Retail Analytics

Educating Students. Improving Sales.

 

#1

Instead of sitting in the class room, the students are working twice a week in a real store.

#2

Instead of learning theory by heart, we translate theory into action.

Theory           

Practice

 

#3

Instead of believing in the power of knowledge, we use sophisticated tools to measure and improve the impact of in-store marketing measures.

 

HEAT MAPPING

We use thermographic cameras in order to facilitate the students' decision-making process. The cameras are installed especially for the course and generate so-called 'heat maps' with information about customer flows and dwell times at certain points in the store. On the trail of customer behavior, these maps are used to locate unpopular and popular zones of a store and strategically reposition products.

SALES APP

A tailor-made sales app gives students an insight into the daily sales figures of their and the competing management-led stores. In this way the students can see how successful the measures of the respective groups are in comparison to other stores from the same retailer. 

3D STORE MODELS

The participating stores are being scanned with 3D cameras. This enables students to digitally walk through the store, analyze it and discuss measures outside the opening hours and without disturbing the customers.

#4

Instead of acquiring abstract knowledge, students are strengthening their social competences while learning from managers and employees at the point-of-sale. 

#5

Instead of just listening to a lecture, students engage in  discussions with the lecturer during insightful coaching sessions.

#6

Instead of just studying for the best grades, students compete with management teams for the biggest sales impact.

Throughout the entire project period, each student store is directly compared with management-led stores of the same company. Our algorithm-driven application translates sales figures into an actual scoreboard.

This gamification approach does not only empower the students but also the frontline employees.

 

#7

Instead of writing another exam, the students are asked to create a creative and insightful video.

 

PRODEGA

IKEA

GLOBUS DELICATESSA

MIGROLINO

ALDI SUISSE

TALLY WEIJL

All videos were produced by graduate students as part of a master-level course at the University of St.Gallen. The respective partner companies approved the content and publication.

WHAT STUDENTS SAY

“I would like to express my gratitude to the professors and assistants who built this wonderful course.” 

 

 

OUR INNOVATIVE

PARTNER COMPANIES

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CONTACT US

University of St. Gallen

Institute of Retail Management

Dufourstrasse 40a

9000 St. Gallen

Switzerland

 

© 2019 Institute of Retail Management, University of St.Gallen

www.irm.unisg.ch