POS Data Analytics -For this POS Data Minute podcast episode, I have invited my colleague Ryan Smits from Krunchbox to recap the Top 5 POS Data Challenges in 2023 based on the 400+ responses received as part of the annual Retail Trends Study sponsored by Krunchbox.
It's 30 minutes of informative content and countdown fun! Have a listen and email me at dmurless@702solutions.com with any questions.
Friday, May 26, 2023
2023 Edition - Top 5 Point-of-Sale Data Challenges | POS Data Analytics
You're losing sales and you don't even know it! | POS Data Analysis
You're losing sales and you don't even know it! | POS Data Analysis
𝗬𝗼𝘂𝗿 𝗿𝗲𝘁𝗮𝗶𝗹𝗲𝗿𝘀' 𝗣𝗼𝗶𝗻𝘁-𝗼𝗳-𝗦𝗮𝗹𝗲 𝗱𝗮𝘁𝗮 𝘄𝗶𝗹𝗹 𝗻𝗼𝘁 𝗿𝗲𝗽𝗼𝗿𝘁 𝟬'𝘀.
𝗪𝗵𝗮𝘁𝘀 𝘁𝗵𝗲 𝗶𝗺𝗽𝗮𝗰𝘁?
💸 𝗟𝗼𝘀𝘁 𝘀𝗮𝗹𝗲𝘀
💸 𝗟𝗼𝘀𝘁 𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻
𝗮𝗻𝗱 𝘆𝗼𝘂 𝗱𝗼𝗻'𝘁 𝗲𝘃𝗲𝗻 𝘀𝗲𝗲 𝗶𝘁 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴. 😪
𝗣𝗶𝗰𝗸 𝗮 𝗿𝗲𝘁𝗮𝗶𝗹𝗲𝗿 𝗮𝗻𝗱 𝗶𝘁'𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴. 𝗜𝘁'𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗶𝗻 𝘆𝗼𝘂𝗿...
- Walmart
- Target
- Lowe's Companies, Inc.
- The Home Depot
- Best Buy
- Insert retailer name here
..𝗣𝗢𝗦 𝗱𝗮𝘁𝗮 𝗮𝗻𝗱 𝘆𝗼𝘂 𝗷𝘂𝘀𝘁 𝗱𝗼𝗻'𝘁 𝘀𝗲𝗲 𝗶𝘁.
𝗪𝗮𝘁𝗰𝗵 𝘁𝗵𝗶𝘀 𝗲𝘅𝘁𝗲𝗻𝗱𝗲𝗱 𝟭 𝗺𝗶𝗻𝘂𝘁𝗲 𝘃𝗶𝗱𝗲𝗼 𝘁𝗼 𝗳𝗶𝗻𝗱 𝗼𝘂𝘁 𝘄𝗵𝘆 𝘁𝗵𝗶𝘀 𝗵𝗮𝗽𝗽𝗲𝗻𝘀 𝗮𝗻𝗱 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗱𝗼 𝗮𝗯𝗼𝘂𝘁 𝗶𝘁. 💰 💰 💰 💰 💰 💰
WOW your retailer with insights they don't even know! | POS Data Analysis
WOW your retailer with insights they don't even know! | POS Data Analysis
Are you ready to "WOW" your retailer with insights they don't even know?
Do you ever wonder why a particular store is your best-selling location?
Have you thought about what you could do if you knew all the stores that had top-tier sales potential?
Would it change how you approach each cluster of stores, from your high-potential stores down to those you should have on auto-pilot?
It would likely change everything. Don't you think?
You would invest more marketing and promotional dollars in these high-potential stores, alter your plan-o-gram to carry more products and allocate and adjust your inventory accordingly.
Imagine creating a new data-backed strategy for each one of your retailer's store clusters and blowing your buyers mind.
Your retailer will finally listen to you, won't they?
Listen to Retail Data Scientist, Zack Pike, with Ryan Smits, and host, Doug "The POS Data Guy" Murless to hear how they are helping retail suppliers wow their retail partners with bulletproof strategy that puts them on the edge of their seat.
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