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Published 2 May 2023
Free version: Available for teams of up to 10
Pricing: Premium plan $19/month (with a free 30-day trial period)
Platforms supported: Available on mobile app (iOS and Android) or a web-based software
Why use SafetyCulture?
SafetyCulture’s retail analytics software is highly rated in merchandising because of its advanced features that enable businesses to manage retail operations well. Aside from digitizing data for real-time analysis and automating processes for increased revenue and profitability, this mobile-first platform also designed one of the most intuitive platforms - easily understood and employed by anyone in the company.
Features:
Why use Tableau?
Considered one of the world’s leading analytics platforms, Tableau helps people in the retail industry visualize and understand data and then use it to solve their most pressing problems. With powerful machine learning and numerous software integrations, it has everything merchandisers need to improve their market numbers.
Free version: Yes, Tableau Public allows users to learn and share data visualizations.
Pricing: Starts at $15 per user a month for viewing existing dashboards, billed annually (with a 14-day free trial)
Platforms supported: Web, iOS, Android
Why use Qlik Sense?
Qlik Sense is an outstanding retail store analytics software because it merges data from various channels helping businesses get a comprehensive view of customers’ preferences and shopping habits. The platform boosts marketing, drives engagement, and converts it to sales.
Free version: Yes. Qlik Sense Personal Edition is meant for small start-ups and contains the full product without a license key.
Pricing: Starts at $30 per user a month, billed annually (with a free trial)
Why use Power BI?
Microsoft’s Power BI is one of the best retail analytics software because it leverages data and provides actionable insights. With this platform, managers confidently make data-driven decisions to succeed in the retail industry.
Free version: Yes. Power BI Desktop can be downloaded at no cost.
Pricing: Starts at $10 per user per month (with up to 60-day free trial)
Why use DataWeave?
Considered one of the most effective IT solutions made specifically for the retail industry, DataWeave helps businesses boost their productivity and competitiveness by using their comprehensive suite of data analytics.
Free version: None
Pricing: Not indicated
Platforms supported: Web
Why use Looker?
Looker, now included in the Google Cloud Platform, helps retail businesses achieve their goals by providing in-depth analysis of their data, improving workflows based on the evaluations made, and enhancing their current set of tools with various integrations,
Pricing: Custom quote provided upon request (with a free trial)
Why use Sisense?
An effective platform for retail analytics with three powerful IT solutions, Sisense allows companies to visualize data and get the actionable insights needed to transform current workflows to successfully compete in the market.
Retail analytics software is a digital tool that provides companies with detailed information about their inventory and sales, customer behavior, and market patterns and trends. The data gathered equips them to make strategic decisions to optimize operations, increase revenue and continuously grow in a competitive landscape.
Retailers have long been assessing and evaluating their data and practices to be able to personalize marketing strategies and provide a better customer experience. To gain more, investing in retail store analytics software is a must.
Analyzing data for retail is a challenge—you need to develop a deep understanding of historical trends, competitors, and your customer base. The task is made easier with the best retail analytics software with the following features:
If you’re ready to implement this system in your business, any of the seven mentioned above are great options. Take another look at them below:
* billed annually
Eunice Arcilla Caburao
Eunice is a content contributor for SafetyCulture. A registered nurse, theater stage manager, Ultimate Frisbee athlete, and mother, Eunice has written a multitude of topics for over a decade now.
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