A premier analytics solutions provider, Quantzig, has announced the completion of its latest storefront layout engagement for a supermarket. This success story offers comprehensive insights into the solutions and analytical methodologies that helped the client achieve a 30% increase in sales.
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Supermarket increases sales by 30% leveraging storefront analytics (Graphic: Business Wire)
As a retailer, it’s essential to measure your customer’s shopping behavior and understand what’s happening in your store to improve customer experiences. Storefront layout analytics solutions offer insights that will help you optimize your store layout, improve merchandising, enhance promotional offers, predict staff scheduling requirements, and measure customer waiting time.
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The Business Problem: The client wanted to evaluate the potential store floor format options and understand which option provided the best growth opportunity. The client was facing stagnation issues in most of its outlets leading to a drop in revenue. To tackle this situation and improve revenues, the client wanted to implement new store concepts that could enable higher sales and revenue.
“The rebirth of retail outlets after years of digital disruption and economic challenges is possible if retailers can contend for their consumers’ attention, and in return, drive value. One way to do this is to design a digital and physical store layout that captures the attention of consumers today,” says a storefront layout analytics expert from Quantzig.
Contact our experts to know how storefront layout analytics can help you unravel new opportunities to drive growth.
The Solution Offered: We conducted a complete assessment of the client’s existing store format to gain insights on potential strengths and limiting factors. This information was combined with results from data analysis of customer data to develop insights on the correlation between customer perceptions and the store layout. We used cluster analytics for identification of the most profitable customer segments and evaluated the potential of different floor format options in relation to the identified customer segments. Based on this analysis, we recommended on implementation of the store format that had potential to achieve maximum profitability.
Quantzig’s storefront layout analytics solutions helped the client to:
- Increase sales by 30%
- Request a free demo to gain exclusive platform insights.
Quantzig’s storefront layout analytics solutions offered predictive insights on:
- Traffic queues and pattern analysis
- Shelf space optimization
- Request for more information to gain comprehensive insights into our analytics solution portfolio.
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit: https://www.quantzig.com/request-for-proposal