Executive Development Programme Retail Analytics for Growth
-- ViewingNowThe Executive Development Programme in Retail Analytics for Growth certificate course is a professional development program designed to equip learners with essential skills in retail analytics. This course is crucial in today's retail industry, where data-driven decision-making is vital for business growth and success.
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โข Retail Analytics Fundamentals: Understanding the basics of retail analytics, data-driven decision making, and performance measurement.
โข Data Management: Data collection, cleaning, and validation for accurate and reliable analytics.
โข Customer Analytics: Analyzing customer behavior, preferences, and trends to drive customer-centric strategies.
โข Market Basket Analysis: Identifying patterns in customer purchasing behavior to optimize product assortment and promotions.
โข Inventory Management: Using analytics to optimize inventory levels, reduce stockouts, and minimize excess inventory.
โข Sales Forecasting: Utilizing historical data and predictive analytics to forecast sales and demand.
โข Location Analytics: Analyzing store locations and market potential for growth opportunities.
โข Price Optimization: Using analytics to set optimal prices, maximize revenue, and improve profitability.
โข Performance Metrics: Measuring and tracking key performance indicators (KPIs) to evaluate retail analytics effectiveness.
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