Remove Article Remove Monitoring Remove Retail
article thumbnail

Managing Seasonal Fluctuations in Retail with Analytics

Smart Data Collective

Data analytics technology has helped retail companies optimize their business models in a number of ways. In this article, we will explore the significance of managing seasonal fluctuations and the strategies businesses can implement. However, monitoring these fluctuations is not merely about keeping track of sales and revenue.

Retail 314
article thumbnail

Investing in Data Solutions To Streamline Your Retail Business

Smart Data Collective

The retail sector, in particular, can benefit immensely from a shift towards a data-driven business model. Big Data Technology is the Key to Simplifying Retail Businesses. As a busy retailer, making your operations run more smoothly and efficiently should be at the top of your to-do list. How can big data help with cleaning?

Retail 280
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AI Leads to Powerful New Fraud Detection Software for E-commerce

Smart Data Collective

E-commerce Fraud: A Digital Dilemma E-commerce fraud involves fraudulent transactions or practices in the realm of online retail. The anonymity and vastness of the internet provide a fertile ground for such fraudulent activities, making e-commerce fraud a significant concern for online retailers.

article thumbnail

Innovative Brands Use Big Data to Improve Sticker Branding

Smart Data Collective

This is especially applicable when it comes to articles covering the intersection between big data and marketing. There have been some exceptions, such as this article from Big Data Made Simple on using data for retail personalization. However, those articles are the exception, so we decided to change things up today.

Big Data 251
article thumbnail

ERP Integration Benefits Data-Savvy eCommerce for Distribution Industry

Smart Data Collective

Doxee has a great article on some of the profound benefits of big data in retail distribution. Through the Internet Of Things, in fact, it is possible to monitor the entry and exit of goods and combine it with the sales trends of certain periods (digitelematica.it).

article thumbnail

Sudden Data Developments Massively Disrupt eCommerce Software Market

Smart Data Collective

Last year, Jasmine Ronald, an author with Towards Data Science, wrote an article showing that big data is changing the direction of the ecommerce market in unexpected ways. This contagious virus has led to the closure of factories, retail stores, airlines, hotels, and more or less, the entire tourism industry. Why is it necessary?

Retail 222
article thumbnail

Here’s How Data Analytics In Sports Is Changing The Game

Smart Data Collective

In this brief article, we explore the impact of data analytics on sports. Most large-scale sports organizations have staff responsible for monitoring digital engagement and online content to boost engagement with a sporting individual or team. Launch monitors in golf are also great for assessing your performance.