Analytics Understanding Customer Behavior with Retail Analytics Retail success comes from truly understanding how your customers shop, by looking into your sales data to uncover what tactics will actually move the needle, and what might just be for show.
Analytics Buyer's Toolbox: How Retail Analytics Guides Buyers' Decisions Retail buyers are often the unsung heroes of the shopping experience, the masterminds behind every carefully curated shelf. By diving into the data, buyers can transform from mere guessers into market-savvy wizards.
ROI What’s Your RTOI? (We’re Coining a Phrase) You know all about ROI – return on investment. But what about your RTOI? We’re coining the phrase right here: Returned Time On Investment.
Analytics Everyone’s Reducing Prices. You’re Just Doing it Better with Data Slashing prices isn’t a guaranteed path to higher sales. Especially if you don’t consult your own retail data to do it right. Here's how to do discounting better, with analytics.
Data Analytics 5 Retail Merchandising Mistakes to Avoid at All Costs Great retail merchandising not only boosts sales but also builds a loyal customer base. The following mistakes, however, can jeopardize these goals, turning potential success stories into cautionary tales.
Analytics Predictive Analytics in Retail: How to Give the Customers What They (Truly) Want “A lot of times, people don’t know what they want until you show it to them.” - Steve Jobs
Analytics The Key to Retail Growth Decision Making Today’s consumers don’t just appreciate personalized marketing and sales experiences—they expect them. Retail data analytics cater to this need by providing detailed breakdowns of shopping habits, even down to individual customer behaviors both in-store and online.
Retail The Top 5 Tools for Retail Planners and Buyers in 2024 In the dynamic field of planning and buying for retail, leveraging the right tools can make a significant difference in achieving efficiency and accuracy. Here are five key tools for retail planners and buyers in 2024.
Retail The Top Tools Merchandisers in Retail Need in 2024 The evolution of retail technology has provided merchandisers with access to a wealth of data and sophisticated tools to help them grow. Let’s take a look at the top five tools that we’re seeing help merchandisers in retail increase efficiency and positively affect their bottom line.
Analytics The Impact of Data-Driven Reporting on Retail Sales Growth Retail businesses that excel in data analytics don't just amass data; they transform it into actionable insights. That’s why an investment in analytics pays back over $13 for every dollar spent.
Analytics 4 Sales Data Insights We’ve Learned from Today’s Top Brands The insights we’ve gained from working with top retail brands reveal a universal truth: the successful application of data analytics is key to outpacing the competition.
Data Analytics The Science Behind Markdowns: Understanding the Economics of Clearance Sales How can huge discounts designed to move out inventory end up being profitable? Let's dive into the science behind clearance sales in retail.
