13 Sep The unthinkable has happened, Syenap’s retail analytics just got better!
When it was first launched, Syenap revolutionised retail analytics. Many other companies would be satisfied with this legacy, but we’re not ones to rest on our laurels. We wouldn’t be industry leaders if we weren’t constantly ahead of the curve.
On that note, we’ve put together a 2-blog series to highlight some of the revolutionary components being released in the coming weeks that are (once again) set to revolutionise retail analytics. First up is:
Prediction
By using heavy time series algorithms, we are now able to predict future activity in the store by hour, day, week or even month. No, we’re not psychic, just really, really good at what we do.
With Syenap, you can predict:
- How many customers will visit your store or mall
- How many conversions there will be
- How many transactions there will be (and their value!)
- How many people will enter a queue
This new component allows you to gauge activity and how it will impact your store performance in the future. Just imagine how many opportunities this opens up.
Here’s a glimpse into the type of data you will have at your fingertips:
Our next blog will show you how this data is used to manage staffing for optimal store performance. Or, if you can’t wait until then, click here to get one of our consultants to contact you about these features.
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