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. Example
Make real-time intelligent data driven decisions at a glance with retail business intelligence.
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;
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.
People counting insight from the experts
Find out how retailers are optimising staff efficiency to win and retain customers.
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