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

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Sales per employee Measuring sales per employee is a valuable metric to consider when planning your staff’s schedules and initiatives. This metric can be used when planning your store layout. Improve space planning & store layout. Optimize prices & marketing promotions. net sales/number of employees.

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5 Retail Aspects to Optimize With Visitor Traffic Data

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The operations team and staff members can make data-driven decisions based on various KPIs and metrics at a specific store level to boost conversion rates, increase dwell time, and improve average transaction values (ATV). Merchandise Planning Planning retail merchandising can make or break a brand.

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Boosting Sales in Retail with Experimentation: Storefront Analytics and A/B Testing

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The more data you collect, the more accurate and effective your campaigns and promotions will become, and therefore more sales and, most likely, a higher conversion rate and return on investment as well. In a nutshell, it refers to comparing two different versions of a strategy (can be a marketing campaign, a sales promotion, etc.)

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From Training to Recognition: Practical Tips for Improved Employee Performance

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This way, you can discover which of your employees are great with customers and which ones are more suited for less customer-facing objectives and plan your schedule accordingly. Building a team and improving employee productivity requires planning, dedication, effort, and, most importantly, patience.

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Back to school, back to learning or will it simply be back to home?

Retail Next

Net sales are still suffering, -26% to LY but we are consistently seeing improvement, and conversion (CVR), shopper yield (SY), average transaction value (ATV), and units per transaction (UPT) all continue to be positive to LY. As a consumer, I always look forward to the January and July sales.

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