This free online course covers the fundamentals, psychology, techniques and skills necessary for retail analytics. Retail analytics analyses inventories, supply chains, customer demand and sales. What are the benefits of psychology in the store? What are some buying theories? This course explores retail analytics, including its complications. It also looks at retail psychology, including retail and data analytics. You will find information about the benefits of retail analytics and forecasting and learn how to apply them to inventory and budget decisions.
| College | Alison |
| Course ID | 195835 |
| Course Category | Sales & Retail, Business |
| Course Type | Online Learning |
| Course Qualification | CPD Certificate |
| Course Duration | 3-4 hours |
| Course Fee | Free |
| Entry Requirements | Like all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary. At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives. Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone. |
| Career Path | What You Will Learn In This Free Course • Evaluate the complications in retail analytics • Explain the core concepts of retail analytics • Identify how retail psychology operates • Assess how to market effectively across different channels • Outline the benefits of retail supply chain management • Describe how to create an effective sales process • Recall the significance of targeting trends and customers |
| Course Code | 4972 |
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