retail Analytics
Step up your retail analytics with AI-powered in-store ecosystem.
RETAIL RETURN ON INTELLIGENCE ANALYTICS
RO.i by FastSensor Allows Retail Organizations to Measure Occupancy, Other Key Behavioral Analytics
Return on Intelligence
RO.i stands for Return on Intelligence and is FastSensor's proprietary AI-powered ecosystem that gathers, interprets, and delivers actionable analytics from physical locations, capable of providing much-needed KPIs for business owners.
Understand, accurately, how many visitors entered and exited your retail store or space. How engaging is the front of your store? RO.i reveals who stops to shop and who keeps walking.
Are you approaching your occupancy capacity? Especially amidst Covid-19, accurate store occupancy is critical.
Seamless Integration
- No opt-in required
- Works on AC or Battery
- IT integration not needed
- Data goes from customers straight to your dashboard
- For multiple stores, data is collected from each location
- Data is collected 24/7/365.
- No WIFI? No problem!
Customer Experience
- Get more data & insight on the effectiveness of your loyalty programs
- Track repeat customers and their behavior
- Monitor wait times on checkout and CS desks
- Track interactions with sales associates
ROI-BOOSTING INSIGHTS
- Know how many shoppers pass by and come inside
- Learn the path shoppers take
- Learn what displays don't catch their eyes
- Know how many shoppers speak with sales associates
- Discover wait times for purchases, & if they leave before paying
FULLY OPTIMIZED STORES
- Optimize in-store product placement and displays
- Gain insight on ideal store layouts and designs
- Learn valuable data on A/B testing product placement
- Find out about the best displays and access store flow data
- Get insight on shoppers that pause to look at your window display
What do you know about your customers’ shopping behavior?
Online retailers have been able to capture customer journey information for quite some time. They can determine what products customers browsed, how much time customers spent researching products, what products were added or removed from their online basket and how often customers return to their site.
Obtaining this information for your physical stores can be a significant challenge. However, without this information, how do you convert visitors to your stores from browsers to buyers? In today’s retail environment, it is critical to understand how well your stores are performing and servicing your customers.
Retail Design
Retail design is a creative and commercial discipline that combines several different areas of expertise together in the design and construction of retail space. Retail design is primarily a specialized practice of architecture and interior design, however it also incorporates elements of industrial design, graphic design, ergonomics, and advertising.
How does a retailer collect such detailed information on in-store behavior at scale? In a perfect world, one might imagine a transparent ceiling at each retail site, with a team of data scientists on top tracking and studying customer behaviors. But this is an expensive and unrealistic proposition at best.
Retail design is a very specialized discipline due to the heavy demands placed on retail space. Because the primary purpose of retail space is to stock and sell product to consumers, the spaces must be designed in a way that promotes an enjoyable and hassle-free shopping experience for the consumer.
Retail industry - FastSensor Case Studies
When you know what customers are looking for, it’s easier to give them what they want! Through real-time experience tracking, we can clue you in on what’s working and what’s not – and what you need to do to improve engagement and increase revenue. New data, including foot traffic analysis, dwell time, queue management, loyalty, and labor optimization, all work together to provide business owners with the solutions to better manage their retail space.
We will give you a quote, based on your space ft²
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