BUSINESS CHALLENGES IN RETAIL
Brick-and-mortar businesses experience more and more pressure to keep up with their e-commerce competition regarding customer information. The latter seemingly knows everything about online shop visitors and their behaviour whilest almost no information is available about shoppers in physical stores. Especially when it comes to multichannel sales and marketing, extensive knowledge about in-store clients is vital.
NETAVIS contains various optional video analytics modules to obtain the much needed information. Easy-to-activate upon exchange of license key and applicable camera per camera, iCAT Video Analytics provides customer information whilst sensitive privacy regulations are met. By using surveillance infrastructure for business purposes, NETAVIS significantly increases the return on investment of security installations.
To actually improve operations and increase sales, the NETAVIS sMart Data Warehouse contextualizes video data with relevant sales and operations information and provides intuitive charts for conversion rates and other key performance indicators, user-specifically tailored for each user and the tasks at hand. Thus retail executives are empowered to actively manage conversion and optimize business operations as well as sales and marketing.
Especially for medium-sized up to international store chains, the disproportionate scale of such data often poses a challenge. Due to big data technology and MDX interfaces, NETAVIS Data Warehouse is able to provide convenient central management of unlimited subsidiaries.
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COUNTING
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PEAK ANALYSIS |
TURN-IN-RATE |
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GENDER
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AGE GROUP
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ORIGIN
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CUSTOMER BEHAVIOUR
NETAVIS generates heat maps of four different types of analytics data: amount of moving customers, speed of moving customers, amount of stopping customers and their stopping time in the store. With the colored overlays, retailers quickly gain valuable knowledge about customer behaviour in specific areas of their shop. Periodical comparison and comparisons across the shops or between multiple subsidiaries are crucial to monitor promotional activities or to optimize store layouts. Heat maps can be overlaid on floor plans, camera images, and other images of a location in sMart Dashboards, Data Analytics and Reports.
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CUSTOMERS MOVEMENT |
AMOUNT OF STOPS |
DWELL TIME |
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