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Introduction to Retail Analytics

CPD Accredited ! Free Certification | FREE Retake Exam | Lifetime Access | No Hidden Fees


Online Training Academy

Summary

Price
£12 inc VAT
Study method
Online, On Demand What's this?
Duration
1.7 hours · Self-paced
Qualification
No formal qualification
CPD
10 CPD hours / points
Certificates
  • Digital certificate - Free
  • Reed Courses Certificate of Completion - Free
Additional info
  • Tutor is available to students

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Overview

In today's dynamic marketplace, the ability to decipher the intricate patterns woven within consumer behaviour is a quintessential skill for any astute businessperson. Delve into the realm of Retail Analytics, where the mundane transforms into the extraordinary, and every data point tells a compelling story waiting to be unravelled. Imagine being equipped with the prowess to decipher market trends, anticipate consumer demands, and sculpt strategies that resonate with unparalleled precision. That's the power of understanding the intricate dance between retail and data analytics.

Key Features:

  • CPD Certified
  • Free Certificate from Reed
  • CIQ Approved
  • Developed by Specialist
  • Lifetime Access

CPD

10 CPD hours / points
Accredited by CPD Quality Standards

Curriculum

1
section
6
lectures
1h 45m
total
    • 1: Module 01: Introduction to Retail Analytics 32:03
    • 2: Module 02: Retail and Data Analytics 12:00
    • 3: Module 03: Benefits of Retail Analytics 16:26
    • 4: Module 04: Analytics Software 19:37
    • 5: Module 05: Forecasting 23:27
    • 6: CPD Certificate - Free 01:00 PDF

Course media

Description

Step into a world where data isn't just numbers; it's the very heartbeat of successful enterprises. Uncover the hidden gems nestled within vast swathes of data, transforming them into actionable insights that propel businesses towards unprecedented growth. From unveiling the latent potential of analytics software to mastering the art of forecasting, this journey will arm you with indispensable tools that transcend the ordinary. Embrace the challenge of navigating through the complexities of retail analytics, and emerge not just as a spectator but as a maestro orchestrating symphonies of success in the ever-evolving retail landscape. Your journey begins here.

Course Curriculum

  • Module 01: Introduction to Retail Analytics
  • Module 02: Retail and Data Analytics
  • Module 03: Benefits of Retail Analytics
  • Module 04: Analytics Software
  • Module 05: Forecasting

Learning Outcomes:

  • Analyze retail data effectively for strategic decision-making in businesses.
  • Utilize analytics software proficiently to extract insights from retail data.
  • Implement forecasting techniques to predict future retail trends accurately.
  • Identify and articulate the benefits of incorporating retail analytics.
  • Understand the relationship between retail operations and data analytics.
  • Apply retail analytics principles to enhance business performance and profitability.

Who is this course for?

  • Retail managers seeking to optimize operations with data insights.
  • Business analysts interested in specializing in retail industry analytics.
  • Marketing professionals aiming to enhance retail strategy through data analysis.
  • Students pursuing careers in retail management or data analytics.
  • Entrepreneurs looking to leverage data analytics for retail business growth.

Career path

  • Retail Data Analyst
  • Retail Operations Manager
  • Marketing Analytics Specialist
  • Forecasting Analyst
  • Retail Business Intelligence Analyst
  • E-commerce Analyst

Questions and answers

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Certificates

Digital certificate

Digital certificate - Included

Reed Courses Certificate of Completion

Digital certificate - Included

Will be downloadable when all lectures have been completed.

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.