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Customer Value: The Actionable RetailMetric

Source: Silicon Waves
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By Ronny Max, SiliconWaves, LLC

"Vanity salespeople know that each person entering the store is an average sales opportunity of $7", says Scott Roller, CEO of salesfloorLIVE. "If there is no current sale, the sales associate knows that to keep up with quota the next sale must be at least $14". After deploying the real-time Business Intelligence Solution of salesfloorLIVE, Vanity (180 stores private label woman's fashion retailer) was able to increase the average sale per visitor by 53%.

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