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The main objective of every retailer is to maximize ROI (return on investment) when every strategy has been put in place and everything is up and running. But there are various challenges that hinder this growth, prompting further steps to be taken to ensure the business is profitable and sustainable. Apart from marketing and other

#shopper flow

Big Data and Video Analytics in Retail

https://medium.com/me/stats/post/4eb1661742ef

#retail management business bigdata data analytics marketing software

It takes a lot to manage a business. One of the biggest essentials is ensuring that you and your employees complete your tasks on time. Time management is no joke. There are only so many hours in the day. Everyone could use a system that reminds them of how

#time management

What is queue management system? Learn benefits of queue management solutions. The most important key point is controlling the flow of the queue.

queue management technology has remained at the forefront of the industry by decreasing customer wait times and improving employee productivity.

#queue management solutions

As a retailer, you need to realize that your point-of-sale (POS) system is more than the tool for processing transactions. Advancement in technology and a lot has been integrated with the original cash till. Today's POS systems give store owners data they can use as insights to boost their

#shopping experience

The 21st-century customer expects personalization as well as seamless experiences from online channels to smart-store establishments. So if you are intending to boost sales while increasing customer satisfaction for your retail brand, then you should base your plans and strategies on big data. What is big data? The phrase describes large volumes of

The 21st-century customer expects personalization as well as seamless experiences from online channels to smart-store establishments.

#smart store

For a retailer, the insights gained from in-store video analysis are invaluable for making better decisions. At the foundation of advanced video analytics is the Internet of Things (IoT), and its applications are everywhere. The technology that gives your retail business "smart" vision brings similar intelligence to buildings and cities. How Smart Buildings and Cities Use

#video analytics #bigdata

RetailFlux Exclusive In-store Analytics

#software #store people counting #people counting system #customer experience #retail #customer retention #retail retailAnalytic traffic flow

There is no higher level of competition then when retailers are in a shopping mall. Here are some Competitive tips for retailers,

#traffic volume

It wasn’t very long ago that hardly any brick-and-mortar stores had respectable websites, let alone the ability to make use of advances in other technology. Now, it seems that every major company not only has a site with e-commerce enabled, but also participates on several social media sites, publishes smartphone …

#store traffic #retail

If your company is using analog cameras instead of IP cameras, here's some reasons why making a switch is a good idea and why IP is better.

#technology

Customer traffic and conversion are important stats for retailers to monitoras it directly impacts the total sales. While increasing the total potential customers that walk into the store is critical, it is even more important to convert those potential customers when they enter. Store traffic can increase by finding a …

#technology

Retailflux shopper traffic Flow

#retail retailAnalytic traffic flow

So you may have had customer complaints about the amount of traffic in your store, what do you do? Try using the visitors per store space metric to see what can be done! If you have a lot of traffic in your store, most people would think this is great, right? There …

#customer traffic #customer relationship

#technology

.If you own a brick and mortar store, here are a few key important things to remember in order to develop strong customer intimacy.

#traffic volume #customer experience #customer retention #customer relationship #people counting system

Analytics give retailers a better idea of how to enhance customer loyalty because they allow them to give consumers an experience that is tailor-made to fit individual needs. Trying to pinpoint the best ways to engage shoppers these days so they’ll keep coming back, is harder to do; especially if …

#zone analysis #people counting system #heat map

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