Importance of Digital Analytics in Marketing Digital analytics in marketing is the process of analyzing qualitative and quantitative data from your business and the competition. Digital analytics in marketing presents a clear vision to the organization on how users or...
retail stores
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Retail Predictive Analytics For Retail Industry Challenges
Retail Predictive Analytics for Combating Challenges S NoChallenges Tackled by Retail Predictive Analytics1.Inventory Management2.Pricing Policy3.Revenue Forecasting4.Catching the Straying Customer 5.Improved Customer Service The Global Retail Industry - An...
Retail Trends You Can’t Afford to Miss Out on This Year
The world of retail is undoubtedly evolving. Modern customers expect instant gratification, new experiences, and personalization in retail. Given the ample options available to customers today, retail stores are forced to either comply with customers’ requirements or...
5 Challenges That are in Store for Visual Merchandising
What You Can Expect from the 'Challenges of Visual Merchandising' Article IntroductionChallenges of Visual Merchandising Highlights of the 'Challenges of Visual Merchandising' Article S NoChallenges of Visual Merchandising1.Limited Display Space2.Limited...
Market Basket Analysis: An Important Tool in Any Retailer’s Arsenal
The current scenario in the retail industry is characterized by its highly customer-centric nature. Retailers are leaving no stone unturned to discover new ways of getting to know their customers better. Market basket analysis is one such tool that has caught the eye...
Quantzig’s Merchandising Analytics Helps a Renowned Sporting Goods Retailer Optimize Markdown and Projections
A recent study reveals that the retail stores are witnessing a 54% year-on-year increase in mobile shopping. The retail industry is emerging as the most dynamic and fast-paced sector across the globe, accounting for 31% of the world’s total GDP revenue. The...