
Merchandising Analytics
Merchandising Analytics involves using data and statistical methods to understand and optimize how products are sold. It helps retailers analyze sales patterns, customer preferences, and inventory levels to make informed decisions about product selection, pricing, and placement. By examining these insights, businesses can improve sales, reduce excess stock, and enhance the overall shopping experience. Think of it as using data-driven strategies to ensure the right products are in the right place, at the right time, for the right customers.