Monetizing Retail Customer Analytics: 10 Actionable Best Practices

retail customer analytics
Published: Mar 22, 2024 by George Mirotsos in Ecommerce

In today’s dynamic retail landscape, understanding customer behavior is no longer a luxury, it’s a necessity. The pressure to deliver targeted messaging and product recommendations is undeniable. According to GlobeNewswire, the Retail Analytics Market Size is projected to reach USD 40.4 Billion by 2032. This significant growth indicates a rising demand for solutions that unlock customer insights. This is where retail customer analytics comes in. By systematically analyzing customer data across touchpoints, retailers can gain a comprehensive view of purchasing patterns and unlock a wealth of opportunities for optimization and growth. Through advanced analytics and algorithms, retailers can uncover hidden

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The Anatomy of The Perfect Campaign Performance Dashboard

campaign-performance-dashboard
Published: Jun 23, 2023 by ContactPigeon in Ecommerce

An omnichannel marketing strategy is a must in today’s marketplace. But with the volume of marketing channels, business owners need data to make clever decisions. Using a campaign performance dashboard offers valuable insights into each campaign so business owners can leverage that to change their marketing strategy for increased success. With this information, a business owner can allocate resources to their most successful marketing channels and refine their messaging with each new campaign to best resonate with their target audience. A campaign performance dashboard presents valuable metrics in one location, saving time spent sifting through multiple analytics reports. It is

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Use Real-time Web Analytics to Boost Real-time Marketing

Actionable insights with real-time web analytics
Published: Jul 28, 2017 | Updated: Aug 30, 2019 by Joyce Qian in Ecommerce

In the first part of this series on live web analytics articles, we wrote about the importance of focussing on customer experience, highlighting that a data driven approach employing real-time web analytics is essential. We went on to outline the major benefits afforded by monitoring real-time traffic along with real-time retargeting and promotions. In this article, we extend the analysis to examine in greater detail at how live web analytics tools such as ContactPigeon’s analytics underpin this. Real-time Marketing There is nothing new about real-time marketing. It first gained the attention of marketing professionals back in the 1990s when the

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