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What Is Economic Order Quantity (EOQ), and How Does It Relate to Retail?
The main goal of EOQ is to minimize costs associated with logistics and storage while ensuring a steady supply of products.
How to Attract Customers in Retail: The Role of Loyalty Programs, Sales Analysis, and RFM Analysis
A loyalty program for retail is a system of incentives designed for regular (and, to some extent, new) customers, allowing them to receive bonuses, discounts, or gifts for consistent interaction with your store or business.
Understanding ITOR: A Comprehensive Guide to Retail Success
ITOR, or Inventory Turnover Ratio, is a critical metric in retail that shows how a store chain, business, or company manages its Inventory.
Utilizing Prescriptive Analytics in Retail: Enhancing Efficiency with Data
In modern business, prescriptive analytics is a critical component that enables companies to make strategic decisions based on data.
Top Data Visualizations for Retail: Key Metrics for Success
In retail, data is everywhere, but without effective and precise tools, even the best information can be challenging to use for business analysis.
Key KPI for Retail Stores: Essential Metrics to Track Success
Retail is all about competition, so monitoring business performance, optimizing operations, understanding customer behavior, and boosting sales are crucial.
Π―ΠΊ ΠΏΡΠΎΠ³ΡΠ°ΠΌΠΈ Π»ΠΎΡΠ»ΡΠ½ΠΎΡΡΡ Π²ΠΏΠ»ΠΈΠ²Π°ΡΡΡ Π½Π° ΠΏΡΠΈΠ±ΡΡΠΎΠΊ ΡΠΎΠ·Π΄ΡΡΠ±Π½ΠΈΡ ΠΌΠ΅ΡΠ΅ΠΆ: Π²Π΅Π±ΡΠ½Π°Ρ Π΄Π»Ρ ΡΠΈΡΠ΅ΠΉΠ»Π΅ΡΡΠ²
Π‘ΡΠ°ΡΠΈΡΡΠΈΠΊΠ° ΠΏΠΎΠΊΠ°Π·ΡΡ, ΡΠΎ ΠΏΡΠΎΠ³ΡΠ°ΠΌΠΈ Π»ΠΎΡΠ»ΡΠ½ΠΎΡΡΡ ΠΌΠΎΠΆΡΡΡ ΠΏΡΠ΄Π²ΠΈΡΠΈΡΠΈ ΠΏΡΠΈΠ±ΡΡΠΎΠΊ Π½Π° 5-10%, Π°Π»Π΅ ΡΡΠ»ΡΠΊΠΈ Π·Π° ΡΠΌΠΎΠ²ΠΈ, ΡΠΎ Π²ΠΎΠ½ΠΈ Π½Π°Π»Π΅ΠΆΠ½ΠΈΠΌ ΡΠΈΠ½ΠΎΠΌ ΠΏΡΠΎΠ°Π½Π°Π»ΡΠ·ΠΎΠ²Π°Π½Ρ ΡΠ° Π°Π΄Π°ΠΏΡΠΎΠ²Π°Π½Ρ Π΄ΠΎ ΠΏΠΎΡΡΠ΅Π± ΠΊΠ»ΡΡΠ½ΡΡΠ².
RFM Analysis: An Effective Method for Retail Customer Segmentation
Modern retail companies increasingly use analytical tools to increase business efficiency. One of the most effective methods is RFM analysis.
Store Accounting: Key Performance Indicators in Retail
Implementing regular accounting and using business analytics allow the optimization of processes, enhancing the competitiveness and value of the chain.
