- Published on June 4, 2020
- In AI Features
How Geospatial Data Will Play A Key Role In Retail Analytics In The Post-COVID World?
Image by How Geospatial Data Will Play A Key Role In Retail Analytics In The Post-COVID World?
- By Sejuti Das
With the government of India relaxing the regulations related to the mandated lockdown, the retail industry is becoming enthusiastic about reviving their business in the post-pandemic world. The COVID-19 outbreak has indeed created a massive disruption in the retail sector where there has been a significant decline in the revenue due to shut down of stores, supply chain disruptions, and a considerable change in customer buying patterns. In fact, according to reports, non-essential retailers have faced an 80% to 100% reduction in their sales amid this crisis. Therefore, organisations are looking at relying on new data streams to keep their business afloat in the post-COVID world.
One of the critical data streams that can help the retail industry to keep its pace up post the pandemic is t
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Sejuti Das
Sejuti currently works as Associate Editor at Analytics India Magazine (AIM). Reach out at sejuti.das@analyticsindiamag.com
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