Retailers thriving in the complex new world are responding with agility to three major shifts in the retail landscape.
The Qlik Retail Solutions team believes the following three shifts are changing the industry from top to bottom in 2016:
In order to capitalize on the shifts in the industry, you must have your business intelligence strategy in place to spot trends ahead of your competition. In my opinion you need the following capabilities or characteristics in place from a visual analyticsplatform perspective to capitalize on the trends outlined above:
Visual analytics let you see the whole story that lives within your data. Using self-service data discovery, all employees in any role can answer questions, solve issues and share discoveries. This visibility lets your organization offer a seamless omni-channel experience to better serve empowered customers through an agile supply chain and more engaging in-store experiences. Retailers with greater knowledge and visibility can thrive in today’s complex retail environment.
Photo credit: Harry Pammer via Foter.com / CC BY-ND