Demand Analytics for DIY Retailers
Home centers, hardware stores and other DIY retailers often see dramatic sales fluctuations based on when and where customers decide to work on their lawns & gardens, exterior maintenance, indoor projects, and more.
DIY retailers can integrate predictive Weather-Driven Demand® (WDD®) analytics into existing processes and technology solutions to grow profit margins through increased sales and lower costs.
- For planning and allocation, WDD® metrics help remove the weather bias from plan baselines and calculate year-over-year plan adjustments to keep businesses from inadvertently “chasing” last year’s weather-based sales impacts ultimately minimizing unproductive inventory and markdowns while limiting lost sales.
- For in-season replenishment, WDD® forecasts enable companies better align store-level inventories with shifts in consumer to demand by factoring in how upcoming weather conditions are going to change sales volumes.
- For digital marketing, WDD® analytics help retailers improve click-throughs, sales, ROAS and more by targeting consumers that are ready to buy with relevant content.
For more details, we invite you to request a financial benefit estimate for your business.
Additional Insights
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NRF White Paper: Climate-Proofing Retail
Replenishment
Planning & Allocation
Increase Digital Marketing Effectiveness
Factoring in the Weather’s Impact
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