How to Measure Consumer Behavior: 3 Metrics for Brands and Retailers
A brick-and-mortar store is in constant motion. The assortment, merchandising, layout—all change often. Why? In order to maximize revenue and
Matt is the Director of Marketing at Wiser Solutions, a retail analytics provider with an emphasis on data quality, data accuracy, and holistic in-store and online solutions.
A brick-and-mortar store is in constant motion. The assortment, merchandising, layout—all change often. Why? In order to maximize revenue and
Average Unit Retail, or AUR, is a key metric used in retail today, alongside other important data points such as
Product development can be fun, exciting, terrifying, and immensely challenging. Sometimes, all at the same time. Whether you’re a new
The goal of any brick-and-mortar retailer is to sell. You want your customers to come in early and often, and
People have studied buying habits and consumer sentiment of Millennials. However, there is a new generation, Generation Z, which will
Consumers today have more choices than ever before. More marketplaces, more products, and certainly more brands. This is great for
Building a successful business requires data, but not just any data: it must be accurate, high-quality data. Acquiring and maintaining a
In a recent survey conducted by Wiser of Walmart, Target, Best Buy, and Costco stores, shoppers were asked to consider
How can you enforce MAP pricing on Amazon? This is a question asked by countless brands and manufacturers, and it’s
Are there ghosts haunting your shelves? No, not real-life ghosts: phantom inventory. Walk through the aisles and see empty shelves