{"id":121937,"date":"2023-04-19T00:21:54","date_gmt":"2023-04-18T18:51:54","guid":{"rendered":"https:\/\/www.vskills.in\/certification\/tutorial\/?page_id=121937"},"modified":"2024-04-12T14:33:06","modified_gmt":"2024-04-12T09:03:06","slug":"retail-analytics-glossary","status":"publish","type":"page","link":"https:\/\/www.vskills.in\/certification\/tutorial\/retail-analytics-glossary\/","title":{"rendered":"Retail Analytics Glossary"},"content":{"rendered":"\n

Important definitions and terminologies used in Retail Analytics<\/p>\n\n\n\n

<\/p>\n\n\n

<\/a><\/p>\n

A<\/a> B<\/a> C<\/a> D<\/a> E<\/a> F<\/a> G<\/a> H<\/a> I<\/a> J<\/a> K<\/a> L<\/a> M<\/a> N<\/a> O<\/a> P<\/a> Q<\/a> R<\/a> S<\/a> T<\/a> U<\/a> V<\/a> W<\/a> <\/p>\n

A<\/a><\/strong><\/h3>\n

Abandoned Cart Analysis in Retail Analytics<\/p>\n

Anchor store in Retail Analytics<\/p>\n

ATS in Retail Analytics<\/p>\n

Augmented reality in Retail Analytics<\/p>\n

Average Order Value (AOV) in Retail Analytics<\/p>\n

Average transaction value in Retail Analytics<\/p>\n

Go to Top<\/a><\/p>\n

<\/p>

B<\/a><\/strong><\/h3>\n

Big box store in Retail Analytics<\/p>\n

Big data in Retail Analytics<\/p>\n

Brick and click in Retail Analytics<\/p>\n

Bulk in Retail Analytics<\/p>\n

Bundled pricing in Retail Analytics<\/p>\n

Business Intelligence (BI) Tools in Retail Analytics<\/p>\n

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<\/p>

C<\/a><\/strong><\/h3>\n

Cashwrap in Retail Analytics<\/p>\n

Chargeback in Retail Analytics<\/p>\n

Churn Rate in Retail Analytics<\/p>\n

Click and collect in Retail Analytics<\/p>\n

Clienteling in Retail Analytics<\/p>\n

Cloud computing in Retail Analytics<\/p>\n

Clustering in Retail Analytics<\/p>\n

Consignment merchandise in Retail Analytics<\/p>\n

Consumer packaged goods in Retail Analytics<\/p>\n

Conversion Rate in Retail Analytics<\/p>\n

Cooperative in Retail Analytics<\/p>\n

CRO or Conversion Rate Optimization in Retail Analytics<\/p>\n

Cross merchandising in Retail Analytics<\/p>\n

Cross-selling and upselling in Retail Analytics<\/p>\n

Customer Acquisition Cost (CAC) in Retail Analytics<\/p>\n

Customer Analytics in Retail Analytics<\/p>\n

Customer Behavior Analysis in Retail Analytics<\/p>\n

Customer Churn Analysis in Retail Analytics<\/p>\n

Customer Data in Retail Analytics<\/p>\n

Customer Feedback Analysis in Retail Analytics<\/p>\n

Customer Feedback System in Retail Analytics<\/p>\n

Customer journey in Retail Analytics<\/p>\n

Customer Journey Mapping in Retail Analytics<\/p>\n

Customer Lifetime Value (CLV) in Retail Analytics<\/p>\n

Customer Profiling in Retail Analytics<\/p>\n

Customer Relationship Management (CRM) System in Retail Analytics<\/p>\n

Customer Relationship Management (CRM) Tools in Retail Analytics<\/p>\n

Customer Retention in Retail Analytics<\/p>\n

Customer Segmentation in Retail Analytics<\/p>\n

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D<\/a><\/strong><\/h3>\n

DaaS or Data as a service in Retail Analytics<\/p>\n

Data Aggregation in Retail Analytics<\/p>\n

Data Cleaning in Retail Analytics<\/p>\n

Data Enrichment in Retail Analytics<\/p>\n

Data Extraction in Retail Analytics<\/p>\n

Data integration in Retail Analytics<\/p>\n

Data Mining in Retail Analytics<\/p>\n

Data Mining Tools in Retail Analytics<\/p>\n

Data Normalization in Retail Analytics<\/p>\n

Data Sampling in Retail Analytics<\/p>\n

Data Scrubbing in Retail Analytics<\/p>\n

Data Transformation in Retail Analytics<\/p>\n

Data Visualization Tools in Retail Analytics<\/p>\n

Demand forecasting in Retail Analytics<\/p>\n

Demographic Data in Retail Analytics<\/p>\n

Density-Based Spatial Clustering of Applications with Noise (DBSCAN) in Retail Analytics<\/p>\n

