How Oil Prices Influence the Grocery Business
Canadian retailers have been raising their prices on groceries since early 2019. Will you adapt your pricing strategies based on macroeconomic trends before others do?
A collection of our latest thoughts on data analytics and strategy. These articles highlight the analytical thinking, data-driven strategy and problem solving that Fusion has to offer.
Canadian retailers have been raising their prices on groceries since early 2019. Will you adapt your pricing strategies based on macroeconomic trends before others do?
How a new structure is required to improve strategic planning.
Moving from store-centric to consumer-centric analytics.
Retailers are already drowning in data, most of it noisy, inaccurate, blind to opportunity, and therefore wrong.
Moving from more noise to finding the opportunity.
'Scanning for insight' is the most common reason we hear from retailers for using a tracking dashboard.
Everyone wants to know the 'ROI', but inevitably, once they get this number ...
Moving from bottom-up silos to top-down thinking.
A key step to better analytics is moving more of your reports/metrics to a common language so different opportunities are cross-comparable.
One of the most common methods for making comparisons in business is to use division to create ratios.
Why being accurate requires you to not be precise.
Most retailers leverage their POS receipts to have customers fill out satisfaction surveys.
Adding facts and nuance to your pricing strategy.
Television viewership is not yet dying in Canada.
Social media is popular among Canadians.