Analysts Corner
JANUARY 11, 2025
The process of descriptive analysis [own elaboration] For example, a business analyst working in retail uses descriptive analytics to analyze sales data from the past year. This analysis helps the retailer understand historical sales trends and customer behaviour, which can be used to inform inventory management and marketing strategies.
Domo
JUNE 25, 2014
Fresh off of a great event for Domo at IRCE 2014 in Chicago, I thought I would share a few thoughts and observations that shaped many of the conversations we had with people stopping by to meet us. Abundance—or overabundance—of “solutions” The size of the show was impressive with many new offerings for retailers.
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Domo
MAY 20, 2014
Some recent stats show another startling shift in the world of retail—about 15% of US malls will fail or be converted into non-retail space within the next 10 years, according to Green Street Advisors. Retail consultant Howard Davidowitz also expects as much as 50% of America’s shopping malls to fail in as little as 15 – 20 years.
Domo
JULY 31, 2019
The United States is, by any measure, a retail wonderland. 2 That translates into six times more retail space per person than exists in Europe or Japan. Retail’s huge impact on the U.S. economy can be seen in employment numbers, with two-thirds of states ranking retail as their largest occupation. million U.S. workforce.
Domo
JUNE 6, 2014
For years now retailers and shopper marketing… [link] May 27, 2014 According to McCann’s Truth Central research unit, “Precision targeting has resulted in shoppers feeling that they may be missing out on things they’d like to discover and purchase.” Is Big Data Helping Or Hurting The Shopper Experience?
Domo
MARCH 13, 2014
Retailers, big data, smart pills and sharing your secrets with interns—everything you need to know is in this week’s Twitter round-up: Focused on Big Data? Why data visualization is the future [link] — Forbes (@Forbes) March 11, 2014 According to Forbes, big data isn’t the future—data visualization is. It will change retail.
Domo
OCTOBER 21, 2014
That spells opportunity for the mobile-savvy retailer. Here are three ways retailers can make the most of their mobile audience: 1. Your mobile website is more likely to be the face of your retail organization than even your retail location or your desktop site. billion in 2014—up 37.2% Target based on analytics.
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