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Forecast trends and make strategic decisions based on customer analysis.<\/strong><\/p>Location-centric data analytics also helps in tracking the purchase behaviour of customers and enables push notifications to mobile devices.<\/p>
The top use cases where Big Data can help the Retail Industry are<\/strong><\/p>– Data Collection through loyalty programs and credit card transactions
– Recommending items based on past customer data
– Personalizing customer experience
– Forecasting demand based on weather and other factors
– Using consumer spending analytics to determine local demand of various geographical locations<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t