Retail Analytics

Use data to innovate, meet changing customer demands, and beat out the competition.

From customer demands that flip on a dime, to the growing predominance of online shopping, and the need for a supply chain that operates at peak efficiency—retailers must be adaptable. And the only way for retailers to evolve and transform along with the pace of the industry is to use their data to understand customer behaviors and market changes.

We help retailers make sense of immense data sets to make informed decisions about all aspects of their operations.

Data and Analytics Services for Retail

With every click and purchase, data is being collected about customers and shoppers. We’ll help you harness data coming from POS systems, ecommerce transactions, supply chain systems, and social media into a single location so you can meet consumer demands, uncover market opportunities, and stay agile in a quickly evolving environment.

Product Availability

Analyze product data by category, supplier and location to ensure you have the right product mix in the correct stores and the right inventory levels to meet demand.

Customer Behavior

Analyze customer purchasing habits across channels and geographic markets, and use this information to adjust product mix, focus marketing efforts, and optimize product pricing according to the market.

Forecasting and Supply Chain Management

Improve purchasing, forecasting, and distribution management. Using traditional and advanced analytics, align order, production, and delivery schedules to consumer demand, and lower costs associated with bloated inventory.

Store Operations

Analyze the performance of stores and franchises by viewing trends in sales, customer traffic, and transactions. Compare stores to identify which locations are performing and which are not.

Optimize Retail Locations

Augment your consumer data with geospatial data to quantify the economic value of each of your physical locations. Using geospatial techniques like indoor mapping, you can optimize the in-store experience based on where and how people shop.

Promotional Optimization

Understand the effectiveness of promotional offers and their impact on sales, inventory, and product availability.

Retail Dashboards

We build intuitive dashboards that help our Retail customers quickly access critical KPIs and get a holistic picture of operations.

Examples of Interactive Dashboards for Retail

The U.S. Retail Industry dashboard visualizes information about the retail industry from 2014 until now, including how the industry is performing relative to National Retail Federation (NRF) industry forecast. Using this dashboard, retail companies, associations, partners, and analysts can visualize short- and long-term data about the retail industry as a whole and each sector within.
Data sourced by the NRF and the U.S. Census Bureau
The Best Buy Financial Performance Dashboard offers more acute analysis on individual company performance. It uses Best Buy as a model and visualizes the company’s financial performance and sentiment over recent months and years. Retail companies can use this type of dashboard to understand company performance at a glance, analyze the relationship between sentiment and company performance, and see how revenue numbers compare to overall industry sales trends
Data sourced by Marketbeat

Featured Customer Stories

“Analytics8 was extremely helpful and responsive. We had spent hours building excel spreadsheets and running cumbersome queries to manually run the data, but Analytics8 was able to automate the process so now our time is spent analyzing and using the data instead of preparing and running the data.” — Director of Finance, Liquor Retailer

What We Do

We’ll help you with the entire data and analytics lifecycle—from strategy to implementation—so you can make sense of your data and use it to solve complex business problems.

Data Strategy Architecture

Data Strategy

Thriving with your data starts with a solid strategy. We help you develop a long-term, guiding plan that defines the people, processes, and technology you need to put in place so you can start using your data to achieve your business goals.

Data Management

Cloud-based, on-premises, and hybrid–we build secure and flexible data architectures to serve as the foundation you need to take advantage of all of your data.

Analytics

We implement modern BI solutions so you can automate manual processes, turn data into insights, improve data quality, clearly communicate complex data, and predict trends and behavior.