Multiple Stores, One Vision: Performance Benchmarking
Challenge
Retailers need a chain-wide perspective to identify and respond to trends quickly. Revenue and customer satisfaction goals can be reached more efficiently by:
Accessing real-time KPIs from multiple channels
Streamlining data capture and analysis
Adjusting sales and staff resources based on chain-wide performance
Solution
Precise entry and exit counts that exclude undecided passersby—those just peek-ing in—combined with customer demographics, dwell times, queuing statistics, and heat maps provide a real-time assessment of store performance retailers can measure against other locations. A richer and more dynamic perspective of performance at multiple locations can be obtained with reliable KPIs that:
Deliver accurate data on footfall and customer behavior
Exclude staff and non-committed guests from counts
Differentiate between customers shopping as part of a group
Improve conversion rates and expand basket sizes

We have identified, that one of the key issues was to set the right and effective workforce planning not only towards the cost savings but also with respect to the overall customer experience.
Benefits
Performance benchmarking is crucial for making timely adjustments to marketing, staffing or operating hours that may keep specific business segments, employees or products from reaching their true potential. Sensor-based solutions can help by
Carrying out cross-channel comparisons of visitor flow at different times
Digitizing offline sales channels
Comparing visitor numbers and conversion rates across channels
Implementing new initiatives and measuring their success over time
Download now
Access a free Use Case PDF version now!
Additional retail use cases
-
Frictionless Checkout
Automation helps balance customer flow and prevent loss at self-service zones
-
Measure Customer Engagement
Measuring customers’ in-store dwell times can boost sales of higher margin products
-
Improving Store Layout
Accurate store traffic data helps retailers optimize layout and product placement
-
View Direction
Retailers can boost revenue by measuring in-store attention
-
Customer Counting
Optimal staff and layout depend on real-time customer engagement data
-
Optimizing Product Positioning / Assortment
Retailers looking to support their category manager are turning to tech
-
Real-Time Waiting Analytics
Retailers need a robust queue management system to eliminate friction points
-
Preventing Queue Formation
Queuing up can become a costly friction point for brick-and-mortar retailers
-
Expanding Sales with Demographic Data
Understanding gender-specific shopping trends helps retailers optimize resources.
-
Customer Centric Staff Allocation
Retailers need a robust queue management system to eliminate friction points
-
Staff Exclusion and Sales Performance
Real-time KPIs help retailers optimize performance across all locations
-
Use-Based Cleaning
Smart Retail requires Smart Cleaning to enhance customer experience
-
Group Shopping Analytics
Shopping habits change with company, aiding retailers in boosting sales
-
Window Shopping Analytics
Tracking capture rates from window shoppers can boost store performance