Retail Sales and Product Insights
A Systech Partner Solution
Know your Business from Customer to Cash Register:
Retailers must find innovative methods to attract new customers, hold on to existing ones, cut costs, and improve organizational efficiency. Solutions must complement specific core competencies, key values, and business strategy.
At Systech, we understand the complexities of the Retail industry. Retail Insights™ includes analytical applications for distribution, merchandising, allocation, planning, point of sale, and warehousing. A web-based Business Intelligence tool, Retail Insights helps decision makers learn the dollar value of specific products and customers, resulting in efficient operations and significantly higher margins.
Retail Sales and Product Insights Applications
Market Basket Analysis:
Comprehending customer buying habits allows for cross-sell and up-sell.
Multi-Dimensional POS Analysis:
Reliable, real time data to analyze all dimensions of the retail business.
One-to-One Marketing:
Benefit from adapting to each customers individual preferences and gain customer
loyalty.
Advertising and Promotion Analysis:
Target campaigns to reach precise market segments to maximize investment.
Pricing Profitability Analysis:
Able to identify exact price points to stimulate the highest profits per item.
Planning and Forecasting:
Analyze sales history and forecast for the future. Merchandising and Allocation: Complete coordination across the entire supply chain to ensure prompt product delivery and distribution to the correct
stores.
Cross Sell and Up Sell:
Helps retailers to analyze customer market baskets to assess product attachment rates, core items, and more to effectively increase sales.
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