Certificate in Retail Analytics for High-Performance
-- ViewingNowThe Certificate in Retail Analytics for High-Performance is a comprehensive course designed to empower learners with essential skills in retail data analysis. This program is crucial in today's data-driven world, where businesses rely heavily on data-based decision-making.
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โข Retail Analytics Fundamentals: Understanding the basics of retail analytics, data collection, and analysis methods.
โข Data Visualization: Techniques for presenting data in a clear and understandable way, including chart creation and interpretation.
โข Market Research: Methods for conducting market research, including surveys and focus groups, and interpreting the results.
โข Customer Analytics: Analyzing customer data to understand purchasing behavior, preferences, and trends.
โข Inventory Management: Techniques for managing inventory levels, including demand forecasting and inventory turnover analysis.
โข Sales Analytics: Analyzing sales data to identify trends, opportunities, and areas for improvement.
โข Retail Math: Understanding key retail metrics, such as margin, markdowns, and stock turn, and how to use them to make informed decisions.
โข Retail Technology: An overview of the various technologies used in retail analytics, including point of sale (POS) systems, customer relationship management (CRM) software, and data warehousing solutions.
โข Performance Metrics: Defining and tracking performance metrics, such as conversion rate, average order value, and customer lifetime value.
โข Data-Driven Decision Making: Applying retail analytics concepts and techniques to real-world business scenarios, and making data-driven decisions.
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