Retail Analytics
Online shopping is the future of retail as it becomes increasingly user friendly, offering a wide range of choices to the consumers, self paced and round the clock shopping etc Many new businesses are entering the e-commerce sector, increasing competition, in turn giving the consumers multiple options to choose from. Retail analytics helps businesses by providing analytical data on real time inventory levels, supply chain movement, consumer demand and provides statistical data to make marketing decisions.
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Solution
Retail analytics collects data and analyses consumer behavior, demand for the product, market trends and provides intelligent suggestions to improve customer experience, sales, inventory management and profitability.
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Need
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