Understaffing costs more than overstaffing – Retail staff scheduling to maximise profits
Researchers surveying 41 retail stores found that all of them were systematically understaffed during peak hours, affecting sales and profitability.
Read moreResearchers surveying 41 retail stores found that all of them were systematically understaffed during peak hours, affecting sales and profitability.
Read moreA small increase in sales conversion leads to a significant increase in sales, even when no other factors are changed.
Read moreDo your shop window displays attract customers? Are you sure? Video recognition technology tells you exactly how many people looked at the shop window, for how long and what percentage of them actually entered the shop. People can be tracked around the store and you can see if browsers turned into customers.
Video systems give over 98% accurate measurements of customer engagement and response, so retailers can improve displays and test exactly what converts browsers into buyers. Importantly, managers are also very quickly informed when shop window displays are failing to attract customers.
Read moreChain of retail stores sees occupancy counter over the web for each store, area and, privileges permitting, the entire chain. Alerts are tweeted when a store is busy.
Read moreHealthguard is a successful chain of pharmaceutical stores across Sri Lanka. Continually looking to increase sales and performance, they turned
Read moreAnalysing the average shopping time proved to be the key to solving the mystery of the underperforming supermarket, significantly increasing the number of items people buy on each shopping trip
Read moreResearch from Google investigates the impact of internet searches on high street shopping. According to their report, the retail industry
Read moreE-commerce stores can’t survive without counting visitors and analysing key performance indicators, but relatively few bricks and mortar businesses count
Read moreRetailer sets rolling sales conversion targets using 5-minute footfall counts and significantly increases sales.
Read more70% of Retailers plan to invest in IoT by 2021 71% intend to install sensors to track customers’ footpaths 75%
Read moreWith a Retail Sensing footfall counting system, the Edinburgh Woollen Mill now has the knowledge to increase performances across clusters of stores resulting in larger profits and increased revenue.
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