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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.

ATV 52
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How V-Count’s Business Intelligence Platform Transforms Data Into Actionable Insights

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In other words, shopper yield (also known as customer yield) determines the capital volume of a store by the number of customers who walk through the door; it benchmarks and measures ROI (return on investment), marketing, advertising, and a few other core metrics depending on the type of business.

ATV 52