How to use Surveys to Improve Execution at Retail
Articles, Retail Space Management, Sales Execution
Lots of companies do surveys. Surveying is important, especially at the beginning of key selling periods to drive execution, but most companies do it all wrong and waste the effort they put into the survey.
You have…
Convenience Stores Perform Market Basket Analysis To Increase Profitability
Articles, Data Analytics, Retail Space ManagementOne of the most valuable pieces of information in the Convenience Store industry revolves around your customers’ buying habits, their market basket analysis. Understanding your customers’ behaviors to develop effective merchandising strategies…
Take Control of Your Convenience Store Purchasing Data
Articles, Data Analytics, Retail Space ManagementThe glory days where distributors offered full guarantee on all spoilage seems to be gone and in general we see a trend of more and more activities being pushed downstream and your convenience store purchasing data is becoming more and more…
Wine Depletion Data and its Influence on the 3 P’s
Articles, Data Analytics, Retail Space ManagementHow important to you is knowing your actual inventory level with your distributors? Or knowing which product is being sold out of which retailer? Some may say, not very, since your books already reflect a sale. Others may reason that it’s…
Convenience Stores Increase Profits Through Waste Management & Spoils
Articles, Data Analytics, Retail Space ManagementAll convenience stores are aware of the impact of waste on profitability. At the corporate level, are you getting access to the waste data in a timely fashion so you can quickly remedy the situation? Store Managers are often head down busy,…
How To Improve Your Results by “Getting in the Game”
Articles, Retail Space Management, Sales Execution
Many companies in our industry are doing things the old fashioned way. Their common practice is to review monthly reports of sales summarized by geography and or product, then react by applying pressure to “do better” down the chain…
Wine Business Intelligence guy visiting Unified in Sacramento
Articles, Events, Retail Space ManagementI’ve heard about Unified in the past, and for the first time I’ll attend Jan 28-30. I’m told the waiting list for vendors is more than a year long to have a booth. That sounds like a lot to me. And some have asked why I’m going to…
TARGIT and Business Impact Discuss BI Partner Success!
Articles, Data Analytics, Retail Space ManagementRecently TARGIT’s team sat down with Doug Hoogervorst, Owner and CEO of Business Impact, to discuss how their partnership is generating success. As a proven team, TARGIT and Business Impact transform company’s data into information, providing…
Snapshot Tables Data Warehouse
Articles, Data Analytics, Retail Space ManagementOften our customers ask us to capture a specific point in time – say inventory or how much they are owed in Accounts Receivable – so that they can refer back to it later. Of course, this can be recreated by rolling back all the transactions…