Introduction

Clive Humbly once said, “Data is the new oil,” and he has a fair point. Data is so important in terms of business, because accurate data and information leads to actionable insights that will eventually lead to an increase of sales. Data and analytics holds immense value, so start making use of retail analytics software today.

Retail Analytics Software

11+ Retail Analytics Software

1. Sisense

sisense

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Rating: 4.5/5

Price: Free

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2. Datapine

datapines

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Rating: 4.8/5

Price: Free

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3. Vendhq

vendhq

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Rating: 5/5

Price: $99/Month

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4. SAS

sas

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Rating: 4.5/5

Price: $8000/Year

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5. Looker

looker

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Rating: 4.6/5

Price: $300/Month

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6. Tableau

tableau

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Rating: 5/5

Price: $70/Month

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7. ChainDrive

chaindrive

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Rating: 5/5

Price: $1000/Year

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8. Google Analytics

google analytics

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Rating: 4.7/5

Price: $150,000/Year

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9. Lightspeed Retail

lightspeed retail

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Rating: 5/5

Price: $99/Month

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10. Board

board

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Rating: 4.5/5

Price: Free

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11. WebFOCUS

webfocus

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Rating: 4.5/5

Price: Custom

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12. ThoughtSpot

thoughtspot

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Rating: 4.3/5

Price: Custom

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What Is Retail Analytics Software?

Retail analytics software is specifically designed to support those in the retail industry with the analysis of data. The software helps retailers study consumer behavior and shopping and purchasing patterns. The software assists with managing logistics, and supply chains, identifies customers’ geographic and demographic data, and so much more.

Benefits

Retail analytics software impacts retail businesses in an infinite number of ways, but one particularly important benefit of retail analytics software is the maximization of profit. Retail analytics data greatly assists with optimizing pricing and promotional strategies and it helps anticipate and predict what you can expect from customers in the future. 

Features

One feature of retail business analytics is predictive analytics. This feature has changed the retail market industry significantly, providing customer intelligence and “crystal ball” predictions on customer behavior. Through this feature, retailers can discover which shoppers are loyal and if there are shoppers that won’t purchase goods and services.

Top 10 Products

1. Sisense

Sisense provides excellent BI tools, artificial intelligence software, and analytics software that is sure to elevate your retail business. For free sales analytics software you can rely on, go to Sisense. Founded in 2004, Sisense has a company size of 501-1,000 employees and a revenue of $100 million.

2. Datapine

Be empowered by Datapine’s free retail store analytics software. Receive free retail software from Datapine today. Datapine has a company size of 11-50 employees and an estimated annual revenue of $3 million.

3. Vendhq

Vendhq is dedicated to making your life as a retailer much easier. Vendhq has the retail analytics software, POS software, and eCommerce software you need to succeed. Vendhq has a company size of 201-500 employees and an estimated annual revenue of $68.6 million.

4. SAS

Are you searching for the top analytics software for your retail company? Look no further because SAS has got your back. SAS has specialties in retail software that you will greatly benefit from. Founded in 1976, SAS has a company size of over 10,000 employees and a revenue of $3.1 billion.

5. Looker

Looker will supply you with retail sales analytics, data modeling tools, and workflow management software. Join the 2,000+ companies that trust Looker’s top-of-the-line retail analytics software applications. Looker has a company size of 501-1,000 employees and a revenue of $269  million.

6. Tableau

Tableau’s retail business intelligence software is right for you. For the best visualization software and outstanding intuitive products, Tableau has got you covered. Tableau was founded in 2003, has a company size of 1,001-5,000 employees and a revenue of $1.2 billion.

7. ChainDrive

Your life as a retailer will be made much easier with ChainDrive tools and features, such as retail POS software, CRM software, and advanced inventory and order management software. ChainDrive has a revenue of $5 million and is a product of Multidev Technologies Inc., a company with around 11-50 employees.

8. Lightspeed Retail

For retail point of sale software, inventory management software, powerful reporting, and other retail and eCommerce stores software, put your trust in Lightspeed Retail. Lightspeed Retail is a product of Lightspeed HQ, a company  with 1,001-5,000 employees and a revenue of $120.6 million.

9. Board

Other retail analytics companies are no match for Board. Board offers free solutions for analyzing, simulating, and planning for your business. Board was founded in 1994, has a company size of 201-500 employees and a revenue of $84 million.

10. WebFocus

WebFocus has the retail analytics software your retail business needs for an innovative digital transformation. WebFocus has a company size of 51-200 employees and a revenue of $8 million.

FAQs

Does my business really need retail analytics software?

Yes, your business really does need retail analytics software! The software will provide you with helpful insights, personalize customer experiences, improve retail merchandising and marketing, and so much more.

Which is the best retail analytics software?

Alas, there is no cookie-cutter, one-size-fits-all retail analytics software. Therefore, the retail analytics software that is best for you truly depends on what your business needs. In order to find the best retail analytics software, you must first figure out what tools and features you need from retail analytics software. Then afterwards you can pick which software has what you are looking for. Furthermore, in order to accurately find the best software for you, you can test out various trials and demos software sometimes offers.

How much does retail analytics software cost?

There is retail analytics software that is custom priced, based on the particular tools, features, and packages you acquire. Other retail analytics software requires monthly payments ranging from $70 to $300 per month. Some software has yearly subscriptions, costing $1,000 to $150,000 yearly. There is also free retail analytics software offered by Sisense, Datapine, and Board.

Conclusion

Retail analytics software will forever change the way you operate your business–for the better! Increase sales and revenue and make your customers happier and more satisfied with the support of retail analysis software today.

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