In the realm of business, decisions often hinge on intuition rather than concrete data. Unfortunately, many small businesses operate without leveraging the power of data-driven insights. It often takes time for businesses to reach a stage where they efficiently gather and analyze all available data, presenting it in a format that enables business owners to make informed and profitable decisions based on numerical evidence.
At CornerShop Analytics, we specialize in exploring a broad spectrum of data domains, including.
Operations
Sales and Marketing
Company Financials
Products and Services
Market Research
HR and Hiring
Logistics, and more
Our in-depth analysis aims to uncover insights that drive enhanced efficiency and profitability for your business.
Three Examples of How We offer Solutions
Option 1 - How Our Process Works In a General Sense
Step:1
A Business Decision Maker
Step:2
Has a Problem
Step:3
Meets with an Analytics expert at CornerShop
Step:4
We Collect Necessary Data
Step:5
We Present this Data to you or send you recurring reports of the data
Step:6
We give guidance but the Business Decision Maker makes decisions based on data
Option 2 - Complete Business Data Update and Building Recurring Report
Step:1
A Business Decision Maker
Step:2
Needs to become more familiar with company data
Step:3
Meets with an Analytics expert at CornerShop
Step:4
We create a plan to start collecting all data possible that will be useful
Step:5
We Present this Data to you and collaborate on what is useful and how you want to see these reports
Step:6
We send you all useful reports on a recurring basis of your choice
Option 3 – A Business is a having a specific problem and needs to find answers
Step:1
A Business Decision Maker
Step:2
Is having cash flow issues but struggling to find why
Step:3
Meets with an Analytics expert at CornerShop
Step:4
We comb through data to find red flags
Step:5
We show these red flags. For example, poor margin products, operational inefficiencies, spending problems, etc…
Step:6
We give guidance but the Business Decision Maker makes decisions based on data
Consulting and Solutions
Data Collection and Analysis can help in the following areas:
Operations
In operations, analytics can identify inefficiencies, streamline workflows, and allocate resources effectively. Insights gleaned from data analysis help businesses enhance productivity, reduce costs, and ensure smoother operations.
Sales and Marketing
For sales and marketing, analytics uncovers customer behavior, preferences, and buying patterns, enabling targeted marketing campaigns and personalized sales strategies. Understanding the effectiveness of marketing channels and messages leads to increased lead generation, improved conversion rates, and revenue growth.
Company Financials
Analytics provides insights into financial performance, revenue trends, expense patterns, and profitability analysis. Informed decisions based on financial data drive budgeting, investment opportunities, cost reduction strategies, and risk management, fostering financial stability and growth.
Products and Services
Analytics offers a deeper understanding of customer needs, preferences, and satisfaction levels, guiding the development of innovative products and services. Through product analysis, businesses optimize pricing, improve quality, and identify opportunities for expansion or diversification.
Market Research
Analytics enables comprehensive market research by analyzing trends, competitor performance, and consumer behavior. Businesses leverage market insights to identify emerging trends, assess opportunities, and make strategic decisions on market positioning, product development, and marketing strategies.
HR and Hiring
Analytics optimizes workforce management, including recruitment, retention, performance evaluation, and talent development. By analyzing HR data, businesses identify top performers, address skill gaps, and enhance employee engagement, satisfaction, and productivity.
Logistics
Analytics plays a crucial role in optimizing supply chain and logistics operations, analyzing transportation routes, inventory levels, demand forecasts, and delivery schedules. Businesses minimize costs, reduce delivery times, optimize inventory management, and improve overall supply chain efficiency through logistics analysis.
