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Double Profit (Data Required
for Analytics (Customer Demographics,…
Double Profit
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Increase Revenue
Improve
Product Design
Metrics
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Time, Product Category,Demographics,
socio-economic and Weather dimensions
Increase
No. of Stores
Metrics
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Time, Product Category,Demographics,
socio-economic and Weather dimensions
Increase
Sales/Store
Improve Floor Set
Metrics
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Time, Product Category,Demographics,
socio-economic and Weather dimensions
Promotions/Coupons
Metrics
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Time, Product Category,Demographics,
socio-economic and Weather dimensions
Provide Wifi
Metrics
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Time, Product Category,Demographics,
socio-economic and Weather dimensions
BOPIS
Metrics
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Time, Demographics, socio-economic
dimension to all metrics
BORIS
Metrics
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Time, Product Category,Demographics,
socio-economic and Weather dimensions
Inventory Sharing
Nearby Store
Metrics
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Time, Demographics, socio-economic
dimension to all metrics
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Increase
Sale price
Metrics
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Time, Product Category,Demographics,
socio-economic and Weather dimensions
Increase
Online Sales
Redesign Online
Metrics
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Time, Demographics, socio-economic
dimension to all metrics
Promotions
Metrics
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Time, Demographics, socio-economic
dimension to all metrics
BOPIS
Metrics
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Time, Product Category,Demographics,
socio-economic and Weather dimensions
UpSelling
Metrics
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Demographics, socio-economic
and time dimension to all metrics
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Social Media
Metrics
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Demographics, socio-economic
and time dimension to all metrics
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Analyze
Customers
Customer
segmentation
Metrics
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Time, Demographics,
socio-economic
weather, store/web/mobile
dimensions
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Conversion -
Customers
Metrics
Shopping habits
elsewhere - Ex: LuLu Lemon, etc
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