When it comes to taking data analytics, “MORE” is never a strategy. More data just equates to more headaches if you don’t have a tangible analytics strategy in place. In a retail environment that is constantly siphoning new streams of customer data, you cannot simply rely on volume to outperform efficiency.
Today, you need to focus on building an analytics plan that transforms any volume of data into action - it's quality, over quantity. Read through "Unlocking The Three Things: The Top Growth Strategies in Retail Data Analytics,” a new whitepaper outlining the essential methods to profit improvement, sales optimization and promotion performance. This whitepaper is based on interviews with Loss Prevention & Operations experts who are embracing a modern data analytics strategy.
This whitepaper covers:
- Where to easily drive incremental revenues and improve operating profits
- What actions can be taken - via your data - to improve in-store upsells
- How your established loss prevention tactics may actually be costlier than you think