Retail analytics focuses on providing insights into revenue, inventory, clients, and other critical factors that are essential to the decision-making process for merchants. The discipline covers many granular fields to build a full image of the health of a retail sector, and sales alongside overall areas for development and strengthening. Mainly, retail analytics are used
Read MoreMany shoppers may find it odd when a shop knows a lot about them purely through the products they buy. Amazon.com, Inc. (AMZN) is a pioneer in gathering, saving, sorting and reviewing your and every other customer’s personal information as a means of determining how consumers are spending their money. The company is using predictive
Read MoreHave you ever came across a business offering you more when you have already purchased one product or service. I get offers even from my hairdresser. Saloons offering head massage or facial when you go for a hair-cut. Many times, offers get converted to revenue for saloons. This is a perfect daily life example of
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