With TIBCO Retail Sales, marketers and data scientists use sophisticated sets of historical data to identify actionable insights and build models that predict customers behavior, preference and potential over time.
TIBCO Retail Sales Customer segmentation, propensity-to-buy scoring, and A/B testing are just a few use cases that are made easy with TIBCO’s analytic tools.
Retail is now moving digital transformation. The important distinction is due to the ability to deliver the compelling customer experiences, create innovative and connected digital products and constantly optimize operations.
TIBCO Retail Sales Benefits
- Optimize Inventory Cost and Delivery
- Engage with Relevance in Real Time
Using data on their current patterns and past behavior, create a unique personalized experience for customers. Research shows the millennials 78% to prefer spend money on experiences rather than goods.
- Use Mobile Beyond Point of Sale
Make mobile the core of the TIBCO Retail Sales customer journey, including before and after the sale for research, purchase coordination and follow-up. For upcoming two years, mobile e-commerce sales are expected to drastically increase.
- Integrate Everything and Innovate
Connect the every enterprise from supply chain and planning through to omni-channel commerce and customer care.
- Reduce Risk Fraud, and Hacking
Using predictive analytics and historical data, data scientists can build models to detect high risk and fraud. Tampering can be avoided, detected, and protected against with a combination of advanced analytics and API management.
- Real-time Inventory Awareness