The most valuable products may not be those that you sell the most. Sometimes they are, but not always. This is where smart retail business reporting can help a business owner look at product performance differently and discover gold within the data that helps you leverage products more.
Thanks to reporting in the Tower Systems Point of Sale software, retailers can analyse shopping basket performance of a product – what it sells with. This can be assessed with in-store adjacencies. Combining these views can help a business make shop floor moves that drive even better outcomes.
Another view of product performance could be sales over a period of time. This can help you better understand the return on retail space. Given that the lease for a retail business is one of the biggest costs for the business, knowing retail space return is key to determining the financial return you are getting from a product.
Tower Systems provides access to a broad range of views of the performance of products in your business. We back this with helpful business support and analysis.