Tagged: retail analytics

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...

analytics metrics

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....

store 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,...

business intelligence

What Kind Of Retail Analysis Do You Do?

One of the many challenges of retail analysis is the way the individual analyst processes information. Since all analysis involves informational data, this makes the type of software you use very important. You need...

Integrate Retail Analytics For Realistic Results

Sometimes, retail analytics gets short-sighted. Focusing on a single channel or department can cause this because all the analysis is being done in isolation. The problem with a short-sighted analysis is that the comprehensive view...

business intelligence

Which Analytical Tools Do You Need For Retail?

Analytic Software is an important tool for retailers because analyzing your data gives you the information and insight that you need to make intelligent business decisions. Retail analytics should give you a clear, consistent view...

What Is So Bad About Reactive Analytics?

Reactions can be a good thing when the reaction prevents further damage. A bicyclist needs to react when a rabbit runs across the road and the reaction needs to be both immediate and appropriate....

What Will Make Your Retail Analytics Effective?

The challenge of retail analytics is being able to analyze effectively. That takes accurate data from the entire spectrum of your business from the past as well as from today. It takes the ability...

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