As an Ecommerce Store owner how will you ensure that you use the Business Intelligence Intelligently??
Business Owners are surrounded by an Ocean of Data, Information, Knowledge banks and reports after reports.
The struggle for online customers, sales and shares becomes harder and harder !
Have you ever come across the Analysis Paralysis?? It has proven to be a double-edged sword indeed.
While you are Busy running your store day and night .. would you like to go through a pile of reports day-after-day ??
OR would you just prefer to gain access to a strong business tool to ensure you have all the Right Information available at the Right Time.
So What are the Questions Answered by Business Intelligence Reports for Ecommerce Stores?
Online Journal – TechCrunch mentions :What Most Ecommerce Companies don’t need some magical new type of BI software, but a better focus on lucrative online transactions businesses.
Business Intelligence & Strategy Reports are used to improve an enterprise’s decision making by combining tools for gathering, storing, accessing, and analyzing business data.
Common Business Intelligence for Ecommerce Stores Include:
- Analyzing sales trends.
- Tracking Customer Buying Habits.
- Managing Sales & Revenue Reports
- Evaluating Sales and marketing campaign effectiveness.
- Predicting market demand with number of items sold.
Business intelligence solutions aim to reduce the confusion produced by maintaining data . Often the tools only add to the confusion and complexity for users.
Information can only be useful to the extent of being easily and quickly accessed.
Your ecommerce Store needs to be integrated with Shopping Cart Provider that takes Business Intelligence mapping seriously.
