Tagged: retail analytics

retail analytics

6 Characteristics of A Good Retail Analytics Report

Retail analytics are a necessity in today’s omnichannel environment. With e-commerce having achieved maturity and growing in importance every day, retailers of every stripe and size are realizing the importance of tracking key performance...

retail budgeting

5 Common Retail Store Budgeting Challenges

Retail budgeting has its challenges, but all of them can be overcome with the right solution. Here are five common challenges to effective store budgeting and the solutions that go with them. Spreadsheets –...

retail analytics

9 Benefits to Deploying the Right Retail Analytics Solution

When you have the right retail analytics solution in place, your whole world benefits instantly. ChainDrive understands why retailers need the best possible information about their businesses. When you have the right analytics tools...

retail operations

5 Must-Haves for Every Retail Operation

Your retail chain deserves to be profitable. In order to maximize profits and minimize expenses, you’ll need the right tools. The below five qualities are all characteristics any retail operation should have to maximize...

business intelligence

How Business Intelligence Leads to Retail Profts

Retail business intelligence is the collection and analysis of key data that retailers can use to impact revenues, profits, and effectiveness. It primarily involves three key components: Collecting the right data Delivering that data...

retail operations

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...

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...

Ecommerce

Do Ecommerce the Right Way

In today’s retail environment, it’s very difficult to get by without some sort of ecommerce operations. But ecommerce is often a playground with its own rules. Those rules are very different than the brick-and-mortar...

business intelligence

The Key to Retail Analytics

Whatever sector of retail you serve, you’ve got to measure your success or you won’t have any. The one key tool necessary for measure all your key performance indicators is a retail analytics solution....

retail budgeting

Are You Singing the Store Budgeting Blues?

Store budgeting is one of the biggest challenges of retail store managers. Regional retail chain managers don’t have it any easier. You have to plan your merchandise purchasing around buyer habits and seasonal predictions,...

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