Depth of assortment in Retail Analytics<\/p>\n

Digital transformation in Retail Analytics<\/p>\n

Dropshipping in Retail Analytics<\/p>\n

Dynamic Pricing in Retail Analytics<\/p>\n

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<\/p>

E<\/a><\/strong><\/h3>\n

EAN or European Article Number in Retail Analytics<\/p>\n

E-commerce in Retail Analytics<\/p>\n

EDLP or EveryDay Low Price in Retail Analytics<\/p>\n

Electronic article surveillance in Retail Analytics<\/p>\n

Endless aisle in Retail Analytics<\/p>\n

EOL or End of Life in Retail Analytics<\/p>\n

EPC or Electronic Product Code in Retail Analytics<\/p>\n

E-tailing in Retail Analytics<\/p>\n

Europay, Mastercard, Visa in Retail Analytics<\/p>\n

Go to Top<\/a><\/p>\n

<\/p>

F<\/a><\/strong><\/h3>\n

Flash sales in Retail Analytics<\/p>\n

Footfall in Retail Analytics<\/p>\n

Forecast in Retail Analytics<\/p>\n

Forecast accuracy in Retail Analytics<\/p>\n

Franchise in Retail Analytics<\/p>\n

Fraud Detection in Retail Analytics<\/p>\n

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<\/p>

G<\/a><\/strong><\/h3>\n

Geographic Data in Retail Analytics<\/p>\n

Green retailing in Retail Analytics<\/p>\n

Gross margin in Retail Analytics<\/p>\n

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<\/p>

H<\/a><\/strong><\/h3>\n

Hardlines and softlines in Retail Analytics<\/p>\n

Hierarchical Clustering in Retail Analytics<\/p>\n

High speed retail in Retail Analytics<\/p>\n

Go to Top<\/a><\/p>\n

<\/p>

I<\/a><\/strong><\/h3>\n

Impulse purchases in Retail Analytics<\/p>\n

Integrated supply chain in Retail Analytics<\/p>\n

Internet of Things (IoT) in Retail Analytics<\/p>\n

Inventory Analysis in Retail Analytics<\/p>\n

Inventory Data in Retail Analytics<\/p>\n

Inventory Management in Retail Analytics<\/p>\n

Inventory Management System in Retail Analytics<\/p>\n

Inventory Management Tools in Retail Analytics<\/p>\n

Inventory turnover in Retail Analytics<\/p>\n

IPQ or Initial Purchase Quantity in Retail Analytics<\/p>\n

ISBN or International Standard Book Number in Retail Analytics<\/p>\n

Go to Top<\/a><\/p>\n

<\/p>

J<\/a><\/strong><\/h3>\n

Just-In-Time (JIT) Inventory in Retail Analytics<\/p>\n

Go to Top<\/a><\/p>\n

<\/p>

K<\/a><\/strong><\/h3>\n

K-Means Clustering in Retail Analytics<\/p>\n

KPI or Key Performance Indicator in Retail Analytics<\/p>\n

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<\/p>

L<\/a><\/strong><\/h3>\n

Layaway in Retail Analytics<\/p>\n

LBO or Leveraged buyOut in Retail Analytics<\/p>\n

Lead Time in Retail Analytics<\/p>\n

Loss leader in Retail Analytics<\/p>\n

Loyalty Programs in Retail Analytics<\/p>\n

LTV or Customer Lifetime Value (of a Customer) in Retail Analytics<\/p>\n

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<\/p>

M<\/a><\/strong><\/h3>\n

Machine Learning (ML) Tools in Retail Analytics<\/p>\n

MAP or Minimum Advertised Price in Retail Analytics<\/p>\n

Markdown and markup in Retail Analytics<\/p>\n

Markdown optimization in Retail Analytics<\/p>\n

Market basket analysis in Retail Analytics<\/p>\n

