Retail Analytics Guide for Executives + Glossary
In an era where every shopper’s click is a data point, retail analytics isn’t a ‘nice-to-have’; it’s the foundation of modern retail success.
- With a current valuation of USD 5.26 Billion, the retail analytics market is projected to skyrocket to USD 18.33 Billion by 2028.
- A staggering 91% of customers gravitate towards brands that align with their unique preferences, emphasizing the critical role of retail analytics in personalization.
- As of now, 40% of retailers have implemented AI in their analytics, and this number is set to double by 2025, revolutionizing the retail industry.
What you’ll gain from this guide:
- The foundational steps for anyone starting out in retail analytics.
- Learn the key benefits and challenges you may encounter in your retail analytics journey.
- The must-watch KPIs crucial for retail success.
- A detailed overview to help you select the analytics solution that fits your unique business needs.
- Real-world case studies showcasing the transformative power of retail analytics.
- A set of best practices to ensure that your retail analytics initiatives are impactful.
- Stay ahead with a deep dive into the global trends shaping the future of retail analytics.