BIG SENSING: BIG DATA IS GREAT, BUT SOMETIMES YOUR FRONTLINE STAFF ARE BETTER

Offering an in-depth insight into shoppers’ complex motivations, Big Data has become an unquestionable attribute of modern retail. But while data crunching has its obvious perks, listening to what your in-store workforce has to say is of even greater value.

Offering an in-depth insight into shoppers’ complex motivations, Big Data has become an unquestionable attribute of modern retail. But while data crunching has its obvious perks, listening to what your in-store workforce has to say is of even greater value.

Plus, it saves you money. Companies spend months, if not years, on costly tests only to find out what their shop assistants could tell them for free. Of course, loose observations made by the wait staff may not seem sufficiently reliable to drive any serious strategic choices. But with a robust process for collecting observations and insights in place, these firms could easily save themselves time and money in lost sales and expensive research.

Human factor

This is where Big Sensing comes in. An offshoot of the mighty Big Data, this process relies on human observation and intuition. Briefly, human input directs analytics and analysis. Big Sensing is about eliciting and gathering unfiltered observations and hypotheses straight from the front line staff. The process, which does not consume much time, allows management to develop both short and long-term strategies to test.

How does it work?

Held on a monthly basis, 15-minute long standing workshops are at the heart of the process. They enable the wait staff to share their observations and comments on any recent changes among in-store customers. Special emphasis is placed on the same observations made by several persons. Possible changes most often are manifested in either an increase or a drop in some activity, e.g. foot traffic. It makes sense to probe further in case of shared observations by asking the staff about their opinions. Finding out from them why certain things have changed could provide you with useful hypotheses.

Most importantly, Big Sensing helps store owners scale up and compare qualitative insight in a fast manner as well as generates more value from your workforce.

Source: http://www.psfk.com/

Similar post

How your competitors are maneuvering on the slippery slope of communicated discount rates?

How your competitors are maneuvering on the slippery slope of communicated discount rates?

With the help of the Hipercom multi-channel promo monitoring solution, our partners have an aggregated overview of ....

What is your policy in the race for amazing communicated discounts?

What is your policy in the race for amazing communicated discounts?

All behavioral studies have shown that the consumer is first sensitive to the price, but also losing its rationality when facing discounts. For the same net price, he will.....

Communicated discount : How much ?-30% ; -50% ; -70%? and then what's next?

Communicated discount : How much ?-30% ; -50% ; -70%? and then what's next?

Promotion is done to directly influence the actions of purchase, contrary to the advertisement which aims to trigger desire. The promotion will, therefore, target the most ......

When do you decide to support a promotion with a promotional mechanism?

When do you decide to support a promotion with a promotional mechanism?

Only if the supplier offers it to you?  When competitors become ...

Promotional mechanism:  the overbid ?

Promotional mechanism: the overbid ?

You are responsible for a category and your P&L  also depends on the impact of your promotional actions. The trade-off between margin and the "wow effect," is...

What is the optimum frequency to communicate discounts?

What is the optimum frequency to communicate discounts?

 Promotion is done to directly influence the act of purchase, contrary to an advertisement which aims to trigger desire. The promotion will, therefore...

Weighed averages of shopper's opinions for each of your SKUs,

Weighed averages of shopper's opinions for each of your SKUs,

detailed by URL e-store and market place!  This is what...

The integrity of the pictures and the SKU descriptions are the guarantee

The integrity of the pictures and the SKU descriptions are the guarantee

of shopper trust into brands. Not respecting it is misleading,.....

An online shopper spends very short time on a page!

An online shopper spends very short time on a page!

Everything is done for fast reading (user-friendly). In these conditions, the mass effect generates sales, exactly as.....

The daily variations in the search index of each of your brands, based on a

The daily variations in the search index of each of your brands, based on a

personalized keywords list is accessible in 2 clicks! Test it to measure your brand visibility at each of your online sales networks.

Send us your number and we will call you back!