Retail Data Analysis

Difficulty: Beginner
Duration: 2 minutes and 13 seconds
Students: 2,207
Rating: 5/5

By analyzing data, you can identify the drivers behind category, market, and retailer performance, and gain a deeper understanding of increasingly complex shopper behavior. In this chapter, we’ll take a look at the importance of carrying out consumer research, and the qualitative and quantitative data businesses collect in the process. We’ll also take a look at the four main types of data analytics: descriptive, diagnostic, predictive and prescriptive.

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