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Increasing Sales Revenue for a Retail Chain using Data Analytics
Project type
Business Consulting
Location
New York City
Problem: A retail chain wants to increase their sales revenue and retain customers.
Solution: Our business consultants implemented data analytics tools to analyze customer behavior, purchase history, and preferences. We provided personalized promotions and optimized the product assortment according to customer preferences. As a result, the retail chain increased their sales revenue by 20% and decreased customer churn by 15%.
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