What we offer

Our solutions are built to address every aspect of retail, allowing you to focus on what matters growth and customer satisfaction. Here’s a look at our key offerings

1

Customer Insights & Segmentation

Delve deep into customer behaviour, purchase patterns, and preferences to create personalized experiences that enhance loyalty. We help you target and engage customers effectively by breaking down silos and integrating data across all touchpoints.

2

Demand Forecasting & Inventory Optimization

Predict future sales with precision to manage stock levels and avoid costly overstock or stockout situations. Our solutions leverage advanced algorithms and machine learning to improve inventory turnover and ensure products are available when and where they're needed.

3

Pricing Optimization

Balance profitability with competitive pricing strategies. By analyzing historical data, market trends, and customer behaviour, we help you determine optimal pricing for maximum sales and profit margins.

Case studies

Our proven track record in the retail industry speaks for itself. Here are some success stories
where we made a measurable difference for our clients:

Reducing Stockouts by 30% for a Leading Fashion Retailer

By implementing an advanced demand forecasting solution, we enabled this client to predict trends and optimize stock levels, reducing stockouts by 30% in the first year and improving customer satisfaction.

Streamlining Supply Chain Operations for a Home Goods Retailer

With our supply chain analytics, we identified key areas for improvement that reduced lead times by 15% and cut logistics costs by 10%, enhancing overall operational efficiency.

Our Approach

Our data-driven approach to the retail industry is designed to empower businesses with actionable insights and drive operational efficiency:

Discovery & Goal Setting

Discovery & Goal Setting

We begin by thoroughly understanding your retail business’s unique challenges, objectives, and data landscape. This foundational step allows us to create a customized solution roadmap tailored to your specific goals.

Data Integration & Preparation

Data Integration & Preparation

Retail data often resides across various platforms such as point-of- sale systems, customer relationship management tools, inventory databases, and more. We consolidate and prepare this data to provide a unified and accurate view of your operations.

Insight Generation & Predictive Modeling

Insight Generation & Predictive Modeling

Utilizing advanced analytics, AI, and machine learning, we transform raw data into actionable insights. Whether it’s predicting consumer behavior, optimizing pricing strategies, or streamlining inventory management, our predictive models help you stay ahead of market trends.

Actionable Implementation & Training

Actionable Implementation & Training

We collaborate with your team to seamlessly integrate our analytics solutions into your daily operations. Training is provided to ensure your staff can effectively use the tools and insights to drive business decisions.

Continuous Support & Improvement

Continuous Support & Improvement

Retail is a dynamic industry, and our solutions evolve with it. We offer ongoing support and iterative improvements to keep your analytics capabilities aligned with changing market demands and opportunities.

Why Choose iKnot?

Retail industry expertise

Proven results

End-to-End service

Customized, scalable solutions

Retail industry expertise

With deep experience in the retail sector, we understand the challenges and opportunities unique to this industry. Our solutions are built specifically with retail in mind.

Retail industry expertise

Proven results

We're proud of our track record in delivering measurable results. From cost savings to revenue growth, our analytics have a tangible impact on our clients' bottom line.

Retail industry expertise

End-to-End service

From data integration to insight generation and implementation, we offer comprehensive solutions. This holistic approach ensures you're supported at every stage of your analytics journey.

Retail industry expertise

Customized, scalable solutions

No two businesses are the same. We design flexible solutions that grow with you, ensuring long-term value and adaptability in an ever-changing market.

Retail industry expertise

Ready to unlock the full potential of data for your retail business?

Get in touch with our experts to discuss how our analytics solutions tailored to your needs and help you succeed.