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Top 7 Ways to Leverage Business Intelligence for ECommerce

Daffodil Software

Compared to traditional brick-and-mortar retail stores, digital retail or e-commerce apps and websites are at an advantage because of the vast amounts of data they produce and also work with.

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The Very Group adopts a data catalog to better organize and leverage its online retail capabilities

CIO

Its constituent companies later moved into high-street retail, launched new mail-order brands selling clothing on credit, and even created a consumer financial data broker, later spun off like so many of the group’s other non-core activities. The new model enables Very to design once and deploy everywhere, while maintaining a product focus.

Retail 245
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Leaning into Retail’s Challenges with Digital Transformation

CIO

Digital transformation initiatives have picked up in the retail sector in recent years as store chains compete for brand awareness and sales in a rapidly evolving market. By 2026, retailers’ global investments in digital transformation tools are expected to reach $388 billion , growing by 18% a year. And online ordering accelerated.

Retail 363
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Know Your Customer, Grow Your Business: The Significance of Customer Strategy and Segmentation in Retail

Perficient

Despite surviving both the Great Depression and the Great Recession, not even enduring luxury retail giant Nieman Marcus could escape COVID-19’s interruption of indoor shopping. The 115-year-old luxury retailer would laser-focus on their most profitable market: millionaires.

Retail 59
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Retail Deposits: Analyzing Deposit Stickiness in the Current Interest Rate Environment

Perficient

Now, we will delve into the stability of retail deposits from the same bank over the same timeframe, determining whether they were resilient compared to transaction accounts. As illustrated in the table below, retail deposit balances experienced a decline in every quarter, albeit not as sharply as transaction accounts.

Retail 52
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How to evolve your DTC startup’s data strategy and identify critical metrics

TechCrunch

We’re generally big fans of plug-and-play business intelligence tools, but they won’t scale with your business. It’s not uncommon for such dashboards to report the pre-discounted retail amount for orders in which a customer used a promo code at checkout. Don’t rely on them after you’ve outgrown them.

Metrics 245
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How Pick n Pay’s migration to the cloud is paying off

CIO

Pick n Pay’s bold plan to modernize infrastructure and drive efficiency is beginning to pay dividends as its migration to AWS was successfully completed last year, signaling the digital ambitions of this retail giant. year-to-date, with on-demand year-to-date growth in excess of 100%. That was really the catalyst.” billion ($5.3

Cloud 246