Retail Experts ConneXion - June 23

Retail Experts ConneXion - June 23

In this edition of?Hypertrade monthly?LinkedIn newsletter?#retailers?we're featuring our May recap :

Retail Experts Tips

  • Coupon & Redeem
  • Assortment Effectiveness?
  • Basket Decision Tree
  • Data Liberating

Business Case

  • Why Basket Analysis is still a fundamental for growth?

Coupon & Redeem

Coupons are marketing tools used by Retailers and Suppliers to incentivize customers to make purchases. A coupon is a type of discount offered to customers for a specific category, product or service. | Read more

No alt text provided for this image


Assortment Effectiveness

In a product range, each SKU contributes to a percentage of the total sales. Calculating the?sales contribution?of each SKU and sorting them from largest to smallest, and adding up the sales contribution of each SKU will provide the Pareto of Assortment effectiveness.?| Read more

No alt text provided for this image


Basket Decision Tree

A basket decision tree, also known as BDT, is a shopper basket analytical tool used by Retailers to discover relationships and patterns among their Loyal & Non-Loyal Shoppers. This analytical technique , helping Retailers understand the reasons for sales variations, whether they are influenced by spending or foot traffic. | Read more

No alt text provided for this image

Liberating Data

As we all know, Data has become a essential raw material that an increasing number of companies use to take their business decisions. By liberating data under controlled conditions, we have the ability push growth opportunities. | Read more

No alt text provided for this image

Business Case:

Why Basket Analysis is still a fundamental for growth

In an increasingly competitive modern retail landscape, Retailers and Manufacturers are actively seeking ways to gain an edge by comprehending shoppers' behaviours and the reasoning behind their choices. | Read more

No alt text provided for this image



Subscribe to Hypertrade's monthly LinkedIn newsletter?HYPERTRADE?and don't forget to visit our website?hyper-trade.com.

To strengthen your retail expertise with our free retail knowledge base?HPT Pedia

要查看或添加评论,请登录

Hypertrade的更多文章

社区洞察

其他会员也浏览了