Jay Jones
Jay Jones
Jay Jones
Against people counters: While traditional people counters strive to identify the count of people who enter/exit a store, ReBiz is capable of counting the actual buyer traffic and then takes it much further to assigning the traffic to sales associates, calculating sales conversion rates, tracking sales performance, and monitoring store operations daily for a wholistic picture of performance.
Conducting a comprehensive competitor analysis is crucial for a business to understand its competitive landscape and make informed strategic decisions. Here’s a list of things a business should consider when performing a competitor analysis:
By considering these factors, a business can gain valuable insights into the competitive landscape, identify areas of opportunity or vulnerability, and make more informed decisions to strengthen its market position.
Jay Jones
Against people counters: While traditional people counters strive to identify the count of people who enter/exit a store, ReBiz is capable of counting the actual buyer traffic and then takes it much further to assigning the traffic to sales associates, calculating sales conversion rates, tracking sales performance, and monitoring store operations daily for a wholistic picture of performance.
Against surveillance systems: many retailers have a video surveillance system for reviewing incidents in their stores, ReBiz takes visibility to the next level by leveraging those same cameras and pairing video footage, pos data, and advanced traffic counting data to turn old cameras into modern day sales and operations management tool.
Against retail analytics providers: (PowerBI etc) While retail analytics providers strive to see the insights in the numbers, ReBiz goes further to seeing the insights in the stores and with individual sales reps. By leveraging daily video footage, sales data, and verified buyer traffic counts, Rebiz delivers more accurate analytics as well as the insight needed to improve them.
Against video analytics providers (Envysion etc): While others leverage video and pos data to focus on reducing losses in retail stores, they miss much of the opportunity to improve profits. ReBiz is the sole provider and patent holder of tracking, monitoring and reporting on sales conversions at the individual rep level. And while the others require purchase of their equipment, ReBiz uses clients’ existing equipment to improve all aspects of profitability from sales performance to operations to scheduling to loss prevention.
Against POS/reporting systems: While POS systems rely on data that is entered into the system, ReBiz tracks, monitors and reports on what happens prior to a sale where the opportunity for improvement actually lies. ReBiz takes sales improvement further and identifies the total number of sales opportunities each day, which rep handled them, and how well they were converted. ReBiz leverages additional data sources like video footage and advanced traffic counting to more fully answer the question of how retailers can make more money.
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