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

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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 Training to Recognition: Practical Tips for Improved Employee Performance

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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

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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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