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February 14, 2024Companies that are planning to execute a retail rollout need to focus on several areas to ensure the rollout is successful and delivers the desired ROI. In this article, we are going to give you the necessary details on how to implement a successful retail rollout. We will share how to plan the rollout and also cover important elements of the plan such as design, installation, and marketing.
Retail Rollout Planning
Before the actual retail rollout takes place, you need to plan ahead and address the elements listed below before taking the next steps:
- Set Your Goals – This step includes setting your sales and revenue targets along with market penetration and building brand awareness
- Envision Any Obstacles That Need Solved – It never hurts to be prepared so plan ahead for any obstacles so you will already have a strategy in place to deal with the issue
- Set Your Budget – By setting a budget, you will have an estimate of the costs needed to launch the rollout and the revenue you will need to generate to cover the costs and make a profit
Rollout Design
Once you have the planning phase completed, it is time to focus on the design of the rollout. The design process covers the look and feel of the marketing elements and also creates specific marketing tactics and strategies to elevate the rollout experience and show how it will create market buzz and word of mouth.
Retail Rollout Installation
The next phase of the rollout process is building and installing the rollout elements in the actual physical space where the retail process will take place. You might be able to have your own team handle the installation process or you might need to use the services of a professional installation team (or even combine the services of your team and the professional install team). No matter who handles the installation process, this is a critical component of the process that has a major impact on the final look & feel of the retail space (and your rollout budget).
Retail Rollout Marketing
Once you have the retail rollout space completed, it is time to make sure people know about it with a comprehensive marketing plan. Marketing is a critical step and you should not limit your marketing message to only one delivery system. Use a combination of direct mail, digital ads, and word of mouth to create interest.
Ready to plan your next retail rollout project? Call our design team for professional insights and tips.
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