Forecasting of merchandise sales across key product categories, integrated into custom dashboards, and enabling efficient and optimal decision-making.
With retail analytics and forecasting, you will be able to:
Evaluate: Custom dashboards provide a holistic overview of your retail business, from top-line revenue all the way down to SKU-level sales
Predict: Intelligent demand forecasts help buyers optimize the amount of product to buy, reducing costs on inventory write-offs
Act: Quickly identify trends in your sales and inventory, enabling swift action to ramp up marketing or restocking to maximize product availability
What is the value to a sports organization?
Reduce Cost: Reduce inventory write-offs through improved demand forecasting
Increase Sales: Optimize product offerings and quickly identify key areas for sales support
Improve Operations: Quickly identify out-of-stock products/locations to ensure they are restocked efficiently
Maximize Marketing: Better understand what marketing strategies drive sales
Retention modelling predicts a season ticket member’s likelihood to renew their membership for the upcoming season by incorporating data on member touchpoints from across the business.
Representatives have data at their fingertips, unique to each account, allowing for customized interactions and resulting in a higher likelihood of renewing a member
Gain a deeper understanding of high-impact touchpoints so representatives can be proactive in their interactions with members, and thus increase the probability of renewal
Optimize membership pricing to maximize both renewals and revenue
Value to sports organizations
Increase Renewal Likelihood: By arming representatives with impactful information, you increase a members’ likelihood to renew, thus resulting in increased revenue protection
Improved Rep Engagement: Each rep has a customized target based on their book-of-business, allowing for appropriate incentivization and compensation
Optimize Product Mix: By understanding which seats are likely to come back, teams can shift their product mix to maximize revenue and sell-through
We have productized innovations built in house to enhance the fan experience.
Recently, it has become clear that personalization is the way of the future especially for those watching from home. With an era of fan-less events upon us, the future has arrived.