How To Analyze Shop Data Like A Pro!
IDENTIFY YOUR CUSTOMER'S NEEDS
Over the past few newsletters, we’ve been talking about global trends, and how to notice them. While keeping an eye on these trends will help your business prepare for the future, it is also important to have your fingers on the pulse locally. We’ve touched on the importance of keeping up with the latest automotive news, and the power of using the right software for your shop. By using these tools and techniques, you can analyze your shop’s data in order to know what to prepare for.
ANALYZING YOUR DATA
When looking at said data, there are three areas that can be looked at:
1. What are my top-selling products?
2. What category of products is being sold the most?
3. Which brand of vehicle is mostly being bought for?
Answering these three questions will give you a rough idea of your customer’s needs. This will also allow you to manage your stock and inventory more efficiently.
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