Inventory is the most important section of a company, ranging from different industries, such as retail, manufacturing, and F&B. Proper inventory management strategies can help businesses control their assets and avoid shortage of products. On the other hand, inventory can be considered as “liability”. A large warehouse contains risks from theft, damage, fees,etc. Plus, […]
Retail Location Analytics supports businesses with robust conditions to directly approach customers, attract new product users, penetrate and dominate new markets, and promote the production process. This is an essential link to business development, increasing sales, revenue and profit. What is Retail Location Analytics? Location analytics is extracting more valuable insights by adding a layer […]
With proper KPIs, you can keep track of your campaign’s performance and make sure that you’re following the right path towards success. They help cut down the vast amount of data from day-by-day business operations to collect critical insights, allowing businesses to make timely adjustments. Thus, in order to reach your goals before the deadline, […]
KPIs are always an essential part of any business strategy on the journey to success. They allow companies to measure the progress towards business objectives and build effective strategic planning. However, the massive influx of data from online purchases might make it strenuous for e-commerce businesses to determine which KPIs should be focused on for […]
Simply defined, data is helpful information that you accumulate to support organizational strategies. Data is classified into two categories, including internal data and external data. External data is gathered from your organization’s external environment, while internal data exists inside your company. Internal data will benefit businesses that want to enhance their performance and those failing […]
Google Analytics is considered an indispensable tool to every website owner. It allows merchants to keep track of their performance on the Internet. You can see how visitors interact with your site and web content. Google Analytics also provides specific metrics to measure and track different aspects of the user experience, identifying how people feel […]
In the cut-throat world of business, entrepreneurs must compete fiercely with each other to gain success. And the e-commerce sector is not an exception. If you’re running an e-commerce site, you might probably ponder over how to scale your business to its full potential. Growing this kind of business can turn a small and stable […]
WooCommerce is among the popular platforms that has been revolutionizing the digital world with stunning marketplace features. It is also an ideal platform to support the sale of service and merchandise via an online marketplace portal. The basic installation of WooCommerce offers a bunch of incredible features for your site, but if you’re searching for […]
Satisfied customers are a constant source of happiness to businesses. Usually, every business sets one goal in mind: how to perpetually enhance customer satisfaction, retain current customers, and drive more ones. That’s why customer feedback is of paramount importance in helping a business realize its customer sentiment about specific products or services. The power of […]
Behavior analytics refers to the method of collecting and analyzing qualitative and quantitative customer data to understand the intent of their behaviors and interactions. In the e-commerce industry, this technique has been employed to understand the reaction of the customers to different businesses or companies’ products and services and to use the insights of their […]
