Analytics Recipe Cookbook - Summaries

  • 1.  Products Out of Stock

    Posted 05-15-2017 02:21 PM

    Introduction: Determine the impact of products being out of stock on website/app.

    Analysis Overview:

    If your organization sells products, there may be cases in which certain products are out of stock. In these cases it would be good if organizations can quantify how often products are out of stock, the potential amount of money that might be at risk and have the ability to view both by product.

    Analysis Benefits:

    1. Determine if your organization has a persistent "out of stock" issue and, if so, in what areas
    2. Conduct analysis to determine if the amounts potentially lost justify changes in product sourcing/production
    DAA members, go here to view full recipe.

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    Adam Greco
    Senior Partner, Analytics Demystified
    adam@analyticsdemystified.com
    (847) 948-7965
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    Essential Series: Applying Digital Analytics