How Image Recognition is Transforming Retail Execution

Dec 20, 2021

How Image Recognition is Transforming Retail Execution

The future of retail execution is here, and it's called image recognition. This cutting-edge technology is revolutionizing how CPGs (Consumer Packaged Goods) save time, reduce costs, and boost the efficiency of their audits. But what makes it so effective? Let’s dive in.

Once your product hits the shelves, the in-store journey has traditionally been a mystery until sales data trickles in. You might see online reviews or mentions in forums, but the actual in-store dynamics—how and why consumers choose your product—have been elusive. With image recognition technology, this mystery is solved.

The Missing Link Between Consumers and CPGs

Image recognition is quickly becoming a must-have tool for retail execution. It bridges the gap between your brand and your consumers, offering real-time insights that were once impossible to capture.

But why is it such a game-changer?

1. Eyes Everywhere: Real-Time Retail Insights

Traditionally, field reps visit stores to check product displays, stock levels, and compliance. While helpful, this approach has limitations:

  • Limited scope: One rep can only visit a few stores in a day.

  • Subjectivity: Human observations can vary, leading to inconsistent data.

With image recognition, these challenges disappear. This technology allows you to:

  • Gain real-time insights into product performance across thousands of stores.

  • Collect consistent, accurate data without human bias.

When a field rep uses an image recognition tool, every picture they take is analyzed by AI. You see exactly what they see—stock levels, product displays, and even competitor comparisons. Plus, the AI automatically calculates KPIs like share of shelf, compliance, and out-of-stock rates.

Unlike manual audits, image recognition ensures that every KPI is measured consistently, no matter who’s conducting the audit.

2. Time is on Your Side: Act Faster with Real-Time Data

Did you know that 70% of purchasing decisions are made in-store? If your product isn’t displayed correctly, you risk losing sales—often without even realizing it.

With image recognition, this is no longer a problem. Here’s how it works:

  • A field rep snaps a picture in-store.

  • The image is processed by a smart neural network.

  • You receive actionable data in real time.

This speed is a game-changer for retail execution. Instead of waiting weeks for manual audit results, you can identify issues and make adjustments immediately. Whether it’s restocking shelves, improving product placement, or addressing compliance gaps, you can act quickly to avoid unnecessary losses.

Real-time data also allows you to:

  • Pinpoint issues in specific regions or stores.

  • Focus your resources where they’ll have the biggest impact.

  • Achieve a higher ROI compared to traditional audits.

3. Unifying Your Team: Consistent Retail Standards

Retail insights aren’t just for your insights team—they’re valuable for everyone, from Category Management to Marketing and Sales. However, without a unified standard for success, teams can struggle to align their goals.

Image recognition solves this by providing:

  • Visual proof of what a perfect shelf looks like.

  • Consistent KPI calculations across all audits.

These insights can be easily shared across teams, ensuring everyone is working toward the same objectives. Plus, having concrete data and images makes it easier to justify the ROI of your retail strategies.

Why Image Recognition is the Future of Retail Execution

To stay competitive in retail, you need to explore every avenue for growth. Image recognition is already transforming industries like CPG and FMCG, offering a scalable, easy-to-implement solution with immediate results.

Here’s why you can’t afford to ignore it:

  • Scalability: Analyze thousands of SKUs across multiple regions.

  • Efficiency: Save time and reduce costs compared to manual audits.

  • Accuracy: Eliminate human error and subjective reporting.

Ready to Transform Your Retail Execution?

At BeMyEye, we specialize in AI-powered retail execution solutions. With 95% accuracy and no need for massive and long photo collection or human annotation, our technology helps you track, analyze, and take action on your retail KPIs.

Want to see it in action? Book a demo or contact us directly to learn how BeMyEye can revolutionize your retail execution strategy.