ClicData for Retail & Consumer Goods
Selling products directly to consumers through various channels, including physical stores and e-commerce platforms, this sector encompasses a wide range of industries and is highly competitive, constantly adapting to changing consumer preferences.
Fast Data Acquisition,
Faster Decisions
The retail and consumer goods sector is highly competitive, and companies need to be able to make data-driven decisions to stay ahead of the curve. That's where ClicData comes in. ClicData is a cloud-based data management and analytics platform that provides companies in the retail and consumer goods sector with a range of benefits that help them gain insights into their data and make informed decisions.
Benefits
Powerful Analytics Capabilities
ClicData provides companies with a range of powerful analytics capabilities that allow them to quickly and easily analyze their data. From interactive dashboards and reports to advanced data visualization tools, ClicData gives companies the insights they need to make informed decisions about their business.
Collaboration and Sharing
ClicData makes it easy for teams to collaborate and share data, helping companies to make better decisions. Teams can easily share dashboards and reports, allowing everyone to stay on the same page and make decisions based on the same information.
Real-time Insights
ClicData provides real-time insights into data, allowing companies to quickly respond to changes in the market. With real-time data, companies can make informed decisions and take action quickly, helping them to stay ahead of the competition.
Key Performance Indicators and Metrics
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Sales
The amount of revenue generated from the sale of products over a specific period.
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Inventory
The number of times inventory is sold and replaced within a specific period.
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Profitability
Gross and net margin, cost of goods sold (COGS), net income and more.
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Pricing
Pricing metrics may include average selling price, price elasticity of demand, price gap analysis, and discount rate.
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Conversion Rate
The percentage of website visitors or in-store shoppers who make a purchase.
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Return on investment (ROI)
The amount of return or profit generated from an investment in the business.
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Traffic
Whether it is foot traffic or web traffic, this metric is important and can be extended to measure specific areas of the store or pages/product categories on a web site to provide more focused information.
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Orders
Metrics such as Average Order Value (AOV), shipping and payment times, seasonality.
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Customer Retention
The percentage of customers who continue to make purchases from the business over time.
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Market share
The percentage of total sales against your comeptitors.
Retail and Consumer Goods Dashboards
Customer Stories
Marsham International Foodbrokers
Marsham International Food Brokers chose ClicData to facilitate their data consolidation and management. They now can connect, cleanse their data, build and share their dashboards with a single tool.
Resources
3 Business Intelligence Opportunities For Omnichannel Retailers
Every key player in the retail industry has moved or is trying to move to a data-driven organization. To be truly successful in giving customers…
Data in retail: How to improve your inventory management in 2023
Managing inventory for e-commerce or retail businesses is a challenge due to their vast array of products,…
5 Trends Shaping The Future of Retail
Be a Leader in the Retail Industry Omnichannel CX is back! Increasing Demand for Forecasting & Predictive…
Helping thousands of data-driven companies
Every day we publish thousands of dashboards, process billions of rows, store terabytes of data for companies just like yours.
