What Can Your Store do With Traffic Data?

by | Mar 2, 2017 | Business

A people counter from CountWise positioned at the entrance of your store can count the number of people who enter your store or a certain area. Outside of just seeing how many people are in your store, there are many uses you can get from this data that can benefit your business and increase profits. Here are just a few great uses of data from a door people counter:

Key Operating Hours

It isn’t only the number of people through the doors that door counters can analyze. They also record what time of day and which day of the week they enter. You can use this data to predict when you can expect the highest numbers of customers and when the flow will be slower, allowing managers to make up the staff schedules appropriately. It can also be used to decide when the store’s opening hours should be.

Displays and Marketing

It can be hard for businesses to figure out what parts of their marketing budget is producing a return on its investment and how well their window displays are working. Vend’s retail blog says that retail stores have used their people counter to figure out which of their window displays have drawn in the most customers and used this data to make better displays.

Conversion Rates

It isn’t just the number of people through the doors that matters to a business but how many of those people spend money in the store and the average spend per head. Comparing data from a door people counterwith sales data will help you to figure out your store’s conversion rate and whether you can be doing more to entice customers to buy. You can also figure out which of your sales staff are producing the best results and the most amount of sales and who isn’t pulling their weight, says a Utah bankruptcy lawyer.

Scheduling

As well as scheduling the best staff at optimum times, you can also use door counters to figure out when traffic will be lower and you can complete tasks such as restocking or cleaning. Performing these essential jobs when attendance is lower will prevent them from being too much of an eyesore or getting in the way of customers as they shop.

Making the most of your traffic data for scheduling, hiring, marketing, and store set up along with many other key decisions will allow you to make the best use of your budget and increase your store’s profit margins. You can also ask an accountant to determine how much your company is worth. For more information, visit CountWise.

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