Using data to increase sales and profitability can be overwhelming, but it’s really simple and worth the effort both in cash and customer service. Attend CROSS:SCAN: Making Data Profitable, a free webinar to improve your data skills or get you started on building them. Plus, learn how the “We, not Me” philosophy can help your store thrive. Presented by Erik Ernstrom, Business Intelligence Manager from The Parable Group.
Using sales data from your store and from other industry stores helps set a course for best in-stock rates for top-selling products, highest inventory turns, and ideal backlist and frontlist selection for your local customer demand. It all is aimed at improved cash flow and profitability.