LONDON–(BUSINESS WIRE)–#Analytics–A global data analytics and advisory firm, Quantzig, has announced the completion of their latest merchandising analytics engagement for a consumer electronics retail company. During the course of this engagement, the analytics experts at Quantzig helped a leading consumer electronics retail company based out of Canada to break data silos and gain an in-depth understanding of cross-department data sets.
Quantzig is well-known for helping its clients for over 15 years across the globe with its retail and merchandising analytics capabilities. Our merchandising analytics solutions help businesses optimize merchandise assortment and store-front layout, track new product performance, optimize markdowns and promotions, and improve margins. Also, Quantzig’s merchandising solutions offer relevant information for strategic planning to improve store performance.
The Business Problem: The client, a Canadian consumer electronics retailer, was finding it difficult to create more efficient and lucrative pathways to decisive, profit-driven actions. Also, they wanted to develop customized merchandising plans and assortment optimization strategies to improve sales, enhance customer satisfaction, and optimize store layouts.
This case study explains how we helped a Canadian consumer electronics retailer to identify and capitalize on previously uncovered cross-merchandising opportunities to increase multichannel profitability and expand the global customer base.
Our merchandising analytics solutions help companies to identify optimal product combinations preferred by customers and optimize their promotional activities. Request a free proposal to gain in-depth insights into our portfolio of analytics solutions.
The Solution Offered: Our experts adopted a comprehensive two-step approach to help the client redesign business processes and assortment planning to improve their digital visibility. The solution offered helped the client to align their merchandising decisions with customer expectations and business goals. Also, with the help of our retail merchandising analytics solutions, the consumer electronics retailer was able to gain real-time insights into customer buying behavior based on global sales performance.
Get in touch to know how our merchandising analytics solutions can help you improve decision-making and drive profitable sales and growth.
Quantzig’s merchandising analytics solutions helped the client to:
- Identify and categorize their outlets based on the performance
- Better understand and analyze the effectiveness of their marketing strategies
Quantzig’s merchandising analytics solutions offered predictive insights on:
- Gaining real-time insights into customer buying behavior based on global sales performance
- Aligning merchandising decisions with customer expectations and business goals.
- Learn how we can help you develop better plans to improve MROI. Request a free demo now!
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
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