How to analyze retail data

What does retail data analysis mainly mean?

First, if it is big data analysis, it is difficult to find the point you want in the middle because of the large amount of data.

Therefore, comparative analysis is generally used. For example, before Yonghui released 10, the retail sales were 40 billion and the profit was 20%. If you want to see how he is in the industry, compare the data of Carrefour. As soon as the two sides compare, they can see the gap.

If you want to see the gap between us and the industry, just calculate the output of a single store and compare it.

Second, if you want to analyze the sales data of a single product, the best method is the ABC analysis method of commodities. Specific methods can be found online.

I hope I can help you! thank you