Insight for Retail—Rapid Business Decisions for Retail
Description
Omniture Insight™ for Retail provides organizations with rapid business insights using real-time analysis of very large volumes of continuously changing point-of-sale and kiosk data. Insight correlates that data to online interactions for a deeper understanding of customer responses across multiple channels. Insight is part of the Omniture Online Marketing Suite of applications for online business optimizations.
Business Challenges
Customers interact with retailers through a variety of channels including over the Internet, at a store or kiosk, or over the phone. Typically, a customer will interact with a retailer through a combination of touch points to make a purchase decision. However, organizations are challenged with correlating information across multiple channels to better understand customer behavior patterns and interactions.
Solution
Insight for retail channel analytics helps analyze point-of-sale and kiosk data, and correlate those with online customer interactions.
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Data Collection Sources
Data collection for online and offline channels to better understand cross-channel customer behavior.
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Customer Pathing Across Channels
Customer pathing across online and offline interactions channels.
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Geographical Analysis
Powerful visualization of demographic and competitive data to identify new store locations.
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Data Segmentation
Unlimited customer segmentation for purchase propensity scoring and customer attrition analysis.
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Free-form Querying
Add new dimensions on the fly to adjust analysis for seasonality and product category changes.
Data Collection
- Flexible data collection options from one or multiple sources including delimited, XML and ODBC formats
- Easily load integration meta-data about customers, products, or campaigns
- Collect data in real-time or batch mode
Extract Transform and Load (ETL)
- Easily extend the data schema for analysis
- Visibility into processing steps for data validation and auditing
- Automated system checkpoints for faster data reprocessing and recovery
- Extensive data transformation options include parse, append, merge, and categorizing of data for processing and extraction
Rapid Performance
- Parallel processing for greater performance and scalability
- ‘Whole dataset’ processing on billions of records at a time
- Randomized statistical technique that provides approximate results for trends analysis immediately, queries refined incrementally until query completion
Visualization
- Visualizations include line and bar charts, tables, scatter plots, 2D and 3D process maps, path browsers, and worksheets
- Automatically add color coded legends for better visualization
- Setup visual markets before or after any event to track activities and trends over time
- Visualize spatial data such as customer, store, ATM, or competitor locations on interactive global maps
Advanced Segmentation and Filtering
- Create an unlimited number of real-time segments based on any data in the data set
- Filter Editor provides comprehensive logic to create segments and subsets of an entire dataset
- Segment Export to group customers and export on a one-time or continuous basis to external systems
Analytics
- N-dimensional analysis capabilities to automatically correlate and cross-tab all data
- Share dimensions, metrics, and analysis workspaces to collaborate with colleagues
- Annotation call-outs for data clarification and explanation
- Excel-like worksheets to build scenarios and KPI dashboards
- Navigate from high-level trends to contributing data at its most granular level
- Data correlations and confidence metrics guide user analysis and validate conclusions
Retail Channel Reporting, Dimensions and Metrics
- High-quality reports can be printed or exported to Microsoft Office products
- Ability to export both pre-processed and post-processed data to other systems such as a data warehouse
- Omniture Consulting provides retail channel specific reports and workspaces. Examples include: Basket analysis, Geographic Summary, Purchase sequencing analysis, Competitor location analysis, Sales summary, Demographic analysis, Store analysis
- Omniture Consulting provides dimensions and metrics. Examples include: Demographic data, Customer profitability, Purchase amount, Number of transactions, Total and average revenue, Total and average margin, Revenue per customer, Store name