retail dashboard templates

This use case pertains to an e-commerce website which allows its consumers to purchase items directly from an online store. (The number of returning customers/ the number of total customers) x 100. Someka Excel Solutions Ltd. Co. Percent Returning Customers: The current customers always are cheaper than new ones. Total Hours Worked: The total working hours of employees. From there, you can analyze the number of units they purchase on average for each transaction and how much an average transaction costs them. Managing Partners: Martin Blumenau, Jakob Rehermann | Trade Register: Berlin-Charlottenburg HRB 144962 B | VAT ID: DE 28 552 2148, For full functionality of this site it is necessary to enable JavaScript. Sales Per Employee: This metric will give you an important point of view about how efficiently utilizing your employees, specifically when it comes to restoring, firing or hiring. Stock-Out: A situation in which the required item cannot be accomplished from the inventory. Whether you have an online or physical store, gauge your performance across cities, countries or regions over time. If you liked this template don’t forget to check our KPI Dashboard Templates Collection: You may then create specific campaigns designed to your different targets, according to their demographics and purchases habits, analyzed as previously. Retail KPI Dashboard offers you a secret to becoming professional whether you have a boutique or a giant store. To measure it use this formula: Shrinkage Rate = Ending inventory value – Physically counted inventory value. Here, the first section that you are going to input your own values is Current Year Actual, Current Year Target, and Past Year Actual. If you are facing high stock outs or long stock outs periods, you should be concerned on the efficiency of your inventory and supply chain management.

Answer key questions related to the most compelling retail concerns with ready-made retail analytics. First of all is to evaluate the Total Customers your business is dealing with, which you can parallelize with the Total Visitors in the case you have an online shop. Your email address will not be published.

Formula for this metric: Sales per Square Foot = Net Sales/Amount of sales space. You should define score ranges and collect data from users directly. This figure is to be maintained as low as possible in order to avoid customer frustration.

In today’s connected economy, consumers are more knowledgeable of competitors than ever.

This type of dashboard lets you monitor your campaigns and other digital marketing efforts in real-time, allowing you to make educated decisions about how to best allocate your marketing budget. As default, we use Average Calculation but If you want to use Summed Up quantities, you can copy and paste the INDEX formula from one of the criteria that use this method.

Therefore when measuring your business processes or goals, you need to choose the right KPIs to be measurable quantitatively and analyze on store performance dashboard.

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