As a child, you may have played the game called, Telephone. It is where people sit in a circle and one whispers a statement into the ear of the person sitting next to them. It continues until everyone has had a turn to heard to relay the statement until it reaches the last person who …
Taking time to sharpen your tools is necessary. C-stores tools include reports to drive business. Managers look at them to measure performance, make key decisions and set the path for the company going forward. When the tool that is used to guide this process is a report, it makes sense to spend a little time …
Good data provide good insights. A useful measurement can be a single number that indicates the health of a days work (or any other unit of time). For example, in a c-store the inside sales traffic is key. Those spending money inside is even better. Many operators use the measure of coffee sales to judge …
Green industry executives know full well that using the right tool the right job is key to a successful job. It would be pretty hard to cut most yards if you only had a string trimmer. Every company needs technology to maintain their information and work flow. Most small companies create spreadsheets as a flexible …
Winston Churchill wisdom of ongoing analysis is timeless. He said, “However beautiful the strategy, you should still occasionally look at the results.” Day to day life typically becomes a routine. We know what works, what doesn’t and we follow the plan that years of experience has taught us. Then one day, things come up that …
Seeing the whole picture is a key to understanding your business. Marketers have known this for years. However, as fast as thing go in business today, especially in the C-Store space, it is impossible to manually analyze everything. But only analyzing some data may hide the big picture view. If you cannot see where things …
Are you putting profits in your tool belt? Gross Profit and Gross Margin ultimately mean the same thing. It shows much money are you making. However, gross profit looks at the revenue number, where costs are deducted from sales. Gross margin is the percentage and comparison of cost to sales. When looking at a percentage …
Convenience store dashboard best practices help choose tools to utilize your POS Scan Data. C-store operators need data to manage and optimize store sales, operations and profitability. Information is needed at the corporate level, store level as well as tiered levels according to the overall size of the operations. Larger companies often use both regions …
Finance analytics for c-stores is a must. The main asset, the store is purchase, leased for financed. ROI is critical to financial success. BandyWorks’ myanalytics dashboards, reports and alerts allow the financial results to be easily linked to monthly cash flow budgets. Pulling data to assess your c-store financial needs is quick and easy. Track …
Marketing analytics for c-stores drives results. Acquire more customers by investing time and energy where it matters. BandyWorks’ myanalytics puts your data to work to help you measure your results and target your efforts. Marketing executives can use business analytics to make confident well-informed decisions by analyzing: Promotional Take-Rates by Store and Cashier Sales Trends …
IT for c-stores is a given. Your company has mountains of data that must be reviewed to allow managers to make decisions and drive the business. BandyWorks’ myanalytics dashboards, reports and alerts fit into your environment to help you process the massive quantities of data more quickly. Our consultants understand how to work with your …
CEO & owner analytics for c-stores keeps the focus on growth, culture and priorities. Stay focused. Work on the business with confidence. Naturally, you must keep track of on-going operations. Your staff is good. Cleary, monitoring results and staying in touch with the daily work keeps staff enagaged. Track your top level performance and business …