The most dangerous kind of waste is the waste we do not recognize.- Shigeo Shingo Shigeo Shingo (1909-1990) was a Japanese industrial engineer and thought leader in the areas of productivity and operational excellence. He [...]
The COVID-19 pandemic is not over, but the world is shifting gears. Global health experts and industry insiders are talking about this shift, including the World Health Organization (WHO) and Moderna CEO Stephanie Bancel. The [...]
As we’ve explored in previous posts, gathering and analyzing customer data is crucial to optimizing your customer experience. You can use key data to improve customer service, improve product placement, improve staff schedules and inventory [...]
Finding success in the retail world entails collecting and interpreting various types of data to improve different elements of your business. You need to rely on retail store analytics to know what’s helping and [...]
According to various studies, public restrooms are the perfect habitats for different germs and bacteria. The warm and humid environment of washrooms makes them suitable homes for various microorganisms. Examples of harmful pathogens that thrive [...]
In a perfect world, companies offer the right product at the exact moment customers look for it. Although this world is far from perfect, the retail industry is gradually approaching this ideal scenario as consumer [...]
In today’s data-driven economy, existing business models are unreliable, and thus Analytics ensures that businesses gain access to up-to-date information. These advancements gather data from sources such as customer interactions, website visits and social media. As a result, firms can acquire new and retain current customers with ease and increase the overall revenue generated.
As store visitors reduce, the need to identify current trends is more important than ever to instill customer confidence. Industry experts believe that gathering, storing and processing footfall data allows retailers to launch measures to ensure long-term business continuity.
Usage of data analytics such as footfall, heatmapping and people counting has made it simpler for businesses to gain knowledge if the introduction of a marketing strategy has been successful or not, it also helps in simplifying staffing as well as promotion decisions.
From gaining information about dwell times and popular zones to people entering and exiting the premises, people counting sensors assist retailers to obtain accurate and real-time data to improve conversion rates.