<?xml version="1.0" encoding="UTF-8" ?><!-- generator=Zoho Sites --><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/"><channel><atom:link href="https://www.sivaramanswaminathan.com/blogs/tag/data-mining/feed" rel="self" type="application/rss+xml"/><title>S.Swaminathan - Customer World Blog #data mining</title><description>S.Swaminathan - Customer World Blog #data mining</description><link>https://www.sivaramanswaminathan.com/blogs/tag/data-mining</link><lastBuildDate>Sat, 27 Sep 2025 06:16:33 +0530</lastBuildDate><generator>http://zoho.com/sites/</generator><item><title><![CDATA[Going beyond transactional data to predict sales in retail - Tesco shows the way]]></title><link>https://www.sivaramanswaminathan.com/blogs/post/going-beyond-transactional-data-to-predict-sales-in-retail-tesco-shows-the-way</link><description><![CDATA[I have often found a lot of interesting case studies and&nbsp; lots of content around using a variety of internal sales &amp; transactional data in re ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_mXxGJfUhRW-8GqssdbOCdg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_yPJoyKJASLiMKN6Ps-akCg" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_ac6VWgSvQ4GcUjFJq-i1bg" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_UoykCVitQy6nW6J1pFq1gw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><p>I have often found a lot of interesting case studies and&nbsp; lots of content around using a variety of internal sales &amp; transactional data in retail stores to manage category, assortments, inventory planning and customer cross-sell and up-sell opportunities. What these data always many a time miss or don't factor is the external variables that account for customers to make decisions to buy or not buy. This could play a critical role in driving sales.These in fact play an important role in customer shopping behavior.</p><p> Some customer or environmental behavioral drivers like&nbsp; whether it is a cold or a warm or a rainy day( and hence a decision to want to go to shopping or not), or sudden change in prices/promotions of specific products across categories in nearby shopping areas or stores, new choices of shopping destinations around the store, sports season etc. affect footfalls and purchases. </p><p>UK based <a href="http://www.tesco.com/" target="_blank">Tesco</a> has decided to use weather as an input to predict demand and therefore sales.After over 3 years of research, they have a software that identifies how shopping patterns change with every degree increase in temperature or every hour of sunshine! More <a href="http://www.nytimes.com/2009/09/02/business/global/02weather.html" target="_blank">here</a></p><p><span style="text-decoration:underline;"><strong>My View:</strong></span> If information based decisions have to be made by marketers, the '<em>surrounding factors</em>' around customers needs to be taken into consideration. It might well include traffic patterns, weather, attitudinal factors like health and welleness, enviromental concerns like green agriculture/organic farming etc. Marketers need to find methods to factor all these data into their analysis to forecast customer shopping behaviour. </p></div></div>
</div></div></div></div></div></div> ]]></content:encoded><pubDate>Sun, 06 Sep 2009 14:15:38 +0530</pubDate></item></channel></rss>