Retail Footfall Statistician
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- Proposals: 10
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Description
Description of analysis: We are looking for a statistician that can provide a forecast report on future footfall numbers for a UK retail business. The data will be for a UK retailer with 25 sites around the country. We have footfall data for one year and need to forecast next years footfall numbers. It will require an understanding of each stores location, economy, housing market, local retail market etc to be able to predict future footfall.
Extra notes:
Andrew H.
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Dear sir,
Requesting you to please help us with the status please. Please connect in case of any clarifications.
Thanks.
Warm Regards,
Yashi -
Dear sir,
Requesting you to please update on the project status please.
Thanks.
Warm Regards,
Yashi -
Dear sir,
Any update on the project status please.
Thanks.
Warm Regards,
Yashi -
Dear sir,
Any update on the project status please.
Thanks.
Warm Regards,
Zhe Consulting -
Hi Andrew--
Is there any way to acquire more historical data on footfall? You may be hard-pressed to get an accurate estimation with only one year's worth of data and may be better off simply using the previous year's footfalls as an estimate of the upcoming year's. -
Hi,
Thanks for the project.
We request the below details which will help us to give a concrete and complete proposal.
Can you please clarify the following points:
(1) The nature of retail business i.e. is it into apparel/groceries/luxury brands etc.
(2) Will we have access to transaction data too of each store like revenue, number of invoices, quantity purchased etc.
(3) Will we have access to store details like size, catchment details, merchandise and store assortment etc.
(4) Do we have details of marketing activities done in the period like campaigns, promotions and discounts etc.
(5) Any other external data source we have
Thanks.
Warm regards,
Zhe ConsultingAndrew H.09 Aug 2017Thank you for the message. I have added my replies below;
(1) The nature of retail business i.e. is it into apparel/groceries/luxury brands etc.
Answer - Homeware
(2) Will we have access to transaction data too of each store like revenue, number of invoices, quantity purchased etc.
Answer - This maybe possible, although the sales data feed and changed during the current year and therefore makes it more difficult to use
(3) Will we have access to store details like size, catchment details, merchandise and store assortment etc.
Answer - We can help with some of this type of information
(4) Do we have details of marketing activities done in the period like campaigns, promotions and discounts etc.
Answer - We maybe able to request that information from our customer
(5) Any other external data source we have
Answer - We can certainly discuss and aid in the process, but we would also look to you to source external data for this piece of workYashi A.09 Aug 2017Hello,
Thanks for clarifying. We will be sharing our approach soon.
Warm Regards,
Zhe Consulting