Popular
GMROI: What Does It Inform the Retailer About and How to Analyze it?
Datawiz Data Analytics Answers the Question: What Do Customers Want
Predictive Analytics in Retail. How Do Big Data and AI Algorithms Help to Optimize Business Processes?
All articles
Searching results: ""
No results found
Sales Planning: How to Correctly Calculate and Evaluate the Chain KPI?
Sales planning is a crucial step toward achieving chain goals. The accuracy and reality of the plans depend on many factors and the chosen techniques. How to properly organize planning, and in what sequence to carry out the prescribed procedures? Let's figure it out.
Revenue, Income, Profit, and Margin: What are the Differences, and How to Calculate them?
Revenue, Income, Profit, and Margin are the most important indicators for evaluating retail effectiveness. However, they often cause confusion and misunderstanding. What are the differences between them and how to calculate them correctly? Read more in the article.
TOP-6 Data Visualization Charts and When You Should Use Them
Retail analytics is not just a huge array of indicators and metrics, but a whole history of business processes in the chain. To better understand them, a wide range of data visualization techniques and tools should be used. How to choose the most optimal approach from the big available list of them? Read more in the article.
BESt Dashboards: How to Create Customized Visualizations Through a few Clicks?
Dashboards have an important role in retail analytics. They reveal hidden trends, show the all details of the chain business processes, and help to get insights. Read more about them in the article.
Business Calculator: How to Quickly Calculate Retail Metrics?
Today, any retail solution needs a data-driven approach. What should you do if there is no access to analytical platforms or special systems? The Business Calculator will come to the rescue, which will make any arithmetic task simple for every chain worker.
Average Receipt: What Does It Reveal and How Can You Analyze It?
The average receipt is one of the most popular indicators that analysts use to evaluate sales performance. What does it show and how to use it to make decisions? Read more about this and the calculation methodology in the article.
EBITDA: How Can You Calculate It and What Does It Inform You Abou?
EBITDA is one of the chain profitability indicators. How is it different from other types of profit? What does this indicator say and how to use it for management purposes? Read more about its calculation method, advantages, and disadvantages in the article.
What KPIs of Promotion and How to Analyze Them?
Promotions are effective marketing tools, but their effectiveness does not always meet expectations. How to evaluate the effectiveness of promo, and what indicators to pay attention to? Read more in the article.
How to Create a Planogram in PlanoHero Service?
PlanoHero service helps you to organize and automate planogramming process in your retail chain. So you can save time, money, and effort. Read more in the article.