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Webinar Recap | Making Big Data Actionable: Leveraging Predictive Analytics to Thrive in the Retail Renaissance


First Insight Founder and CEO, Greg Petro and Joanne Sackett, President of Beauty, Sports, Apparel, Footwear, Accessories & Luxury of NPD Group discuss how retailers are thriving in the Retail Renaissance by leveraging predictive data.

Highlights from the Webinar Session

Q: Retail has been constantly evolving for the past decade. What are some of the biggest opportunities for retailers and brands looking to leverage data to keep up with change?

Are there particular functions or segments within retail that are more ripe than others for this type of opportunity?

It requires a major paradigm shift to create a data-driven culture. What’s your advice for getting started? what are successful companies doing to drive adoption of analytics tools

Where’s all this headed in the future? We talk about Big Data now, but won’t it be even bigger in the future? How will we all make sense of that?


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Topics: Department Store, Big Data, Consumer Insight Analyst, predictive analytics, Improve Forecast Accuracy, Consumer Products, Wholesale, voice of the customer, New Product Success Rates, Merchant, Designer, Inform Design Decisions, Luxury Retail, Reduce Markdowns, Set Entry Price Points, Strategic Planner, Specialty Retail, Wholesaler, Improve Product Success Rates, Improve Speed to Market

Download the Webinar