Don’t worry—you don’t need to stand at the door and manually count everyone who enters to measure foot traffic. Thankfully, there are plenty of great tools to help calculate foot traffic and collect information about the customers who visit your brick-and-mortar location(s). ...
How to Use Retail Analytics to Improve Store Performance The Retail Guide to Utilizing Sales Per Square Foot to Grow Your Store How To Count and Leverage Footfall To Increase Sales Revenue Per Employee: How to Calculate and Improve Your RPE Ratio Post-Mortems and Event Sales: How to Measure ...
You don’t have to generate a whole event, but signing up for an upcoming event with other vendors is a great business idea to increase your foot traffic. Use social media and other advertising togather a crowd at the pop-upevent and create a buzz around your company. Have displays of p...
Are you ready to put your best foot forward and dive into the world of selling feet pics on Twitter? You might be surprised to know that there’s a thriving demand for these unique and niche photographs. With the growing foot fetish community and the power of social media, Twitter ...
brainstorming new ideas for how to attract more customers to your store. Indeed, more visits result in more potential to generate sales, which translates into a bigger bottom line and a more profitable business overall. But, more specifically, how can you increase foot traffic to your retail ...
According to Shopify,“Customers are getting more selective about the brands they associate with, and the in-store experience can help you stand out from the crowd. In an age of cut-throat competition, retail events are a great way to engage with your customers and form relationships. It eng...
As you mix and match dishes and beverages, calculate the cost of ingredients, labor, overhead, and other expenses to determine your minimum pricing strategy to maintain profitability. Before you launch, consider hosting food tastings or pop-up events to gather feedback from potential customers, ...
Let’s dive into the data to understand how. Sunrise Senior Living and Brookdale Senior Living foot traffic has fluctuated over time, what regions and metro areas are overperforming, and how the brands (or their competitors) can use the data to their benefit....
3 steps to benchmark against competitors using foot traffic data How to understand what other venues your customers visit What influences competitor benchmarking in trade areas? Summary Introduction Many businesses use competitor benchmarking to learn where, when, and which kinds of customers visit the...
How to calculate churn rate? What's a good churn rate for your business? Nine ways to decrease churn rate Churn rate is a proportion of customers who stop paying for a product or service during a given time period. It’s the complete opposite of growth rate, making it one of the most...