Fundamentals of Retail Analytics

This course will explore retail analytics, including its complications, ideas and practices. We will also study retail psychology, including retail and data analytics and the benefits of using each in the store. In addition, you will be able to explore its importance. We answer questions like ‘what are the benefits of psychology in the store?’ or ‘how can you identify areas of opportunity?’. These questions will be addressed and answered before studying retail pricing.

The course then explores the roles and duties of the analytics software. It will teach you to analyse information in retail buying and merchandising. Finally, we will help you investigate the theories about supply chain management in retail. We will research selling in multiple channels and the use of trends. This course will also examine the retail market levels, answering questions like ‘what is the importance of data in retail analytics?’.

This course will show you how to apply the essential principles of retail analytics and developmental processes. We present specific ideas and procedures so you can use them confidently in your working field. This course is perfect for introducing you to retail analytics so enrol immediately and learn the fundamentals of this career path.