TruRating’s Post

🤯 FACT: The average adult makes around 35,000 daily decisions (Source: Wall Street Journal). As a buyer, merchandiser, or planner, you likely face a plethora of challenging job-related questions daily and are expected to validate your decisions with data. In our recent webinar, we discussed how a retail intelligence solution can simplify decision-making and ensure that your choices consider profit, customers, and competitors. Watch the recording: https://hubs.la/Q02CTrPv0

📊 𝗨𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝗥𝗲𝘁𝗮𝗶𝗹 𝗦𝘂𝗰𝗰𝗲𝘀𝘀: 𝗧𝗵𝗲 𝗣𝗼𝘄𝗲𝗿 𝗼𝗳 𝗞𝗲𝘆 𝗥𝗮𝘁𝗶𝗼𝘀📊 At 𝗕𝗿𝗶𝘀𝗸 𝗖𝗮𝗽𝗶𝘁𝗮𝗹, we know that in the dynamic world of retail chains, understanding critical performance metrics is essential. Here’s a quick look at some key ratios that drive informed analysis: 𝗦𝗮𝗺𝗲-𝗦𝘁𝗼𝗿𝗲 𝗦𝗮𝗹𝗲𝘀 𝗚𝗿𝗼𝘄𝘁𝗵: Measures revenue growth in established stores, reflecting organic growth and customer loyalty without new store additions. 𝗦𝗮𝗹𝗲𝘀 𝗽𝗲𝗿 𝗦𝗾𝘂𝗮𝗿𝗲 𝗙𝗼𝗼𝘁: Evaluates revenue efficiency relative to store size, showcasing how well space is utilized to generate sales. 𝗜𝗻𝘃𝗲𝗻𝘁𝗼𝗿𝘆 𝗧𝘂𝗿𝗻𝗼𝘃𝗲𝗿: Indicates how frequently inventory is sold and replenished, highlighting efficient inventory management and responsiveness to demand. These metrics provide invaluable insights into a retail business's operational and financial health, shaping strategies for sustainable growth and informed investment decisions. At Brisk Capital, we leverage these ratios to optimize portfolio performance and unlock growth opportunities. #BriskCapital #RetailAnalysis #TransactionAdvisory #InvestmentInsights #GrowthMetrics #RetailSuccess

Retail Turnarounds: 7 Keys to Addressing Profit. Rebiz is the global leader in daily retail monitoring and analytics and specializes in providing cutting-edge solutions to optimize your retail performance and reporting. Join them for an exclusive webinar on leveraging data-driven insights to drive growth in your retail business. Measure key data points that directly impact sales and profitability. Identify and resolve issues to improve rep-level conversion rates. Eliminate operational inefficiencies that reduce profits. Click here: https://lnkd.in/gw_p2PEz

Insights from the McDonald's Sales Dashboard ✨ 1️⃣ Global Reach and Strong Sales Performance. - The dashboard highlights McDonald's presence in multiple countries, with the top-performing country contributing 48.53% of total sales. 2️⃣ City-Level Contributions - Sao Paulo and Hong Kong emerge as key contributors among cities, showcasing McDonald's ability to cater to diverse regional demands. 3️⃣ Order Quantity Metrics - A remarkable 215K orders fulfilled so far, reflecting a robust operational capacity. 4️⃣ Discount Analysis - Discounts vary significantly across cities, with key cities leveraging discounts effectively to attract more customers. 5️⃣ Sales Extremes - The highest single sale was 89.06K, demonstrating strong customer loyalty and bulk buying, while the minimum recorded sales show opportunities for growth in underperforming regions. 6️⃣ Diverse Sales Landscape - Latitude and longitude averages indicate a geographically dispersed customer base, emphasizing McDonald's global footprint. 7️⃣ Regional Potential - Countries like Argentina and Australia show promising sales numbers, offering avenues for further growth. 🌟 Special thanks to Dr. Arpit Yadav for his mentorship and support throughout my journey in mastering dashboards and data visualization! This project wouldn’t have been possible without your guidance.

We’re all pressed for time. That’s why we’re making it easier to discover, get to know, and connect with some of the retail industry’s very best service and solution providers (like our friends and partners at Trax Retail), without having to invest time in unnecessary first meetings. Trax Retail is the world leader in computer vision solutions for retail. They offer best-in-class in-store execution tools, market measurement services, and data science solutions that are fundamentally transforming how in-store retail data is collected, viewed, and analyzed. With Trax, consumer goods manufacturers and retailers can improve product availability, reduce distribution gaps, identify category opportunities, and increase their sales immediately. Their unique technology uses a combination of image recognition, deep learning, and data science to turn shelf images captured with mobile devices, fixed cameras, or robots into real-time actionable insights. These recommendations and predictions not only help customers measure and monitor their in-store execution performance but also unlock revenue opportunities in the marketplace. Trax has been chosen globally as a strategic partner by over 175 clients in over 50 countries, including The Coca-Cola Company, AB InBev, Nestlé, Henkel, and Procter & Gamble. Learn More & Start A Conversation! Watch Their Conversation Starter: https://lnkd.in/gMKmp6WM Connect with Matt Greene - Vice President, Enterprise Sales mattg@traxretail.com TraxRetail.com Conversations On Retail, Michelle Darby, Mike Schorr, Stephanie Lund, Stevie Allegretto, Hollie Gonzales, Rifka Bernstein Dinesman, Georgios Tzafis, Sean O'Dowd, Justin Behar, José Lach, Laura Zedan, Sangeeta Singh, Nora Real, Jerry Magliozzi, Jeff Simkin, Michael Graen

Thrilled to announce that I have completed the "Mastering Conversations in Retail Sale" course 🎓✨! Equipped with these new skills, I am ready to apply them to drive results and foster stronger client relationships. #SalesExcellence #professionaldevelopment

#new #TuesdayTMOL Join us for an in-depth exploration of the top 5 retail financial KPIs every store manager needs to know! Learn how to boost sales revenue, optimize inventory turnover, and enhance profitability. From analyzing inventory turnover to maximizing sales per square foot, discover what metrics you need to look at to keep your store's financial performance on track. Whether you're new to retail management or seeking to elevate your store's performance, this video is packed with valuable information to help you succeed in the competitive retail landscape. Don't miss out on mastering retail financial KPIs and unlocking the keys to sustainable growth! https://lnkd.in/eXUr5zae

Focus on the stated KPIs is important and necessary for store and Operation Managers.

During our recent conversations with clients, we came across some key challenges that are being faced by the retail industry today: 1. Labor Challenges and the Changing Role of In-Store Staff: Labor shortages hinder efficient in-store execution, leading to stockouts and shrinkage. 💼 2. Economic Pressures and the Need for Strategic Adaptation: Rising costs and a potential recession necessitate anticipating changing consumer behavior and tightening budgets. 💰 3. Data-Driven Strategies for Success: Data plays a crucial role in understanding market trends and making informed decisions. 📊 4. The Rise of Private Labels: Prioritizing private label products creates challenges for established brands. 🏷️ 5. Optimizing Pricing Strategies: Understanding consumer psychology and analyzing price changes can optimize sales and satisfaction. 💸 What are your thoughts? Please share in the comments!

“Would you like to understand why some stores in your retail chain are performing well, and others don’t?  In our upcoming Maze webinar, you will:    ✅ Learn exactly what a performance gap is  ✅ Understand how a performance gap impacts your business  ✅ Get insights from our experience with retailers throughout the years  ✅ Learn about 5 critical mistakes that create performance gaps – and how to avoid them.    Join us tomorrow, 11th of September, 08.30 CET – 100% free!