store Audit: 

Retail store audits are an essential part of any business’s compliance program. They can help identify potential violations and ensure that your business is operating ethically and legally. Here are some tips to help you perform an effective audit:

1. Make sure you have the right tools

Getting a proper professional audit will require having the retail store correctly inspected. This process involves taking photos of the store, measuring tape, a calculator, and an essential app like Retail Audit  to record each observation.

These easy-to-use mobile apps will help you in performing numerous mobile retail audit-related activities such as:

•  Perform retail store audits and surveys. 

• Easily log information like store details, product availability & positioning, pricing details, inventory information, and more. 

• Establish Standard Operating Procedures ( SOPs) for the brand to comply with brand guidelines and more.

2. Plan your Visit Carefully

It’s important to give yourself enough time to inspect the entire store. Try not to rush through your visit; instead, take your time walking around and looking at everything. You’ll be able to identify any problems much faster this way.

3. Talk to the Employees

During your audit, you must talk to as many employees as possible. It will help you understand how the store is operated and whether any violations of company policy or law are occurring. Be sure to ask about specific issues.

4. Use Checklists to Ensure Compliances

Retail compliance audits can make a safer work environment, avoiding accidents, health issues, and fatalities. 

Some Commonly Used Retail Store Audit Checklists

Here are some retail store audit checklists organizations can use to conduct retail audits of their store employees. Axonator can help you convert all these checklists into mobile apps to help you comply with brand guidelines, establish SOPs, implement safety, and achieve operational excellence. 

Retail Store Operations Checklists

With this checklist, you can ensure that your retail store is operating efficiently and safely. This guideline has been developed by experts in the field and provides a useful resource for conducting retailer audits.

Retail Store Daily Checklists

Retail store checklists will help your company organize daily shop checks, store reviews, and compliance like product placement, price, sales data, etc. The COVID-19 compliance checklist is a standardized process for preparing for product recalls that ensures retailers are prepared to act when necessary.

Retail Store Daily Checklists - Opening & Closing

These checklists list the critical tasks that need to be completed before opening and closing a retail store. The checklists can be used to confirm the security of the products, to clean up the store, and more.

Retail Brand Compliance Checklists

Efficiently conduct promotional audits and holiday sale audits. Log in-depth information on promotion types, duration, placement, in-store positions, and sales numbers. 

Retail Partner Audit Checklists

Understand your retail partner better. Record information like location, branch name, consumer sentiments, store appearance, exterior façade, internal design, competing brands, and more. 

In-store Retail Audit Checklists

Efficiently perform in-store retail audits to ensure that retailers follow pricing, promotion, products, inventory, and placement guidelines. 

We at Axonator have developed a retail audit app that ensures the company will be meeting or exceeding all required standards for safe operation. We have created this checklist in collaboration with experts from the retail industry so that you can use it as a reference guide when conducting audits at your stores.

• Get your paper forms/checklists on mobile & tablet

• Access ready-to-use lists & customize them

• Experience the workflow automation

• Generate reports automatically

• Get a graphical dashboard for data visibility

• Integrate with 3rd party or legacy system seamlessly

Axonator For Implementing Retail Audits: 

Axonator is a useful no-code platform that Fortune 500 firms have used to meet their needs. This platform allows you to streamline the audit process and assess inventory risks with business metrics.

The use of a software can streamline tasks, such as appraisals, inspections, compliance and more. Axonator has a variety of applications which all make it useful in the workplace.

Organizations who want digital transformation fast and cheap can use Axonator, who will automate their field workflows.