Tagged: metrics

store budgeting

Top Retail KPIs You Should Track

Retail key performance indicators (KPIs) are important metrics. They help retail managers understand their customers, business, and revenue situation better. If you want to run a profitable retail operation, then keep an eye on...

retail operations management

5 Retail Operations Problems and How to Solve Them

Managing a retail chain is loaded with challenges. There are so many moving parts that have to be managed that it can’t all be done by one person. However, with the right operations management...

customer relationship management solution

Using RFM Analysis to Build Customer Relationships

Developing and maintaining customer relationships in the retail sector has changed a lot in recent years. Before the Internet, it was all done in person. Today, you’ve got to maintain that relationship both in...

apparel retailing

5 Ways to Improve Apparel Retailing

Your apparel retail store can be run more efficiently with the right operational software. From product allocation to performance management, here are five distinct ways to improve your apparel-related retail operations. Smart product assortment...

business intelligence

5 Metrics Every Retailer Must Track

Retail metrics is ever-changing, but there are some things that remain the same. If you are a retailer in 2019, here are 5 important metrics you must track to remain competitive and profitable. Traffic...

business intelligence

What Should You Measure?

Analytics is one of the most important aspects of retail operations management. Without it, you have no idea how your business is doing or what you can change to improve your operations. One of...

business intelligence

What Performance Indicators are You Measuring?

Success in retail is dependent upon a number of factors. One of those factors is your analytics package. You should ensure that you are measuring the right performance indicators and that you are using...

key performance indicators

Analytics: You Can’t Change What You Don’t Measure

You know the old adage, you can’t change what you don’t measure. It’s true. If you want to impact change within your retail chain, then you need to get in the habit of collecting...

key performance indicators

How to Get Better Retail Business Intelligence

Business intelligence isn’t easy to come by, especially in the retail sector. But if you’re going to stay on top of the information you need to run your business, then you need a way...

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