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Year-End: How Brick-and-Mortar Stores Can Turn Data Into Sales

By Francisco Alvarez - Getin
CCO and Co-Founder

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Francisco Álvarez By Francisco Álvarez | CCO and Co-Founder - Thu, 10/10/2024 - 08:00

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As the year draws to a close, one thing is certain for retailers: the high season is about to begin. Between Buen Fin, Halloween, Día de Muertos, Christmas, and New Year’s, physical stores in Mexico will experience a significant increase in foot traffic. This presents an excellent opportunity to boost sales and build customer loyalty. However, this surge in visitors can also be a significant challenge if store owners are not well-prepared to manage it effectively.

At Getin, we’ve spent years working with brick-and-mortar retailers, helping them turn footfall and behavioral data into insights that enhance the shopping experience and, ultimately, drive sales. Thanks to advanced foot traffic counting technology, it's now easier than ever to make informed, real-time decisions and turn the increased flow of people into concrete business opportunities.

So, how can store owners leverage the data they collect during this busy season to turn potential chaos into a smooth, effective experience for their customers?

The Importance of Data During the High Season

During the holiday season, foot traffic in stores can increase dramatically. In fact, with basic technology, retailers should already know what the average increase is. This influx of potential customers is a fantastic opportunity to drive sales, but without a well-thought-out strategy, it can quickly become a logistical nightmare. This is where data becomes crucial. Knowing how many people are entering your store and understanding their behavior while inside allows you to optimize every aspect of store operations.

For instance, if you can identify what times of day see the most foot traffic, you can adjust your staff scheduling to ensure there are enough team members on the floor to handle demand. This not only helps avoid long lines and frustrated customers, but also ensures that your team is working more efficiently.

Additionally, with historical data from previous years, you can predict trends and behaviors during key events like Buen Fin or the Christmas season. If you saw a surge in foot traffic last year, but sales didn't match the increase, you can use that information to change your promotions this year and make sure that traffic turns into real purchases.

These insights can help guide strategic decisions on how to arrange your store layout or where to place key products during the high season.

For example, if you notice that most customers tend to gather in certain areas, you can rearrange the space to make those hot spots strategic locations for promoted or high-margin products. This can boost overall sales performance.

Data can also help you identify patterns in customer behavior. If you notice customers spending a lot of time in your store without making a purchase, it could indicate that something in the shopping experience isn’t working. Maybe prices aren’t clear, or promotions aren’t attractive enough. With this information, you can adjust your strategy in real-time and correct course before losing more sales opportunities.

Personalize the Customer Experience

The holiday season isn’t just an opportunity to sell more; it’s also a chance to strengthen your relationships with customers. One of the best ways to do this is by personalizing the shopping experience based on the data you collect about consumer behavior. For example, if you know that certain products sell better during Buen Fin, you can create special promotions around those items and ensure they are highlighted in the busiest areas of your store.

Another key aspect is inventory management. With real-time data on which products are in highest demand, you can ensure your store is always well-stocked. Few things are more frustrating for a customer than arriving at a store to find that the product they want is sold out. Fully understanding which items are selling quickly allows you to make inventory adjustments and keep customer satisfaction high.

The integration between physical and digital shopping experiences also becomes critical during the holiday season. Many people research products online before deciding to visit a physical store. While the final purchase might happen in-store, the omnichannel experience must be aligned to facilitate the customer journey.

Here, in-store traffic data can help synchronize your online and offline efforts. For example, if you notice a spike in store visits right after launching a promotion on social media or via email marketing, you can adjust your digital strategy to capitalize on that traffic. A well-coordinated approach can be the key to generating sales both online and offline.

The end-of-year period is one of the most exciting times for retailers, with shopping malls and stores decorated and illuminated to match the festive mood. However, it can also be one of the most challenging, as everyone will be vying for a larger slice of the pie.

The good news is that with the right tools, you can turn the surge in foot traffic into an opportunity to enhance both sales and the customer experience. By transforming foot traffic and behavioral data into strategic decisions, you can optimize store operations, manage inventory more effectively, personalize the shopping experience, and ultimately maximize sales during the holiday season.

At Getin, we’re committed to helping retailers leverage the power of data to make smarter decisions and improve the shopping experience in their physical stores. If you’re ready to turn insights into action, now is the perfect time to start.

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