If you work in the retail or shopping mall sector, you’ll love this section of the Flame Analytics blog. Here, you’ll find the best tips to maximize the performance of your retail outlets.
You’ll discover, for example, how to optimize your business location, enhance your storefront, arrange products for increased sales, and improve your conversion data. We delve into the importance of lighting, decoration, pricing strategy, customer service, and more.
In this blog section, you’ll also find news about technology: big data, artificial intelligence, digital transformation, and all the technological innovations affecting the retail and shopping mall sector. We share insights into the benefits of incorporating technology into your business, such as the advantages of measuring foot traffic in your physical spaces or understanding the customer journey.
At Flame, we strongly believe that measurement is the key to improvement because knowing whether what you’re doing is right, wrong, or can be improved is crucial. In-store analytics is already a reality accessible to all retailers. Don’t fall behind—start measuring and improving with Flame Analytics. Don’t miss out on this and other retail tips!
AI in Retail Analytics: Transforming Physical Store Intelligence
Flame helps you to measure traffic at all touch points: passers-by, venue’s visits, floors, zones and much more. Consistently build conversion funnels and benchmark different venues to get to know hidden best practices while enhancing staff planning.
Financial Strategy in Retail Management
No matter what you’re doing and how big your company is, taking care of your finances is one of the most important things in the world. If you don’t do this strategy in retail that properly, you’ll end up losing money instead of making it – and that’s no way …
5 Reasons why Staff Training is Vital for Success in Retail
As business leaders in the retail sector, we’re wearing many hats are we’re constantly thinking of how we can drive productivity, satisfaction, sales, and many other processes and objectives forward. If one thing is for sure, we can’t demand any of that, instead, we need to build towards these goals …
5 Reasons Why You Should Prefer Brick-And-Mortar Stores
Many things have evolved globally now, and changed shopping styles are one of the highlights of this brave new world. Gone are the days when vendors in the streets selling everything they could get their hands on. Brick and mortar shops have been here for thousands of years now, but …
From Cool to Hot: How to Create a Heat Map for Your Shop
We live in an age where a thriving economy is largely based on grabbing and holding the attention of the consumer. This is a process that involves the utilization of many modern tools, strategies, and resources. Long gone are the days when a shopkeeper could rely upon charm and good …
6 Ways to Improve Communication with Your Customers in Your Retail Store
“The effectiveness of communication is not defined by communication but by the response”– Milton Erickson. COVID-19 may have dampened the spirit of shopping for some time, but with an increasing number of people getting vaccinated, customers are slowly returning to retail stores. In the digital landscape, why do customers prefer …
How Shopping Malls ‘Won’ 2020
This post is not about saving shopping malls. It’s not about feeding every penny to the glory of lifeless stores. It’s about how they took over the world, and with that, basically saved us in 2020. It’s undeniable that malls will always stay in one form or another. They are …
How To Build Your ‘In Brick And Mortar’ Business’ Brand
When you think of brands, you mostly visualize their iconic logos and taglines. Take for example, Apple, Nike, Google, Amazon, etc. And it is justified with the kind of brand loyalty they enjoy. In fact everyone will agree that the value of a Ralph Lauren polo shirt is more than …
What to Look for in Your Best Shopping Mall?
Modern technology has revolutionized our lives the way we knew it. Whether it be a hospital or a shopping mall, today everything is well-equipped with technological tools that are playing their part in making our lifestyle fit to the modern standards. Therefore, when one chooses to do shopping in a …
Top 5 Shopping Mall Trends To Watch Over the Next Decade
Shopping malls are changing beyond recognition, from VR’s adventures in skydiving to the surrounding restaurants. Imagine watching the latest movie with comfortable family and friends in comfortable chairs. At the same time, the waiter offers you a 5-star menu and food from a menu created by a Michelin-starred chef. It …
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