Real-time Retail Business Intelligence | StoreTech

IN-STORE BUSINESS INTELLIGENCE

Optimise your performance with data rich insight into your footfall traffic. Understand demand throughout the day, as it happens.

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Advancedperformance analytics

For a business to succeed, it needs to be a little bit of a mind reader, predicting what their customers want, where they will go within a store and how they will react to a promotion or a new product placement. The more hard data that can be factored into the decision, the more accurate the results.

Gone are the days when these factors all needed to be manually calculated or data input into spreadsheets. Now, businesses can use StoreTech’s powerful software solution to compile all the data it collects and use it to make meaningful decisions.

First, look at where customers visit in the shop and use this to decide where to place a new promotion. Then you can use the data received after the promotion is placed to see if it is getting the interest you require. If not, where might be a better place to locate it?

This is just one example of how you can use the intelligence you get from comprehensive customer analytics software. It helps predict what customers will do, what they want and allows businesses to maximise profits by fulfilling those wants and needs.

In addition we have advanced email reporting, with daily and weekly performance reports straight to your inbox. Examples of our custom-built email reports:

  • Daily, weekly, YTD and YoY performance by region, area and store
  • Half day reporting, showing performance up to 1pm
  • Individual store sales opportunity report, showing days and times when conversion is lower than the average
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Actionable analytics

Make real-time intelligent data driven decisions at a glance.

Weather

Monitor changing in weather to understand the affects it has on your business performance.

Location type and size

Compare differences in your estate to discover how this affects your key performance indicators.

Number of fitting rooms, toilets, zones and departments

There is almost an endless data set to compare against. It all plays a part in your performance.

Local conditions, and competitors

Nothing is more important than appealing to your local market and local conditions.

Public and school holidays

Seasonality changes will undoubtedly affect your businesses footfall traffic.

Promotional activity and special events

Vital to understand how your marketing spend affects visitor traffic.

Powerful Power Bi analytics

Powerful PowerBi Analytics | StoreTech

Turn data into opportunity

Along with our custom build data tables and charts, we have added the powerful visualisations of Power Bi to our cloud portal. Giving users even more quick to use insight than ever before.

Custom built tables and charts showing week, day and half-hour views of performance;

  • Do you know what times of day represent the best opportunity to sell? 
  • Easily drill down to debrief and quickly identify performance patterns and areas of focus
  • Are you able to change the conversation and objectively talk about performance?
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A Powerful Performance Management Solution

Highly evolved, and easy-to-use, with powerful footfall and performance insight on any device with a browser.

Performance Dashboard | StoreTech

Performance Dashboards

Optimise your performance with simple, clear summary and multi-site dashboards. It's easy to make smarter - faster data driven decisions in real-time. 

More about our performance dashboards 
Business Intelligence | StoreTech

Business Intelligence

With data rich insight into your footfall traffic and performance KPI's. You can understand the opportunity and demand throughout the day, for your stores, areas and regions. 

More about business intelligence 
Task Management | StoreTech

Task Management

Work smarter; communicate, measure and monitor implementation across your business with ease. Drive performance and improve in-store execution. 

More about task management 

FREQUENTLY ASKED QUESTIONS ABOUT BUSINESS INTELLIGENCE

Retail business intelligence (RBI) is the process of collecting, analyzing, and interpreting data from various sources to gain insights into the performance of a retail business. This data can come from a variety of sources, including customer data, sales data, inventory data, and market trends. RBI can help retailers identify areas of improvement, optimize operations, and make better decisions. It can also help them understand customer behavior and preferences, as well as identify new opportunities for growth.

Retail business intelligence (RBI) is a set of tools and techniques used to analyze data from a variety of sources to gain insights into customer behavior, product performance, and operational efficiency. RBI can help your business by providing actionable insights that can be used to improve customer experience, optimize operations, and increase sales. It can also help you identify trends and opportunities in the market, as well as identify areas of improvement in your business.

Business intelligence (BI) software is a type of application software designed to retrieve, analyze, transform and report data for business analysis purposes. BI software provides users with tools to visualize data, discover patterns and trends, and make informed decisions. Common features of BI software include data mining, online analytical processing (OLAP), reporting, dashboards, and data visualization.

Resources

People counting insight from the experts

How to optimise staff efficiency in your retail store | StoreTech

Knowledge

How to optimise staff efficiency in your retail store

This article explores how retailers are optimising staff efficiency to win and retain customers.

Why your business needs to give importance to footfall data | StoreTech

KNOWLEDGE

Why your business needs to give importance to footfall data

Businesses with visitors or customers will find footfall data essential to your success.

How analytics create better in-store experiences and added value for retailers | StoreTech

KNOWLEDGE

How analytics create better in-store experiences and added value for retailers

Stores need to create a better in-store experience to stand out from the competition.

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Talk to a people counting expert

Request a no-obligation demo to talk through your requirements and allow us to share our 25 years of experience and knowledge of people counting and retail performance management.

What will you get out of a call with a people counting expert:

  • ✓ What people counting sensors are right for you
  • Why our solution can uncover hidden opportunities
  • How to increase sales and conversion
  • ✓ Discuss your requirements and a tailored quote

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