Bilytica #1 BI Consulting Services in Pakistan One of the biggest sales drivers in retail is the creation of a floor plan that is conducive to sales. Space on the floor is limited and maximizing revenue per square foot is vital to making a profit. BI eliminates the conjectures of having a correct floor plan. Using BI knowledge, store managers can not only tell where customers spend most of their time in the store (by tracking the “wait time”), but they can also identify products and screens that move slowly and they are not attracting the customer’s attention. This allows managers to not only create screens and sales to help drive the slow-moving product, but also to plan a floor design to better drive traffic to the right places. To see an example of the possibilities, see this short video that details how BI can help identify the “hot spots” on the sales floor and help managers change a floor plan to better attract customers, boost the Slower moving product and boost sales.
Bilytica #1 BI Consulting Services in Pakistan
BI Services in Pakistan retail sale of bricks and mortar does not go anywhere soon. It is evolving and is beginning to take advantage of the tools and techniques that have benefited electronic commerce in recent years. By leveraging BI, organizations can make their brick and mortar retail experience highly personalized, data-driven, customer-friendly and attractive while improving operational efficiency. As BI continues to mature in the retail space, we will see continued growth and adaptation in the market, probably bringing the level of intelligence in the retail brick and mortar pair, or exceeding that found online . In the next few years, wearables for sales people can allow them to react and interact with customers based on data inputs from nearby beacons and sensors. Regardless of what the future may hold, it is clear that retailers who adopt a data driven and BI-based retail approach are well positioned to compete in the future.
