You serve Customers because You know them!
Analytics makes difference to every area of Retail Business. It all starts with Sales and Customer behavior. Eventually, it boils down several areas of Retail Including Inventory and Procurement.
Few exciting areas where we applied Retail Analytics.
- Predictive Analytics for Product Demand.
- Right inventory Management – Not stock-outs and less wastage.
- Customer Behavior and Product Displaying – Increases conversion factor
- Campaign Management – Use AI to launch right campaign to right customers at right time.
- Promotions – Use descriptive analytics to configure right set of promotions.
- Virtual Shopping
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Since it is One Cloud from Labeling to Last Mile, we have obvious advantage in mining data, use the data, and control the processes and operations. With Bits and Pieces software, it is mammoth task to create even right data sets.