Enhanced Store Performance
Offering Augmented Analytics solutions backed by Data Transformation
to provide retailers with insights into store traffic, sales conversion, etc.
Taking a holistic approach towards improving store performance is likely to be more effective than taking siloed approaches. With the advent of technologies, retail businesses can apply optimization processes more effectively toward customer dwell-to-sales behavior, store performance analysis, customer persona management, product quality perception, optimized price recommendation, assortment optimization analytics, video analytics in retail, workforce management, etc., to align with the business goals. Leveraging various technologies backed by data can aid retailers to gain insights into these areas and create efficient workflows that help monitor and improve store performance.
JK Tech’s Smart Analytics solution backed by Data Transformation provides retailers with insights into Store Traffic, Customer Dwell, Dwell-to-Sales Behavior, and Customer Footfall & Sales Conversion for intelligent store performance. The features comprise Dwell-to-Sales trend, Persona Match Score, Price Recommendation, Classification of Quality Perception, and a Store Operations Dashboard that help in monitoring Dwell-to-Sales conversion and other attributes to take corrective actions leading to increased store sales and improved margins.
Store performance gives retailers a clear understanding of their business and helps them to track potential problems and understand ways to improve business efficiency.
Store Performance is important as it helps retailers to understand and grow their business by identifying possible issues, influencing business decisions, improving forecasts, and setting standards.
JK Tech’s Augmented Analytics solution backed by Data Transformation provides retailers with insights into Store Traffic, Customer Dwell, Dwell-to-Sales Behavior and Customer Footfall & Sales Conversion.
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