Technological innovation has given a formidable acceleration to the transformation of entire sectors, giving strength to a series of economic, social and cultural changes: the affirmation of alternative consumption models to the traditional ones, the emergence of a new consumer status , more aware and attentive. Therefore, The driving force behind these radical transformations, which are profoundly reshaping the Retail market , are all the processes through which organizations collect, clean. Categorize, interpret and model the data arriving from a myriad of sources.
The democratization of data
The cornerstone of a corporate culture that Mexico Mobile Number Database breaks down information. Silos to create and share widespread knowledge between. The different functions – is no longer an eventuality to be grasped but rather a real need. To orient yourself within a potentially. Therefore, Infinite and chaotic ecosystem of information, it is necessary to rely on retail kpis (retail key performance indicators) which allow you to map the performance of business activities . The ultimate aim is to enable the company’s people to make the best decisions. Suggesting useful insights to execute a defined commercial strategy . The metrics that we decide to use to carry out our measurements. Must always be perfectly integrated within strategies designed to achieve certain results.
Increase sales volume and
Maximize results on every touch point. Therefore, In order to choose the most suitable retail kpis for capturing and translating the available data into comprehensible forms. The first step to take is to define the business objectives : be they the growth of the sales team or the Latvia Phone Number List optimization of spaces (store brick -and-mortar or ecommerce sites). The increase and qualification of online accesses or the growth of conversions, just to name a few. Only starting from a reflection of this type will it be possible to choose the kpis with which to keep track of the company’s performance. The point is that retail kpis and business objectives always proceed together .
