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Analytics service for receipt data Datawiz Inc.

Market basket analytics

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Page 1: Market basket analytics

Analytics service for receipt data Datawiz Inc.

Page 2: Market basket analytics

Every retailer wants to draw the traffic to the store by proposing a

wide range of products and categories that most of consumer

typically put on their shopping list.

Page 3: Market basket analytics

But how we can understand,

what products are in this shopping list?

Page 4: Market basket analytics

Loyalty program?

• Shows who, what, when and how often buy

• Defines client value

• Provides targeted communication

Page 5: Market basket analytics

If we have no loyalty program?

Could we find another way to learn our clients?

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Market Basket Analysis!

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What products are in clients basket

Friday evening?

Monday morning?30 grn. cost?

With beer and chips?

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Applying

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Two different baskets in evening:

Smoker 1: Cigarettes+Lighter ~ 30 grn.

Smoker 2: Cigarettes+Milk+Bread+Confectionary = 120+ grn.

For transformation of Smoker 1 to Smoker 2 marketers used

strategy: «Discount coupon 3% for the purchase more than 100

grn.»

Result: 20% of Smokers 1used discount coupon.

Case about smokers

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Case about business lunch

Typical basket at lunch:

Yogurt+Bakery = 30 grn.

At lunch time put together Yogurts & Bakery.

Result: Number of receipts with this pair of products

doubled.

Page 11: Market basket analytics

You opportunities with МВА

Page 12: Market basket analytics

Define

products bought with gumboots.

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Understand customer behavior

at different hours and days of week.

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Find out what products are

in baskets of different cost.

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Increase the number of items in basket by improving product

placement, additional proposals and cross sales.

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Benefits

• Understand customer needs

• Range most suitable for clients

• Product placement optimization

• Demanded offers formation

• Target marketing activity

• Increase of articles number in the basket

All for customer!

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Bonus: analytics and reports

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Today we are working with:

• Kolos

• Roma

• Norma

• Taistra

• Artichoke

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Integration

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Datawiz Inc.

http://datawiz.io/ru/

Tel.: +38 (050)337-73-53

E-mail: [email protected]