Market Research in Retail Analytics<\/p>\n

Market Research Reports in Retail Analytics<\/p>\n

Marketing Analytics in Retail Analytics<\/p>\n

Merchandising in Retail Analytics<\/p>\n

Minimum advertised price in Retail Analytics<\/p>\n

Mobile Apps in Retail Analytics<\/p>\n

Mobile payments in Retail Analytics<\/p>\n

Mobile shopping in Retail Analytics<\/p>\n

Monthly sales index in Retail Analytics<\/p>\n

MRP or Maximum Retail Price in Retail Analytics<\/p>\n

MSRP or Manufacturer Suggest Retail Price in Retail Analytics<\/p>\n

Mystery shopping in Retail Analytics<\/p>\n

Go to Top<\/a><\/p>\n

<\/p>

N<\/a><\/strong><\/h3>\n

Niche retailing in Retail Analytics<\/p>\n

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<\/p>

O<\/a><\/strong><\/h3>\n

Off-price in Retail Analytics<\/p>\n

Omnichannel retail in Retail Analytics<\/p>\n

OOS or Out of Stock in Retail Analytics<\/p>\n

Operations Analytics in Retail Analytics<\/p>\n

Order lead time in Retail Analytics<\/p>\n

OSP or Outlet Sales Productivity in Retail Analytics<\/p>\n

OTB or Open To Buy in Retail Analytics<\/p>\n

Go to Top<\/a><\/p>\n

<\/p>

P<\/a><\/strong><\/h3>\n

PCI compliance in Retail Analytics<\/p>\n

Planogram in Retail Analytics<\/p>\n

PLU or Price Look Up in Retail Analytics<\/p>\n

PO or Purchase Order in Retail Analytics<\/p>\n

Point of Sale (POS) Analytics Tools in Retail Analytics<\/p>\n

Point of Sale (POS) Data in Retail Analytics<\/p>\n

Point of sale (POS) system in Retail Analytics<\/p>\n

POP or Point of Purchase in Retail Analytics<\/p>\n

POS or Point of Sale in Retail Analytics<\/p>\n

POSA or Point of Sale Activation in Retail Analytics<\/p>\n

POV or Point of View in Retail Analytics<\/p>\n

Predictive analytics in Retail Analytics<\/p>\n

Predictive Analytics Tools in Retail Analytics<\/p>\n

Prestige pricing in Retail Analytics<\/p>\n

Price discrimination in Retail Analytics<\/p>\n

Price Elasticity in Retail Analytics<\/p>\n

Price look up in Retail Analytics<\/p>\n

Price optimization software in Retail Analytics<\/p>\n

Pricing Analysis in Retail Analytics<\/p>\n

Pricing Analytics in Retail Analytics<\/p>\n

Principal Component Analysis (PCA) in Retail Analytics<\/p>\n

Private label in Retail Analytics<\/p>\n

Product life cycle in Retail Analytics<\/p>\n

Product Recommendation in Retail Analytics<\/p>\n

Promotion analysis in Retail Analytics<\/p>\n

Promotion Data in Retail Analytics<\/p>\n

Promotion Optimization in Retail Analytics<\/p>\n

Psychographic Data in Retail Analytics<\/p>\n

Go to Top<\/a><\/p>\n

<\/p>

Q<\/a><\/strong><\/h3>\n

Quantity discount in Retail Analytics<\/p>\n

Quantity on hand or on order in Retail Analytics<\/p>\n

Go to Top<\/a><\/p>\n

<\/p>

R<\/a><\/strong><\/h3>\n

Radio-frequency identification in Retail Analytics<\/p>\n

RDF or Retailer Development Funds in Retail Analytics<\/p>\n

Real-time reporting in Retail Analytics<\/p>\n

Regression analysis in Retail Analytics<\/p>\n

Relationship retailing in Retail Analytics<\/p>\n

Retargeting in Retail Analytics<\/p>\n

