Take a look at BRIDGEi2i’s infographic highlighting seven major retail analytics trends impacting the industry and shaping the future of the retail space.
Learn how clickstream data analysis can help e-commerce businesses boost conversions with cross-selling and upselling while improving customer experience.
The retail analytics market will likely be valued at $5.1 billion by 2020. Here are six major retail analytics trends that are driving the industry.
The retail industry had a brilliant 2016 in terms of sales. Here are seven things that will likely drive the industry in 2017 and the years following.
Black Friday and Cyber Monday sales have shattered previous records. Cyber Monday reigns supreme. And retail analytics and visualization tools have helped bring Christmas early yet again!
‘Tis the season for advanced retail analytics and data visualization! Here’s what retailers should focus on during the holiday season to multiply profits!
Data monetization has become a walk in the park owing to analytics and business intelligence. Read on to know how effective data mining is boosting profits.
Most people today have the power to keep abreast of current market trends and emerging technologies, thanks to the Internet. The ubiquity of connected devices, constantly evolving technological landscape, and growing per capita income are some of the factors due to which the expectations of the average consumer have risen greatly. B2C companies are, therefore,…Continue Reading “Big Data Analytics and Retail – What Does the Future Have in Store?”
The digital era has drastically changed the way we make transactions. The retail industry is undergoing rapid digitization wherein more physical stores are introducing their online sales platforms. With e-retailers like Amazon realizing enormous profits and seeing continual expansion, a large number of brick-and-mortar stores worldwide are working towards upping their digital game and implementing…Continue Reading “Technological Innovations Driving the Retail Industry”
Retailers use analytics platforms and solutions to leverage customer insights. Analytics sheds light on customer behaviour and tendencies by extracting metrics such as frequency of purchase, the average amount spent in transactions, conversion rate, the amount spent on specific product types, etc.