Mere 29% retailers are successful at connecting analytics to action. Are you included?

Retail Analytics

Want to streamline merchandising & sales effectiveness?

Lack of synergy between multiple retails ops engine, disconnected, silo occurrence of data and insights across different functions stumps retailers’ effort of effecting accurate productivity & ROI co-relation analysis. More so, inability to identify growth drivers at store level, sub-optimal sales conversion vis-à-vis store footfall, failure in establishing sales authenticity and ‘loss of sales’ are the burden that retailers face on failure to leverage the right retail analytics solution. Then, the endeavour to deliver exemplary customer experience and accelerate ROI at the best is – doomed!

Retail analytics – leverage the power of insights for accelerated revenue

Leveraging data analytics and driving efficiencies in retail ecosystem

Time for intelligent insights

Precision in Analytics relies heavily upon data quality and data-logic and an effective implementation help beef up retailers’ revenue while reducing revenue leakage. Denave’s retail analytics service leverages expertise in data science and advanced analytics to achieve an integrated view of all retail engines. It makes identification of growth drivers, prevention of loss of sales, footfall forecasting, efficient customer engagement model, merchandising and promotion effectiveness mapping – all a reality! In-depth merchandizing analytics, efficient data assessment, standardization & integration and effective monitoring and feedback mechanisms create sustainable improvement loop across all retail actions optimising resources and maximising ROI.

Recognitions

IDC I.C.O.N.I.C Insights Awards 2017

Denave wins the IDC I.C.O.N.I.C Insights Awards 2017 for its Integrated Analytics Platform

Our Edge

Identify growth drivers - Leverage analytics for spotting what works and what needs correction
Beyond regular tech - Use the power of data sciences, advanced analytics & what-if simulations for problem solving
Visualition and real-time insights - KPI dashboards, infographics, etc. in easy to understand format and gain real-time actionable inputs for operational excellence & performance optimization
Data Security - While data transformation takes place, security measures kick-in enabling controlled access to prevent any corruption

Intelligent Data Assessment

Access to clean, structured & standardised data which is maintained via regular checks.

Nextgen Data Integration

Language & location agnostic data standardisation with normalisation techniques applied as per business rules.

Data visualisation

Instantaneous spotting of trends and outlier for efficient decision-making. Holistic view of the market with customer, competitors and operational insights.