Retail sales analysis software nse,search engine optimization video tutorials,free movie software for windows 10 youtube,social tube p2passisted video sharing in online social networks - 2016 Feature

On a daily basis, retailers generate sales data that can tell them quite a bit if put under analysis.
With the advent of new technology, retailers have the ability to analyse and use this data to improve retail productivity. These data allow a retailer to target their customers more effectively by campaigns, to improve response time to market changes, to increase employee productivity and to improve customer service at stores.
In order to remain competitive, retailers need to enhance their product offerings, service levels and pricing models.
At the same time, being in the store and interacting with your employees and customers can give you a physical sense of what happens daily in your store. Combining the two subsets of sales data will be the best use of all of the information coming into your store on a daily basis!
The week in words and numbers, April 29, 2016: 11,000 BHS employees stand to lose jobs plus key quotes from this week’s news stories.
Snapchat has millions of users worldwide and the business recently announced that ecommerce functions might be just around the corner. Retail Week and Manhattan Associates investigate the role of technology in the evolving retailer-customer relationship in a new report. Tesco’s new superstore in Bicester offers progress and efficiency for the town’s rapidly expanding population. Guests enjoying the Retail Week Awards with Oracle 2016 at the Grosvenor House Hotel in London. The Office for National Statistics releases its Retail Sales Inquiry on a monthly basis, tracking the volume and value of UK retail sales.
Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. SWOT Analysis is a technique we can use to understand the Strengths, Weakness, Opportunities, and Threats being faced in order to achieve a particular objective. What gives SWOT analysis its power is that it enables us to very quickly find opportunities that we are actually well positioned to exploit.
In a business context, SWOT helps you to construct a strategy which aligns opportunities and your strengths, so you can effectively differentiate yourself from your competitors, while at the same time mitigating potential threats facing this strategy.
SWOT analysis doesn’t just have to be used to determine the direction of the whole organisation, it could also be used at a product level, a marketing plan level, or even a project level.


Let’s examine what we mean by Strengths, Weaknesses, Opportunities, and Threats in turn, before moving on to work through an example, with the aim of giving you a thorough understanding of SWOT analysis. By strengths we mean the resources, products, and capabilities available which enable you to achieve a competitive advantage. Weaknesses are obviously the opposite of strengths, or even just the absence of strengths in particular areas.
Can you determine your competitor’s strategy and how much should you be worried about this? What barriers are in your way preventing you from getting to where you want to be, and can these be overcome? To help you gather your SWOT data you may want to consider using Brainstorming or the Delphi Technique (these are described in the article on Identifying Risks). Once you have a list of bullet points under each item of the SWOT, prioritise them so the most important is at the top and the least important at the bottom. One area where a SWOT analysis can be powerful, is that it can help an organization understand that it should’t necessarily chase the most lucrative idea.
Focus on providing customers with a great price and great customer service: introduce telephone based customer service.
Can you think of any other strategies the bookstore may want to consider based on the SWOT matrix?
In summary, SWOT analysis facilitates the creation of a strategy by examining strengths, weaknesses, opportunities, and threats. Let us take the burden of sales analysis off of your hands, while providing you with valuable insight that can only come from years of experience working with Walmart and Retail Link®. You have better things to do than pour over volumes of sales, supply chain, and forecast data. Data analytics gives a summary on top performers, bottom performers, key value items, sales performance, forecasting, trend and seasonality, in other words, all of the things that daily keep you profitable.
While analysis may say one thing, remember that the voices of your customers, their concerns and requests, give you a concrete set of data to use in purchasing and marketing decisions.
Strategic Planning can be thought of as the process an organisation uses to define it’s strategy, that is, it’s future course.
SWOT analysis can be used in a number of contexts, covering both organizations and our personal lives.


Additionally, by understanding your weak areas and external threats, you can take steps to manage those that might not have otherwise been obvious. Another way to approach this is to examine your already completed strengths and determine if any of them could evolve into opportunities. Instead there might be better ways to create competitive advantage within the marketplace, that is, where aproaching opportunities seem to fit with your strengths, and the opposition are moving in a different direction so that the visible threats are minimal. Offset the cost of this by moving the distribution centre out of the city centre so it operates on a lower cost base.
Aim to achieve time limited exclusive distribution rights (can we sell an eBook exclusively 1-week before anyone else if we can promise certain volumes?). BUT, it is difficult for a retailer to make strategic decisions based on this raw data alone. Unfortunately small and midsize retailers have limited resources to be able to do this analysis on the regular basis that they need. SWOT works by examining internal factors (Strengths and Weaknesses) and external factors (Opportunities and Threats) impacting on the objective. Additionally, you could examine your weaknesses to see if resolving any of them would lead to opportunities.
We’ll first collect the data and then, based on this, propose two potential strategies. It’s power comes from it’s ability to help us carve out competitive advantage. They are also relatively simple to perform.
Our analysts have a combined 26 years of experience in retail sales analysis, 15 of those years dealing specifically with Walmart and Retail Link®. We could use SWOT analysis on ourselves personally, for example, to examine our career, thus helping us to create a compelling career based on our capabilities and personal tastes matched to the opportunities in the marketplace, all the while keeping a keen eye on the threats facing us or weaknesses we might have. If you’re running a project or a program, why not see if there are any obvious improvements which can be made to it by working with your team to perform a SWOT analysis.



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