This document discusses analyzing retail store performance through an analytical dashboard. It aims to show business performance metrics like sales, top products, and best performing regions and managers. Key performance indicators for retail stores that will be measured include sales per square foot, year-over-year sales, cost of goods sold, online vs in-store sales, shrinkage, and gross margin return on investment. The dashboard will allow filtering data by these metrics and dimensions like region to understand store performance.
This document discusses analyzing retail store performance through an analytical dashboard. It aims to show business performance metrics like sales, top products, and best performing regions and managers. Key performance indicators for retail stores that will be measured include sales per square foot, year-over-year sales, cost of goods sold, online vs in-store sales, shrinkage, and gross margin return on investment. The dashboard will allow filtering data by these metrics and dimensions like region to understand store performance.
This document discusses analyzing retail store performance through an analytical dashboard. It aims to show business performance metrics like sales, top products, and best performing regions and managers. Key performance indicators for retail stores that will be measured include sales per square foot, year-over-year sales, cost of goods sold, online vs in-store sales, shrinkage, and gross margin return on investment. The dashboard will allow filtering data by these metrics and dimensions like region to understand store performance.
Project co-ordinator:- Bhavani Shankar Panda HOD:-Dr. Bandita Sahu ABSTRACT •Retail stores are segmented using socioeconomic characteristics of the trade area. •It is shown that the effects of store environment on store performance vary across segments. •Store performance is measured by a market-based measure-sales and a productivity-based measure-sales per square feet. •The purpose of this project is to design and implement a analytical dashboard for showing the business performance and also to know which products are sold mostly, which are the top regions and managers/market performance. OBJECTIVE • Customer Satisfaction. • Establish A Productive Community. • Enhance Brand Awareness. • Traffic building means that use a method of promotion of product to build customer interest. • Physical Layout play a vital role for any store-based retailers to attract the customers i.e. location of the store , lightning and decoration or arrangement of the store. • Create an Omnichannel Presence. • Keeping pace with technology. HOW TO INCREASE RETAIL SALES? • Make customers feel safe in your store. • Ensure that your store shows up in online search results. • Hire and develop employees who can provide exceptional customer experiences. • Display your local inventory in google search and maps • Promote the product to build customer interest. • Eliminate the wait KEY KPIS IN RETAIL STORE PERFORMANCE • Sales per Square Foot • Year-Over-Year Sales • Cost of Goods Sold(COGS) • Online vs In-Store Sales • Shrinkage • Gross Margin Return on Investment (GMROI) SYSTEM DESIGN NAVIGATION RS PERFORMANCE REGION FILTER