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Accessible real-time knowledge of the ongoings goes a long way for eCommerce solutions. Right from the large eCommerce giants like to the smallest players of the game, the key to survival in the online world is intelligence. A sure way of prompting faster decisions for competitive advantages, makes business intelligence services a critical factor in the success of the business. <br>Read more at: http://www.nirvanapps.com/blogs/bi-ecommerce-force-dare-ignore/<br>
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BI for eCommerce the Force a Few Dare Ignore!
BI for decisions The key to survival in the online world is intelligence. BI reporting plays a vital role for enterprises reliant on technology for decision making.
Continuous Data & Intelligence The constant B2C and B2B interactions are instrumental in generating very important data continuously. Smart reports & dashboards drill downs to keep the KPIs under constant check.
KPIs for Marketing Product reviews tracking Brand or display advertising clicks Website Traffic Unique visitors Vs returning visitors Time spent on site
KPIs for Sales Sales with appropriate drill downs Basket size observations Conversion rates Shopping cart abandonment rates Market share analysis
Customer Relationships KPIs Customer interaction analysis Complaint resolution measures Feedback vs action reports
A complete turnaround Represent the performance products and services and predict the trends. Generate Reports for various stakeholders like Investors, Partners & Governments.
At the end of a good read The trend for eCom is certainly BI & Analytics. Giants like Amazon, eBay & other enterprises use BI solutions with an intent to build a strong customer base.
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