Retail Analytics Software gives you access to crucial information
Managing a retail business is a job with a wide range of duties. The retail manager must leverage information collected through sales and other mediums to make the right decisions about changes to allocation, pricing, marketing strategies, and much more. Just “eyeballing” your sales and customer activity won’t be enough; you’ll need a retail management software system capable of maintaining a comprehensive database, and you’ll want that software to contain analytic tools that help you succeed. ChainDrive retail software includes a Retail Analytics component specifically designed to give you accurate information on your store(s) or chain(s).
The software’s built-in business intelligence is your one-stop module for the collection, integration, analysis, and presentation of key data relevant to your business. You can look at information in a variety of ways and from many periods of time to gain a full understanding of the inner workings of your business. Analysis is crucial in the retail world because you need to be able to accurately gauge what is and what is not working for your business. Making the necessary changes after careful analysis leads to improvements across the board. You’ll be able to look at historical data, current data, or comparative views that show progress and change.
Other features of Retail Analytics include:
- An adaptable report generator that can even schedule regular reports
- Insightful key performance indicators to help you best monitor your performance
- Sophisticated data mining techniques that give you the ability to query, link, list, pivot, and/or graph data of all kinds