2. Retail has a multitude of
devices that generate
petabytes of potential
insights
Monitoring and Mining
Social Media Data enables
Retailers to enhance
customer insights
Open Data Sources &
Internal Sources enables
Retailers to better
understand Customers
3. Listening to the Voice of the Customer
15 15
16
17
18
20
22
24
0 2 3 4
6
8
10
14
0
5
10
15
20
25
30
1995 1996 1997 1998 1999 2000 2001 2002
Sales Forecast in 1999
Traditional Cameras Digital Cameras
Extrapolated Forecast Actual Data
0
2
4
6
8
10
12
14
16
18
20
1995 1996 1997 1998 1999 2000 2001 2002
What Really Happened
Traditional Cameras Digital Cameras
7. How A Retailer Figured Out A Teen Girl
Was Pregnant Before Her Father Did
Shopping Patterns Reflect Life Changes
Data from Sales Correlated to Birth Registry to determine patterns
Attempt to get better customer insights & predict what customers want before they tell you
18. Top Scenarios for Big Data Analytics in Retail
1. Targeted offers & promotions (50%)
2. Demand forecasting and supply chain modeling (49%)
3. Customer-centric marketing (43%)
4. Loyalty program management (35%)
5. Workforce management (28%)
6. Store design (18%)
7. Loss prevention (16%)