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Retail research methodology

Have you ever walked into a store and wondered why certain products are placed in specific aisles? Or maybe you've questioned why some retailers offer discounts at particular times of the year. Well, wonder no more, because that's where retail research comes into play! Retail research is the process of examining consumer behavior, market trends, and industry standards to help businesses make informed decisions. From surveys to focus groups and everything in between, there are several types of retail research methods available.

Business Intelligence, Retail Industry, and Multi-Market Competition

As a retail business owner, you want to create products that help people and businesses grow. You want to provide products that are innovative and useful, of top quality and affordable so your customers will come back. But the real problem is that there are thousands of online retailers, who all appear to be competing vigorously against your own business. So how do you differentiate yourself from the others and emerge victorious? Uncovering the most important business intelligence opportunities is the focus of this strategy. This involves tracking end-to-end processes, collecting as much data as possible, and then processing it to produce the most insightful information. For example, BI can track how customers interact with your stores, & this information can be used to enhance customers’ shopping experience making them your loyal customer & generating a series of repeat purchases which boost your revenue – the golden bird which we all eye. With the help of Successful BI Strategy, retailers can make smart, efficient decisions allowing businesses to quickly alter prices or change merchandise offerings.

Comparing the distribution systems used by small companies and multinationals

Comparing the distribution systems used by small companies and multinationals.

Centralized marketing and international brands- Is it a good idea?

As a millennial in the retail industry, I am a sensory-driven person. The best way to sell an item is to make it look great, smell good, and taste amazing. Food sample stations throughout Whole Foods are a great example of this concept. You may not have come in looking for vegan muffins, but if you get a taste, you might not leave the store without them. Sephora’s makeovers are another perfect case study of retailers offering demos. Shoppers who come in to buy foundation might just fall in love with the lip stain employees put on them.

Research thinking vs Design thinking

Research thinking vs. Design thinking

Communication Skills and Professionalism

How to Use Content to Improve Email Subscription Rates

Email unsubscribe rates are a sign of a valuable brand and the success of your marketing strategy. If these numbers are going down, it’s likely because you are working to keep someone who was on the fence from leaving. Take the time to understand why they’re leaving and what can be done to appeal to them again! With the email marketing service, you can provide a direct line of communication between your company and website visitors. You can create awareness and encourage subscribers to subscribe by sending them information and updates on your blog. There are also ways you can let people know when they login that there is an exciting offer or discount available.

UI/UX Research test

Business Intelligence and Knowledge Management Differences

With an ever increasing volume of available information, how can one keep up and make use of it? And with so many tools, how can one differentiate between them? The Isseo team of developers has combined innovation with practicality to provide an all new way for you to find the right resources. We designed a highly sophisticated system that allows users to relocate your data in the cloud, while still allowing easy access via a mobile connection or directly from your desktop computer. Information simply has to be accessible – gathering, managing and utilizing information is an inevitable part of running any modern business. If you can’t get it, you can’t manage it, and if you can’t manage it, how do you effectively communicate your message? Two industries we serve with information management: Business Intelligence (BI) and Knowledge Management (KM). BI provides the tools and techniques to gain insight from data and information, especially those stored in various structures such as databases and retrieved on different platforms. KM is about creating, keeping, sharing and applying knowledge through business processes.