Impact of stock outs in your store

in store •  7 years ago 

angry-man small.jpg
Stock out happens when your store doesn´t have a product in inventory. That has a huge impact in consumer loyalty and behaviour.

The first time that a shopper doesn´t find a product in your store, 70%* of then will tend to look for a susbtitute brand in the same store, while 30% will look for the same brand in a store of the competence.

The second time that the shopper doesn't find the product in your store, only 50% will look for a susbtitute product, while 50% will go to a store of the competence.

If things get worse and the shopper doesn´t find the product he or she is looking for the third time, then there is 70% probabilities that you lose the whole sale and that the consumer never returns again to your store.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

True that. ;)