TRANSFORM YOUR BUSINESS WITH AI & BIG DATA
A collaboration that works.
Xpandretail AI & Big Data
Predictive Analytics
Our innovative and efficient business solutions include
Optimizing the store’s layout
- Through the Ai based XR Footfall Counting System, get transparency of the consumers shopping journey upon entering the store
- Determine hot and dead zones – ensuring the business layout is accessible to other zones
- Understand product placement and which products are driving sales
- Implement a proper funnel analysis – not just at the store level (PoS/Door Counting) but at a detailed level within the store.
RFID Inventory / Asset Tracking
- Eliminate manual count for merchandise using traditional inventory crews and hand-held RFID readers
- Collect data to update the inventory every 1 minute with 100% precision with superior performance & accuracy
- Get an item’s identity, location, and authenticity – refer to item intelligence in real-time
- Utilize the inbuilt powerful API features to create and develop new innovative marketing tools and applications
- Enable full In-store stock inventory and asset control which heightens your security processes
Promotion Impact
- Compare visitor traffic data with the Ai based XR Footfall Counting System before and after marketing campaigns
- Get data allocated for a particular area or zone within the business to measure the traffic level
- Measure marketing effectiveness by analyzing the success of your events and campaigns
- Understand customer acquisitions and retentions by delivering customized and targeted promotional content
- Optimize window and displays effectiveness for passerby customers
Hot Or Cold Products
- XR Footfall Counting System enables real-time insights on essential non-moving products
- Get overview on zones which have high traffic but little-to-none merchandise movement
- Understand staffing behavior patterns, marketing campaigns, and promotions guiding the consumer’s path to purchase
- Measure traffic and conversion rates for individual departments and entire stores
- Get real-time insights leading to product placements for more sales generated by cross-merchandising
- Enable triggers with product allocation data to ensure that shoppers stay and spend more
Operations
- XR Footfall Counting System allows you to benchmark your business by integrating the data through in-store POS feeds
- Obtain key performance metrics, such as conversion rates — across all store locations, in real-time
- Identify and spot norms, trends, and outliers within the business
- Tailor product selections and determine the timing of price markdowns
- Use the real-time insights to reduce costs, increase efficiencies, and limit the threat of fraud
Heatmap
- Understand enter-to-exit patterns of consumers within a business with the Ai based XR Footfall Counting System features
- Get real-time key performance touchpoints in allocated zones within the store and optimizing the consumer’s path to purchase
- Understand customers’ movement to optimize the store layout and strategize placement of popular vs. unpopular and expensive vs. cheap merchandises
- Identify pricing complications. For example, if lots of people are touching an item but few are buying it, which suggests the merchandise is too expensive or outdated
Get Your Insights
On Your In-Store Operations with our BI Platform
Hourly
- Daily
- Weekly
- Monthly
- Annually
