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Footfall is Coming Game of Thrones Studio Tour opening month sees sales spike at The Boulevard

A1 Retail

A month on from opening Average Transaction Value (ATV) is up +37% compared to 2020, signalling a significantly greater spend from shoppers when on site. The Boulevard, Northern Ireland’s only designer outlet, is adjacent to the attraction’s Park and Ride facility, has reported an increase of +8.3% compared to the same period in 2020*.

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The O2 celebrates a successful year of trade across the destination

A1 Retail

The O 2 was also proud to host the 2022 Laver Cup and Roger Federer’s last ever professional match, which saw a significant surge in both footfall and ATV across the destination, resulting in the highest ever combined sales results across outlet shopping, leisure and F&B at The O 2.

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KPIs In Retail: 7 Essential Metrics to Level Up Your Retail Game

V Count

Average transaction value (ATV) This metric helps you better understand how much shoppers spend in your store on average. A higher average transaction value (ATV) means that shoppers are buying your more expensive products or that they’re buying larger quantities. Your sales associates should be able to: . CE-CN)/CS)) x 100.

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From Foot Traffic to Sales: The Role of Shopper Yield in Retail Success

V Count

Shopper Yield = Conversion x ATV Bearing a comprehensive approach, retailers can optimize their marketing strategies to improve their customers’ in-store experiences and maximize the store’s overall revenue. A store’s Shopper Yield is determined by multiplying its Conversion by its Average Transaction Value.

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From Foot Traffic to Sales: The Role of Shopper Yield in Retail Success

V Count

Shopper Yield = Conversion x ATV Bearing a comprehensive approach, retailers can optimize their marketing strategies to improve their customers’ in-store experiences and maximize the store’s overall revenue. A store’s Shopper Yield is determined by multiplying its Conversion by its Average Transaction Value.

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From Training to Recognition: Practical Tips for Improved Employee Performance

V Count

Considering how online sales growth is coming down from pandemic-driven highs, and customers are returning to retail stores, it’s the perfect time to develop new strategies to reach and engage with them, but more importantly, as a decision-maker, you need to ensure they come back for more and recommend your store to their family members and friends.

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How V-Count’s Business Intelligence Platform Transforms Data Into Actionable Insights

V Count

Furthermore, it reduces your management and operational costs, keeps your devices up to date automatically, and requires little to no effort on your part. You need to know how your store performs across several other key metrics like ATV, sales, conversion rate, in and out traffic, and more. Does Your Business Need People Counting?

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