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Retail Analytics Course - CPD Accredited

Special Offer | Gift- 1 Relevant Course | Updated Lesson Plan | CPD Approved | Free PDF Certificate | 24/7 Tutor Support


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Summary

Price
£15 inc VAT
Study method
Online
Duration
5 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
5 CPD hours / points
Certificates
  • Certificate of completion - Free
  • Hard copy certificate - £9.99
Additional info
  • Tutor is available to students

4 students purchased this course

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Overview

Retail Analytics: The Cornerstone of Modern Commerce

The retail landscape has undergone a colossal transformation, transitioning from the traditional brick-and-mortar stores of yesteryears to the dynamic e-commerce platforms of today. However, one constant remains the need to understand consumer behaviour to optimize sales. Retail Analytics emerges as the compass guiding retailers through the labyrinth of consumer preferences, purchasing patterns, and market trends.

This Retail Analytics Consists of the Following Title Course:

  • Retail Analytics

Additional Gift Course List:

  • Microsoft Excel Complete Training

Key Learning Points from Our Retail Analytics Course Bundle

Venture into the world of Retail Analytics with our comprehensive course and gain insights that translate into tangible business outcomes. Here's a sneak peek at the rich content:

  1. Understanding Retail Analytics: Grasp the fundamental concepts, the different data sources, and the importance of analytics in retail.
  2. Consumer Behavior Analysis: Learn to decipher buying habits, loyalty metrics, and the factors influencing purchasing decisions.
  3. Sales Forecasting & Inventory Management: Use predictive analytics to forecast sales and optimize inventory levels, reducing holding costs and stockouts.
  4. Promotion Effectiveness & Pricing Strategy: Evaluate the success of promotional campaigns and derive strategies for dynamic pricing.
  5. Microsoft Excel for Retail Analytics: As a special addition, familiarize yourself with Microsoft Excel, a versatile tool pivotal for retail data analysis, insights derivation, and report generation.

Why Our Retail Analytics Course is Your Best Bet

  • Accreditation: Our course stands tall, backed by quality assurance, ensuring you're receiving top-tier education.
  • Mentorship: Benefit from the insights of professionals who've been at the forefront of the Retail Analytics revolution, sharing invaluable lessons and strategies.
  • Elevate Your Career: Equip yourself with Retail Analytics knowledge, opening doors to numerous opportunities in the expansive retail domain.
  • Resource Access: Amplify your learning with access to a plethora of resources ranging from retail data sets to advanced analytics tools.
  • Build Connections: Engage with a community of like-minded professionals, fostering collaborations and potential future partnerships.
  • Certification: Celebrate your learning journey with a certificate upon successful completion, amplifying your professional credentials.

The retail world is buzzing, and at its core lies Retail Analytics. Whether you're a retailer aiming to optimize your operations or an enthusiast eager to understand the intricacies of modern commerce, this course is your beacon.

Limited seats are available, so ensure you reserve yours now!

Certificates

Certificate of completion

Digital certificate - Included

This course comes with Free CPD Accredited PDF certificates, making this an excellent value for money.

Hard copy certificate

Hard copy certificate - £9.99

Get a CPD Accredited Hard Copy certificate for £9.99 per copy. The delivery fee for the Hard Copy certificate, however, is free for UK residents, whereas it costs £10 for international students as delivery charge.

CPD

5 CPD hours / points
Accredited by CPD Quality Standards

Course media

Description

These course materials were developed with the assistance of experts, and all Retail Analytics-related content is kept current on a regular basis to prevent learners from falling behind on recent developments in the related field.

This course is lively and well-paced to assist you in quick learning. To give students the skills and knowledge of the industry needed to advance their careers in related fields, we have divided the course into numerous user-friendly Lectures that cover all crucial aspects of Retail Analytics.

Course Curriculum:

  • Module 1: Introduction
  • Module 2: Retail Psychology
  • Module 3: Retail and Data Analytics
  • Module 4: Benefits of Retail Analytics
  • Module 5: Retail Strategy
  • Module 6: Retail Buying and Merchandising
  • Module 7: Forecasting
  • Module 8: Retail Pricing
  • Module 9: Analytics Software
  • Module 10: Supply Chain Management in Retailing
  • Module 11: The Sales Process and Dealing with Customers at the Checkout
  • Module 12: Selling in Multiple Channels
  • Module 13: Taking Trends and Targeting Customers Effectively

----------and 1 more Course----------

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Our Learner's Top Reviews:

  • Varsha Sivamohan - “It was a great experience. The course was jampacked with excellent information. And when I needed help, Skill-up helped me with technical problems instantly. Fast feedback.”
  • Charlie Anderson- “The support team was FANTASTIC!!! Very quick to respond and even though I was nervous as I am not good at tests, they made me feel comfortable. I am very grateful for the support”
  • Aarini Sinha - “Amazing workshop. Very informative for the freshers like me. Learned a lot of things about digital marketing. I'm really thankful”.

Over 100+ glowing reviews.

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Assessment

After completing all the modules of the course, your learning will be assessed by an assignment or multiple-choice based exam. You may choose to participate in a Mock Exam before attending the course completion Final Exam with no extra cost.

Who is this course for?

This course is open to everyone.

If you want to excel in this field and stand out in your future job, grab this course NOW!

Requirements

Since no prior knowledge or experience is required.

Take your time to finish this course, and there is no deadline for the course.

Career path

  • Retail Analyst: £32,000 average salary in the UK
  • Category Analyst: £30,000 average salary in the UK
  • Merchandise Planner: £35,000 average salary in the UK
  • Supply Chain Analyst: £31,000 average salary in the UK
  • Pricing Analyst: £33,000 average salary in the UK
  • E-commerce Analyst: £34,000 average salary in the UK

Questions and answers


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Learner asked:

Please confirm assessment method - MCQ or assignment If MCQ then how many questions and passing score ? Can I download materials ?

Answer:

Hi, Thanks for your interest. This course is assessed through an MCQ of 25 questions and the passing score is 60. The materials cannot be downloaded, you will need to study online.

This was helpful. Thank you for your feedback.

Reviews

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.