Today, the retail and e-commerce sector uses a massive amount of data. What's at stake? Transform this data into concrete decisions that drive business performance. This is where the dashboards of artificial intelligence (AI) make sense, making it possible to visualize and interpret critical data in real time.
Here are the five strategic metrics that each AI dashboard dedicated to retail and e-commerce should follow to maximize its impact.
AI-based sales forecasts don't just analyze historical data: they incorporate real-time data, such as seasonal trends, upcoming events, and even external factors like weather. With an AI dashboard, businesses can refine their predictions and adjust their promotion and inventory management strategies proactively.
Specific benefits:
Inventory management is one of the most expensive jobs for businesses. Thanks to an AI dashboard, it is possible to monitor the evolution of stocks in real time in each point of sale, each warehouse, and on each channel. This makes it possible to optimize supplies and adjust stocks according to demand, while limiting excessive storage.
Specific benefits:
In e-commerce, returns are a major problem, with significant financial and logistical costs. An AI dashboard analyzes the trends in returns by product, by category, and identifies the underlying reasons (size, quality, unmet expectations). This makes it possible to adapt the offer to precisely meet customer expectations.
Specific benefits:
Customer reviews are an essential source of feedback. By analyzing the feelings expressed in online reviews, AI can detect positive and negative perceptions about your products. With this overview, businesses can react quickly, whether to capitalize on a strength or correct a problem.
Specific benefits:
Personalization is at the heart of customer conversion. By tracking the buying behaviors, preferences and interactions of users, an AI dashboard makes it possible to offer personalized recommendations and optimize each stage of the customer journey.
Specific benefits:
One AI dashboard offers strategic visibility, but above all a lever for operational action in real time. It helps businesses transform each metric into a concrete action plan, optimizing costs and maximizing customer satisfaction. For retail and e-commerce businesses, these five metrics make it possible to better anticipate, personalize the experience and optimize each point of contact with their customers, resulting in increased sales and increased loyalty.
Whether you manage e-commerce or a network of physical stores, AI provides the precision needed to make the most of every data, every customer, and every growth opportunity.
jonathan
CEO - AI Strategist
jonathan.delmas@strat37.com