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Enhance Customer Experience with Retail Traffic Intelligence-www.prodcotech.com

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Are you facing a slump in your sales? Get an expert opinion by visitinghttp://www.prodcotech.com Gain insights on ways to increase customer traffic. These would eventually result in an improvement in the actual sales generated by your business. – PowerPoint PPT presentation

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Title: Enhance Customer Experience with Retail Traffic Intelligence-www.prodcotech.com


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Prodcotech
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Prodcotech
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Prodcotech
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Prodcotech
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Prodcotech
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Prodcotech
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Prodcotech
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Prodcotech
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Retail Traffic Intelligence
  • Are you facing a slump in your sales? Get an
    expert opinion by visiting Prodco International
    Inc. Gain insights on ways to increase customer
    traffic. These would eventually result in an
    improvement in the actual sales generated by your
    business.

10
Retail Traffic Intelligence
  • Selling goods via retail stores plays a vital
    role in business. It completes the cycle from the
    production to the distribution of goods. The
    retail trade generally entails the sale of
    general and household commodities to domestic
    consumers. Occasionally, it also covers bulk
    sales to business organizations and enterprises.

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Retail Traffic Intelligence
  • Retail houses based in stores, usually
    engage in selling goods at one place. They also
    provide other services like installation,
    troubleshooting etc. In comparison, retail shops
    that do not operate from stores, operate
    differently. They rely on other mediums to
    promote and publicize their products. This
    involves the use of various means like the
    internet, TV commercials and other forms of
    advertising. These mediums help them capture the
    attention of their target audience. On some
    occasions, they also rely on other ways of
    promoting their products or services. These could
    include using stalls at places frequented by
    people from their target audience e.g. malls,
    theatres etc.

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Retail Traffic Intelligence
  • The movement of goods from a seller to a
    customer entails a seamless journey. The seller
    stocks a product and uses various means for
    promoting it. The promotion gains the attention
    of the customer. The promotional campaign leads
    the customer into taking a decision to purchase
    the item. The cycle ends when a customer ends up
    purchasing the item. This sequential chain of
    events is the determining factor for any business
    that operates successfully.

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Retail Traffic Intelligence
  • Retail traffic control involves managing the
    often complex relationships between the business
    owner and the customer. Several major stores
    employ retail traffic measurement systems. These
    systems accurately calculate the pedestrian count
    for business intelligence purposes. When a
    business owner knows the precise number of
    visitors and customers entering the store on a
    daily basis, it helps in keeping a grip on the
    business. In other words, the traffic information
    on customers helps a business owner in planning
    and managing the business.

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Retail Traffic Intelligence
  • When it comes to strategic planning, business
    owners rely on having optimal traffic and
    customer conversion rates. Having a good customer
    conversion rate is beneficial for the business.
    It enables a business owner to utilize existing
    resources optimally. To achieve a successful
    conversion ratio, business owners must focus on
    the total number of visits to the store as
    against the number of actual customers.

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Retail Traffic Intelligence
  • Several people may visit your store casually.
    This could be either in person or online.
    However, not all of these visitors will purchase
    something from your store. However, as a business
    owner, you need to target those individuals
    making actual purchases. The sales generated by
    these people are the ones that mainly affect your
    returns. The conversions will vary from one
    business entity to another. For some business
    enterprises, the sales could represent the total
    number of subscriptions finalized in a certain
    period of time. For other businesses, it could
    denote the actual number of sales generated by
    people buying a specific product.

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Retail Traffic Intelligence
  • Commercial and business enterprise owners
    utilize the people counter in several different
    ways to enhance the revenues generated by their
    business. To attract a large number of customers,
    some of the methods business owners could use
    include
  • 1. Have websites that offer easy navigation.
    This would enable the user to browse and find the
    item of interest in just a few clicks
  • 2. Organize networking events like community
    meetings
  • 3 Enhance the level of credibility of the
    organization both offline and online. Utilize
    user reviews and third party logos on objective
    sites to achieve this end.

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Retail Traffic Intelligence
  • Commercial and business enterprise owners
    utilize the people counter in several different
    ways to enhance the revenues generated by their
    business. To attract a large number of customers,
    some of the methods business owners could use
    include
  • 1. Have websites that offer easy navigation.
    This would enable the user to browse and find the
    item of interest in just a few clicks
  • 2. Organize networking events like community
    meetings
  • 3 Enhance the level of credibility of the
    organization both offline and online. Utilize
    user reviews and third party logos on objective
    sites to achieve this end.

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Retail Traffic Intelligence
  • With the ever-increasing advances made in
    technology, business owners can receive updates
    on website traffic in an instant nowadays.
    Several websites have a feature embedded in their
    codes. These providtraffic countere accurate and
    real-time updates about the retail traffic to the
    site, at any given point in time. By applying
    other add-on features, business owners can also
    monitor the variances in online traffic to their
    websites. In some instances, business owners also
    have the option of viewing traffic reports
    generated by retail traffic counters. These
    reports enhance the levels of precision and
    accuracy in counting the number of people
    visiting the store. They even provide other
    reports like the conversion ratio of the store.

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Retail Traffic Intelligence
  • By reviewing the conversion reports at
    different levels, business owners can easily
    pinpoint improvement areas in their stores and
    work toward eliminating them. The plugging of all
    gaps and leakages will serve to improve the
    stores efficiency. This, in turn, will help
    identify other improvement areas and aid the
    overall development of the business. Above all
    though, it would help significantly in improving
    the revenue generated by the business, even as it
    reduces unnecessary expenses.

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Contact Us
  • Prodco International Inc.9408 Boul. du
    GolfMontreal, QuebecCanada H1J 3A1
  • Toll Free 1 888 577 6326
  • Telephone 1 514 324 9796
  • Fax 1 514 324 1214
  • E-mail info_at_prodcotech.com
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