For retailers, consumers are, and always have been, the beating heart of business success. In today’s world of ample choice for customers, this vitality is at an all-time high. Consumer buying power is higher than ever as is the importance of building loyalty and trust among them. Retailers know it's crucial to anticipate customer needs…
Matthew Laukaitis
An important task for retailers is to balance availability and promotion of stock without sacrificing service. Without access to data from previous years or insight into shopper sentiment, however, it's challenging to make adjustments that can drive improvements for future years. Sales data can tell part of the story, but customer sentiment helps fill in the "softer" metrics that numbers alone just can't provide.