MarketDial

Learn on a small scale what big-scale impacts will be before full-scale rollout. Making changes in store or on site can be costly and not all changes produce positive outcomes. By testing sites with the change against sites without the change, retailers can know in real time exactly how a change will impact sales, foot traffic, and customer behavior. That's powerful decision intelligence to have at your disposal. MarketDial automates the data science behind in-store testing, enabling easy test design to ensure accurate results. Type "Demo" in your response to learn more. #retailstrategy #restaurantstrategy #decisionintelligence #retailnews #retailinsights

MarketDial is thrilled to announce a partnership with HappyOrNot to amplify CX. Now you can: See how happy your customers are. Test changes to maximize happiness. Know exactly how those changes impact revenue. Implement changes with optimal outcomes. See how happy your customers are. We'd love to show you how happy you and your customers can be. Type "HAPPY" in the comments to learn more! #happyretail #happycustomer #CX #retailstrategy #partnerships https://lnkd.in/gDaqgiv4

Did you know that basket analysis can inform private-label product offerings? One client learned that two commercially-branded items were frequently bought together, driving the sales of both items. They opted to create a private-label combo, leading to significant conversions. Check out how easy it is to see your customers' basket trends at basketanalyzer.com #retailstrategy #retailnews #basketanalysis

Basket analysis is the next cool thing in retail analytics. Many retailers are surprised to learn they can understand their customers' baskets in a matter of minutes. Read to see how basket insights are supercharging retail strategies. Then check it out for yourself at basketanalyzer.com #retailanalytics #retailinsights #retailstrategy #retailnews #basketanalyzer

Red Lobster's bankruptcy was wholly preventable. On-site A/B testing would have shown the impacts of their endless shrimp promotion before a full-scale or permanent rollout. MarketDial exists to protect restaurants and retailers from failed strategic initiatives. Red Lobster CEO Jonathan Tibus in court documents cited, "a difficult macroeconomic environment, a bloated and underperforming restaurant footprint, failed or ill-advised strategic initiatives, and increased competition within the restaurant industry." No strategic initiative will fail or be ill-advised when your restaurant has a backbone of regular on-site A/B testing. The user-friendly MarketDial platform enables restaurants and retailers to easily design and test initiatives on a small scale to know big-scale impacts before full-scale rollouts. When you know beforehand what will succeed and what will fail, you can avoid missteps and optimize opportunities. #restaurantnews #restaurantstrategy #testandlearn

Wanting to run an A/B test in stores but worried about the complexity? MarketDial has you covered. Read our latest handbook 📘 on how to design, implement, and analyze tests with ease. #retailstrategy #abtesting #retailnews

Potbelly Sandwich Works recently partnered with MarketDial to test vendor ROI, seeking to learn if the investment would have justifiable returns. They were surprised to discover that vendor outcomes during the test didn't align with outcomes following the test due to vendor behavior. Learn how MarketDial empowered Potbelly to manage vendor relationships, and see how MarketDial can help you measure vendor ROI before full-scale rollouts. #testandlearn #restaurants #restaurantstrategy #vendormanagement #retailstrategy

🥂 Testing is the backbone of strong retail strategy. Once again, we champion standout retailers who are relying on testing for decision intelligence. 🥂 https://lnkd.in/gkH_5eEs #retailstrategy #abtesting

🌟 Dive into the future of retail real estate strategy 🌟 Curious about how leading retailers are revolutionizing their real estate game? 🏬 Discover how retailers are leveraging data-driven approaches to optimize store locations and enhance customer experiences. 📊 Learn how the implementation of "test and learn" methodologies is driving profitability and minimizing risks in the competitive retail landscape. 🛒 Explore innovative concepts in store design and technology integration aimed at captivating modern consumers and fostering brand loyalty. Ready to unlock the secrets to retail success? Dive into the full article now. #RetailRealEstate #Innovation #DataDriven #Strategy #FutureOfRetail

Understanding the risks and rewards of retail real estate investment is key to success in expanding your retail footprint. Retail real estate investment offers immense potential, but it comes with its share of challenges. Economic fluctuations, changing consumer behaviors, and competitive pressures can all impact property performance. Key risks in retail real estate include: 🔹 Market risk 🔹 Location risk 🔹 Competitive risk 🔹 Operational risk 🔹 Cannibalization risk Learn how to embrace the power of experimentation and data-driven insights to maximize returns and navigate the evolving retail landscape to tackle these risks. Those who continuously learn and adapt are poised for success! 📊💡 #RetailRealEstate #InvestmentStrategy #TestAndLearn #MarketInsights https://lnkd.in/gata4yjk