Return on Investment (ROI) in Retail Analytics<\/p>\n

RFID or Radio Frequency Identification in Retail Analytics<\/p>\n

Risk Management in Retail Analytics<\/p>\n

RRP or Recommended Retail Price in Retail Analytics<\/p>\n

RSI or Retail Sales Index in Retail Analytics<\/p>\n

RTV or Return to Vendor in Retail Analytics<\/p>\n

Go to Top<\/a><\/p>\n

<\/p>

S<\/a><\/strong><\/h3>\n

SaaS or Software as a Service in Retail Analytics<\/p>\n

Sales analysis in Retail Analytics<\/p>\n

Sales data in Retail Analytics<\/p>\n

Sales Forecasting in Retail Analytics<\/p>\n

Sales per square foot in Retail Analytics<\/p>\n

SCM or Supply Chain Management in Retail Analytics<\/p>\n

Sell-in in Retail Analytics<\/p>\n

Sell-out in Retail Analytics<\/p>\n

Sell-thru in Retail Analytics<\/p>\n

SG&A or Sales General & Administrative Costs in Retail Analytics<\/p>\n

Shopping cart abandonment in Retail Analytics<\/p>\n

Showrooming in Retail Analytics<\/p>\n

Shrinkage in Retail Analytics<\/p>\n

SKU or Stock Keeping Unit in Retail Analytics<\/p>\n

Social commerce in Retail Analytics<\/p>\n

Social Media Analytics Tools in Retail Analytics<\/p>\n

Social Media Data in Retail Analytics<\/p>\n

Social Media Platforms in Retail Analytics<\/p>\n

Stock keeping unit in Retail Analytics<\/p>\n

Stock Keeping Unit (SKU) in Retail Analytics<\/p>\n

Store loyalty in Retail Analytics<\/p>\n

Store Operations in Retail Analytics<\/p>\n

Supply Chain Analytics in Retail Analytics<\/p>\n

Supply chain management in Retail Analytics<\/p>\n

Supply Chain Management System in Retail Analytics<\/p>\n

Go to Top<\/a><\/p>\n

<\/p>

T<\/a><\/strong><\/h3>\n

Text Analytics Tools in Retail Analytics<\/p>\n

Time series analysis in Retail Analytics<\/p>\n

Traffic Count in Retail Analytics<\/p>\n

Transactional Data in Retail Analytics<\/p>\n

Triple net lease in Retail Analytics<\/p>\n

Go to Top<\/a><\/p>\n

<\/p>

U<\/a><\/strong><\/h3>\n

Units per transaction in Retail Analytics<\/p>\n

UPC or Universal Product Code in Retail Analytics<\/p>\n

Go to Top<\/a><\/p>\n

<\/p>

V<\/a><\/strong><\/h3>\n

Visual merchandising in Retail Analytics<\/p>\n

Go to Top<\/a><\/p>\n

<\/p>

W<\/a><\/strong><\/h3>\n

Warehouse management system in Retail Analytics<\/p>\n

Web Analytics Data in Retail Analytics<\/p>\n

Webrooming in Retail Analytics<\/p>\n

Website Analytics Tools in Retail Analytics<\/p>\n

Wholesale in Retail Analytics<\/p>\n

WOS or Weeks of Supply in Retail Analytics<\/p>","protected":false},"excerpt":{"rendered":"

Important definitions and terminologies used in Retail Analytics A B C D E F G H I J K L M N O P Q R S T U V W A Abandoned Cart Analysis in Retail Analytics Anchor store in Retail Analytics ATS in Retail Analytics Augmented reality in Retail Analytics Average Order Value…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-121937","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\nRetail Analytics Glossary - Tutorial<\/title>\n<meta name=\"description\" content=\"What is Retail Analytics? 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